Salary Survey
Industry Area
| Industry Area EAST MIDLANDS | FD (£) | FC (£) | Co Acct (£) |
|---|---|---|---|
| Large plcs | 70,000 + | 60,000 + | 50,000 + |
| Medium firms | 55-70,000 | 50-65,000 | 40-50,000 |
| Small company | 40-55,000 | 40-48,000 | 30-40,000 |
| Industry Area EAST MIDLANDS | Found (£) | Cert (£) | Prof (£) | Final (£) | Newly Qual (£) | Qual with Exp (£) |
|---|---|---|---|---|---|---|
| Large plcs | 16-20,000 | 20-25,000 | 22-28,000 | 27-30,000 | 30-35,000 | 35,000 + |
| Medium firms | 15-18,000 | 19-23,000 | 20-25,000 | 26-28,000 | 28-32,000 | 34,000 + |
| Small company | 14-16,000 | 16-20,000 | 18-23,000 | 24-27,000 | 26-30,000 | 30,000 + |
| Industry Area EAST MIDLANDS | 1 (£) | 2 (£) | 3 (£) | 4 (£) | Final (£) | Qual (£) | Qual with Exp (£) |
|---|---|---|---|---|---|---|---|
| Large plcs | 16-20,000 | 20-25,000 | 22-28,000 | 27-30,000 | 30-35,000 | 35,000 + | |
| Medium firms | 15-18,000 | 19-24,000 | 22-26,000 | 27-29,000 | 28-32,000 | 34,000 + | |
| Small company | 14-16,000 | 16-20,000 | 18-23,000 | 26-28,000 | 27-30,000 | 30,000 + |
| Industry Area EAST MIDLANDS | Part Qual (£) | Qual (£) |
|---|---|---|
| Large plcs | 15-17,000 | 17-20,000 |
| Medium firms | 14-16,000 | 16-19,000 |
| Small company | 13-15,000 | 16-18,000 |
| Accountant Qualified by Experience (£) | Credit Manager (£) | Accounts Administrator / Supervisor (£) | Ledger Clerk Level (£) | Trainee / Junior (£) | |
|---|---|---|---|---|---|
| Large plcs | 35 - 45,000 | 30 - 50,000 | 25,000 + | 16,000 + | 13,000 + |
| Medium firms | 28 - 38,000 | 24 - 30,000 | 18-23,000 | 15 -17,000 | 12 - 13,000 |
| Small company | 24 - 30,000 | 20 - 24,000 | 16-20,000 | 13- 15,000 | 11 - 12,000 |
Practice Area
| Practice Area EAST MIDLANDS | Found (£) | Cert (£) | Prof (£) | Final (£) | Newly Qual (£) | Qual w/ Exp (£) |
|---|---|---|---|---|---|---|
| Large firms | 12,500 | 15,000 | 17,000 | 19,000 | 25,000 | 30,000 + |
| Medium firms | 11,500 | 14,000 | 16,000 | 18,000 | 23,000 | 26,000 + |
| Small firms | 11,000 | 13,000 | 15,000 | 16,000 | 22,000 | 24,000 + |
| Practice Area EAST MIDLANDS | Found (£) | TC1 (£) | TC2 (£) | Newly Qual (£) | Asst Mgr (£) | Mgr (£) | Snr Mgr (£) |
|---|---|---|---|---|---|---|---|
| Large firms | 16,000 | 18,000 | 24,000 | 32,000 | 34,000 | 40,000 | 50,000+ |
| Medium firms | 15,000 | 17,000 | 23,000 | 30,000 | 32,000 | 35,000 | 40,000+ |
| Small firms | 13,000 | 15,000 | 20,000 | 26,000 | 30,000 | 32,000 | 33,000+ |
| Practice Area EAST MIDLANDS | Found (£) | Inter (£) | Tech (£) |
|---|---|---|---|
| Large firms | 15,000 | 17,000 | 21,000 + |
| Medium firms | 13,500 | 15,000 | 19,000 + |
| Small firms | 12,500 | 14,000 | 17,500 + |
Skill Shortages
There is a wide range of skill shortages, especially amongst part qualified accountants in Public Practice and industry/commerce.
As well as a shortage of skilled permanent general accounts staff, such as accounts clerks and credit controllers, there is a corresponding shortage of temporary and contract staff (largely due to the increased demand for such short/medium term staff solutions).
Conversely there is a shortage of senior level vacancies in industry and commerce.
Benefits
Private healthcare :
offered by many companies
50% last year.
Pensions
Most companies offer at least a stakeholder pension scheme.
Company Car vs. Cash?
Company cars are provided much more in relation to position (Director/Manager) rather than salary. Only 10% of newly qualified accountants get company cars. Private mileage is currently only being paid by 10% of employers. Cars are usually replaced by age not mileage, typically 80,000 or 3.5 years.
Car Allowances
Car allowances instead of company cars are growing in particular -Allowances vary according to seniority. Typically from £2,000 to £8,000 per annum.
Car parking is perceived as a perk, especially for those working in cities or towns.
Trends
Salary still appears the most important reason for moving for a new job. Working conditions and prospects for promotion next and location last.
