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The Vertical Salary Review 2017with Place North WestPROPERTY + CONSTRUCTION
Contents
3 Foreword
4 Methodology
5 Profile of respondents
7 Overview
8 Salary summary
9 Architects
12 Building Services Consultants (M&E)
15 Building Surveyors
18 General Practice Surveyors
21 Project Managers
24 Quantity Surveyors
27 Structural Engineers
30 Civil Design Engineers
33 Gender
35 Job satisfaction
37 Optimism
38 Challenges
39 Salaries table
40 Final words
41 About Vertical Recruitment
42 About Place North West
2
Foreword
JAMES ADAMSONDIRECTORVERTICAL RECRUITMENT
PAUL UNGER EDITORPLACE NORTH WEST
Welcome to the Vertical Salary Review 2017, in association with Place North West.
This report looks at the salaries, sentiments and perceptions of property and construction professionals in the North West. We hope you find it interesting and useful as a reference tool for businesses and individuals withinthe industry.
In the current economically and politically turbulent times, it is more important than ever to track employment trends and explore how industry professionals regard their careers and futures.
For details about Vertical Recruitment and Place North West, please see the final pages of this report.
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Methodology
The data used in this report was gathered in a survey of 532 North West property and construction professionals, carried out between March and July 2017 via an online questionnaire.
The questionnaire consisted of a mixture of closed multiple-choice questions and open text questions. All answers were anonymous.
Any omission of data in any graph, chart or table signifies a lack of sufficient data necessary for obtaining an accurate figure. All salary change figures are based on the answers given by this year’s respondents, rather than a comparison against the sample used in the 2016 report. National average figures used in this report are sourced from Office of National Statistics data.
IMPORTANT: Unless otherwise attributed, all the material in this report is the copyright of Place North West Ltd and Vertical Recruitment Solutions Ltd. This publication may not be reproduced, transmitted, stored in a retrieval system or otherwise disseminated in any form in whole or in part without the express permission of the copyright holders.
While every effort has been made to ensure the accuracy of the information contained in this report, no responsibility can be accepted for any errors or omissions.
Published by Place North West Ltd and Vertical Recruitment Solutions Ltd.
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32%
35%
21%
9%
2%1%
Under 30 31-40 41-50 51-60 61-70 Over 70
YEARS
AGE
Profile of respondents
75% male
25% female
DISCIPLINE
AGE JOB LEVEL
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Architect 17%
Building Services Consultant (M&E) 8%
Building Surveyor 6%
Civil Design Engineer 6%
General Practice Surveyor 20%
Project Manager 23%
Quantity Surveyor 12%
Structural Engineer 8%
2%
13%
17%
13%
15%
8%
32%
Up to 1 year
1 - 3 years
4 - 6 years
7 - 9 years
10 - 12 years
13 - 15 years
16+ years
YEARS OF INDUSTRY EXPERIENCEYEARS OF INDUSTRY EXPERIENCE
YEARS WITH THE COMPANY
TYPE OF COMPANY EMPLOYMENT TYPE
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20%
8%
23%
12%
9%
5%
3%
2%
3%
2%
2%
1%
2%
1%
2%
5%
<1 year
1 years
2 years
3 years
4 years
5 years
6 years
7 years
8 years
9 years
10 years
11 years
12 years
13 years
14 years
15+ years
Profile of respondents
2%
5%
93%
Part-time
Freelance
Full-time
Overview
The results of the Vertical Salary Review 2017 suggest a wary but optimistic industry facing uncertainty and challenges ahead.
Salaries continue to rise across all employment types and disciplines. This is likely to be due to a strong pipeline of work in the region and a chronic skills shortage, resulting in a candidate’s market.
This year’s results suggest more of a priority on salary and bonuses, whereas the Vertical Salary Review 2016 showed a stronger emphasis on wellbeing. Work-life balance remains important however, with many professionals seeking flexible working.
Following the vote to leave the European Union, Brexit was a major concern, cited by a third of respondents as the main challenge facing the industry.
