Real Estate Compensation Google Doc

THE GOOGLE DOC IS GETTING TAMPERED WITH AND CHANGED shouldve expected it. So I created a google form and the link is below. If you submitted your info on the excel just fill this out. It literally takes 2 seconds and then every night ill post the line by line entries

https://docs.google.com/forms/d/e/1FAIpQLSfHnRj5CN...
THE NEW ENTRIES FROM THE GOOGLE FORMS SHEET ARE GOING TO LOGGED IN THE BELOW GOOGLE SHEET. THIS SHEET WILL BE LOCKED SO WE DONT HAVE TO WORRY ABOUT ANYONE MESSING WITH IT

https://docs.google.com/spreadsheets/d/1ZG2FIjkUJK...

Comments (100)

Mar 22, 2019

It's currently in View Only mode. I'll throw in some offers and my current gig if you allow editing without giving up my email

Mar 22, 2019
Mar 22, 2019

Also, would definitely be beneficial to show comp for all roles that you have had in the industry...not necessarily linking them together, just adding them as 2 separate rows. For instance I added my Capital Markets role I had in Chicago and then my role i now have in acquisitions

Mar 22, 2019

And if you post in the excel if your ok with sharing that you post just comment on this thread saying something like "I posted"....that way the thread will show as active with a lot of comments

Mar 22, 2019

this is an awesome idea

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Mar 22, 2019

To anyone who commented, please fill out the MRED/ MSRE/ MBA column to give more clarity

Mar 22, 2019

The doc is already really illuminating and it's been up an hour. Thanks OP.

Mar 22, 2019

Love it, lots of activity

Mar 22, 2019

Bad ass. Interesting to see the cities and as of yet, not many with Graduate degrees.

Mar 22, 2019

What a great idea!

-Boston Monkey

Mar 22, 2019

If someone wants a SB, go back to the two main threads about Comp and input the data into the google doc

Mar 22, 2019

Also, lol @ the $50 visa gift card bonus. Christ some companies are cheap.

    • 1
Mar 22, 2019
CRE:

Also, lol @ the $50 visa gift card bonus. Christ some companies are cheap.

Calling the "Need Advice on Gift Cards for EOY Analyst Bonuses" thread that will pop up in a week.

Can be good if it starts with something like "last year I gave them Visa gift cards but was thinking of switching it up to Olive Garden this year...we have one across the street from our office!"

    • 4
Mar 22, 2019

SB if people emphasize TX places too

Mar 22, 2019
CRE12345:

Hey guys,

Continuing off a previous post that was a couple weeks outdated.....Someone had an idea to create a google doc so everyone can enter their comp range so everyone will be able to get a better idea of the range of comp they should be expecting.....

https://docs.google.com/spreadsheets/d/1ZG2FIjkUJK...

OP, once the doc gets more entries, it might be a good idea to standardize the "Shop Type" column with a drop down so the doc can be easily sorted.

    • 3
Mar 22, 2019

Agreed, I will make this edit

Mar 22, 2019

Someone is messing with the inputs as mine was deleted.... just an FYI

Mar 22, 2019

Same. I provided my comp and now it's gone

Mar 22, 2019

Ill dig through to see if any others have also been deleted.....have you guys re entered your info?

Mar 22, 2019

Going forward just add your comp below the last one...I am hardcoding everything to a separate excel sheet to make sure that no one is messing with any information that has already been entered. And I will be able to quickly look at the info to see which new ones have been added if everyone posts beneath the last one posted

Mar 22, 2019

create a shared excel sheet for a bunch of excel geeks and look what happens! A moth to a flame!

Mar 22, 2019

I am kicking myself for not knowing this, but for an LP Private Equity firm, what is AUM? Is that the total capitalization of all assets we own, or is it all committed capital of our investors?

Mar 22, 2019

committed capital

    • 1
Mar 23, 2019

AUM is assets under management.....essentially what the shop owns

    • 1
Mar 25, 2019

Lets say we own a $100 mm property, but levered $80mm. Is our AUM $20mm or $100mm?

