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Property professionals' attitudes

On 14th March 2012 RICS and Macdonald & Company have published survey considering professionals' approach to their remuneration and economic situation.

1, 203 professionals participated in the survey „European Property Market Remuneration Survey 2012”. 33 pct of them, three times more than a year before, is convinced that economic activity will decrease in a near future. 44 pct of respondents do not expect any change.  

Employees appreciate the values of job as satisfaction, interesting work, career development and job security more than pay rises and other bonuses. Hovever most of them is satisfied with their jobs.  

Salaries pay cuts amounted 8 pct and salary increase amounted 31 pct in 2011. Average salary increase was 8.4 pct comparing to 11.1 pct the year befere.

Peter Moore MRICS, Managing Director at Macdonald & Company Property Limited says: Real estate property professionals working in Europe and the UK have the highest levels of job satisfaction worldwide. 82% of professionals rate themselves as either fairly or very satisfied with their current job. These results are a testament to the high levels of employee engagement achieved by European real estate employers.

Liliane Van Cauwenbergh, Managing Director of RICS EMEA, adds: In contrast to last year’s survey, confidence in economic recovery in the next 12 months is quite low in Europe. However, most professionals feel satisfied with their current job and the way they are rewarded, in particular if they have an RICS qualification.

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