The skills gap and worries over staff retention continue to trouble the industry, and there are frustrations over project fees, profitability and the planning system.
The gender pay gap persists at a level above the national average, across all of the disciplines surveyed and increasing with seniority.
Despite this, there remains a great deal of optimism and job satisfaction within the industry.
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Salary summary
Director £73,220
Associate £47,905
Senior £42,302
Intermediate £33,044
Technician £27,408
Graduate £23,988
Full-time workers
£43,943Part-time workers
£41,267Freelancers
£341per dayincrease since last year
SALARY BY DISCIPLINE (£)
Director £72,000
Associate £58,300
Senior £45,862
Intermediate £30,055
Graduate £25,025INFRASTRUCTURE
PROPERTY
5.6%
increase since last year
increase since last year7.9%
4.7%
SALARY CHANGE ON 2016
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PAY BY EMPLOYMENT TYPE
39,604
45,28248,619
46,621 47,60949,510
42,637 43,189
Architect BuildingServices
Consultant
BuildingSurveyor
GeneralPracticeSurveyor
ProjectManager
QuantitySurveyor
StructuralEngineer
Civil DesignEngineer
4.9%
8.1%
6.5%
10.7% 10.4% 10.7%
9.1%
8.1%
Architect BuildingServices
Consultant
BuildingSurveyor
GeneralPracticeSurveyor
ProjectManager
QuantitySurveyor
StructuralEngineer
Civil DesignEngineer
Architects
AVERAGE SALARY
£39,604AVERAGE SALARY INCREASE SINCE LAST YEAR4.9%
SALARY BY LEVEL
SALARY CHANGE ON 2016
JOB SATISFACTION
71%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
18%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
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SALARY BY LEVEL (£)
7%
15%
18%
48%
12%
2.8%
3.8%
9.2%
4.9%
0.8%
3.7%
Graduate Technician Intermediate/ chartered
Senior Associate Director /partner
26,25029,500 29,321
39,015 40,028
64,000
Graduate Technician Intermediate/ chartered
Senior Associate Director /partner
OF ARCHITECTS RECEIVE WORK BENEFITS85%
TOP 5 BENEFITS RECEIVED
PENSION
62%MOBILE PHONE
62%
BONUS
28%PARKING
28%FLEXIBLE
WORKING
24%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
51%BONUS
64%FLEXIBLE
WORKING
54%
CAR ALLOWANCE
16%
HEALTHCARE
29%
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
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4%
4%
8%
10%
11%
11%
12%
12%
14%
15%
16%
21%
33%
49%
79%
Share options
Better training
More appealing work location
Enhanced job security
Better company culture
More recognition
Easier commute
Less pressure
Increased bonus
Better management
Better variety of projects
Better benefits package
Better work-life balance
Improved career progression
Increased salary
Architects
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
The salary rise at intermediate / chartered level was unsurprising as we continue to feel the impact of the recession, when many people left the industry and few entered it. The skills gap at that level remains, meaning more competition and higher salary expectations. The demand for Architectural Technicians with REVIT experience remains and whilst the skills gap in that area seems to have narrowed since last year, highly skilled technicians are able to command salaries which were not typical of technician roles in previous years.
Architecture roles increasingly require specialist sector experience, particularly in residential, education and commercial. However, over recent years, I have observed many architects working across different sectors, perhaps to reduce vulnerability when one sector struggles, which means it can be difficult to offer stand-out expertise.
