Hah, Indeed Architects are poor compared to other professionals. This is because the start out their career with the idea that it's one of the arts, they lurrrrve it, they do it for the love, theywant to create something amazing.....All great things however; they work lots of overtime, don't get paid and don't appear to mind that...because they love it, right!!
Problem is, after 10 to 15 years of working hard like that with little reward financially or indeed otherwise, it's too late to change....there's other little young architects coming in to do the exact same thing, work for free, work overtime etc. etc. You cannot command a good salary in architecture because of this. They do it to themselves....they under-cut to get work, they don't usually operate solely to make large profits. Although the job of an architect is very difficult, it is never rewarded financially the way it should be.....DONT BE AN ARCHITECT if you want money.....Be an oil & gas project manager or something like that!!
A bunch of average earnings I found from multiple sources:-
£500,000+ Sector Team Leader (Banking) Performance related earnings
£428,000 Barrister (QC)
£327,000 Senior Partner (Legal)
£300,000+ Stock/FX Trader (Banking) Performance related earnings
£250,000+ Investment Analyst (Banking) Performance related earnings
£236,000 Solicitor (Corporate)
£232,000 Solicitor (Intellectual Property)
£219,000 Consultant Doctor (Private)
£211,000 General Practitioner - [Private Practice] Partner [Large]£185,000 Partner (Legal)
£132,000 General Practitioner - [Private Practice] Partner [Small]
£122,000 Junior Partner (Legal)
£120,000 Senior Partner (Architecture)
£104,000 Partner (Architecture)
£94,000 Consultant Doctor (NHS)
£83,000 Barrister (CPS)
£81,000 Associate (Legal)
£66,000 Staff Doctor (NHS)
£60,000+ General Practitioner
£59,000 Associate (Architecture)
£52,000 Graduate (MD) Doctor
£48,000 Graduate Solicitor (LLB)(Corporate Sector)
£42,000 Solicitor (General / State)
£30,000 Architecture Graduate (BArch or equivalent)
£27,000 Graduate Solicitor (LLB)(Highstreet firm)
£30K for a B.Arch architect - i.e. Part I - forget about it. Best pay in London for working all hours at Fosters (9AM until midnight) is about £22K. Most London practises pay about £18-19K for Part 1s. Outside of London you're looking at £15k-19K average Part 1. Most Part IIs - you'll be lucky to get £25k.
obviously the big proviso to all that is if you can actually find a job in the first place
The real problem is that we have too many zombie businesses in the world still propped up by virtually free capital. if some of the non-viable businesses were allowed to go under, rents would come down, property prices would come down, etc, so there would be the opportunity for a bit of creative rebirth and new practises could emerge, perhaps doing development as well as design. instead young architects get exhausted working all hours for established players in order just to cover their massive costs of living. Its a scam alright - working longer and longer for a lower quality of living.
i think 100k by mid 30s as an architect is bonkers. bear in mind the majority of architects won't have part 3 until they are 30, and then will be working for someone for a few years beyond that - so on £45k max until 35. the step to go alone is a massive one and it will take a long time to build up a client base in order to get that sort of income to take £100k in salary.
that's my thoughts, anyway.
To earn big money in architecture you either need to be a big person at a big firm that charges big fee's and employs students+low paid minions.
Be in a medium to high position at a commercial firm that employs students+low paid minions and that builds big pile's of ***** because they are more concerned about their fee's than producing good architecture.* They tend to tell you that their work/life balance is good but what they mean is yes our clients actually know best and we've sold out. Do you want to see my 6 series?
Your choice although I'd say it's easier to earn money throwing up big piles of ***** that it is to produce good architecture.
*Only applies to 1999-2007 because now everyone's unemployed.
does the pay depend on where you graduate?
I find all this interesting of course money doesn't really matter in the end as long as you are happy with your job and find it still fresh.
I can't really speculate having only done three years in architectural technology and I still have to start my Architecture course in September.
One of the reasons I am pursuing this career to the end, apart from being fascinated with architecture, is that I want to roll out of bed in the morning not feeling depressed about work, but to be happy that I have a good job that I enjoy which is stimulating, ever changing and challenging.
Money of course will not make you happy however it is needed and the pay check should reflect the amount of work you have put in to you studies to get there.
This dosen't seem to be the case unfortunately. People motivated by money and massive bonuses should really consider Law, Banking, Stock Market etc... not Architecture.
Can I ask some of the people who have been awarded Part 1, what experience did you go on to do?
Did you stay for just the minimum one year or longer? Whats was the pay like? Was it enough for basic living?
Do practices welcome students generally or is it difficult finding this placement?
I am curious because the next step for me is after the Part 1 and even tho its 3 years minimum down the road I feel myself getting anxious.
I don't really mind a non high paying job as long as I enjoy what I do.
What I'm most scared of is just losing interest in architecture as you go along, and then you realise the low-pay issue then I'll feel like a hundred percent ******