Wage increase after completion of the "Real Estate Manager (FPE)" course
After completing the "Real Estate Manager (FPE)" course, the majority of participants receivea pay rise of up to 20%.This success should not be underestimated when you consider that many of those who complete this course are already in their current job before or during continuing education, further training and therefore cannot expect another major pay rise afterwards.
Important wage factors
In each individual case, the salary also depends on other factors. Criteria such as your industry, region, employer, training, professional experience and age play an important role in calculating your salary.
Would you like to know your potential salary as a real estate manager? You can calculate it with just a few clicks using the federal government's salary calculator. We have created an example for you here.
Click on "Salarium - statistical wage calculator" under Source and then on the "Calculate wages" button:
- Step 1: Enter your region / place of work (e.g. Zurich)
- Step 2: Enter your industry (e.g. 65 insurance, reinsurance and pension funds)
- Step 3: Enter the following for occupational group: 33 Business management and commercial specialists and administrative specialists
- Step 4: Position in the company - select "Without management function"
- Step 5: Weekly hours 42
- Step 6: Training: Completed vocational training
- Step 7: Enter your age (e.g. 30 years)
- Step 8: Enter further optional information (if available and desired)
Source:"Federal Statistical Office, FSO"
Note: This sample calculation refers to the data from Salarium (end of 2024). You can find informationhere. A list of other payroll calculator tools is availablehere.
The example salary for a real estate manager in our calculation is CHF 7,986, which could be your salary before continuing education, further training. Now go back to the "Training" section and select "Higher Vocational Training / College of Higher Education", resulting in a new average salary of CHF 8,568. Your salary could increase by this much with continuing education, further training to become a Federal Diploma of Higher Education in Real Estate Management.
Note: The calculation for real estate manager is intended as an example and is always a rounded figure. As mentioned above, the salary depends on various factors and can vary considerably.
Example of a real estate manager with Federal Diploma of Higher Education: CHF 614,000 more salary until retirement
23-year-old Chantal works for a renowned real estate company in Lucerne. She enjoys working in the real estate sector and the independent way of working. Her good interpersonal skills, high level of social competence and great flexibility enable her to contribute well to her daily work. Chantal's assertive personality, organizational skills and conscientiousness are greatly appreciated by her colleagues and superiors. When looking after condominium owners, she has a lot of contact with apartment owners and helps with renovations, billing and handling insurance claims. Chantal would like to complete continuing education, further training as a real estate manager in order to be able to manage real estate properties professionally from a technical and commercial perspective. This will enable her to draw up maintenance strategies, condition analyses, marketing concepts and property accounting in the future. She is looking forward to being the point of contact for tradespeople and tenants, as well as independently handling extensions and conversions, insurance claims and lettings. After completing her federal certificate in real estate management, Chantal is looking forward to a responsible position in real estate management and thus good long-term earning potential as well as promising opportunities for further development, for example as a team leader.
Financial benefits of continuing education, further training as a real estate manager
As a real estate manager, Chantal will receive CHF 1,067 more per month than before and will therefore have at least CHF 505,000 more at her disposal by the time she retires than if she had not done any continuing education, further training.
If she is also given the opportunity to take on her first management role as a team leader from the age of 28, a further CHF 943,488 will be added by the time she retires (CHF 7,506 - CHF 5,602 = CHF 1,904 per month / per year 12 x CHF 1,904 = CHF 22,848 / 65 - 28 = 37 years until retirement / 37 x CHF 22,848 = CHF 845,376).
As this theoretical calculation for "Real Estate Manager" does not take into account any further salary increases, promotions or interest on savings, the salary can still increase significantly.
Continuing education, further training real estate manager FPE: CHF 7'100
- 18 months, part-time
- School fees, documents: CHF 8,800 minus CHF 4,400 federal contribution = CHF 4,400
- Exam fee: CHF 2'700
- Total training costs: CHF 7'100
Salary difference and yield calculation for real estate manager: CHF 505,060
- Difference in salary between the position as a Federal VET Diploma commercial clerk and the position as a real estate manager: CHF 5,602 - CHF 4,535 = CHF 1,067 per month and CHF 12,804 per year (12 x CHF 1,067 = CHF 12,804)
- She recoups the entire training costs of CHF 7,100 in just over 6 months with her higher salary as a real estate manager (CHF 7,100 / CHF 1,067 per month = 6.7 months)
- Over the remaining 40 years until their retirement (25 to 65), this additional income will add up to CHF 512,160 (40 x CHF 12,804 = CHF 512,160)
- If the training costs are deducted from this additional income, an additional sum of around CHF 505,060 remains at her disposal(CHF 512'160 - CHF 7'100 = CHF 505'060)
The training costs correspond to an average of the courses offered in German-speaking Switzerland.
The wages were calculated in the federal wage calculatorwww.salarium.chwith the following settings.
Calculations as a Federal VET Diploma clerkbefore the Federal Professional Examination in Real Estate Management: CHF 4,535
- Region: Northwestern Switzerland
- Sector: 68 Real estate and housing
- Occupational group: 41 General office and secretarial staff
- Position in the company: Level 5 without management function
- Hours per week: 42 hours
- Education: Completed vocational training
- Age: 23 years
- Years of service: not specified
- Company size: 20 - 49 employees
- 12/13 monthly salary: 13 monthly salary (converted pro rata to 12 salaries)
- Special payments: no
- Monthly / hourly wage: Monthly wage
- Result:Central value (median) ofCHF 4'535
Calculationsafter the Federal Professional Examination in Real Estate Management: CHF 5,602
- Region: Northwestern Switzerland
- Sector: 68 Real estate and housing
- Occupational group: 33 Non-academic business administration and commercial specialists
- Position in the company: Level 5 without management function
- Hours per week: 42 hours
- Education: Higher vocational training, College of Higher Education
- Age: 25 years
- Years of service: not specified
- Company size: 20 - 49 employees
- 12/13 monthly salary: 13 monthly salary (converted pro rata to 12 salaries)
- Special payments: no
- Monthly / hourly wage: Monthly wage
- Result:Central value (median) ofCHF 5'602
Calculationswith a management function as a real estate manager: CHF 7,734
- Region: Northwestern Switzerland
- Sector: 68 Real estate and housing
- Occupational group: 33 Non-academic business administration and commercial specialists
- Position in the company: Level 1+2 Upper and middle management
- Hours per week: 42 hours
- Education: Higher vocational training, College of Higher Education
- Age: 28 years
- Years of service: not specified
- Company size: 20 - 49 employees
- 12/13 monthly salary: 13 monthly salary (converted pro rata to 12 salaries)
- Special payments: no
- Monthly / hourly wage: Monthly wage
- Result:Central value (median) ofCHF 7'734
(All figures as at November 2022)
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