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2010 2nd 100 Giants

-- Interior Design, 7/1/2010 2:26:00 PM

Page 2 of 2


% of Fees by Project Types

 


2009 Actual Fees


% of Fees


Hospitality


$89,380,554


33%


Corporate Offices


$82,188,354


30%


Residential


$26,914,553


10%


Healthcare/Assisted Living


$25,564,559


9%


Educational  


$18,096,090


7%


Retail


$14,919,462


5%


Government


$7,166,453


3%


Cultural


$2,067,860


1%


Transportation


$752,415


0%


Other


$6,248,012


2%


Total:

  

 


2010 Forecasted Fees



% of Fees


Hospitality

$94,903,179

33%

Corporate Offices

$86,003,987

30%

Residential

$26,427,588

9%

Healthcare/Assisted Living

$28,073,195

10%

Educational  

$19,288,330

7%

Retail

$11,946,553

4%

Government

$11,509,108

4%

Cultural

$2,134,908

1%

Transportation

$658,220

0%

Other

$7,965,580

3%

Total:

$288,910,649

100%




Median Annual Salary

 
Median Hourly Rate


Principals/Partners

$130,000

$200

Project Managers

$84,800

$145

Designers

$60,000

$110

Other ID Staff

$45,000

$90




Issues Most Affecting Design Firms

  

Creating new business/Diversifying into new services/segments

81%

Marketing firm's capabilities

43%

Offering staff appropriate pay scale and benefits

27%

Training staff

20%

Recruiting qualified staff

16%

Keeping track of profits and expenses

14%

Retaining qualified staff

8%

Business Issues

  

Downturn in economy

87%

Earning appropriate fees

68%

Dealing with clients' increasing demands

46%

Increasing interference from client's consultants

16%

Creating cutting edge design solutions

9%

Managing the growing needs for sustainable design

9%

Managing vendors

5%

Client Issues

  

Finding new clients

74%

Client's willingness to pay what it's worth

57%

Getting clients to understand design value

48%

Client's willingness to take design risks

22%

Managing client expectation

16%

Retaining current clients

15%

Handling micromanaging clients

15%

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