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ACCOUNTANCY& FINANCE
SALARYPRACTICE
MARKETGUIDE &
INSIGHT2015/2016reedglobal.com/salaryguide
2
Drawing upon independent research, the report provides valuable insights into the attitudes and concerns of finance practice professionals in the UK today, as well as a comparison to the UK workforce’s outlook as a whole. It also includes a comprehensive set of salary figures that were compiled using data gained from Reed Accountancy and Reed Finance assignments, professionals registered with REED and in conjunction with reed.co.uk.
I hope this guide provides helpful insights and valuable guidance to assist you in dealing with the resourcing challenges our market may present this year.
Our specialist consultants are always happy to meet with you and discuss how we may be able to support you with your resourcing requirements. We can also answer any questions regarding local market expectations and the depth of the talent pool.
We look forward to working with you throughout 2015/2016.
Best wishes
Gert Nzimiro & Robert Russell Reed Accountancy & Reed Finance
Welcome to the Reed Accountancy & Reed Finance Practice Salary Guide and Market Insight 2015/2016. This is a comprehensive report containing useful reference material and guidance to assist you in the increasingly complex task of recruiting and retaining high-calibre finance talent.
Introduction
3
Our Salary Guide and Market Insight report has been compiled using data from several sources, including:• Salary information from vacancies in the finance practice sector on reed.co.uk
• Salary information from a cross-section of finance practice professionals registered with Reed Accountancy, Reed Finance and reed.co.uk
• Assignments managed by Reed Accountancy and Reed Finance
All figures unless otherwise stated, are from YouGov Plc, with a total sample size of 1,629 workers, of which 111 work in practice roles. Fieldwork was undertaken between 9th-19th October 2014, with the survey carried out online.
The total sample included workers in the following sectors: property & construction, engineering, financial services, hospitality & leisure, marketing, media & communications, branding, retail, science & research. As well as workers in the following roles: accounting, advertising/direct marketing/PR, business development/sales, HR/recruitment, IT/technology, insurance, procurement/purchasing.
Total market breakdown was established then broken down into sectors, this guide covers finance practice.
Methodology
4
Finance Practice Market Overview
The past year has seen the continuation of a sense of renewed confidence within the accountancy practice jobs marketplace. As the economy begins to strengthen once more, so firms are looking more proactively at rebuilding and adding experienced personnel to teams that have weathered recent recessionary times. This can be viewed as a time of opportunity for talented candidates with the right skill-set to secure attractive positions and, with it, lucrative packages.
Confidence Returns and Activity Is Up Increased confidence levels within the hiring market are having a knock-on effect across the finance practice sector. Higher volume of overall vacancies, more active candidates and increasing examples of candidate counter offers, mean both employers and employees are being affected by developing activity levels. However the overall number of candidates actively seeking new positions has not increased dramatically over the past twelve months, and there continues to be candidate shortages from the Practice talent pool across all service lines.
New Challenges for EmployersThe increasing dynamics in the sector present tangible staff-related challenges for employers, especially as the jobs market moves back to being more candidate driven. Retaining existing talent as opportunities arise elsewhere, as well as attracting new personnel, are set to become critical issues for many practices going forward. To counter this movement, firms will need to address job flexibility and remuneration strategies in order to hold on to experienced staff and become a company of choice for in-demand talent seeking new positions. With the general growth in demand for key-level candidates, standing out from the crowd will become increasingly important for practices driving a strategy for growth.
5
Finance Practice Market Overview
A Strong Enough Talent Pool?A candidate shortage is compounding issues as an increased focus on internal audit and compliance staff begins to take hold. Likewise, candidates for tax and accounts positions are being sought, as well as for external audit roles, and a shortage of candidates in these areas is causing pressures. The lack of appropriately skilled and experienced candidates is also reinforced as available talent is attracted to opportunities within industry and commerce, meaning suitably talented personnel is lost from the practice sector. Allied to reduced investment over recent years in graduate and training packages to supply the next generation, there is now a lack of candidates at senior and assistant levels across most practice departments. It is expected that this shortage will continue to have an upward impact in years to come with a predicted shortage of associate directors apparent within the next five years.
