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manager salary
Posted: Sat Aug 16, 2003 7:29 am
by peache
Chrissy,
I love your site
I was wondering if you could give me an estimate of what a community manager's yearly salary might be. As an employee of a mobile community for 3 years. I have been considering community manager openings, also what would be the best way to achive this. I have hands on experience and come from a technical backround. Any information would be greatly apperciated.
Many thanks
Re: manager salary
Posted: Thu Oct 16, 2003 8:42 pm
by chrissy
This is probably the most difficult question there is out there. Salaries depend entirely on benefits - - is housing included? is site rent included? are utilities included? is a vehicle included? is there a bonus for rent collections? or net increases in economic occupancy? or are there commissions paid for sales? is health and dental insurance included? are the insurance costs for families affordable? There are literally so many options to a manager's salary that it is impossible to quote any numbers.
Re: manager salary
Posted: Sat Oct 18, 2003 5:52 pm
by Janet
I LIKE TO KNOW TOO! I ONLY GET A HOME TO LIVE IN AND ELECTRIC FREE. NO BENEFITS AT ALL AND I RUN A 300 UNIT PARK. I SELL HOMES AND RENT LOTS. NO BONUS. $1200.00 A MONTH AND I BRING IN MORE THAN ANYONE EVER HAS.( 79,000. VERSES 100,000.) THEY SAY I AM TERRIFIC BUT I DON'T FEEL REWARDED ENOUGH. LET ME KNOW PLEASE IF THIS IS BAD.
JANET
Re: manager salary
Posted: Sun Oct 19, 2003 7:32 am
by chrissy
OK - let's look at your real salary - - you say you get a home and electric free - - so, let's translate that to real dollars. How much would your home rent for per month if you did not live in it? And, how much is the rent for the site? How much is your average electric bill? Now, add all three of these together. Then, multiply by 12 to find out the total net value of this benefit. This benefit - remember - is tax free. So, essentially, you are using "after tax" dollars to pay for your housing and utilities. If they paid you full wages, and you paid for your housing, it would be after taxes. And, if you are in the 28% income tax bracket, plus 7% for social security tax, that means you would have to earn 35% more than the value of your housing in order to pay for it. Now that you can really calculate what the value of your salary is, look around you and compare. And, while you compare, don't forget the intangible benefits of your position - think about the flexible hours of your position, the ability to attend a school function with your children, to be home with a sick child and still attend to business, etc. Honestly, it doesn't sound as though your position and pay are out of line across the board, but I'm not sure how it compares to actual housing costs in Houston.