November User Group Blog (AUS)

In the last user group of 2023 I gave you a quick update on our progress in delivering new features (such as salary modifiers) and data and plans for 2024.

We discussed the new modifiers and how these were in response to requests to provide more guidance on when to use the lower or higher end of the salary ranges on Code. Just to reiterate my point from the session -if you are unsure please ask us!

We quickly discussed consultant pay and some new data added to Code on Partners. We differentiated between the big 4 and those companies where they don’t have a partnership model like Accenture.

The main focus of the session was then on property. I highlighted the different types of property (residential, commercial and land) and their different uses and characteristics. We discussed some of the ley drivers for property prices and how recent interest rate rises impact process and activity in the property market.

It is important to also note the different ways property is held i.e. individual, within a company, trust, family office etc.

Finally we discussed some of the challenges in gaining insights into profits generated from property development. We walked through the new model we have created.

I appreciate this part of the session as rather technical – however I will be sharing the model with you very early in the new year with some notes on what it does and how. You can then tailor / update the model as you see fit. I am happy to take further questions or support additional development of it if/when required.

As a reminder there is no user group in December, but we will be back in January!

For those who celebrate it, have a lovely Christmas and new year (feels weird saying that at the beginning of December!!)

Jon