Solid FoundationsThe renewed vigour across the sector is translating into many exciting career opportunities within the practice environment. It offers a good, defined career path and can lay solid foundations to facilitate a move sideways into larger companies, for example transferring to a business consultancy role.
Help YourselfAs competition to secure quality candidates, or to acquire an enticing new role hots up, candidates and employers must be mindful of how best to position themselves. Prospective candidates need to ensure they highlight achievement and impact within previous roles and clearly demonstrate to a firm how they can add value. In particular, drawing attention to relevant audit experience within a CV would be a positive move as this remains a key and much sought-after skill.
For employers, attractive and competitive packages and benefits are a pre-requisite. But attention must also focus upon areas such as career progression planning as candidates will be weighing up this factor when they compare organisations. Companies should look to keep in touch with recruiters to remain at the top of the pile when it comes to talent they may come across. Quick decision-making is also a key requirement if attractive candidates are not to be snapped up by offers elsewhere. Finally, as the available talent pool becomes stretched, employers should look closely at development and training support in order to retain staff, as well as being able to mould new staff members who may not have all the desired skills on joining. With the right support they could prove to be a valuable asset in years to come.
6
62%
5 TIMES
3 TIMESTWICE 4 TIMESONCE
7 TIMES
NEVER
6 TIMES 8-10 TIMES
>10 TIMES
34%
The changing workplace
I was offered a promotion/better
prospects elsewhereI was offered a better
salary elsewhere
2%Don’t know/ can’t recall
9%I clashed with my previous boss/
colleagues
24%I was bored with my role
11%Other
8%The company benefits of the new employer were
better
32%I wanted to
move location
19%There is/was an improved
work/life balance at my new employer
We asked finance practice professionals how many times they had changed their employer.
We asked those who changed their employer what the main reason(s) for their change was.
DON’T KNOW/ CAN’T RECALL
4%9%
8%
19%
18% 11%9%
4%
7%
9% 2%
7
Good salary and benefits
22%
Good job security
8%The
company culture
6%
48%
28%
No, and I don’t plan to in the future
43%
57%
Yes, I have
9%15%
No, but I plan to in the future
The changing workplace 16%
of finance practice professionals are either Unsatisfied or Very Unsatisfied in their current roles.
15% of finance practice professionals are actively looking for another job.
Colleagues/ boss that I get on with
4%
FINANCEPRACTICE
ALL SECTORS
Good job satisfaction
18%
We asked those in the accounting & finance practice sector which one of the following they would say is the most important aspect of their working life.
Asking people to think about their working life, we asked finance practice professionals whether they
had ever changed* their career path.
*By changing career we mean changing the sector in which someone works
A good work/life balance
(i.e. not having to work too many hours)
42%
8
A PAY RISE
48%
STAFF ENTERTAINMENT(e.g. seasonal company parties, away days etc.)
33%
A BONUS
12%
I have not received any benefits from an employer in the last 12 months
NONE
55%
OTHER BENEFITS
4%
Not applicable - I have been self-employed for the last 12 months
N/A
13%
FORMAL TRAINING
32%
Neither agree nor disagree
Tend to agree
24%Strongly
agree
4%
Tend to disagree
29%
11%25% Don’t
know
7%
Strongly disagree
We asked finance practice professionals which of the following benefits they had received in the last 12 months*. More than one benefit could be chosen.
We asked those in the accounting & finance practice sector to what extent they agreed or disagreed that there is currently a skills gap** within their organisation.
**By skills gap we mean the difference in the skills required within an organisation and the actual skills possessed by the organisation’s employees
*Since October 2013
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To browse, read and subscribe to any of our news streams, go to www.reedglobal.com/viewpoints
The aim is to bring you career profiles and views from the top across all our industries, as well as details on upcoming events and competitions relevant to you.
Industry InsightOur online hub of expertly crafted content provides insight and analysis for HR, recruitment and industry news.
