Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

compensation analysttoreal estate manager

A compensation analyst already meets 17% of what the real estate manager role asks for. The move turns on 25 required skills not yet in the profile.

From compensation analyst
17%
Overlap1
To real estate manager
6 Skills carried over
25 Required, not held
83.1 Difficulty2
Career overlap Distant match

17%

Learning distance A rebuild

83.1/ 100

1 Share of the real estate manager role’s weighted skill requirement already met by the compensation analyst profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A real estate manager role treats 6 of its required skills as things a compensation analyst already does. These are the ones it depends on most.

  • analyse financial performance of a company
  • control financial resources
  • corporate social responsibility
  • financial analysis
  • manage staff
  • provide cost benefit analysis reports

What stands in the way is 25 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 6 skills that carry over, these are the ones fewest other occupations ask for. A real estate manager role needs them, and most people applying for one will not have them already. This is the part of a compensation analyst background worth leading with.

Skill the target role also needs Area
  • already held control financial resources management skills
  • already held financial analysis business, administration and law
  • already held analyse financial performance of a company information skills
  • already held provide cost benefit analysis reports information skills
  • already held corporate social responsibility business, administration and law
  • already held manage staff management skills

All 6 carried skills, including the 6 the real estate manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 38 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 information skills 8 required, 2 supplementary
  • required, not held analyse insurance risk required
  • required, not held analyse market financial trends required
  • required, not held audit contractors required
  • required, not held compare property values required
  • required, not held execute feasibility study required
  • required, not held maintain financial records required
  • required, not held obtain financial information required
  • required, not held trace financial transactions required
  • optional, not held examine the conditions of buildings optional
  • optional, not held value properties optional
02 management skills 7 required, 3 supplementary
  • required, not held collect rental fees required
  • required, not held create a financial plan required
  • required, not held enforce financial policies required
  • required, not held monitor contractor performance required
  • required, not held organise a damage assessment required
  • required, not held strive for company growth required
  • required, not held supervise property development projects required
  • optional, not held manage budgets optional
  • optional, not held plan health and safety procedures optional
  • optional, not held recruit employees optional
03 business, administration and law 5 required, 2 supplementary
  • required, not held budgetary principles required
  • required, not held financial management required
  • required, not held financial statements required
  • required, not held property law required
  • required, not held real estate market required
  • optional, not held concurrent estate optional
  • optional, not held modern portfolio theory optional
04 communication, collaboration and creativity 4 required, 6 supplementary
  • required, not held advise on financial matters required
  • required, not held create insurance policies required
  • required, not held liaise with managers required
  • required, not held manage contracts required
  • optional, not held advise on property value optional
  • optional, not held attend trade fairs optional
  • optional, not held develop professional network optional
  • optional, not held inform on renting agreements optional
  • optional, not held negotiate with property owners optional
  • optional, not held provide information on properties optional
05 assisting and caring 1 required
  • required, not held follow company standards required
Table 4

Table 4 · Where to start

The 3 entries a real estate manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 6 skills that carry over
Skill Type
  • already held analyse financial performance of a company skill
  • already held control financial resources skill
  • already held corporate social responsibility knowledge
  • already held financial analysis knowledge
  • already held manage staff skill
  • already held provide cost benefit analysis reports skill
13 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held advise on property value optional
  • optional, not held attend trade fairs optional
  • optional, not held concurrent estate optional
  • optional, not held develop professional network optional
  • optional, not held examine the conditions of buildings optional
  • optional, not held inform on renting agreements optional
  • optional, not held manage budgets optional
  • optional, not held modern portfolio theory optional
  • optional, not held negotiate with property owners optional
  • optional, not held plan health and safety procedures optional
  • optional, not held provide information on properties optional
  • optional, not held recruit employees optional
  • optional, not held value properties optional
23 held skills the real estate manager role does not ask for
Skill Type
  • not needed by the target role actuarial science knowledge
  • not needed by the target role analyse unemployment rates skill
  • not needed by the target role business analysis knowledge
  • not needed by the target role business loans knowledge
  • not needed by the target role business processes knowledge
  • not needed by the target role business valuation techniques knowledge
  • not needed by the target role calculate compensation payments skill
  • not needed by the target role calculate dividends skill
  • not needed by the target role calculate employee benefits skill
  • not needed by the target role carry out job analysis skill
  • not needed by the target role company policies knowledge
  • not needed by the target role determine salaries skill
  • not needed by the target role develop employee retention programs skill
  • not needed by the target role employment law knowledge
  • not needed by the target role estimate profitability skill
  • not needed by the target role financial capability knowledge
  • not needed by the target role financial forecasting knowledge
  • not needed by the target role human resource management knowledge
  • not needed by the target role human resources department processes knowledge
  • not needed by the target role labour market knowledge
  • not needed by the target role manage payroll reports skill
  • not needed by the target role personnel management knowledge
  • not needed by the target role promote equal pay skill
7 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier
  • required, not held budgetary principles required
  • required, not held financial management required
  • required, not held financial statements required
  • required, not held property law required
  • required, not held real estate market required
  • optional, not held concurrent estate optional
  • optional, not held modern portfolio theory optional
Index
Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.