Architects salaries and fee income is on the up, according to figures produced by the RIBA
The institute’s 2015 benchmarking survey has found that the average salary increased by almost £5,000 from 2014 to 2015, while fee revenues rose by a third from £1.8 billion to £2.4 billion.
The salaries of partners, directors and sole-practitioners have seen the biggest rise with their earnings increasing from £50,000 to £65,675 between 2014 and 2015.
According to the data an associate architect can expect to earn around £56,100 and a Part 1 architectural assistant £21,100.
But HTA managing partner Ben Derbyshire said that increased workloads were not leading to increases in fees.
‘We would have hoped that the workload figures might have resulted in our ability to increase fees significantly but that has proved frustratingly difficult. Meanwhile salaries in our sector have increased and we benchmark the data carefully so I feel confident in saying that would be true for other firms too’, he said.
Dave Madden, director of architectural recruitment firm Mustard, added: ‘We have seen nothing but a steady rise for the past three years. It is supply and demand – practices are taking on more work with fewer people in the market looking for jobs.’
Architects with strong technical experience can virtually dictate what hourly rate they want
While Bespoke Careers founder Lindsay Urquhart added: ‘The area we are seeing big increases in remuneration is for architects with strong technical experience - there is a deficit of this type of person so they can virtually dictate what hourly rate they want from contract to contract.’
Meanwhile figures published by the Office for National Statistics for October 2015 shows that the number of unemployed architects has fallen again.
In December just 75 architects claimed jobseeker’s allowance - a record low. Joblessness in the architectural sector peaked in August 2009, when 2,055 architects were registered unemployed and claiming benefits in the wake of the global financial crisis.
2016.01.20 RIBA Architects Earnings