#Average starting salary architect full#
#Average starting salary architect professional#

That said, if you are in a highly impressive role but are underwhelmed by the salary, Jhajharia recommends focussing on the skills you’ve gained to transition to your preferred alternative career.

This, says Shweta Jhajharia, business coach and founder of The London Coaching Group, is not limited to the younger generation: “Salary after a certain level is more a hygiene factor than a motivator… autonomy and purpose count for a lot more than purely the salary.”Īccording to IPSE, the UK association for freelancers, this trend is seeing more people turn to self-employment: of those who become freelance, the majority do so because they like being their own boss (79%) and because it provides a better work/life balance (69%).

#Average starting salary architect professional#

So if there aren't riches at the end of professional rainbow, why bother? Well, it turns out an increasing number of us are choosing our jobs based on personal rather than financial rewards.Īccording to one US study, 64% of millennials would rather make $40,000 a year in a job they love than $100,000 a year in a boring one. “But you know what? People have different tracks in life.

Since I’ve been in the UK, the Chinese economy has more than quadrupled, people have become significantly richer.” She adds that quite a few of her former colleagues are now in senior roles, making six-figure salaries. “My former colleagues in Shanghai still ask me what I’m doing in academia! Even my own mum.

“We don’t just teach, we also do research.” She enjoys job security, excellent benefits but the “the intellectual stimulation” is the main attraction. The downsides include a lot of pressure and long hours during term time. “I am content, I feel very grateful for this very comfortable salary, but it is nowhere near what people assume business school professors make.” Her starting salary was £32,000 ($41,357) in 2010 but with overtime and teaching overseas, she earns around £50,000 ($64,621) per year. She moved to the UK from China, did a PhD and worked briefly for a consultancy but now lectures in Asian business studies and teaches MBAs around the world. It's a cut throat environment and the turnover rate is extremely high.” “I’d had enough of the fantasy – there are people who make a lot of money here in the financial and property sectors, however in my experience they're few and far between. “Unfortunately, I joined another sinking ship.” He eventually returned to London, after another job change, but was lured back to Dubai when the property market picked up in late 2013. His next move was to a property developer but it was the start of the financial meltdown “and by May 2009 the company went under and I was out of a job.” While some earn a lot of money, people can also rack up hundreds of thousands in debt, he says.

#Average starting salary architect full#

“There was no salary (just commission) and the only support I had was AED 3000 ($816) per month for living expenses, which didn't actually cover the full costs.”Īnd, Dubai is an extremely expensive place to live.

When he arrived, however, he found a ‘boiler room’ type environment, “full of egotistical maniacs who'd seemingly come to Dubai to run away from issues in the UK,” Prescott says. “I'd graduated from university and saw an advert online to earn £50,000+ from uncapped commission in the financial sector in Dubai, tax free! The company literally sold me the dream,” he says. Ed Prescott moved to the Emirate from London in 2008 at just 22 years old, expecting to make his fortune.