Brin GleesonRecruitment Consultant, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Existing client retention and bidding for new work in highly competitive sectors”
“Fees being at a critically low level that impacts on quality and profitability”
“Insecurity over issues related to Brexit”
“Consistency and stability of national and local housing policy and security for large scale long-term investments and projects”
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
2%
2%
2%
2%
2%
2%
2%
4%
4%
6%
6%
9%
11%
11%
26%
30%
Business leadership
Confidence
Don't know
Political uncertainty
Procurement process
Project viability
Public cuts
Other
Quality of work
Cashflow
Competition
Economic uncertainty
Funding / investment
Low fees
Talent / skills
Brexit
Architects
Average salary
£45,282AVERAGE SALARY INCREASE SINCE LAST YEAR8.1%
65%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
9%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
JOB SATISFACTION
10.6%
4.0%
7.4% 7.2%
12.0%
Graduate Intermediate /chartered
Senior Associate Director / partner
SALARY CHANGE ON 2016
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SALARY BY LEVEL (£)
25,98029,438
46,792
55,750
61,960
Graduate Intermediate /chartered
Senior Associate Director /partner
Building Services Consultants (M&E)
6%
23%
50%
21%
OF BUILDING SERVICES CONSULTANTS RECEIVE WORK BENEFITS97%
TOP 5 BENEFITS RECEIVED
PENSION
70%DEATH IN SERVICE
INSURANCE
47%
FLEXIBLE WORKING
40%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
55%BONUS
66%FLEXIBLE
WORKING
52%
CAR ALLOWANCE
24%
HEALTHCARE
31%
MOBILE PHONE
43%
HEALTHCARE
43%
FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
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0%
3%
7%
7%
10%
10%
10%
14%
14%
17%
24%
31%
34%
41%
76%
More appealing work location
Share options
Better training
Better company culture
Enhanced job security
Less pressure
More recognition
Better benefits package
Easier commute
Better management
Increased bonus
Better variety of projects
Better work-life balance
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
Building Services Consultants (M&E)
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
The growth we saw last year has continued and I think the 8.1% average salary increase clearly demonstrates a candidate-led market. After some initial nervousness around Brexit, the tables have turned and candidates are optimistic about the future, and confident in setting out their financial expectations.
We are seeing many new projects and vacancies to fill, however there are fewer readily available candidates. Employers are offering salary increases to retain existing staff and those that are looking to move have higher salary expectations against a backdrop of little competition. Employers recognise this and are making steps to offer attractive salary and benefits packages to recruit the best staff.
James SmithDirector, Vertical Recruitment
5%
5%
5%
5%
5%
5%
5%
5%
9%
14%
23%
27%
Build costs
Competition
Confidence
Funding / investment
Low fees
Low salaries
Political uncertainty
Quality of work
Other
Timescales
Brexit
Talent / skills
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Producing quality environmental design on budget constrains”
“Keeping staff motivated”
“Lack of understanding or belief in services provided.”
“Recruitment of experienced and competent staff”
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OUR INDUSTRY OBSERVATIONS
RESPONDENTS’ CONCERNS
Building Services Consultants (M&E)
Building Surveyors
Average salary
£48,619AVERAGE SALARY INCREASE SINCE LAST YEAR6.5%
65%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
9%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
22,333
41,40046,278
53,265
68,286
Graduate Intermediate /chartered
Senior Associate Director /partner
JOB SATISFACTION
SALARY CHANGE ON 2016
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SALARY BY LEVEL (£)
5.1%
2.9%
4.7%5.3%
12.1%
Graduate Intermediate /chartered
Senior Associate Director /partner
3%
7%
7%
66%
17%
TOP 5 BENEFITS RECEIVED
PENSION
81%MOBILE PHONE
81%
BONUS
61%DEATH IN SERVICE
INSURANCE
61%
HEALTHCARE
45%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
48%BONUS
71%FLEXIBLE
WORKING
39%
COMPANYCAR
23%
OF BUILDING SURVEYORS RECEIVE WORK BENEFITS99%
CARALLOWANCE
42%
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TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
0%
0%
7%
7%
10%
13%
13%
13%
17%
17%
20%
23%
27%
53%
80%
Easier commute
Better training
Share options
More recognition
Better management
Better benefits package
Better variety of projects
More appealing work location
Enhanced job security
Less pressure
Better work-life balance
Better company culture
Increased bonus
Improved career progression
Increased salary
Building Surveyors
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
Building surveying remains highly competitive and continues to face a shortage of MRICS-qualified Surveyors. Employers are recognising this and offering excellent salary and benefit packages tonewly qualified employees in order to retain them. I am seeing fewer candidates in the market at this level, which suggests there is merit in doing this.
