Fifth of chartered accountants looking to move jobs

by Kevin Reed

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26 Mar 2014

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ICAEW at Moorgate Place

A FIFTH of chartered accountants are looking to move into new role to progress their career and earn more money, according to the ICAEW.

Its survey of members, undertaken by recruiter Stott and May, found one in five are currently looking to move jobs, with a further 15% likely to move in the next year. Those under 30, and in large companies, are most likely to move.

"With more ICAEW chartered accountants considering a new job to progress their career, I think it indicates that people are feeling more secure about job opportunities and it is another sign of the economic recovery," said Sharron Gunn, ICAEW executive director, commercial.

Career progression is cited as the biggest motivator for changing jobs (35%), with a salary increase (26%) and better work-life balance (18%) other popular reasons. More in the public sector are currently looking for a new role compared to other sectors.

Another reason might be that salaries have been static, with the average basic salary at £90,800.

"[They] are telling us they want to progress their careers and gain all the benefits that come with it. It is more than just salaries, they want to take on more responsibility and have greater involvement with senior management - particular among financial controllers and heads of finance," Gunn added.

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