Timeshare Industry Salaries Steady or Slightly Down

Executive Quest Inc. has released the results of its annual study of salaries within the timeshare and vacation ownership, fractional, and hospitality industry.

Keith W. Trowbridge, Ph.D., President of Executive Quest, Inc says the research is based on survey data from more than 20,000 contacts. This year’s survey included an increase from the previous 25 categories to 30 and covered topics including salary, bonus, non-cash perks, commission and total annual compensation.

Likewise, the survey also considers factors related to the participant, such as: years in the industry, resort locations, units and total annual company revenue.

Results of Timeshare Jobs Survey

The survey shows that the timeshare and fractional industries continue to feel effects of the economy, but for the most part, to a lesser degree than in the previous year. Results from the one industry area that showed the hardest hit were in the category of realtor, real estate developer, timeshare sales and timeshare broker, which for some companies, showed a drop in income. Timeshare sales representatives showed a slight increase while sales managers and directors showed a, “minor cut in compensation.”

The report does show, “Many executives received non-cash perks including a company automobile, health and life insurance, contributions to a 401(k), housing for family/visitors. Relocation expenses and housing for an initial period are also a part of the non-cash perks enjoyed by many. The non-cash perks were converted to a dollar amount and are included in the Total Compensation figures.”

You can learn more about the survey at: http://www.execq.com/index.htm