I have also observed a shift in the number of people seeking project- based building surveying roles over ‘professional consultancy’ such as dilapidations. This has resulted in a gap in professional building surveying resources with large volumes of work still to deliver. For those who enjoy this type of work, this presents significant and well-paid job opportunities.
Brin GleesonRecruitment Consultant, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Larger companies taking building surveying inhouse rather than outsourcing to consultancies”
“Race to the bottom on fees, and client nervousness”
“People worrying unnecessarily about Brexit”
“High demand for services and not enough experience in existing staff”
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
5%
5%
11%
11%
16%
26%
42%
Funding / investment
Low fees
Competition
Other
Economic uncertainty
Talent / skills
Brexit
Building Surveyors
General Practice Surveyors
Average salary
£46,621AVERAGE SALARY INCREASE SINCE LAST YEAR10.7%
76%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
7%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
23,554
32,682
41,56748,141
81,088
Graduate Intermediate /chartered
Senior Associate Director /partner
5.0%
20.0%
5.0%7.0%
1.6%
Graduate Intermediate /chartered
Senior Associate Director /partner
JOB SATISFACTIONSALARY BY LEVEL (£)
SALARY CHANGE ON 2016
MAIN PRACTICE
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2%
15%
11%
47%
25%
Development29%
Property & Asset Management
23%
Valuation17%
Agency10%
Investment10%
Other7%
Landlord & Tenant
2%Rating
2%
TOP 5 BENEFITS RECEIVED
MOBILE PHONE
71%
PENSION
71%CAR
ALLOWANCE
49%
DEATH IN SERVICE
INSURANCE
45%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
51%BONUS
73%FLEXIBLE
WORKING
28%
COMPANYCAR
15%
OF GENERAL PRACTICE SURVEYORS RECEIVE WORK BENEFITS97%
CARALLOWANCE
51%
BONUS
60%
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0%
1%
1%
4%
4%
6%
6%
9%
12%
13%
15%
20%
21%
41%
61%
87%
Better training
Enhanced job security
Better management
Share options
Other
Easier commute
Less pressure
More recognition
More appealing work location
Better company culture
Better variety of projects
Better benefits package
Better work-life balance
Increased bonus
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
General Practice Surveyors
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
Like most disciplines, there is a shortage across general practice at the intermediate / middle management level.
This is intensified by a thriving property market and increasing demand for Chartered Surveyors.
I believe the 20% salary increase on last year at the chartered or intermediate level is a direct result of this, with candidates in a strong position to command salaries higher than traditionally offered.
Brin GleesonRecruitment Consultant, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Managing purchaser and vendor expectations”
“A lagging supply of quality new space”
“Maintaining fee levels for a premium standard of work”
“Unpredictable global economic forces affecting the
property market”
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
2%
2%
2%
5%
5%
5%
7%
10%
15%
17%
39%
Confidence
Political uncertainty
Quality of work
Low fees
Other
Talent / skills
Procurement process
Land supply
Public cuts
Economic uncertainty
Brexit
General Practice Surveyors
Project Managers
Average salary
£47,609AVERAGE SALARY INCREASE SINCE LAST YEAR10.4%
78%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
11%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
4.6%
8.1%
6.0%4.8%
13.3%
Graduate Intermediate /chartered
Senior Associate Director /partner
JOB SATISFACTIONSALARY BY LEVEL (£)
SALARY CHANGE ON 2016
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25,333
34,164
43,075
59,620
80,598
Graduate Intermediate /chartered
Senior Associate Director /partner
6%
12%
11%
51%
20%
TOP 5 BENEFITS RECEIVED
PENSION
78%MOBILE PHONE
66%BONUS
45%DEATH IN SERVICE
INSURANCE
44%
HEALTHCARE
40%
TOP 5 MOST IMPORTANT BENEFITS
BONUS
54%PENSION
70%CAR
ALLOWANCE
35%
HEALTHCARE
28%
OF PROJECT MANAGERS RECEIVE WORK BENEFITS94%
FLEXIBLEWORKING
41%
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2%
4%
5%
5%
7%
8%
8%
12%
13%
13%
15%
15%
17%
39%
61%
75%
Other
Share options
Better training
Less pressure
Enhanced job security
More appealing work location
More recognition
Easier commute
Better management
Better company culture
Increased bonus
Better benefits package
Better variety of projects
Better work-life balance
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
Project Managers
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
As with most disciplines, there is high demand for middle management staff, notably Project Managers with experience of managing large and complex projects autonomously. To fill the gap left behind following the last recession, I am seeing junior staff progress much quicker than previously.
