05
% of Professsionals Receiving Increase 80%
16% 32% 48% 64% 80%
64% 48% 74% 32% 16% 0% 2006 2007 2008 2009 Base: All giving an answer (2008: 6758, 2009: 8819, 2010: 7129) 8% 6% 4% 5.4% 2% 0% 2006 2007 2008 2009 2010 Base: All giving an answer (2008: 6758, 2009: 8819, 2010: 2145)
Changes Made to Salary at Last Review & Anticipated Change at Next Review by Employer Type
EMPLOYER TYPE CHANGE – SALARY =
INVESTMENT/DEVELOPMENT TOTAL
PROPERTY PRACTICE/ CONSULTANCY
FINANCIAL SERVICES
COMMERCIAL/INDUSTRIAL /OCCUPIER
FM SERVICE PROVIDER EDUCATION NON-PROFIT
CENTRAL/LOCAL GOVERNMENT
53% 61% 59% 53% 61% 58% 35% 46% 34%
32% 28% 16% 44% 31% 38% 57% 51% 61%
NEXT 12 MONTHS – SALARY & BENEFITS RIC* =
15% 11% 25% 3% 8% 4% 8% 3% 5%
-2.5% -2.1% -7.3% 2.8% 0.6% 2.1% 0.8% 1.5% 1.3%
55% 55% 54% 51% 55% 62% 58% 60% 53%
?
16% 23% 18% 22% 20% 13% 28% 9% 6%
24% 19% 22% 22% 19% 22% 7% 23% 37%
1% 0% 1% 0% 2% 1% 1% 1% 0%
4% 3% 5% 5% 4% 2% 6% 7% 4%
=
?
KEY NO CHANGE INCREASE DECREASE LEAVE PROFESSION DON’T KNOW
(*= average increase of those respondents who reported a salary increase offset against those who reported a salary decrease as a %)
6.6% 7.5% 7.9% 5.4% 2010 Average UK Property Salary Increase
Of those who did receive an increase in base salary last year, 32%, the average increase across all sectors of employment, location and level was 5.4% (versus 7.9% last year).
77% 75% 58% 32%
2006 2007 2008 2009 2010
The matrix shows the % change in base salary and real industry change (RIC) that was experienced last year in each employer type. Respondents were also asked what they expected to happen to their base remuneration in the next twelve months. Overall 16% (versus 6% last year) anticipate a salary increase, 24% (versus 36%) anticipate a decrease while 55% (versus 51%) expect no change to be made to their base salary in the next year.
www.macdonaldandcompany.com
The RICS and Macdonald & Company Rewards & Attitudes Survey 2010
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