Every employer and employee is aware of the seismic shifts that have occured in the workplace as a result of the Covid pandemic.
It’s no exaggeration to say that ‘things will never be the same again’ as so many businesses move to home or hybrid working models and staff come to expect a high degree of flexibility in their working hours. Finding and keeping good people is only going to get harder.
For the property industry the effects of change are pronounced and to see just how pronounced it is worthwhile looking at the 2022/2023 Rayner Personnel Salary Landscape Annual Report for the property sector.
The commendably detailed 40-page report is packed with useful information, not least average salary tables for estate agency, lettings, financial services, land and new homes, and proptech, detailed by job titles, seniority, and geographic locations.
It gives a comprehensive overview of the industry’s workforce landscape, shining a light on trends, opportunities, and challenges faced by professionals in this industry.
Josh Rayner commented:
“The property sector faces the inevitable consequences of a tight labour market and we can see the effect of this in our report particularly where salary increases, job churn and the sheer volume of vacancies are concerned.
“With increased competition for talent, employers are recognising the need to offer ever more attractive salary packages to retain skilled employees and to attract new people. Of course, a job role is not just about the money as employers now are under increased pressure to provide employee benefits and a truly stand-out work culture too”