Introducing Viewpoints
What should you be paying?Alongside our guides we also have an interactive salary & insight app, containing key stats for each industry and region, as well as useful tips and resources for both jobseekers and employers. To identify new trends, reward existing employees and attract your future teams, visit www.reedglobal.com/salaryguide
Identify, Reward, Attract
10
Audit & AssuranceSalary Figures
Assistant Manager
AAT/CAT Foundation/Intermediate
Senior (newly qualified)
Senior Manager
1st Year Trainee (ACA, ACCA)
Director/Partner
PQ (ACA, ACCA)
Manager
AAT/CATQualified
MIN MAX MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £66,300 £87,800 £38,600 £57,800 £30,900 £45,300 £32,600 £39,400 £28,500 £34,300
SOUTH EAST £72,400 £100,000 £46,300 £72,300 £36,600 £53,000 £33,600 £46,100 £39,200 £41,200
SOUTH WEST £62,300 £90,600 £43,400 £58,000 £34,700 £45,400 £31,700 £38,500 £27,400 £35,300
HOME COUNTIES £78,200 £120,000 £45,800 £65,200 £40,400 £55,200 £35,000 £45,100 £32,800 £38,500
OUTER LONDON £77,200 £125,800 £57,800 £77,100 £48,200 £58,400 £39,600 £49,100 £36,100 £40,300
CENTRAL LONDON £91,700 £200,000 £62,700 £84,200 £51,800 £63,400 £45,300 £52,400 £39,200 £46,100
EAST ANGLIA £61,400 £115,800 £42,100 £58,100 £35,600 £43,300 £32,900 £40,000 £31,600 £38,000
MIDLANDS £65,600 £139,600 £40,500 £65,600 £34,700 £49,100 £30,700 £40,300 £26,500 £36,300
WALES £55,600 £85,300 £40,700 £55,600 £35,900 £51,600 £25,900 £37,700 £22,300 £32,500
YORKS & HUMBERSIDE £77,200 £96,500 £48,200 £62,700 £38,500 £48,200 £30,700 £38,400 £29,400 £34,300
NORTH EAST £66,200 £96,500 £43,200 £62,700 £38,500 £48,200 £30,700 £38,400 £29,400 £34,300
NORTH WEST £67,600 £115,800 £40,500 £57,800 £33,700 £43,300 £30,700 £40,500 £25,500 £35,300
SCOTLAND & NI £62,700 £96,500 £53,000 £62,700 £35,300 £50,000 £31,500 £43,200 £23,375 £30,150
MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £22,000 £32,000 £17,000 £23,000 £16,000 £21,000 £13,000 £19,000
SOUTH EAST £25,000 £30,000 £19,000 £25,000 £16,000 £21,000 £12,000 £18,000
SOUTH WEST £24,000 £30,000 £20,000 £24,000 £18,000 £22,000 £14,000 £19,000
HOME COUNTIES £23,000 £36,000 £17,000 £26,000 £19,000 £23,000 £14,000 £18,000
OUTER LONDON £23,000 £32,000 £19,000 £25,000 £17,000 £23,000 £13,000 £22,000
CENTRAL LONDON £25,000 £37,000 £21,000 £28,000 £19,000 £25,000 £15,000 £23,000
EAST ANGLIA £22,000 £29,000 £15,500 £22,500 £17,500 £20,500 £12,500 £17,500
MIDLANDS £20,000 £32,000 £15,000 £22,000 £18,000 £21,000 £13,000 £19,000
WALES £22,000 £28,000 £14,000 £21,000 £16,000 £20,000 £12,000 £17,000
YORKS & HUMBERSIDE £21,000 £29,000 £16,000 £19,000 £14,000 £19,000 £12,000 £17,000
NORTH EAST £21,000 £29,000 £16,000 £19,000 £15,000 £19,000 £12,000 £16,000
NORTH WEST £22,000 £32,000 £16,000 £20,500 £16,000 £20,000 £12,000 £16,000
SCOTLAND & NI £22,700 £31,240 £14,620 £18,560 £16,200 £20,200 £14,000 £17,000
11
