CRE Professionals Needed for 2020 Benchmark Study
 

March 6, 2020
Written by: CREW Network

CREW (Commercial Real Estate Women) Network, in partnership with the Massachusetts Institute of Technology (MIT) Center for Real Estate, is seeking men and women to participate in an industry-wide study measuring progress for women and benchmarking diversity in commercial real estate. The study, conducted every five years, provides critical industry data and insights, including the factors that influence career satisfaction and success.

Participate in the study at www.crewnetwork.org/benchmark by March 31.

The benchmark study will be completed in September 2020 and made available to the entire industry.

CREW Network is the leading provider of research on gender and diversity in commercial real estate. The 2015 study revealed important gains made by women, and areas where inequalities persist. Key findings from 2015:

  • Women’s career satisfaction and feelings of success increased across all industry specializations. Women with higher commission-based pay reported the highest career satisfaction.

  • More women fill senior vice president, managing director and partner positions than ever.

  • The percentage of women with direct reports is now on par with their male counterparts.

  • An "aspiration gap" exists between men and women: 28 percent of women surveyed aspire to the C-suite vs. 40 percent of men; 47 percent of women respondents aspire to the senior vice president, managing director or partner levels.

  • In 2015, the industry median annual compensation was $115,000 USD for women and $150,000 USD for men – an average income gap of 23.3 percent. The income gap was widest in the C-suite at 29.8 percent.

  • One in five women said that family or marital status has adversely impacted their career or compensation.

About CREW Network

CREW Network is the premier business network dedicated to transforming the commercial real estate industry by advancing women globally. Our members are 12,000 professionals in 75+ markets worldwide and represent all disciplines of commercial real estate. Learn more at www.crewnetwork.org.