|
|
01 Nov 2006
Once accountants pass the age of 50 their wages tend to decline, according to a study by West Sussex recruitment consultancy Alexander Lloyd.
According to the consultancy, accountants reach their earnings peak in their 40s, while their wages tend to decline after they hit the half-century mark.
Its survey of 200 accountants salaries found that those aged between 20 and 29 earned £31,680 on average, while those aged 30-39 had an average annual wage of £46,157 and the 40-49 year old age group enjoyed average earnings of £54,545.
The over 50s saw their salary drop to £49,773 on average while the over 60s faced an even steeper decline, with their wages plummeting to an average of £34,919 a year.
Further reading:
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment
Accountants are now like prostitutes...
The older they get, the lower their pay!
Posted by: Kevyn Jones, 01 Nov 2006 | 00:00