Mar 22, 2019

great post!

Mar 22, 2019

Glad to see my idea implemented. I'm sure we're all very thankful!

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

    • 6
Mar 23, 2019

Good to see you take the initiative and wait for someone else to do it?

    • 5
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Apr 1, 2019

Opposite - I thought it would be a great idea for everyone, but unfortunately did not have the time to implement myself. It's good to see everyone contribute.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

    • 1
Mar 25, 2019
goodL1fe:

Glad to see my idea implemented. I'm sure we're all very thankful!

At least we know the troll that's been deleting all the info now...

    • 1
Apr 1, 2019

Why would I want to delete info for something I very much advocated to be created? That's illogical at best. Great to see everyone contribute.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

    • 1
Mar 23, 2019

At the end of every day I will go and lock the cells that were previously entered so no one can go and and manipulate it and change data. If you want want to edit your post that is locked just let me know and ill unlock

    • 1
Mar 23, 2019

excellent.

Mar 23, 2019

Is there a way to sticky this so it stays at the top?

Mar 23, 2019

What do you mean? As in sticky the post? We just need people to keep commenting on the post

Mar 26, 2019
Mar 26, 2019
Trunk Yeti:

@AndyLouis @WallStreetOasis.com

I wouldn't bother. The google doc has been messed with way too much. @CRE12345 is making a new one.

Mar 24, 2019

This is how millennials unionize.

    • 1
Mar 25, 2019

Alternatively, you could use Google Forms and make the data that's thrown out read only.

    • 4
Mar 25, 2019

This is probably a better idea.

Mar 25, 2019

Love this sheet

Mar 25, 2019

Band together. Take down the man. Get paid. Get bitches.

Seriously good idea and. RE forum on WSO is hands down the best.

    • 8
Mar 25, 2019

Damn, associate pay is not what I thought it would be anymore.

I was sure the high watermark for acquisitions associate base was $150k.

Mar 25, 2019

Why are people being vague on an anonymous spreadsheet, specifically in the city column? Such as just putting "midwest (but not Chicago)" or putting "Texas" instead of the actual city?

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Mar 26, 2019

Because the MD's are secretly monitoring this forum...

Mar 26, 2019

I think the answer is clear. Most WSO members are simply unaware that anything exists between NYC and Chicago, or Chicago and LA, so to try and explain the name and location of another "city" in the midwest, is just a waste of time. As for Texans, whether you ask what city, state, or country? The answer is always Texas.

Alternatively I'd suggest it's easy for the $1-3B PE NYC office acquisition guys to remain anonymous, but once you get outside of the major markets, there is only so many $6-10B REIT/PE/Family Offices, located in a particular city, focused on certain strategy of investing in a defined asset class within a specific region. If somebody cared to research, anonymity can disappear quickly.

Also, salaries likely are not very different between Austin/Houston/Dallas or Indy/Columbus/Pitt, so I don't think we're sacrificing quality.

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Mar 26, 2019

I don't know if it's a regional thing, but most companies (Fannie Mae, capital one) in DC area have great transparency on employee compensation. We can see the low, median, and top salary range for our current title in workday. And company 10-K disclose median pay for all employees every year, it's all public information

Mar 26, 2019

A lot of entries are getting deleted and changed, and I cant keep up with these to make sure everything is locked so I created a Google Form per the recommendation mentioned earlier in this chat. This takes LITERALLY 5 seconds to fill out...if you fill it out I will post everynight a pdf or excel of all submitted answers. Up to you guys

https://docs.google.com/forms/d/e/1FAIpQLSfHnRj5CN...

    • 1
Mar 26, 2019

Someone is still deleting things. Mine's gone.

