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17 Apr 2009
The pay gap between male and female chartered accountants is as big as 50%.
An ICEAW study alongside recruiter Robert Half found the average salary for a male chartered accountant was £88,200 compared with an average of £60,500 for women.
Men also received higher bonuses, at an average of 28% of pay while women received only 19%. The study also found that the pay gap between men and women widened with age.
But women are beginning to catch up. Last year male accountants received an average salary increase of only 7% while women received 10%. While men's bonuses fell by four per cent on average, women saw on average a 33% rise in theirs'.
The gap was partially explained by the fact that the average male accountant tends to be older and longer qualified than their female counterparts.
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Visitor comments Add your comment
Statistics and averages.
It would be more illuminating to know how many chartered accountants of each gender had total earnings in the bands 1-20K, 20-40K, 40-60K, 60-80K and over 80K. It might well reveal that a minority (?%)earn over 80K and most of these are male.
Posted by: Mike Barker, 21 Apr 2009 | 00:00