Employers are offering higher salaries and more responsibility to the best candidates, and investing in their professional development in order to retain them. This is particularly attractive to those that may have experienced pay freezes previously and many are making the decision to move.
James AdamsonDirector, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Adequate training for all levels within the industry”
“Slow client decision making”
“Lack of graduates with real work experience to reduce the burden of extensive training and relieve senior individuals of an increasing workload”
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
2%2%2%2%2%2%2%
3%3%3%
5%7%7%7%7%
9%10%
28%29%
Business leadershipCashflow
ConfidenceDon't know
Political uncertaintyProcurement process
Quality of workBuild costs
Low feesTimescales
Planning systemCompetition
Economic uncertaintyLand supply
Public cutsOther
Funding / investmentBrexit
Talent / skills
Project Managers
Quantity Surveyors
Average salary
£49,510AVERAGE SALARY INCREASE SINCE LAST YEAR10.7%
75%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
13%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
19.9%
16.3%
6.0% 5.2% 5.1%
Graduate Intermediate /chartered
Senior Associate Director /partner
24,200
36,490
51,82555,136
83,300
Graduate Intermediate /chartered
Senior Associate Director /partner
JOB SATISFACTIONSALARY BY LEVEL (£)
SALARY CHANGE ON 2016
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2%
16%
9%
57%
16%
TOP 5 BENEFITS RECEIVED
PENSION
79%MOBILE PHONE
70%
CAR ALLOWANCE
49%
DEATH IN SERVICE
INSURANCE
49%
HEALTHCARE
46%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
52%BONUS
57%FLEXIBLE
WORKING
33%
COMPANYCAR
26%
OF QUANTITY SURVEYORS RECEIVE WORK BENEFITS95%
CARALLOWANCE
54%
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4%
4%
4%
5%
5%
11%
11%
13%
13%
22%
24%
29%
29%
45%
82%
More appealing work location
Better training
More recognition
Share options
Enhanced job security
Less pressure
Better company culture
Better variety of projects
Better management
Better benefits package
Increased bonus
Easier commute
Better work-life balance
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
Quantity Surveyors
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
I have observed a significant increase in the demand for freelance quantity surveyors this year which I believe can be attributed to two factors.
Firstly, the gap in middle management staff remains and whilst employers are often seeking permanent employees, they are forced by immediate resourcing demands to employ freelance contractors.
Secondly, some employers do not have a longer term pipeline secured and are taking a more immediate approach to recruitment. This is less so in the commercial sector which appears very strong, but is apparent in the public sector.
