More Work, Less Pay
SelectLeaders Job Network, the industry’s leading job site for professionals published its 2011 hiring & compensation forecast last week, and the results confirm what most of us believe--or at least hope for in the year ahead. SelectLeaders reported a 180-degree turnaround in the outlook with the majority forecasting a better year ahead. Expectations for compensation were also looking up with nearly 50% expecting an increase in compensation. But the rub is that 85% of the respondents are doing more work for less pay. Not surprising, but I expect that the trend to broader roles and fewer people for the foreseeable future will be the norm. But then again, we are lucky to have a job!

Survey results on Globest.com’s Career Center.

Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.

THE HUTENSKY GROUP
Senior Real Estate Professional
(HARTFORD, CT) The candidate will contribute to the development and execution of investment strategy, acquisitions, and value-add asset management. The candidate will become part of a dynamic, growing private real estate investment fund manager with an established platform with high growth potential; among other duties.