deverellsmith release UK Build to Rent Salary Guide 2024

deverellsmith release their UK Build to Rent Salary Guide 2024 in partnership with SAY and BTR News.

deverellsmith's UK Build to Rent Salary Guide 2024 in partnership with SAY and BTR News

London based recruitment talent solutions partner for the property industry – deverellsmith – release their UK Build to Rent Salary Guide 2024 in partnership with SAY and BTR News.

By Nick Hammond, Head of Build to Rent at deverellsmith

The UK Build to Rent sector has not only sustained but accelerated its growth trajectory, facing challenges and opportunities that have come to define its dynamic landscape. As we navigate the intricate web of factors shaping the industry, it’s evident that 2024 presents a unique set of circumstances, notably marked by the enduring impact of inflation, the surge in interest rates, and the global events that continue to shape the world around us.

Inflationary pressures and rising interest rates are forces that reverberate through economies and industries alike. The UK, too, finds itself grappling with these challenges, and the Build to Rent sector is not immune. As costs escalate and financial dynamics evolve, employers are confronted with the arduous task of adapting their strategies to attract and retain top-tier talent in an increasingly competitive labour market.

The demand for skilled professionals in the Build to Rent sector is higher than ever, mirroring the sector’s sustained growth. Employers are compelled to explore innovative approaches to talent acquisition and retention, navigating the exciting yet complex terrain that comes with managing a rapidly expanding industry. The significance of a well-rounded attraction and retention strategy cannot be overstated, and our guide is tailored to assist employers in meeting this challenge head-on.

This edition of the Build to Rent Salary Guide serves as a comprehensive resource, providing accurate benchmarks for roles spanning the entire spectrum of the Build to Rent life cycle, including investment, development and operational management. In a landscape where candidates rightfully consider factors beyond basic salary, our report aims to equip employers with the visibility needed to address candidates’ expectations across all components of compensation.

We hope this guide serves as a valuable resource in navigating the exciting and challenging landscape of the sector.