James AdamsonDirector, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Recruiting good quality client-facing, senior-level project staff”
“Converting the pipeline into physical projects on site”
“Creating stability in the market whilst maintaining an upward curve in output”
“Inadequate salaries and work packages”
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
3%
3%
3%
6%
6%
6%
9%
9%
38%
41%
Land supply
Low salaries
Other
Planning system
Political uncertainty
Project viability
Economic uncertainty
Funding / investment
Brexit
Talent / skills
Quantity Surveyors
Structural Engineers
Average salary
£42,637AVERAGE SALARY INCREASE SINCE LAST YEAR9.1%
68%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
6%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
JOB SATISFACTIONSALARY BY LEVEL (£)
SALARY CHANGE ON 2016
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11.4%
2.1%
10.8%
8.4% 8.3%
6.4%
Graduate Technician Intermediate/ chartered
Senior Associate Director /partner
28,333 27,10332,571
47,630
57,833
68,334
Graduate Technician Intermediate/ chartered
Senior Associate Director /partner
17%
9%
23%
31%
20%
TOP 5 BENEFITS RECEIVED
PENSION
77%CYCLE TO
WORK SCHEME
63%
FLEXIBLEWORKING
63%DEATH IN SERVICE
INSURANCE
57%
HEALTHCARE
43%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
63%BONUS
63%FLEXIBLE
WORKING
22% 19%
OF STRUCTURAL ENGINEERS RECEIVE WORK BENEFITS93%
44%
COMPANY CAR
DEATH IN SERVICE
INSURANCE
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3%
3%
7%
7%
10%
10%
10%
10%
17%
17%
17%
24%
45%
52%
66%
Better training
More recognition
Better benefits package
Share options
Enhanced job security
Better management
Less pressure
Better company culture
Increased bonus
Easier commute
Better work-life balance
More appealing work location
Better variety of projects
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
Structural Engineers
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
The average 9.1% salary increase is likely to be due to both the general optimism of the industry and the pipeline of work.
The market is strong and with that comes the recognition that good people will expect to be paid more. Employers are taking steps to retain their staff by offering increased salaries and clear career progression routes. We are also seeing smaller businesses implement new and innovative benefits packages in order to compete with larger corporate and national companies.
Employees who are not satisfied in their current role are confidentlyentering the job market and commanding higher salaries than before due to a shortage of staff, particularly Chartered Structural Engineers.
James SmithDirector, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
“Professional fees remain depressed and margins very tight”
“Constant challenge to deliver more for less, which is what clients are expecting”
“Lack of trained technicians able to use packages such as Revit and CADS RC”
“The struggle of finding quality staffwho are interest-
ed in joining an SME”
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
4%
4%
4%
4%
4%
8%
8%
13%
17%
17%
21%
Competition
Land supply
Other
Procurement process
Timescales
Don't know
Low fees
Funding / investment
Brexit
Economic uncertainty
Talent / skills
Structural Engineers
Civil Design Engineers
Average salary
£43,189AVERAGE SALARY INCREASE SINCE LAST YEAR8.1%
86%OPTIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
7%PESSIMISTIC ABOUT
THE INDUSTRY’S ECONOMIC PROSPECTS
32,000
42,141
Intermediate / chartered Senior
12.3%
5.9%
Intermediate / chartered Senior
JOB SATISFACTIONSALARY BY LEVEL (£)
SALARY CHANGE ON 2016
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4%
7%
14%
46%
29%
TOP 5 BENEFITS RECEIVED
PENSION
84%60%
CYCLE TO WORK
SCHEME
52%
DEATH IN SERVICE
INSURANCE
HEALTHCARE
48%
TOP 5 MOST IMPORTANT BENEFITS
PENSION
58%BONUS
54%FLEXIBLE
WORKINGHEALTHCARE
17%
OF CIVIL DESIGN ENGINEERS RECEIVE WORK BENEFITS96%
42%
FLEXIBLE WORKING
44%
38%
DEATH IN SERVICE
INSURANCE
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0%
4%
4%
4%
8%
8%
8%
20%
20%
20%
28%
32%
32%
36%
76%
Share options
More appealing work location
Better training
Less pressure
Better benefits package
Enhanced job security
Better company culture
Increased bonus
Better management
More recognition
Better work-life balance
Better variety of projects
Easier commute
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
Civil Design Engineers
WHAT ARE THE BIGGEST CHALLENGES FACING THE INDUSTRY?
“Clients not understanding requirements of local approval bodies“
“Poor project management”
“Lack of well-trained and committed junior staff”
“The uncertainty associated with Brexit”
There is a huge demand for Chartered Engineers, particularly on large road and drainage infrastructure projects. I expect the bridges industry to follow a similar path over the coming year. Major projects such as HS2 will increase competition and push salaries up even further.
