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Wednesday30 July 2014

Architects' fee levels tipped for recovery

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Construction growth could spark rise in fees

Architects’ fees are expected to increase in the coming year despite having fallen slightly in the last 12 months, according to research by the Fees Bureau.

The organisation has published its latest annual fees survey which shows a slight reduction in fee levels since 2012. However, overall fees are still higher than in 2010 and 2011, while sectors including offices and education have seen an increase.

Vince Nacey, director at the Fees Bureau, said increased construction activity in the last six months could lead to an increase in fee levels in the coming months.

“I think it’s a positive story,” he said. “In terms of construction activity, all our research is pointing in the right direction. Fees have been under pressure for quite a while. I’m hopeful that pressure will start to lift over the next 12 months. We’re seeing architects get more confident and think about increasing their fees.

“The first half of the year was pretty grim and the second half has been better. We’re still not out of the woods yet but lots of our research is pointing in the right direction.”

The report’s optimistic outlook chimes with the most recent RIBA Future Trends survey which showed the first annual increase in architects’ workloads in four years. Practices reported an 11% increased in work in progress in the 12 months to October this year,

The report also found that architects’ average hourly rates have increased in certain staffing categories including sole principals and senior architects with more than five years’ experience. Rates for junior architects remained the same.

 

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Readers' comments (7)

  • Everyone's a bloody junior. 20 juniors and 2 seniors who get good wage rest of the juniors get worse than Tesco shop assistants. Doesn't matter what happens will students looking to do free work and long hours the bosses will keep making big bucks! No change there. Nothing will change for Architecture. Simple. Accept it.

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  • The quids look good.

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  • Munter Roe

    @Hard Drafter,
    Of a massing type and scale most architects will never realise.

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  • "average hourly rates have increased in certain staffing categories including sole principals and senior architects with more than five years’ experience"

    So being nearly 19 years post-grad I can expect a pay rise to take me back to what I was earning 12 years ago?

    Oh Joy....

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  • Quit whining, Lionel Hutz. If you're earning less that you were 12 years ago then either you've made some shocking, irresponsible career decisions, or you simply aren't very good at your job.

    Most architects are raking it in. Even starting salaries fresh out of colleg are way about the national average income.

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  • Hmm, interesting reference, except where Lionel hutz (of Simpsons fame) was unethical and incompetent, I'm not.

    Anything but actually.

    Likely rather more so than yourself, for all I'm not leaking money out of every pore.

    What about you Gil?

    You seem to be in permanent four Yorkshireman mode all the time, there is always someone who is worse off that we should all be ashamed not to be in the gutter with them.

    Is it the brand of meds you're so obviously on?

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  • Hmm, perhaps your namesake of 'Gil Gunderson' is actually appropriate; I'm not enough of a Simpson's fan for it to have registered previously, but seems pretty close.

    Highly intelligent but also highly unethical, a replacement in the series for the both incompetent and unethical Lionel Hutz.

    Yep, that seems about right, you're a comic bit-part character we can both laugh at and despise at the same time.

    Do you live in a balloon though, or simply a fantasy world as seems more appropriate given your generally snarky attitude?

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