Hot Topics Flashcards
Are you aware of any guidance that applies to RICS Members when using Social Media?
Guidance Note ‘Use of Social Media: Guidance for Members’ (2021)
- Responsible and professional.
- Noting to undermine public confidence.
- No dishonesty.
Sets out the same standards as stipulated in the RICS Rules of Conduct and reminds members that these do not change whether communicating via social media, face to face, or otherwise.
Please explain your understanding of the RICS Inclusive Employer Quality Mark?
RICS launching a scheme known as Inclusive Employer Quality Mark.
Designed to improve diversity in the property and construction sector.
Pledge commitment to improving the following 6 principles:
- Leadership and Vision
- Recruitment
- Staff Development
- Staff Retention
- Staff Engagement
- Continuous Improvement
What are the pros and cons of hybrid working?
+ Work-life balance.
+ Greater ability to focus with fewer distractions.
+ Saved commuting time and cost.
+ Savings on office space.
- Loss of social connection.
- Reduced collaboration.
- Risk of burnout.
What is your understanding of the Birchard Review?
Independent review commissioned by the RICS Governing Board in December 2021 into the purpose, governance and strategy.
36 recommendations:
- RICS Matrics should give younger members stronger voice.
- Diversity and Inclusion panel to be set up to provide advice.
- Improve technology use.
- Public Interest Board set up to advise the panel.
Please explain your understanding of how the RICS define Professional Standards vs. Practice Information?
Professional Standards set out requirements or expectations including mandatory.
Practice information is supporting guidance to advise surveyors on particular areas. Not mandatory.
What is the RICS Levitt Report?
Commissioned by RICS following a Treasury management audit in 2018 due to an audit that resulted in RICS extending its overdraft facility by £3M due to inaccurate cashflow forecasting.