I have seen many clients take on additional trainees and graduates to assist with resourcing demands, presenting attractive opportunities for those new to the industry. Whilst this job level doesn’t command the same increase in salary, I have seen a shift in expectations around training and careerprogression opportunities.
I expected flexible working to remain a top motivating factor, in particular where significant commuting is required.
Steve SladeRecruitment Consultant, Vertical Recruitment
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
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RESPONDENTS’ CONCERNS
OUR INDUSTRY OBSERVATIONS
6%
6%
6%
6%
18%
29%
41%
Competition
Land supply
Other
Planning system
Funding / investment
Brexit
Talent / skills
Civil Design Engineers
Gender
AVERAGE MALE
SALARY £48,768AVERAGE
FEMALESALARY £38,797
A gender pay gap persists to varying degrees across all the disciplines
surveyed. The average women in property earns 20.4% less than the
average man - this is higher than the national average gender pay gap
of 18.1%. The biggest gap is amongst building surveyors, and the
smallest gap is amongst building services consultants.
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SALARY BY DISCIPLINE (£)
Average industry gender pay gap: £9,971
40,502
46,51450,507 49,606
51,528 49,96146,714 45,898
31,836
40,920
31,000
38,073 36,983
43,750
33,720 32,352
Architect BuildingServices
Consultant
BuildingSurveyor
GeneralPracticeSurveyor
ProjectManager
QuantitySurveyor
StructuralEngineer
Civil DesignEngineer
Male Female
The gender pay gap exists across all jobs levels, and increases with seniority, with the smallest gap among graduates and the largest at director / partner level.
However, the rate of salary increase in the past year is higher for women among several disciplines: architects, building services consultants, building surveyors and quantity surveyors. Along with mandatory gender pay and bonus gap reporting having been brought into effect for larger companies in April 2017, this will hopefully lead to pay equality improvements in the near future.
Despite the pay gap, 72% of the women surveyed were optimistic about the industry. This is slightlylower than in men, 76% of which were optimistic. Similarly, 67% of women were satisfied to some degree at work, compared with 70% of men.
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SALARY BY LEVEL (£)
Gender
25,18729,551
34,944
45,19253,724
75,881
23,81927,700
31,571
42,89248,822
70,400
Graduate Technician Intermediate /Chartered
Senior Associate Director / Partner
Male Female
Job satisfaction
Job satisfaction has increased slightly overall in the past year; 69% of respondents satisfied to some degree in their jobs, compared with 66% in 2016.
Satisfaction is less polarised this year, with fewer people feeling strongly either way.
Surveyors of all types are the most satisfied in their jobs, and architects and structural engineers are the least satisfied.
Those that are very satisfied at work are the highest paid. Interestingly, those that are very unsatisfied at work are the next highest paid.
5%
12%
14%
49%
20%
AVERAGE SALARY BY JOB SATISFACTION LEVEL (£)
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49,56246,203
41,16043,315
51,793
VERY UNSATISFIED UNSATISFIED NEITHER SATISFIEDNOR UNSATISFIED
SATISFIED VERY SATISFIED
RECEIVE WORKBENEFITS94%
TOP 5 BENEFITS RECEIVED ACROSS ALL DISCIPLINES
PENSION
74%MOBILE PHONE
58%
BONUS
45%DEATH IN SERVICE
INSURANCE
44%
HEALTHCARE
37%
TOP 5 MOST IMPORTANT BENEFITS ACROSS ALL DISCIPLINES
PENSION
57%BONUS
63%FLEXIBLE
WORKING
40%
CAR ALLOWANCE
35%HEALTHCARE
21%
Professionals were asked to list the benefits they receive and the benefits they perceive to be the most important. Notably, the two lists do not often closely align for any discipline.
Salary, bonus and pension are the most important motivations, with the desire for a higher salary and better career progression increasing on last year.
Flexible working is often highly desired but not offered, though this year’s results show less of a concern over work-life balance. Economic uncertainty has perhaps led the workforce to be more concerned around financial remuneration.
