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Latest News from the UK and International Construction industry

Latest News from the UK and International Construction industry
building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.

Richard Steer , ரிச்சர்ட் ஸ்டியர் ,

Sean Tompkins will not receive full £260,000 bonus, RICS confirms

Sean Tompkins will not receive full £260,000 bonus, RICS confirms
building.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from building.co.uk Daily Mail and Mail on Sunday newspapers.

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All our coverage of CBRE's takeover of T&T in one place | News

2021-07-29T05:58:00+01:00
Here you’ll find all the news, views and analysis of the biggest merger to hit the QS sector in years ....

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Decision to hand RICS boss six-figure bonus draws industry ire

By Jordan Marshall2021-05-11T05:00:00+01:00
Sean Tompkins in line to pick up more than £260,000 under group incentive plan
High-profile RICS members have again hit out at the organisation, criticising its decision to award its chief executive a six-figure bonus.
Sean Tompkins was given a £70,000-plus bonus in January despite the organisation claiming government furlough cash and making redundancies last year.
The scale of the bonus paid to Sean Tompkins could eventually top £260,000, the RICS’ latest report and accounts reveal
The group’s recently published remuneration report for the year to July 2020 reveal Tompkins was handed £73,911 in January this year as part of the group’s 2019/20 incentive plan. ....

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In Business: Douglas McCormick's plans for growth at Gleeds | Features

Since starting back at Gleeds, he has rejigged the UK business and, along with global chief executive Graham Harle and chairman Richard Steer, drawn up the most ambitious plans in its 136-year history from a desk in his home.
These plans will see turnover increase to £400m by the end of 2024 with staff numbers jumping to 4,000 during the period.
Current turnover is split 60:40 in favour of the UK but McCormick said he expects this to fall back as the firm’s work overseas grows – with 1,500 of the extra 2,000 jobs due to come from outside the UK.
Not all of the new recruits will be wedded to desks in the future, either. McCormick thinks the days of Monday to Friday, 9-5 in an office are gone for good. “We expect around 50% of people’s time to be in the office. We don’t want to take any trust and freedom away from people that they have enjoyed [since the first lockdown]. But I suspect a lot of people like me will be pleased to get some human contact back.” ....

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