macdonald and company
macdonald and company

Real Estate & Property Salary Surveys

Now in it's 20th year, the RICS Macdonald & Company Salary Survey remains the benchmark of remuneration and attitudes across the UK, Far East and Middle East property, real estate and built environment. With almost 7,000 property, built environment and real estate professionals participating in 2018, we offer benchmark services for employers as well as career advice.

2018 Property, Real Estate & Built Environment Salary Survey Findings:
  • 65% received a salary increase of an average of 6.3%, similar to the past three years.
  • 4.3% of those who received a salary increase did so as a result of an annual salary review.
  • 23.4% received an increase having attempted to resign or having found another job.
  • 67% of all respondents received an increase to their salary in the last 12 months.

    41% of recipients felt neutral or undervalued in their current role.

    44% of 2018 respondents listed having to work during holidays as making them feel most dissatisfied.

    54% indicated their company revenue would increase in 2019.
    67% of all respondents received an increase to their salary in the last 12 months. If you aren’t one of them and wish to feel more prepared when your next salary review occurs TAKE THE SURVEY to receive a copy of the results when published in 2019.  

    41% of recipients felt either neutral or undervalued in their current role. If you are an employer and wish to hear what most effects your employees motivation and productivity TAKE THE SURVEY to receive a copy of the results when published. 

    With festive holidays fast approaching, 44% of this years respondents listed having to work during holidays as making them feel most dissatisfied. If you want to have your say in this years survey TAKE THE SURVEY

    54% of all recipients to date said their company revenue would increase in 2019, if the recent political debates have affected your view of 2019 have your say now. TAKE THE SURVEY

    67% received an increase to their salary in the last 12 months.
  • 41% felt either neutral or undervalued in their current role.
  • 44% listed having to work during holidays as making them feel most dissatisfied. 
  • 54% of all recipients to date said their company revenue would increase in 2019
  • 41% of those working for consultancy/advisors were likely to move jobs over the coming twelve months.
    74% citing salary as being the principal reason for their move

Real Estate Industry Sentiment
Overall, sentiment in the industry was at its lowest level for three years with only 28% believing activity will increase in their sector over the next twelve months.
What will 2019 hold after Brexit for the UK and different sectors/regions? Take the survey and find out. 

By way of comparison, in 2016, 51% believed activity would increase. A number of key factors have had particular impact on sentiment with the increase in interest rates combined with the prospect of more to follow, the moribund residential market in London and the increased prospect of a hard Brexit all worth mentioning. The sectors that appear most confident are private equity, industrial agents, those in construction and Quantity Surveyors. Correspondingly the most pessimistic sectors are property finance, regeneration and rating.

Download 2018 Survey Results below

Make the right hires. Do not pay over the top. Stay competitive. 
Macdonald & Company provides bespoke salary and remuneration benchmark reports for employers worldwide. We offer valuable data insights and intelligence, segmented and analysed to suit individuals, businesses, locations and specific talent management needs. 

Peter Moore MRICS, Managing Director, Macdonald & Company.
March 2018

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