Salaries soar for chartered professionals

CHARTERED property professionals in the North West have seen their salary increase for the third year running.

They earn, on average, £49,046 per year (up from £45,514 last year and £43,779 in 2013). This amounts to £8,993 more than their unqualified counterparts, according to new research from the Royal Institute of Chartered Surveyors (RICS) and Macdonald & Company, which has offices in Manchester and London.
 
With the average annual earnings in the UK coming in at £27,200 last year, those operating in the property sector are paid significantly more for the service they provide.
 
On a national level, the average salary for a chartered property professional registered at £54,771, a premium of more than £8,993 on their non-qualified counterparts.
 
There are many ways to become a chartered property professional with RICS. Many enter the profession via a university degree and some who already work in the industry can also apply for membership.
 
Chair of the RICS North West regional board, Jane Lathwood of GVA said: “Given the economic climate we’ve been operating under for such a long time, it’s extremely positive to see that those who get ahead in property by becoming chartered and putting their advanced expertise into practice are well rewarded.

“Clearly, employers are increasingly recognising the importance of well qualified professionals operating to standards in the marketplace and are rewarding their workforce accordingly.”

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