RICS Launches Annual Salary & Benefits Survey

RICS Launches Annual Salary & Benefits Survey

October 08, 2007

Offers Insights and Remuneration Trends Regarding the
Surveying Profession


    HONG KONG, Oct. 8 /Xinhua-PRNewswire/ -- In
collaboration with Macdonald & Company, RICS announces
the annual Salary and Benefits Survey for property
professionals is officially launched in the region today. 
This influential survey has been conducted for eight
consecutive years in UK and is extended to the Asia Pacific
region for its second year.  This comprehensive survey is
aimed to provide an overview on the salaries, benefits and
employment growth trends across the region in the property
industry. 

    Questionnaires are being sent to participants of the
survey today, the feedback of the survey will be undertaken
by an independent research company, who, through exhaustive
comparison and analysis procedures will summarize current
data and also predict future trends.  Deadline of the
survey submission is 15 October, 2007.  Results of the
survey will be announced to the public in November 2007. 

    Survey results of 2006 showed that average salaries in
China's property industry grew by 13.8% while those in Hong
Kong, United Kingdom and Middle East only grew by 6.3%,
5.2%, and 7.9% respectively.  Based on this growth rate,
average salaries in China may override those in Hong Kong
by 2007.

    Ms Cindy Kwong, Head of Marketing and Development,
RICS, says " Last year, we have successfully received
a very positive feedback from a pool of 769 industry
players providing fruitful insights into market conditions,
salary trends and expectations across the sector in the Asia
region.  This includes property professionals from China,
Hong Kong, Malaysia, Singapore and other Southeast Asian
countries.  This year, we will include more countries to
take part in this survey such as Australia, India and Japan
in order to draw a more representative picture of the salary
and career trend for the profession in the region."

    Mr. William Glover, International Director, Macdonald
and Company, says "The Macdonald & Company/RICS
salary surveys which are now conducted around the world,
help to bring greater transparency and understanding of the
changing employment conditions in the dynamic property
industry.  Our clients and the RICS members within the
region benefit from being able to use the data to help plan
their human resource strategies and ensure that their staff
are accurately compensated in a what is currently a
competitive market for professional property talent."

    If you are working in the property industry, you can
complete the survey through this link: 

    English Survey:
http://www.framework.web.com/surveys/040062/ 

    Chinese Survey:
http://212.49.216.49/surveys/dba/asiapacific/ 

    For more details about this survey, please contact
RICS:  
    Telephone:  [phone]    Fax:  [phone]
    Address:  Suite 2104, Central Plaza, 18 Harbour Road,
Wanchai, Hong Kong

    And MacDonald & Co.:
    Telephone:  [phone]    Fax:  [phone]
    Address:  20/F Central Tower, 28 Queens Road Central,
Central, Hong Kong

    About RICS

    RICS (Royal Institution of Chartered Surveyors) is the
mark of property professionalism worldwide.  It covers all
aspects of property, construction and associated
environmental issues.  RICS has 140,000 members globally
and represents, regulates and promotes the work of property
professionals throughout 122 countries.

    The RICS Asia Pacific supports a network of over 9,000
individual professionals across the Asia Pacific region in
Brunei, Malaysia, Singapore, Sri-Lanka, Thailand, The
People's Republic of China, the SAR Hong Kong, India,
Indonesia, Japan, South Korea, The Maldives, Pakistan, The
Philippines, Taiwan and Vietnam.  For more details, please
visit our website:  http://www.rics.org/asiapacific .

    About MacDonald and Company

    Macdonald & Company is the leading professional
recruitment consultancy to the property industry. 
Macdonald & Company deals exclusively in the
recruitment of property professionals across the UK and
worldwide.  They act for a diverse range of clients.  These
include banks, consultancies, property companies, funds,
institutions, developers -- indeed, any organisation that
occupies, owns, invests in or advises on property.  For
more details, please visit our website: 
http://www.macdonaldandcompany.hk .


    For more information, please contact:

    RICS Asia Pacific Public Relations Representative
     Ms Belinda Chan / Ms Katherine Chow
     Tel:    [phone]	
     Fax:    [phone]	
     Mobile: [phone]
     Email:  [e-mail] / [e-mail]