FMs with RICs membership earn more

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moneyA salary survey from The Royal Institution of Chartered Surveyors (RICS), has indicated that Facilities management (FM) professionals who gain membership to RICS earn on average 30% more (£14,000 p/a) than their equivalents.

The study found that the average salary for a RICS qualified FM professional in the UK was £63,927 in 2012, whereas those who are not a member of the institution averaged £49,529, which represents a pay gap of over 29%.

RICS says that 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.

It adds that in order to support the sector in this, it expects to launch its comprehensive suite of globally applicable FM guidance later in the summer, following feedback from members and the industry.

Commenting in the wake of the findings, Johnny Dunford, RICS Global Commercial Property Director, said:

“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.”

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