According to a recent study by Robert Walters, high performing accountancy professionals stepping into a new role this year can expect their salary to increase considerably, particularly if they are in the ‘highly sought after skills’ bracket. Accountants currently in demand include newly qualified accountants and chartered accountants and those with expertise in group reporting, commercial and business facing operations.
Robert Walters’ salary survey shows that are a newly qualified accountant with one to two years experience can now expect to earn £55,000 upwards, 10% more than last year. For newly qualified CIMAs, starting salaries have increased from £40,000 to £45,000 YOY%. Salaries for part-qualified accountants have also risen by 5% YOY.
“We have seen a lot of growth in the digital, broadcasting, retail and FMCG sectors as these employers seek to expand into emerging markets. SMEs remain particularly bullish”, says Andrew Setchell at Robert Walters.
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