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Saturday, 11 October 2008 | 16:51 UAE time

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8.7% rise in FM salaries

by ArabianBusiness.com staff writer  on Monday, 05 November 2007

The first RICS (Royal Institute of Chartered Surveyors) and Macdonald & Company Middle East Salary Survey, concluded that participants in the FM field have had an average 8.7% salary rise since their last pay review.

The survey was conducted over a variety of property disciplines and found that the average monthly salary for the FM industry is currently US $8,548 (AED 31,377), based on 34 FM related professionals responding to the survey.

Out of 10 job profession categories, the FM industry ranked fifth when it comes to bonuses. On average, over the last 12 months FMs received a US $10,094 (AED 37,050) bonus.

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This compares to CEOs who had the highest bonus, standing at US $72,012 (AED 264,315) and the architecture/design industry that has the lowest figure, US $2,757 (AED10, 120).

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