Audit & AssuranceSalary Figures
Personal TaxSalary Figures
Assistant Manager
ATT Foundation/Intermediate
Senior (newly qualified CTA/ACA/ACCA)
Senior Manager
1st Year Trainee (ACA/ACCA)
Director/Partner
PQ(ACA/ACCA)
Manager
ATT Qualified(nearly qualified)
MIN MAX MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £61,100 £100,900 £42,900 £61,300 £34,900 £50,000 £30,800 £43,000 £25,800 £33,000
SOUTH EAST £70,700 £130,000 £48,600 £74,900 £38,600 £55,800 £34,700 £50,000 £33,000 £41,200
SOUTH WEST £60,500 £110,700 £45,500 £70,600 £37,600 £54,600 £30,700 £46,800 £28,900 £37,000
HOME COUNTIES £70,700 £120,000 £50,700 £70,900 £40,600 £59,000 £33,800 £49,100 £28,900 £37,100
OUTER LONDON £81,800 £150,000 £61,300 £82,900 £49,700 £62,800 £39,600 £50,100 £33,400 £41,600
CENTRAL LONDON £94,800 £250,000 £66,800 £100,000 £52,800 £71,000 £45,800 £54,200 £36,000 £46,300
EAST ANGLIA £71,300 £121,400 £50,600 £72,500 £40,300 £57,000 £33,200 £44,800 £24,500 £35,300
MIDLANDS £70,700 £120,300 £45,500 £70,900 £39,600 £55,800 £31,700 £40,800 £27,700 £37,100
WALES £55,400 £95,500 £38,400 £57,500 £32,500 £43,600 £28,600 £40,800 £22,700 £31,800
YORKS & HUMBERSIDE £70,800 £101,000 £50,700 £65,800 £40,600 £50,800 £32,700 £40,900 £28,900 £36,100
NORTH EAST £70,800 £110,000 £45,700 £65,800 £37,600 £51,800 £32,700 £40,900 £26,900 £36,100
NORTH WEST £60,600 £115,000 £42,500 £67,700 £35,600 £54,600 £30,700 £39,800 £26,800 £36,900
SCOTLAND & NI £65,700 £101,000 £43,900 £56,100 £34,800 £47,500 £30,200 £37,600 £26,900 £33,750
MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £22,000 £32,000 £17,000 £23,000 £17,000 £21,000 £13,000 £19,000
SOUTH EAST £24,000 £32,000 £17,000 £23,000 £16,000 £21,000 £13,000 £19,000
SOUTH WEST £23,000 £30,000 £17,000 £23,000 £15,000 £18,000 £14,000 £16,000
HOME COUNTIES £24,000 £34,000 £18,000 £25,000 £18,000 £22,000 £14,000 £19,000
OUTER LONDON £24,000 £34,000 £17,000 £23,000 £17,000 £25,000 £14,000 £22,000
CENTRAL LONDON £25,000 £36,000 £19,000 £24,000 £19,000 £26,000 £16,000 £22,000
EAST ANGLIA £20,000 £28,000 £14,500 £22,500 £15,000 £18,000 £13,500 £15,500
MIDLANDS £22,500 £31,000 £15,000 £23,500 £17,000 £21,500 £13,000 £19,000
WALES £22,000 £28,000 £16,000 £22,000 £14,000 £18,000 £13,000 £15,000
YORKS & HUMBERSIDE £21,000 £29,000 £16,000 £19,500 £14,000 £19,000 £12,000 £17,000
NORTH EAST £21,000 £29,000 £16,000 £21,500 £14,000 £20,000 £12,000 £17,000
NORTH WEST £22,000 £30,000 £16,000 £21,500 £15,000 £20,000 £12,000 £17,000
SCOTLAND & NI £23,320 £30,740 £14,750 £18,750 £14,450 £20,200 £13,200 £16,700
12
Corporate & Indirect TaxSalary Figures
Assistant Manager
1st Year Trainee (ACA/ACCA)
Senior (newly qualified CTA/ACA/ACCA)
Senior Manager
ATTFoundation/Intermediate
Director/Partner
ATT Qualified (newly qualified)
Manager
PQ(ACA/ACCA)
MIN MAX MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £65,900 £101,400 £49,000 £66,300 £42,700 £64,100 £33,700 £42,900 £28,800 £37,000
