Average Director of Real Estate Salary in Jersey for 2024

In this article, we will look at the average Director of Real Estate salary for 2024 in Jersey and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the British pound. To keep things simple, we are using the GBP currency code instead of the currency symbol £.

How Much Does a Director of Real Estate Make in Jersey?

A Director of Real Estate working in Jersey will typically earn around 116,380 GBP per year, and this can range from the lowest average salary of about 54,460 GBP to the highest average salary of 187,500 GBP.

Average Annual Salary
116,380 GBP
Average Monthly Salary
9,698 GBP

Lowest Annual Salary
54,460 GBP
Lowest Monthly Salary
4,538 GBP

Highest Annual Salary
187,500 GBP
Highest Monthly Salary
15,625 GBP

These are average salaries for a Director of Real Estate in Jersey and include benefits such as housing and transport. It's also possible for a Director of Real Estate to earn more or less than the average salaries shown above.

Director of Real Estate salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Director of Real Estate Salaries in Jersey

So we've looked at the average salaries a Director of Real Estate will earn in Jersey. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Director of Real Estate can earn between 54,460 GBP and 187,500 GBP on average in Jersey. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Director of Real Estate in Jersey is 127,700 GBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 127,700 GBP, and 50% of the population earn more than 127,700 GBP.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Director of Real Estate salary in Jersey, 25% of the population are earning less than 79,500 GBP while 75% of the population earn more than 79,500 GBP.

75% of the population earn less than 167,100 GBP, and 25% of the population earn more than 167,100 GBP.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Director of Real Estate Salary by Experience Level in Jersey

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average director of real estate salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Director of Real Estate in Jersey that has less than two years of experience can expect to earn somewhere in the region of 60,880 GBP.
  • 2 - 5 Years Experience. With two to five years of experience the average Director of Real Estate salary would increase to 81,880 GBP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Director of Real Estate, the average salary would be 119,700 GBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 148,300 GBP.
  • 15 - 20 Years Experience. A Director of Real Estate with 15 to 20 years of experience can earn an average of 159,400 GBP.
  • 20+ Years Experience. For a Director of Real Estate with more than 20 years, the expected average salary increases to 172,400 GBP.

Average Salary by Experience Chart

0-2 Years
60,880 GBP
2-5 Years +34%
81,880 GBP
5-10 Years +48%
119,700 GBP
10-15 Years +22%
148,300 GBP
15-20 Years +9%
159,400 GBP
20+ Years +8%
172,400 GBP

Director of Real Estate Salary by Education Level in Jersey

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Director of Real Estate in Jersey based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Director of Real Estate in Jersey with a high school education can earn an average salary of 73,980 GBP.

  • Certificate or Diploma. A Director of Real Estate in Jersey with a certificate or diploma education can earn an average salary of 88,580 GBP.

  • Bachelor's Degree. A Director of Real Estate in Jersey with a bachelor's degree education can earn an average salary of 125,700 GBP.

  • Master's Degree. A Director of Real Estate in Jersey with a master's degree education can earn an average salary of 168,100 GBP.

Average Salary by Education Chart

High School
73,980 GBP
Certificate or Diploma +18%
88,580 GBP
Bachelor's Degree +45%
125,700 GBP
Master's Degree +31%
168,100 GBP

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Jersey is around 25,800 to 77,300 GBP and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Director of Real Estate Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Jersey, a male director of real estate will earn an average of 125,700 GBP, while a female director of real estate will earn around 106,780 GBP.

This means that a male director of real estate earns approximately 18% more than a female director of real estate for performing the same job.

Average Salary by Gender Chart in Jersey

Male
125,700 GBP
Female -18%
106,780 GBP

Director of Real Estate Average Pay Raise in Jersey

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Director of Real Estate in Jersey is around 9% every 30 months.

The national average pay raise across all professions and industries in Jersey is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Director of Real Estate in Jersey can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Jersey for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Jersey.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Director of Real Estate Bonus and Incentive Rates in Jersey

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Director of Real Estate is a low bonus based job, with 43% of employees reporting at least one bonus in the last 12 months.

57% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
43%
No Bonus
57%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Jersey earn approximately 19% more than private sector employees in the same role.

Public Sector
66,840 GBP
Private Sector -19%
56,060 GBP

Salaries for Jobs Similar to a Director of Real Estate

In the table below, we have salary information for jobs that are similar to a Director of Real Estate in Jersey.

Job Title Category Salary
Acquisition Associate Real Estate 50,520 GBP
Assistant Leasing Manager Real Estate 65,080 GBP
Assistant Property Manager Real Estate 73,040 GBP
Brokerage Real Estate 50,540 GBP
Brokerage Clerk Real Estate 26,780 GBP
Commercial Leasing Manager Real Estate 108,300 GBP
Commercial Real Estate Manager Real Estate 115,400 GBP
Community Development Manager Real Estate 103,900 GBP
Compliance Specialist Real Estate 53,660 GBP
Development Coordinator Real Estate 54,460 GBP
Lease Administrator Real Estate 68,320 GBP
Leasing Agent Real Estate 53,160 GBP
Leasing Consultant Real Estate 67,360 GBP
Leasing Manager Real Estate 70,700 GBP
Lettings Assistant Real Estate 26,280 GBP
Portfolio Analyst Real Estate 93,880 GBP
Portfolio Manager Real Estate 128,900 GBP
Property Acquisition Agent Real Estate 48,820 GBP
Property and Claims Specialist Real Estate 64,180 GBP
Property Manager Real Estate 83,140 GBP
Property Operations Manager Real Estate 107,860 GBP
Property Tax Assistant Real Estate 53,380 GBP
Real Estate Administrator Real Estate 60,600 GBP
Real Estate Agent Real Estate 54,140 GBP
Real Estate Analyst Real Estate 69,040 GBP
Real Estate Appraiser Real Estate 54,280 GBP
Real Estate Appraiser Real Estate 55,580 GBP
Real Estate Appraiser Real Estate 56,460 GBP
Real Estate Assistant Real Estate 51,340 GBP
Real Estate Association Manager Real Estate 71,400 GBP
Real Estate Broker Real Estate 51,100 GBP
Real Estate General Manager Real Estate 112,560 GBP
Real Estate Project Director Real Estate 103,820 GBP
Real Estate Project Manager Real Estate 90,620 GBP
Real Estate Sales Agent Real Estate 54,560 GBP
Real Estate Valuer Real Estate 57,360 GBP
Research Analyst Real Estate 51,400 GBP
Residential Advisor Real Estate 64,040 GBP
Residential Property Manager Real Estate 77,060 GBP
Shopping Center Manager Real Estate 117,660 GBP
Town Planner Real Estate 115,260 GBP

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Director of Real Estate Salary in Jersey for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-director-of-real-estate-salary-in-jersey/.

  • "Average Director of Real Estate Salary in Jersey for 2024". World Salaries, https://worldsalaries.com/average-director-of-real-estate-salary-in-jersey/. Accessed 28 March, 2024

  • Average Director of Real Estate Salary in Jersey for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-director-of-real-estate-salary-in-jersey/.