BusinessPeople In BusinessMassive pay hike expected

Massive pay hike expected

Average salaries for accountants now top £40,000 a year - but expectations continue to run high with many expecting a 9% pay rise in 2002, writes Damian Wild.

The average percentage increase in accountants’ last pay review was 9%, higher than the previous year’s rise of 6%, according to the latest salary survey by Robert Half International.

Nevertheless London-based candidates are expecting employers to deliver 9% pay rises once again, with those in the Thames Valley expecting to see an 8% rise in their pay packets.

RHI managing director Steve Carter said: ‘Finally we are starting to see the accountancy profession being viewed as an integral part of business survival rather than simply historical number crunching.

‘Sales and marketing have always been viewed as the more glamourous professions to go into and I think this demonstrates how important good financial control is and that this is a career where you can really help to shape the future of business.’

Related Articles

Shortlist announced for British Accountancy Awards 2017

Accounting Firms Shortlist announced for British Accountancy Awards 2017

4m Emma Smith, Managing Editor
Pimlico Plumbers to take employment case appeal to Supreme Court

Legal Pimlico Plumbers to take employment case appeal to Supreme Court

4m Alia Shoaib, Reporter
HMRC appoints new director generals

HMRC HMRC appoints new director generals

5m Alia Shoaib, Reporter
Submit your entry for the British Accountancy Awards!

People Business Submit your entry for the British Accountancy Awards!

6m Emma Smith, Managing Editor
BDO appoints two non-executive directors as advisers to leadership team

Accounting Firms BDO appoints two non-executive directors as advisers to leadership team

6m Emma Smith, Managing Editor
Ex-HMRC chief to join ICAS council

HMRC Ex-HMRC chief to join ICAS council

8m Emma Smith, Managing Editor
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Settlement reached between Margaret May and CIMA

Accounting Standards Settlement reached between Margaret May and CIMA

11m Stephanie Wix, Writer