What is the typical base salary annual increase [%] (if any) for real estate acquisition professionals and real estate development professionals?
What is the typical annual increase (%) for your RE position historically? What are the contributing factors to any annual increase?
On the development side at least, unless you work for a company big enough to have lockstep salaries/comp/annual pay increases there is no typical base salary increase. I've gone a couple years without any base salary increase at all, only to have a random massive bump for no real reason, and then a few years of no increase, and then a small increase, etc.
I have worked for the same company for 10 years starting as an analyst. Most years we get 2%-3% inflation raises, last year was 6%.
every few years get a bigger raise or promotion.
overall started at 70k all in as an analyst out of college, now at about 300k all in 10 year later.
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