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1%
3%
4%
7%
9%
9%
9%
11%
12%
14%
17%
19%
23%
29%
53%
79%
Other
Better training
Share options
Enhanced job security
More recognition
Less pressure
More appealing work location
Better management
Better company culture
Easier commute
Better benefits package
Better variety of projects
Increased bonus
Better work-life balance
Improved career progression
Increased salary
TOP FACTORS THAT WOULD LEAD TO A NEW JOB SEARCH
Job satisfaction
Optimism
There is a lot of optimism about the future of the industry’s economic outlook, with exactly the same levels of optimism shown at a cross-discipline level as prior to the Brexit vote.
Despite large concerns over Brexit and economic uncertainty, the workforce are seemingly overall confident that property and construction will fare well, with only 10% of respondents showing any degree of pessimism over the industry’s future.
Civil design engineers, project managers and general practice surveyors are the most optimistic.
The least optimistic are structural engineers, building services consultants and building surveyors.
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2%
8%
14%
59%
17%
Challenges
Brexit was cited as the main challenge for the industry by a third of property and construction professionals, though several respondents stated that unnecessary concern over Brexit could in fact be the biggest problem and 2% of respondents listed confidence as the key issue.
Attracting and retaining staff remains high on the list of frustrations, and concerns persist over low project fees and a harsh competitive landscape.
Other obstacles include increasingly low quality of work, difficult timescales, cashflow, the planning system and the procurement processes. Poor business leadership also emerged as a concern this year.
THE LARGER THE WORD ABOVE, THE MORE COMMONLY IT WAS USED BY RESPONDENTS
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1%1%1%1%1%2%2%2%2%2%3%3%
4%4%5%5%
6%8%
10%26%
31%
Business leadershipLow salaries
Build costsProcurement process
Project viabilityCashflow
ConfidenceDon't know
Quality of workTimescales
Planning systemPolitical uncertainty
Land supplyPublic cuts
CompetitionLow fees
OtherFunding / investmentEconomic uncertainty
Talent / skillsBrexit
Average salaries for all diciplines
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Final words...
We hope that you have found the report to be useful and insightful, and retain it as a reference tool when hiring or job-hunting.
Keeping a finger to the pulse of the industry and analysing the motivations and perceptions of staff is crucial to maintaining a healthy workforce on an industry-wide and individual business scale.
We are pleased to see that the overall picture is one of positivity and resilience, in the face of theuncertainty ahead.
If you have any questions or would like more information about this report, contact us using the details on the next pages.
Thank you to all those who took part.
James AdamsonDirectorVertical Recruitment
Paul UngerEditorPlace North West
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About Vertical Recruitment
Vertical Recruitment specialises in technical, construction and engineering recruitment.
Based in Manchester, Vertical works with consultancies and contractors of all sizes, placing candidates in:
• Architecture & surveying• Building services• Consulting engineering• Construction management• Power & process• Project management• Quantity surveying
Our approach is founded upon a genuine commitment to the success of our clients and candidates.
vertical-recruitment.co.uk@VerticalRec
Conavon Court12 Blackfriars StreetManchesterM3 5BQ
JAMES ADAMSONDIRECTORVERTICAL RECRUITMENT
james@vertical-recruitment.co.uk0161 669 4716
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About Place North West
Place North West is a business-to-business website for property, regeneration and construction professionals. We publish news, commentary, in-depth reports, job vacancies, event listings, professional insight and analysis.
Our content focuses on architecture, design, construction, development, environment, conservation, finance, economics, housing, professional and legal, and transport.
The website and daily newsletter are read by more than 65,000 people each month.
In addition to online publishing, we also hold conferences and social events, covering an array of topics and locations. We aim to provide a platform for sharing knowledge and building property relationships in the region.
placenorthwest.co.uk@PlaceNorthWest
232 Royal ExchangeManchesterM2 7DD
PAUL UNGER EDITORPLACE NORTH WEST
paul.unger@placenorthwest.co.uk07966 535 262
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