Average salary rises to £89,129 while Richard Rogers’ pay packet leaps to £1.2m
Rogers Stirk Harbour + Partner’s highest-paid director enjoyed a 58% jump in pay to £1.2m last year, according to the architecture practice’s latest accounts.
It is thought the practice’s co-founder and Labour peer Lord Rogers received the increased pay package, which includes earnings from profit sharing.
Staff across the whole firm appear to be benefitting financially from the the global architecture practice’s rapid expansion.
The average RSHP employee took home a salary of £89,129 last year - up 11.5% from £79,967 in 2010.
The practice posted bumper results for the year ended 30 June 2011, with turnover and profit both significantly up on the previous year.
A boost in international work - particularly in the Far East and Australia - helped RSHP’s turnover jump by over a half to £25.8m, up from £16.9m in 2010.
Pre-tax profit also grew by 22% to just over £1m, up from £847,000 in 2010, according to its latest accounts filed at Companies House.
Turnover in the UK remained steady at £7.6m, while fees from Australia more than doubled from £2.9m to £6.8m.
Turnover in the rest of Europe grew three-fold to £4.2m, boosted by work at Las Arenas in Barcelona and Geneva Airport.
In an interview with Building last month, Rogers said that the practice was considering a move into the Middle East for the first time.
As of June last year, RSH employed 148 people, of which 91 were architects.
A RSHP spokesperson said: “All the salaries are fixed in proportion and then once the profit has been calculated it is distributed to all staff based on a points system as laid out by our constitution.”
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