RIBA agreement to give year-out students a major boost in income
The RIBA and its student off-shoot Archaos have agreed a new increased 'minimum wage' for students taken on by practices in their year out.
If practices choose to adopt the new recommendation - described by the RIBA as an 'Indicative Rate of Pay' - students outside London will see minimum pay packets jump by 22 per cent from £5.60 an hour to £6.80.
And year-out students in the capital will receive a bigger boost. Their wages will jump by 45 per cent to £8.17 an hour. These new agreements are equivalent to £12,200 outside London and £14,700 inside.
Alex MacLaren of Archaos said she was delighted to have won the recommended increases. 'It's about time these values were updated because the current level agreed in 2000 is now far too low.
'The old recommendation would work out at about £10,000 per year, which is half the average graduate salary reported by the Association of Graduate Recruiters in 2002. Fortunately, the RIBA has been very receptive and was enthusiastic when we presented the new figures, ' she added.
The new figures - which remain unofficial before being confirmed 'in the next couple of weeks' - were agreed between Archaos and a RIBA liaison committee on Monday.
Archaos presented a new report, developed by its officers in the summer, which called for the wages changes. The student representatives described it as a 'helpful meeting in which both parties shared ideas about how best to improve the student services offered by both organisations'.
The new recommended wages will go before the RIBA Education Committee at its next meeting in November.