The annual Avdiev Property Industry Remuneration Report has revealed a shortage of property staff with the right skills and attitudes is boosting pay packets, with property development analysts’ pay increasing by 4.7% over the year to February to a national average of $112,000.
Assistant project managers working for design and building consultancies also had a 4.7% increase to $77,000.
The rises are sitting well above national wage growth figures of 1.8% and inflation of 1.9%.
The report also found some employers had introduced quarterly salary reviews in an effort to keep staff happy and prevent them from being poached.
Our research shows pay rates for retirement village managers are still lagging behind however. In research for our LEADERS SUMMIT, our marketing manager Allison found average salaries varied from just $50K to $105K – a relatively low figure for a demanding role in our opinion.