The American Institute of Architects (AIA) has released a new white paper, “On Compensation: Considerations for Teams in a Changing Industry,” which is intended to serve as a resource for owners and other team members to use when considering appropriate compensation structures for projects involving new methodologies and tools. The paper includes a look at new value propositions, basic stakeholder motivations, “ingredients” of compensation structures, and a suggested “checklist” to serve as a point of departure for consideration, negotiation, and development of value propositions and project compensation paradigms.
KEY CONTENTS:
New Value Propositions
Motivations of Team Members: Why Do We Do This
Compensation for What: Ingredients of Compensation
Navigating new Waters: A Value Proposition Checklist