Mar 26, 2019

yea the whole sheet is messed up honestly...enter your info in the google form and then everynight ill upload the results. it will give you compiled data after you enter. right now we have like 12 entries so going quick considering i just posted it

    • 2
Mar 26, 2019

Really great idea and honestly great execution on your part. The initial document was really well done and it was cool to see everyone typing together in real time and share with the group. Unfortunate that someone (or multiple people) kept f-ing with everything.

Mar 26, 2019

THE NEW ENTRIES FROM THE GOOGLE FORMS SHEET ARE GOING TO BE LOGGED IN THE BELOW GOOGLE SHEET. THIS SHEET WILL BE LOCKED SO WE DONT HAVE TO WORRY ABOUT ANYONE MESSING WITH IT

https://docs.google.com/spreadsheets/d/1ZG2FIjkUJK...

    • 1
Mar 26, 2019

thanks for doing this

Mar 27, 2019

This is illuminating, thanks for doing this.

Fun data to pore over. Now I have so many, "Would the person who wrote X in B6 please elaborate" follow-ups haha.

Mar 31, 2019

Life co should be added as a 'Shop Type' option.

    • 1
Mar 31, 2019

Wow, great idea, CRE12345! I wonder if readers would find it helpful to have avg hours worked per week for added context.

Apr 1, 2019

Can the Phoenix guys PM me? I just moved to the city and it would be great to connect.

Apr 2, 2019

Damn, this is slick. Looks like West Coast be killin it. Confirms my assumptions.

    • 1
Apr 4, 2019

How I wish there was a thread just like this on PE in Asia... Great thread though! SBed.

Funniest
Apr 5, 2019

Jesus christ, some of yall are getting raped. Who the fuck is the Associate in Dallas making 65K base? Got damn, there are some stingy partners in this industry.

    • 5
Apr 6, 2019

Curious, does capital markets = investment sales or is that mainly referring to debt/equity?

Apr 9, 2019

Mainly referring to debt/equity

Apr 9, 2019
CodyParkey:

Curious, does capital markets = investment sales or is that mainly referring to debt/equity?

Unless you're at CBRE, in which case it means Investment Sales. Everywhere else, it means debt/ equity. D/E at CBRE is Debt & Structured Finance. Their person in charge of naming division needs a promotion....

    • 1
Apr 9, 2019

I wonder who was tampering with the Google Doc, definitely wasn't me

Have you ever thought of investing in real estate?

    • 2
Most Helpful
Apr 9, 2019

Well, I owe OP $25,000. A couple of weeks ago i showed this google sheet to my immediate boss and showed him the gap in my base salary to average of my title. My immediate boss didn't even know what my comp was and was surprised to see how under market i was. Today he told me the company is bringing me to market. Time to celebrate!

    • 15
Apr 9, 2019

Damn, you could have not waited and used the CEL report if you wanted

    • 1
Apr 9, 2019

this one told a better story

Apr 9, 2019

We did it boys!

    • 1
Apr 9, 2019
AB84:

Well, I owe OP $25,000. A couple of weeks ago i showed this google sheet to my immediate boss and showed him the gap in my base salary to average of my title. My immediate boss didn't even know what my comp was and was surprised to see how under market i was. Today he told me the company is bringing me to market. Time to celebrate!

Holy shit, congrats.

Hah, @CRE12345 send this man an invoice. Love the RE forum.

    • 3
Apr 9, 2019

congrats, pretty awesome!

    • 1
Apr 9, 2019

Ha! This is awesome!

    • 1
Apr 10, 2019

wow nice man!

    • 1
Apr 10, 2019

Amazing, congrats!

    • 1
Apr 24, 2019

Just came back here to bump this up. Is there a way to keep this at the top section or WSO RE Hall of Fame?

    • 3
Apr 30, 2019
May 2, 2019

thanks, i'll add to RE hof

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Apr 30, 2019

I just put the link in that thread... the folks in charge should get it set in stone though.

    • 1
Apr 26, 2019

bump.

Apr 30, 2019

Doing my part to bump

Apr 30, 2019
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