Lower wages for older accountants
Recruitment study finds wages decline after 50
Once accountants pass the age of 50 their wages tend to decline, according to
a study by West Sussex recruitment consultancy
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.