Timeshare industry salaries
Monday, August 1st, 2011Timeshare industry salaries remain steady or slightly down, according to Executive Quest Inc., which has released the results of its annual study of salaries within the timeshare and vacation ownership, fractional, and hospitality industry. The research is based on survey data from more than 20,000 contacts. The survey covered salary, bonus, non-cash perks, commission, total annual compensation, years in the industry, resort locations, units and total annual company revenue. The survey shows that the timeshare and fractional industries continue to feel effects of the economy, but to a lesser degree than in 2010. The hardest categories were realtor, real estate developer, timeshare sales and timeshare broker. Timeshare sales representatives showed a slight increase while sales managers and directors showed a minor cut in compensation. The report finds that many executives received non-cash perks including a company automobile, health and life insurance, contributions to a 401k, housing for family/visitors. The non-cash perks were converted to a dollar amount and are included in the total compensation figures.
