04 RESULTS Average UK Property Salary (£Kpa)


£39.000 £40.800 £42.600 £44.400 £46.200 £48.000


£39.000 £40.800 £42.600 £44.400 £46.200 £48.000


£47.1 £44.5 £43.5 £43.7


2006 2007 2008 2009 2010


£40.0 2006 2007 2008 2009 2010


The average salary of a UK property professional has increased from £43,700 to £47,086. The increase is entirely due to the increased seniority profile of the respondents this year and does not reflect a real increase in remuneration. In real terms (real industry change), the average salary across the industry has dropped by 2.5%


(versus 1.1% growth last year). Base: All giving an answer (2009: 9914, 2010: 8197)


Changes Made to Salary at Last Review


What change (if any) was made to your annual salary at your last pay review? Only 32% of respondents received a base salary increase, down from 58% last year; 15% of respondents had a base salary reduction, up from 10% the previous year; while 53% of respondents had no change made to their base salary (versus 31% last year). Base: All giving an answer (2009: 8819, 2010: 7129)


7 4 0 -3 -7 -3 -7 -10 -13 -17


Reduced 15% (+ 5%)


Unchanged 53% (+21%)


Up by 21% (- 9%)


-10 -13 -17 -20 -20 -19.0%


(*= average increase of those respondents who reported a salary increase offset against those who reported a salary decrease as a %) (Please note: 1,348 respondents did respond to question & not included with % figures)


2.259 or 32% of respondants


Average Salary Increase


5.2% No Change 0.0%


5.152 or 53% of respondants


-2.5%


Average across 8.477 respondants


1.044 or 15% of respondants


Average Salary Decrease


Real


Industry Change*


Up by 5-10% 4% (- 10%)


Up by 10-15% 2% (- 4%) Up by 15% + 3% (- 2%) Up not disclosed


2%


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