According to PCMA Convene’ s 2016 Annual Salary Survey, while nearly three-quarters of meeting professionals received a raise over the past 12 months, it was significantly smaller than the average increase they reported in last year’s survey.This month, PCMA Convene magazine published the results of its annual Salary Survey, which has served as an industry benchmark for several decades. The results of the 2016 survey — completed by more than 400 association, corporate, and independent meeting professionals in March — reveal that their average salary is $80,505. Those with the CMP designation earned on average $85,052, about $8,500 more per year than those without a CMP.
The average pay increase in this year’s survey, at 4.35 percent, was several points lower than the 7-percent average raise meeting professionals said they received in last year’s survey. Even so, only one-third expressed dissatisfaction with their compensation.
“The meeting professionals who participated in this year’s survey are clearly a hard-working bunch,” said Convene Editor in Chief Michelle Russell. “Sixty-seven percent said they have had more responsibilities added their job this year; more than half work 41 to 50 hours a week; and 20 percent put in more than 51 hours per week. Not surprisingly, many told us that they wished they had more time off. And yet, eight out of 10 respondents said that they took fewer vacation days in 2015 than they were entitled to. Those results are in keeping with the rest of corporate America, according to several studies. Oxford Economics found that U.S. workers forgo an average of five vacation days a year.”