Infographic: Family Office Compensation Trends
Date:
Nov 15, 2013
Eighty percent of family office employees received a salary increase in 2013, according to our latest benchmarking study, "Family Office Compensation & Benefits." The median reported increase was 4%, up from the 3% consistently seen since the 2008 onset of the great recession.
A majority of family offices placed a premium on workplace flexibility with 68% offering flexible hours and nearly half (49%) allowing employees the ability to work remotely.
Respondents reported that paid time off generally ranged from three to four weeks depending on seniority, while cell phones were the most common perk offered to employees.
