2020 Actual and 2021 Executive Pay Forecast
The Contractor Compensation Quarterly (CCQ) is especially designed for the busy construction executive that needs to keep abreast of competitive compensation and benefit levels within the industry.
The 2020 Executive actual increase came in at 3.8% (more on this on page 4). The projected 2021 executive increase is 3.4%. Historically predictions are about .5% low, but it’s too early to know if we will see this much escalation in 2021. We will have some sense late in the second quarter on how 2021 will play out. For comparison, WorldatWork is projecting a 3.1% average increase for all executives in 2021.
Download the Complete PAS Contractor Compensation Quarterly, The Marcum Edition