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SENIOR FINANCE |
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| INDUSTRY AREA |
FD |
FC |
Co Acct |
| EAST MIDLANDS |
£ |
£ |
£ |
| 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 |
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ACCA |
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|
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|
|
| INDUSTRY AREA |
Found |
Cert |
Prof |
Final |
Newly Qual |
Qual with Exp |
| EAST MIDLANDS |
£ |
£ |
£ |
£ |
£ |
£ |
| 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 + |
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CIMA |
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|
|
|
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| INDUSTRY AREA |
1 |
2 |
3 |
4 |
Final |
Qual |
Qual with Exp |
| EAST MIDLANDS |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| 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 + |
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AAT |
|
| INDUSTRY AREA |
Part Qual |
Qual |
| EAST MIDLANDS |
£ |
£ |
| 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 |
35 - 45,000 |
30 - 50,000 |
25,000 + |
16,000 + |
13,000 + |
| Medium |
28 - 38,000 |
24 - 30,000 |
18-23,000 |
15 -17,000 |
12 - 13,000 |
| Small |
24 - 30,000 |
20 - 24,000 |
16-20,000 |
13- 15,000 |
11 - 12,000 |
| PRACTICE AREA |
ACCA |
| 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 |
ACA |
| 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 |
AAT |
| 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 V 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.
Salary still appears the most important reason for moving for a new job. Working conditions and prospects for promotion next and location last.
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