Far too many corporate employees are missing out on a proper work-life balance that self-employed agents are able to enjoy, according to hybrid estate agency, David Lee.
A survey of 42,161 corporate employees carried out by David Lee via consumer research platform Find Out Now revealed that 60% of employees that work in a corporate environment feel undervalued. The majority believe that their hours are too long and that the financial rewards are inadequate for those hours invested.
More than one third of respondents – 36% – say that they have missed out on a son or daughter’s sports day or parents’ evening because of work commitments in the corporate world that they could not remove themselves from.
The poll also revealed that 92% of those surveyed would move to a role if it offered both working flexibility of work/life balance and good earnings.
Lee O’Brien, director at David Lee, commented: “The corporate grindstone seems to be taking its toll with the majority of corporate office workers feeling underpaid and undervalued and 36% lamenting having missed out on supporting aspects of their child’s school activities’.
“This is a rather sad indictment of ‘the office’ and based upon our survey this outdated institution must surely be numbered in its days especially given that appetites for working from home have been thoroughly whetted over the past two years and with hundreds of thousands of capable and productive individuals not wanting to return to the pre-pandemic monotony of being chained to a pointless desk in a corporate goldish bowl.”
“ When it comes to their basic salary, UK estate agents earn an average of just £24,817 per year. This places them 16th in the list, far behind Australia but also behind the U.S, Netherlands, Canada, Germany, Hong Kong, New Zealand, Israel, the UAE, Japan, France, Singapore, Italy, Spain and Suadi Arabia.
When looking at the level of both basic and additional income combined, UK agents once again fall down the rankings, to 15th”.
From Property Industry Eye just 6 days ago. Truth is that life outside of employed estate agency could be looking very attractive right now, probably more so than at any other time in our recent history?
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42,161 corporate employees? where has that number come from? Corporate agency is about 20% of an industry that employess about 55,000/60,000 people. Connells/Countrywide have the lion’s share of corporate staff but I am fairly certain they have not got anywhere like 42,000 staff. What’s more I get the impression David, David and co look after their staff exceptionally well.
When the slowdown in transactions and listings takes proper hold it will be interesting to see how listing dependent hybrids view their lot compared to those who are taking home a salary
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“A survey of 42,161 corporate employees…” it says
“…working in hundreds of completely unrelated industries” it should no doubt continue.
SO – the results have pretty much bot-all to do with Estate Agency.
Anyone else think this particular slice of PR puffery has a familiar, unsavoury, taste to it?
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