Facilities management (FM) professionals who gain membership to RICS earn on average 30% more (£14,000 p/a) than their counterparts, according to the latest salary survey from RICS.
Last year, the average salary for an RICS qualified FM professional in the UK was £63,927. This compares to just £49,529 for those who are not a member of the institution and represents a pay gap of over 29%.
As strategic FM continues to gain recognition amongst business leaders for its role in managing down property related costs, it seems that employers are increasingly recognising the impact of comprehensively regulated standards and guidance.
In order to support the sector in this, RICS expects to launch its comprehensive suite of globally applicable FM guidance later in the summer, following feedback from members and the industry.
"It is encouraging to see that those who adhere to RICS standards in the FM sector are being recognised for the additional expertise and strategic input they can offer. Clearly, employers are increasingly recognising the importance of standards in the marketplace and within their own operations and are rewarding their workforce accordingly," said Johnny Dunford, RICS Global Commercial Property Director.
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