SOUTH EAST £80,300 £120,500 £50,500 £75,800 £48,800 £66,000 £38,800 £51,100 £32,900 £41,200
SOUTH WEST £65,200 £115,300 £50,400 £77,500 £41,600 £55,600 £34,600 £45,700 £26,800 £37,900
HOME COUNTIES £82,300 £130,500 £62,800 £83,800 £50,300 £63,700 £38,700 £43,400 £34,000 £40,100
OUTER LONDON £80,300 £150,500 £63,800 £82,100 £48,700 £67,200 £40,200 £51,000 £36,000 £43,000
CENTRAL LONDON £90,000 £250,000 £70,000 £91,200 £55,400 £70,400 £45,000 £56,300 £38,400 £46,000
EAST ANGLIA £69,500 £115,400 £50,200 £73,800 £40,100 £58,300 £33,500 £46,700 £26,500 £37,800
MIDLANDS £80,300 £125,600 £49,400 £80,800 £42,600 £52,800 £33,700 £42,800 £25,700 £38,100
WALES £55,200 £90,200 £40,400 £57,400 £34,500 £47,500 £28,600 £37,700 £24,600 £33,800
YORKS & HUMBERSIDE £75,300 £100,400 £50,500 £70,700 £40,600 £50,800 £32,700 £40,900 £27,900 £36,000
NORTH EAST £80,300 £100,400 £50,500 £65,700 £40,600 £50,800 £32,700 £40,900 £27,900 £36,000
NORTH WEST £80,300 £120,500 £48,500 £75,600 £41,700 £51,700 £32,700 £41,800 £27,800 £35,000
SCOTLAND & NI £54,600 £91,500 £43,700 £65,700 £36,800 £51,200 £35,800 £46,000 £26,900 £33,500
MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £22,000 £32,000 £17,000 £23,000 £17,000 £21,000 £13,000 £19,000
SOUTH EAST £25,000 £32,000 £17,000 £23,000 £17,000 £21,000 £13,000 £19,000
SOUTH WEST £24,000 £30,000 £17,000 £23,000 £15,000 £18,000 £14,000 £17,000
HOME COUNTIES £24,000 £33,000 £19,000 £24,000 £17,000 £23,000 £15,000 £19,000
OUTER LONDON £23,000 £32,000 £18,000 £24,000 £17,000 £24,000 £13,000 £21,000
CENTRAL LONDON £25,000 £34,000 £20,000 £26,000 £18,000 £25,000 £16,000 £21,000
EAST ANGLIA £20,000 £26,000 £14,500 £21,500 £15,000 £18,000 £13,500 £16,000
MIDLANDS £21,000 £29,000 £16,000 £23,000 £17,000 £21,000 £13,500 £18,000
WALES £22,000 £28,000 £16,000 £21,000 £14,000 £17,000 £13,000 £15,000
YORKS & HUMBERSIDE £21,000 £30,000 £16,000 £19,500 £14,000 £19,000 £12,000 £16,000
NORTH EAST £21,000 £30,000 £16,000 £20,500 £14,000 £19,000 £12,000 £16,000
NORTH WEST £21,000 £30,000 £16,000 £21,500 £14,000 £17,000 £12,000 £17,000
SCOTLAND & NI £22,860 £29,740 £15,700 £19,750 £16,270 £21,200 £13,200 £16,700
13
Corporate & Indirect TaxSalary Figures
Corporate FinanceSalary Figures
Assistant Manager
Senior (newly qualified)
Senior Manager/Assistant Director
1st Year Trainee (ACA, ACCA)
Director/Partner
Finalist (ACA, ACCA)
Manager
MIN MAX MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £63,000 £100,000 £45,000 £65,000 £39,000 £55,500 £32,000 £39,900 £25,000 £36,800
SOUTH EAST £72,800 £135,000 £53,800 £77,200 £43,600 £61,000 £37,000 £48,700 £33,400 £42,200
SOUTH WEST £70,500 £127,900 £48,000 £74,700 £41,900 £60,700 £35,200 £45,100 £30,400 £40,300
HOME COUNTIES £79,800 £137,500 £56,300 £80,400 £43,200 £63,100 £34,300 £46,000 £30,200 £44,000
OUTER LONDON £80,600 £135,000 £59,400 £82,100 £45,500 £62,200 £37,000 £52,000 £37,300 £44,100
