SALARY SURVEY
Since its start, EXHIBITOR
magazine's Salary Survey
has tracked increasing
wages, with a few minor
downturns and one big ol'
disaster. This year's news
looks good on paper, but
a more nuanced picture
appears when we consider
anecdotal evidence
against the backdrop of
skyrocketing costs of living.
although the face-to-face industry
is continuing to deal with a post-pandemic
hangover in the form of labor shortages and isolated supply
chain disruptions, salaries seem to not
only be back on track, but continue
to increase. This year, 77 percent of
salary survey participants reported
receiving a raise in the last year, compared
to 74 percent last year. Further,
64 percent said that they anticipate a
raise in the coming year.
An interesting data point open to interpretation is that more than 30 percent of face-to-face marketing professionals have been in their position for fewer than three years. This could point to an influx of talent or it could point to layoffs, with professionals forced into new jobs. Another piece of data from this year's survey points to the changing corporate culture that allows for remote, widespread teams. Although this shift creates many opportunities for job seekers, if employers aren't careful about considering different costs of living across the country, remote employees can be unfairly penalized. The best news, however, is that most survey respondents not only said they are satisfied with their job and compensation, but said that their manager supports their company's trade show program. How does your salary measure up? Read on to find out. But remember, even when it comes to something as black and white as numbers, there is plenty of room for shades of gray. EXHIBITOR Magazine's 2024 Salary
Survey was conducted by Signet
Research. Participants received an
email survey invitation that included a
participation incentive. The email invitations
generated 630 responses, and
the final number of analyzed responses
was 434, screening out incomplete
responses or responses indicating no
responsibility for their organization's
trade shows or corporate events. The
sample achieves a +/- 4.7-percent
margin of error and has a 95-percent confidence interval.
Average Salaries
To read the full 2024 Salary Survey, including an in-depth analysis of the five most common job titles, visit www.ExhibitorOnline.com/Salary.
All Titles $98,580
Corporate Event Manager $107,714 Exhibit or Trade Show Coordinator $76,069 Exhibit or Trade Show Manager $100,123 Marketing Director $125,690
Good News
➤ Salary Uptick Seventy-seven percent of respondents reported receiving a raise in the last year, compared to 74 percent of respondents in 2023. An additional 22 percent of respondents maintained their salary levels. Two percent reported a decrease in compensation, up only slightly from last year, when one percent reported a decline. ➤ Predicting Futures Sixty-four percent of respondents said they expect to receive a raise in the next 12 months, while only 26 percent of survey respondent reported that they expect their salary to remain the same. ➤ Salary Bonus Sixty-two percent of respondents received a performance-based bonus last year, and respondents reported receiving an average of $18,786 in additional compensation in the form of bonuses, 401Ks, and stock purchases.
Bad News
➤ Work/Life Balance Nearly a quarter of respondents reported working more than 50 hours per week; four percent reported working 60 hours or more and very few reported overtime compensation. Although the majority of survey respondents work an average of 40 hours a week, industry professionals and managers still have a few work/life balance lessons they could learn. ➤ Back to School Thirty-one percent of industry professionals reported holding an industry certification, which shows there is room for growth in formal training, particularly considering that 35 percent of respondents said they started their current role in the last three years. ➤ Unmet Desires Forty-five percent of survey respondents said their compensation is low, up from last year's results that showed 40 percent felt that way.
Extra! Extra!
Ninety-eight percent of exhibit and event professionals receive at least one form of additional compensation. This year, the value of those extras increased from $15,754 to $18,786. The following charts indicate what percentage of respondents receive each form of compensation tracked by the survey.
In Their Own Words
The following quotes are a sampling of respondents' answers to open-ended questions regarding their careers and compensation.
Where in the World?
Exhibit and event professionals in the Pacific region earn salaries that are roughly 10 percent above average and about 18 percent higher than respondents based in the West North Central region. But the cost of living varies dramatically across the country, so comparisons like these are challenging to make.
What's Certification Worth?
Respondents with at least one industry certification (such as the Certified Trade Show Marketer designation) reported having salaries approximately 9-percent higher than those with no industry certifications at all, which amounts to roughly $8,705 in increased earnings per year.
Dollars and Cents
Base salaries have followed a relatively slow and steady march upward for the past 36 years, aside from setbacks in 1988, 1992, 1996, 2011, and 2016. But the only thing predictable about bonuses and additional-compensation averages is their unpredictability, ranging from a low of $2,981 in 1991 to highs of more than $16,000 in 2000, 2006, and 2011, with a new record of more than $18,000 set in 2024.
On the Clock
Most of our survey respondents say they receive fixed annual salaries. But what would 60 minutes of work be worth if those salaries were translated into hourly wages? Based on an average 48-hour workweek and three weeks of vacation, our calculations say exhibit and event professionals' average wage works out to roughly $41.91 per hour.
That Was Then
When EXHIBITOR magazine celebrated the milestone of its 30th Annual Salary Survey, we shared nothing but good news about increased compensation and a reduced gender gap (although we did lament the lack of overtime in an overtime-heavy industry). But we were in a different world. COVID? Didn't know her. But now that we're safely beyond the terrifying days of 2020, we can discover whether the pandemic caused lasting damage to industry professionals' annual compensation or if we're catching back up.
We See Your Salary and Raise You
The vast majority (77 percent) of exhibit and event professionals reported receiving a raise in the past year, contributing to a 19 percent increase in average base salaries. Meanwhile, 22 percent of respondents are making the same amount as they were in 2023, and a mere 2 percent suffered salary cuts. |
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