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.’