CENTRAL LONDON £90,000 £300,000 £70,000 £96,000 £58,100 £72,100 £48,700 £59,200 £45,000 £50,200
EAST ANGLIA £73,600 £126,100 £56,600 £78,100 £48,300 £63,000 £37,000 £50,000 £31,000 £47,000
MIDLANDS £75,500 £138,200 £48,800 £78,100 £38,800 £53,300 £33,100 £42,000 £28,400 £36,300
WALES £58,800 £90,400 £37,200 £55,100 £29,100 £47,900 £28,400 £37,300 £23,600 £32,400
YORKS & HUMBERSIDE £75,000 £125,800 £53,700 £66,400 £38,800 £53,300 £34,100 £43,800 £31,400 £37,200
NORTH EAST £75,000 £135,800 £53,700 £66,400 £38,800 £53,300 £34,100 £43,800 £31,400 £37,200
NORTH WEST £72,600 £126,400 £47,900 £68,600 £38,800 £54,600 £34,100 £41,000 £29,400 £35,300
SCOTLAND & NI £67,900 £97,000 £53,700 £68,300 £41,600 £53,300 £34,100 £43,800 £28,300 £34,300
MIN MAX MIN MAX
SOUTH COAST £22,000 £32,000 £17,000 £23,000
SOUTH EAST £25,000 £32,000 £17,000 £23,000
SOUTH WEST £23,000 £30,000 £17,000 £23,000
HOME COUNTIES £24,000 £34,000 £19,000 £25,000
OUTER LONDON £24,000 £33,000 £18,000 £24,000
CENTRAL LONDON £26,000 £36,000 £20,000 £26,000
EAST ANGLIA £22,000 £29,000 £15,500 £19,500
MIDLANDS £21,500 £29,500 £15,500 £22,500
WALES £20,000 £26,000 £17,000 £21,000
YORKS & HUMBERSIDE £21,000 £29,000 £16,000 £19,500
NORTH EAST £21,000 £29,000 £16,000 £20,500
NORTH WEST £22,000 £29,000 £16,000 £21,500
SCOTLAND & NI £22,320 £30,240 £15,500 £18,540
14
Corporate Recovery & InsolvencySalary Figures
Director/Partner
Assistant Manager
Senior Manager Manager
Newly Qualified(ACA/ACCA/JIEB)
AAT/CAT Foundation/Intermediate
PQ (ACA, ACCA)
AAT/CAT Qualified
MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £26,000 £34,100 £22,000 £31,000 £16,000 £21,000 £13,000 £19,000
SOUTH EAST £35,300 £42,400 £24,000 £32,000 £17,000 £21,000 £14,000 £19,000
SOUTH WEST £26,200 £38,300 £22,000 £29,000 £16,000 £18,000 £13,000 £16,000
HOME COUNTIES £34,300 £45,100 £25,000 £33,000 £18,000 £21,000 £14,000 £19,000
OUTER LONDON £40,400 £45,400 £24,000 £35,000 £17,000 £23,000 £14,000 £21,000
CENTRAL LONDON £41,000 £48,000 £26,000 £37,000 £19,000 £26,000 £16,000 £22,000
EAST ANGLIA £24,800 £39,300 £22,000 £27,000 £14,500 £17,500 £13,000 £15,000
MIDLANDS £25,200 £36,800 £21,000 £29,000 £16,000 £18,000 £12,500 £17,000
WALES £23,200 £30,200 £20,000 £26,000 £14,000 £16,000 £12,000 £14,000
YORKS & HUMBERSIDE £25,300 £35,300 £21,000 £29,000 £14,000 £18,000 £12,000 £14,000
NORTH EAST £27,300 £35,300 £21,000 £29,000 £14,000 £18,000 £12,000 £14,000
NORTH WEST £28,300 £36,300 £22,000 £29,000 £15,000 £17,000 £12,000 £16,000
SCOTLAND & NI £25,200 £33,300 £22,320 £29,680 £15,200 £18,120 £13,000 £15,000
MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £65,400 £100,000 £44,800 £63,600 £37,800 £55,200 £33,600 £41,800
SOUTH EAST £75,600 £130,400 £57,000 £73,000 £50,100 £64,400 £42,400 £50,000
SOUTH WEST £71,200 £130,700 £50,900 £75,000 £45,000 £60,200 £36,400 £45,400
