New salary survey by Society of Chartered Surveyors Ireland shows;
Median national salary for a Chartered Surveyor is €70K
Median salaries for women increased by 11% narrowing the pay gap between men and women to 5%
Over half of surveyors received a pay increase this year and 2 out of 3 are confident they will get one next year
Median salaries in Dublin are €75K while outside of Dublin its 23% less at €58K
Almost 1,100 Chartered Surveyors from around the country participated in the survey which also found that median salaries for female surveyors increased by 11% over the past year. Salaries for male surveyors remained largely unchanged. As a result the pay gap between male and female surveyors has reduced to 5%, down from 11% last year.
When looked at by sector, the construction sector came out on top with a median national salary of €71,500, the property sector is next on €66,500 while the median salary in the land sector is €60,000.
According to the survey two out of three chartered surveyors are confident of receiving a pay increase in the next 12 months while over half,
(54%) said they received a pay rise in the past 12 months. The median pay increase was 7%.
The President of the SCSI, Colin Bray, said he was delighted to see that 85% of surveyors would recommend their profession to school-leavers and that 89% of surveyors are satisfied in their job.
“A career in surveying is hugely rewarding, not only for its financial rewards but also in terms of the diverse nature of the work and the variety of opportunities available. It is heartening to see that the overwhelming majority of respondents would recommend surveying as a profession to young people while the fact that over half of respondents believe their companies are likely to increase headcount in the next 12 months shows the recovery is continuing” he said.
The SCSI has previously warned that the shortfall of qualified graduates coming into the profession could severely threaten the country’s ability to address the current housing supply crisis, the delivery and management of the country’s building stock and its infrastructural deficit.
“It’s imperative that we have the qualified personnel to meet the needs of the Irish economy and we need to encourage more people, particularly women, to choose property and construction courses.”
“With regard to our growing female membership, it’s encouraging to see a significant narrowing of the pay gap between men and women in our survey and we hope that gap will soon be eradicated. While the salary gap between Dublin and the regions is a concern, there are signs that it’s narrowing somewhat but this is something we will continue to monitor.”
The full report is available here.