Salaries up with chartered surveyors back in demand
Published 18/07/2016 | 02:30
Average pay for chartered surveyors has soared, thanks to the pick-up in the property sector and low numbers of qualified staff.
The average national salary for a chartered surveyor is now €71,000, according to a pay survey by the Society of Chartered Surveyors Ireland.
Average salary for a property surveyor with up to five years' experience post-qualification is €34,700 for those working in estate agency and property management, excluding bonuses and benefits. Pay is typically higher in Dublin, however.
Two out of three chartered surveyors are confident of a pay increase in next 12 months, the survey found, and more than half of the 900 surveyed secured a rise last year.
"The fact so many chartered surveyors have received or are confident they will receive a pay rise highlights the positive mood which is returning to the property and construction sector as activity levels increase," said SCSI president Claire Solon, who is also head of property at Friends First.
She urged students and those looking for a new challenge to consider a career as a chartered surveyor.
Women are under-represented in the profession, she said, at just 25pc of the total. And low uptake of courses in the period after the crash now means there is a lack of suitable graduates entering the property and construction sectors - pushing up pay in firms.
Research carried out by the society earlier in the year forecast that more than 2,000 new job opportunities will be created in the sector in the next four years.
Based on current enrolment numbers, the country is only producing enough graduates to fill half those roles.
Dublin surveyors are the highest paid in the country, earning close to €78,000 on average. Those in Munster and the rest of Leinster earn €62,000 on average, dropping in Ulster and Connacht to €53,000.
Despite skills shortages, mobility in the sector is low and just 20pc of surveyors say they intend to change employer in the next year.