HOME COUNTIES £77,400 £127,900 £55,900 £75,000 £50,500 £59,700 £39,000 £50,200
OUTER LONDON £81,800 £133,800 £55,200 £75,000 £51,400 £66,800 £45,500 £52,000
CENTRAL LONDON £92,100 £157,500 £59,000 £84,000 £54,000 £69,000 £47,000 £57,000
EAST ANGLIA £77,900 £139,600 £49,600 £73,000 £47,300 £55,000 £36,200 £45,500
MIDLANDS £71,600 £133,000 £50,900 £71,300 £44,000 £51,400 £34,400 £46,500
WALES £46,000 £85,400 £40,700 £52,800 £32,900 £45,100 £27,300 £35,400
YORKS & HUMBERSIDE £75,800 £122,800 £50,900 £65,100 £41,100 £51,400 £33,400 £40,500
NORTH EAST £76,800 £122,800 £50,900 £68,100 £41,100 £51,400 £33,400 £40,500
NORTH WEST £75,800 £122,800 £52,800 £70,100 £40,000 £52,200 £32,400 £44,400
SCOTLAND & NI £52,100 £89,600 £44,300 £57,900 £36,000 £47,300 £31,600 £40,500
15
Corporate Recovery & InsolvencySalary Figures
Forensics & InvestigationsSalary Figures
Assistant Manager
Senior (newly qualified
ACA/ACCA)Senior
Manager
1st Year Trainee (ACA/ACCA)
Director/Partner
PQ(ACA, ACCA)
Manager
MIN MAX MIN MAX MIN MAX MIN MAX MIN MAX
SOUTH COAST £56,300 £101,000 £44,000 £56,000 £36,300 £44,000 £32,200 £36,100 £25,400 £32,600
SOUTH EAST £67,900 £125,400 £53,100 £72,500 £46,000 £55,000 £38,600 £43,300 £33,600 £40,300
SOUTH WEST £60,500 £105,000 £43,500 £57,100 £36,800 £45,600 £28,900 £34,600 £26,900 £33,700
HOME COUNTIES £73,700 £132,800 £55,100 £73,400 £48,300 £58,000 £41,900 £47,300 £34,000 £42,900
OUTER LONDON £72,800 £131,000 £56,000 £72,500 £47,400 £58,000 £42,300 £48,500 £35,500 £44,000
CENTRAL LONDON £89,200 £180,000 £75,000 £88,100 £53,200 £75,000 £48,100 £53,900 £41,000 £49,000
EAST ANGLIA £55,800 £99,000 £39,500 £51,600 £33,300 £41,300 £30,400 £33,100 £23,400 £32,000
MIDLANDS £65,200 £101,000 £46,400 £59,900 £38,700 £54,200 £30,800 £35,600 £24,000 £35,500
WALES £46,700 £78,200 £33,800 £45,600 £31,000 £36,800 £26,000 £31,700 £22,100 £30,900
YORKS & HUMBERSIDE £67,600 £106,400 £48,300 £56,000 £38,700 £48,400 £31,700 £36,500 £28,800 £33,600
NORTH EAST £72,600 £106,400 £48,300 £56,000 £38,700 £48,400 £31,700 £36,500 £28,800 £33,600
NORTH WEST £72,600 £106,400 £45,400 £58,000 £35,800 £47,500 £30,800 £35,600 £26,900 £31,700
SCOTLAND & NI £63,100 £97,000 £48,300 £61,800 £38,700 £48,400 £33,700 £36,500 £28,800 £33,600
MIN MAX MIN MAX
SOUTH COAST £23,000 £32,000 £17,000 £25,000
SOUTH EAST £25,000 £35,000 £19,000 £23,000
SOUTH WEST £23,000 £30,000 £17,000 £24,000
HOME COUNTIES £26,000 £34,000 £23,000 £26,000
OUTER LONDON £26,000 £35,000 £20,000 £25,000
CENTRAL LONDON £28,000 £38,000 £23,000 £28,000
EAST ANGLIA £23,000 £27,000 £16,500 £21,500
MIDLANDS £23,500 £32,000 £18,000 £24,000
WALES £20,000 £27,000 £15,000 £18,000
YORKS & HUMBERSIDE £21,000 £30,000 £16,000 £19,500
NORTH EAST £22,000 £30,000 £16,000 £21,500
NORTH WEST £22,000 £30,000 £16,000 £20,500
SCOTLAND & NI £23,320 £29,680 £14,420 £18,540
16
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