2015 Salary & Benefits Study: Yes, You Are Happy To Work!
Respondents to our 2015 Salary & Benefits Study not only tell us who is doing the work, but why and how. Turns out, they’re a pretty happy bunch!
Each year, POB editors and BNP Media’s market research division team up to ask surveying, mapping and geospatial professionals about the market’s most valuable asset — the people who do the work. The annual POB Salary & Benefits Study sheds important light on not only who is working in the profession, but why and how.
In 2015, the best and most optimistic message may just be one that, ironically, we mined from answers to a negative question. Those respondents who actually had a salary decrease, although the minority, revealed the reasons for their decreases were less about the economy than in previous years. Among those, 42 percent cited lack of work or less business, down from 56 percent in 2014; 35 percent reported a slow economy, down from 53 percent the year prior.
As you will see throughout the study results, this business is blessed with overwhelmingly motivated, educated, satisfied and, above all, professional people. Read on and, as always, let us know what you think.
An Old Man’s Game?
The aging of surveyors is threatening to the profession’s future, right? In other words, as 58-year-old surveyors have repeatedly asked, who is going to do our important work when we pack it in? While concerned groups are putting forth good efforts to nurture future generations of surveyors, the challenges they face may not be as daunting as has been assumed; well, at least not quite as daunting. In 2013, 30 percent of respondents to the POB Salary & Benefits Study were aged 45 and younger; a year later, it had slipped to 27 percent, supporting the concern about an aging profession. This year, though, 35 percent of respondents are aged 45 and younger; 39 percent are aged 56 and older, down from 44 percent in 2014 and 46 percent in 2013.
Does age necessarily translate into years of service? Essentially, yes. While the mean age of respondents slipped from 53 to 52 years old from 2014 to 2015, the mean years of industry experience slipped from 27 to 26. This, however, remains a profession dominated by experience.
Further to above, the entry level to the profession has remained
fairly consistent and yet very slim. Less than one of every 20
respondents has just a few years in the business. Even one in
20 — or 5 percent — would set a new bar.
A Good Source for Jobs
Among the good news for surveyors, their
profession remains a solid, stable source of
employment. Respondents increasingly reported
the number of full-time employees in their companies
increased or stayed the same compared
to the year prior. In total, 39 percent said their
companies increased full-time staffing, up from
38 percent in 2014, 29 percent in 2013 and
23 percent in 2012. About 49 percent this year
said their companies maintained staffing levels,
up from 44 percent in 2014. Conversely, the
group of respondents reporting their companies
have cut staff has steadily decreased in
size from 30 percent in 2012, shrinking to 21
percent in 2013, 18 percent in 2014 and 13
percent this year.
On the Team
Could it be that surveyors, long considered highly independent,
are now more ingrained in the corporate structure?
Team players even? Over the past four years, respondents
to the POB Salary & Benefits Study have increasingly reported
being paid a salary as compared to an hourly wage. Of
respondents in 2012, 57 percent were compensated by salary;
in 2015, 63 percent are on salary. Have they changed?
Or, perhaps more critical, has the expectations of their
employers changed? While still overwhelming, the percentage
of full-time employees as compared to part-timers has
fluctuated over the same period.
Close to Home
Being licensed clearly remains important
to POB Salary & Benefits Study respondents,
but the state-by-state requirements
continue to keep a majority of them working
in-state. More than half of respondents
in 2015 are registered in just one state;
29 percent are registered in more than
one state. The remaining 17 percent?
They are keeping busy without being registered
in any state; that level is down from
20 percent in 2014, 18 percent in 2013
and 20 percent in 2012.
Of respondents, the overwhelming majority continue to hold professional registrations/licensures. In fact, the percentage did not change from last year. And, true to course, most of the registrations/licensures obtained are of the RPLS/PLS/RLS/LS designation; 90 percent of respondents already with registrations/licenses fall into that group. Of those, some clearly have earned other credentials along the way, falling into other categories also.
No doubt, the efforts to obtain licensure translate to professional longevity. Among licensed respondents with 30 or more years of experience, 95 percent have a RPLS/PLS/RLS/LS designation. Even with some respondents holding multiple designations, that still leaves a very small minority of veteran professionals outside the RPLS/PLS/RLS/LS group.
And, perhaps most importantly, the efforts to obtain licensure translate into more
income. Holders of an RPLS/PLS/RLS/LS designation commonly experience salary
increases, but the LSIT/SIT respondents may be catching up. Although much fewer
respondents have LSIT/SIT designations, it is increasingly more common for them to
receive increases in income now, up from only 50 percent in 2014.
There was a time, some surveying veterans
will proudly point out, when all a good
surveyor needed was a high school education,
a good mentor, and a willingness
to learn and work. That still may very well
be, but that’s certainly not all they need.
Of respondents to the POB Salary &
Benefits Study this year, 83 percent have
degrees in higher education. The ever-decreasing
number of respondents with
high school diplomas only would seem to
indicate those respondents are increasingly
retiring out of the profession.
Most of Us Benefit
Respondents to the POB Salary & Benefits Study continue to be
cherished by their employers, considering the paid benefits being
made available to them. Most of these benefits have, for multiple
years now, remained at or near the levels reported in 2015.
Good money continues to be made in the surveying and related professions. Of 2015 respondents to the POB Salary & Benefits Study, more than 50 percent make $70,000 or more annually. The mean income is $70,443.
So, are salaries going up? For the slight majority, yes they are. Among respondents, 52 percent report salary increases from two years prior; conversely, only 10 percent report decreases for the same time period.
The three leading reasons for salary increases each grew in 2015.
Among respondents receiving increased income: 37 percent
reported a bonus/raise as the reason why, up from 36 percent
in 2014; 31 percent reported a cost-of-living/inflation increase,
up from 28 percent in 2014; and 26 percent reported company
profit/success for the boost, up from 24 percent in 2014.
What Does It All Mean?
Finally, we asked surveying, mapping and geospatial professionals
just how satisfied they are with their jobs. On a scale of 1-10,
71 percent of respondents scored their satisfaction level as 8
or higher, matching the level for 2014 respondents. On the other
end, those who gave their jobs a score of 3 or lower remained
miniscule … and dropping; it fell from 4 to 3 percent.