Monday, May 23, 2011

ICSC survey shows salaries and hiring rates on the rise

An article in this month's issue of Shopping Centers Today (subs required) had good news from the retail real estate sector.
"Nearly 70 percent of the companies that participated in ICSC's most recent survey of North American retail real estate compensation said they were expecting to raise base salaries, and just over a quarter of participants considered boosting staff levels last year."

ICSC's chief economist and director of research said the results "were encouraging and reassuring for 2011 as well, with expectations of continued wage gains across a broader range of the industry."

A full report on the salary survey is available for purchase for ICSC members.

And check out our ad on Page 201!

The International Council of Shopping Centers (ICSC) RECon 2011 convention is taking place this week in Las Vegas. The Wisconsin Real Estate Program is participating.

Stop by our table in university row in the Grand Lobby between the North and Central Halls of the Las Vegas Convention Center.

And join Wisconsin real estate faculty, students, alumni and friends at a networking reception tonight starting at 5:30 in the Bistro Lounge at the Las Vegas Hilton Hotel. For details, visit our Facebook page.

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