AUS RE Industry Compensation Report 2013

The latest "Avdiev Property Industry Remuneration Report" shows that the median salary increase in the real estate and construction sector for the 12 months to 30 September 2013 was 3%, or little more than the rate of inflation. The best performing segment was that of property fund managers with a rise of 4%, while architects and consulting project managers gained no pay increases during the period. Listed groups in the industry are requesting data on the trends and are set to rein in any wages growth demands.