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EXHIBITOR Magazine Releases Results of 32nd Annual Salary Survey
Exhibitor Media Group, the award-winning leader in trade show and corporate event marketing education, announces the results of its 32nd Annual Salary Survey, which queried nearly 600 face-to-face marketers.
According to the report, the 2018 average base salary for exhibit and event professionals increased 1.6 percent compared to 2017. Furthermore, respondents’ additional-compensation average (which combines overtime pay, travel per diems, profit sharing, stock purchase/participation, performance bonuses, compensatory time, holiday pay, etc.) jumped 12 percent since last year, meaning respondents’ total take-home pay is up 2.6 percent compared to last year.
That increase is just marginally off the average of 2.7 percent for all American workers, as reported by a recent study on the impact record job creation has had on employee compensation. Still, many economists struggle to explain why salary increases aren’t higher given the fact that the U.S. unemployment rate hit 3.8 percent earlier this year, marking its lowest levels in nearly half a century.
Below are key findings from this year’s survey. The comprehensive report is available in EXHIBITOR Magazine’s July 2018 issue and online at: www.exhibitoronline.com/topics/article.asp?ID=2620
- Average base salaries reached a record high of $75,207. This year’s average represents a 1.6-percent increase over last year and is more than 7 percent higher than 2016.
- Unfortunately, the average salary increase of 1.6 percent doesn’t cover the 2-percent cost-of-living increase as measured by the Social Security Administration.
- Additional compensation is up 12 percent compared to 2017. When added to this year’s average base salary, that translates to a 2.6-percent uptick in total take-home pay.
- Despite this year’s record-setting average base salary, nearly half of respondents (48 percent) believe their compensation is low, considering their job responsibilities.
- Sixty-nine percent of respondents received a raise in the last year, while an additional 30 percent maintained 2017 salary levels. That means only 2 percent of respondents are making less in 2018 than they were last year.
- The gender gap has widened since last year. In 2017, women in the exhibit and event industry were making 84 cents for every dollar earned by men. This year, that figure is down to 83 cents.
- Roughly 88 percent of respondents indicated the size of their exhibit marketing teams have increased or remained the same in the past 12 months, signaling a strong level of job security.
About Exhibitor Media Group
The leader in trade show and corporate event marketing education, Exhibitor Media Group publishes the award-winning EXHIBITOR magazine, a monthly publication featuring best practices in trade show marketing. EXHIBITOR's learning events include: EXHIBITORLIVE, the professional development conference for trade show and corporate event marketers; EXHIBITORFastTrak accelerated learning conferences; and EXHIBITOR eTrak, professional online learning. Exhibitor Media Group is also the founder and sponsor of CTSM (Certified Trade Show Marketer), the industry's only university-affiliated professional certification program. Learn more at www.ExhibitorOnline.com.
EXHIBITOR is a registered trademark, and EXHIBITORLIVE, EXHIBITORFastTrak, and EXHIBITOR eTrak, are trademarks of Exhibitor Publications, Inc. in the USA and other countries. All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated.
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