Are architectural salaries detached from rate of inflation?

26 April 2022

With the cost of living crisis and inflation currently running at 6.2%, we are getting asked a lot about what impact this is likely to have on architectural salaries. Sadly it often feels these are very detached from the official inflation figures. When looking at a report I produced back in 2005, recently qualified architects in London were being paid around £28,000. If this salary kept up with inflation, recent Part 3s in 2021 would have been on £44,486.47. Our last survey, however, showed this figure was more likely to be around £35,941. (https://bit.ly/3cLEQRT)

Why are architectural salaries so detached from inflation or with the current skills shortages, will 2022 be the year that substantial gains start to occur?

Comments

Currently there are no comments. Be the first to post one!

Post Comment

*
*
*
Cookies on this website
We like to ensure that we give you the best experience on our website. If you wish, you can restrict or block cookies by changing your browser setting. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website.