Back in July, Great Britain voted to leave the European Union, starting a nationwide debate on the impact this will have on employment, the economy and on general life in the UK.
One of the main sectors thought to be affected by Brexit was the recruitment industry, however, in the three months since Brexit, the majority of property professionals have found that life has returned to normal.
In fact, the most recent RICS UK Construction Market Survey stated that following the initial shock of the vote to leave the EU, contributors expectations for growth over the year to come have improved relative to the end of June and a net balance of 49% of respondents now forecast a rise in their workloads over the year to come.
While skills shortages have eased slightly in recent quarters as activity has moderated, they remain high by historical standards with 51% of contributors reporting them as a constraint on growth. Quantity surveyors remain in particularly short supply with 62% of contributors reporting problems sourcing labour in this area.
Headline figures from RICS Recruit, the official jobs board for the Royal Institution of Chartered Surveyors show that in Q3 2016 there was a 7% increas6e in the number of live jobs currently available (4,267), the number of active job seekers increased by 34% (104,494), and the total number of applications increased by 39% (12,012).
However, even amongst these positive signs, the number of jobs available per user on the site dropped by 20% to 0.04 in Q3. This echoes the sentiment of many in the property industry that there has been a fall in companies taking on new members of staff since Brexit.
Unsurprisingly, Building and Quantity Surveying dominated the top 10 specialisms in Q3 that candidates are seeking a new position in with an 11.23% and 9.8% share of the market, respectively.
Behind the Surveying roles were positions within Project Management (8.15%), Construction (7.365), and Estates Management (7.26%).
The same type of pattern was followed in terms of the actual number of jobs currently available in the market place.
Quantity Surveying (14.6%), and Building Surveying (14.34%) commanded the two largest percentage shares, followed by Commercial Property (11.24%), Project Management (10.42%) and Construction (9.49%).
The United Kingdom dominates the surveying sector in terms of the location candidates are seeking work, with over half of the market (54.78%) currently searching for a new role in the region.
Europe is a distant second to the UK, with 25.65% of candidates looking for work in this area, followed by Asia (9.68%) and Oceania (3.94%).
If the figures are broken down even further, the statistics shows that the majority of candidates are seeking work predominantly in England (80.33%), followed by Scotland (13.33%), Wales (5.2%) and Northern Ireland (1.14%).
When looking at the English regions, in Q3 over one quarter (28.15%) of jobseekers were searching for a role within South East England, followed by London (24.57%), North West England (11.34%), and South West England (9.49%).
In terms of live jobs currently available, the split was almost even between the United Kingdom (48.95%) and Europe (49.32%). England once again dominated the share of UK jobs currently available with a 94.86% share, followed by Wales (2.50%) and Scotland (2.25%).
In England, the location of jobs currently available followed the same pattern in Q3 as the location that candidates are seeking a new role. The South East of England led the way with 46.59% of jobs located here, followed by London (15.49%).
Salary is now a truly instrumental factor for the property sector in terms of who employs who, and can be extremely influential in a candidate deciding with whom they want their next job to be.
The average salary for a UK property professional has increased to £54,839, which is the highest average salary level for 9 years, according to the annual RICS and Macdonald & Company UK Rewards & Attitudes Survey. Currently, MRICS earn an average £12,000 more per year than their non-qualified counterparts, with the difference more than doubling for FRICS.
In Q3, 16.97% of candidates were searching for a position that offered a salary within the £30,000 - £39,999 band, while an additional 14.27% were hoping to find a job that offered a salary of £70,000 - £99,999.
The majority of remaining candidates were looking for a job within the £40,000-£49,999 (13.78%), £100,000 or more (13.767%), £50,000-£59,999 (13.5%) and £60,000-£69,999 (11.84%) pay brackets.
In contrast, the share of live salary band jobs currently available paints a very different picture to the roles that candidates are actively looking for. Salary bands available actually appear higher than those that candidates are hoping to achieve.
22.5% of jobs available to candidates currently fall within the £50,000-£59,999 pay bracket, much higher than the £30,000 - £39,999 salary band the majority of candidates are looking for.