The accountancy and finance labour market continues to be tight, and most recruitment in the sector is done through headhunting professionals. It's a trend set to continue in 2024, which also means candidates hold the power when it comes to the remuneration packages they desire.
In response, it’s important when looking to attract new accountancy or finance professionals, or retain your existing employees, that you check your salaries and benchmark against the going industry rates to remain competitive.
Using data from 17 million jobs posted on Reed.co.uk since 2016, our 2024 accountancy and finance salary guide is the ultimate industry salary checker. By using our guide, you’ll understand what accountancy and finance jobs are worth across all regions of the UK, helping you to offer the best salaries and benefits to your employees and stand out from your competition.
Over the past few years, the accountancy profession in the UK has experienced significant economic shifts. The pandemic accelerated the adoption of digital tools, remote working, and the importance of financial advisory services. These trends are here to stay and have profound implications for accountants.
Accountancy Recruitment Expert, Reed
Who is the Reed accountancy and finance salary guide designed for?
Whether you’re looking to find out the UK average salary, what the next step on the career ladder could see you potentially earn, or whether you are paying your team competitive rates, our salary guide allows you to compare UK salaries across a variety of finance roles – from asset manager salaries to bookkeeper salaries – across all regions.
Are you an employer looking for benchmarking advice?
You can use our accountancy salary guide to compare salaries and benefits, to ensure your remuneration packages are up to date and match current demands. In a sector where the right skills and knowledge can be hard to come by, you must stay ahead of the game and ensure your remuneration appeals to those looking for a new role. Failure to do so could leave job application numbers low and professionals finding a job in the finance team of your closest competitor.
Are you trying to find out what you should be earning in accountancy and finance?
Use our 2024 salary guide to know your worth, help you decide on a new job you have been offered, or even plan for your next step on the career ladder – would you earn enough if you were to change role or move to a new location?
What jobs does Reed’s accountancy and finance salary guide cover?
Our accountancy and finance guide assess salaries and benefits across all 12 UK regions – from Scotland and the North to London and the South – highlighting noteworthy developments using graphics to depict key salary changes over the past year. It will provide you with direction on salaries and benefits for some of the most prominent roles in the accountancy and finance sector, including:
Accounts assistant
Bookkeeper
Chief financial officer
Credit controller
Finance director
Finance manager
Payroll manager
So, whether you’re looking to hire a new member for your finance team, or someone to head the team in a c-suite position, or if you’re trying to find out what salary you could be earning, you can use Reed’s guide for reassurance.
We are currently experiencing a demand for a broader spectrum of skills within the sector. While fully-qualified accountants remain sought after, there is a growing trend towards a more adaptable workforce, encompassing part-qualified accountants, those qualified by experience (QBE), and transactional accountants capable of efficiently managing specific tasks.
Finance Recruitment Expert, Reed
Why download Reed’s 2024 accountancy and finance salary guide?
It’s the most trusted accountancy and finance salary guide in the UK.
The guide provides you with the average UK salaries for roles across industry over the last three years, give you a projection for 2025, and compare average salary growth – highlighting the impact of inflation since 2016. Using graphs and visuals, we point out some of the largest salary increases across each region, as well as those roles in which salaries continue to climb year on year.
On top of this, our accountancy and finance UK salary checker features insights from our specialism experts and regional management team. With rich data at your fingertips, you can ensure you are best informed to make the right choices.
How can the Reed salary guides help with my benefits/rewards benchmarking?
As part of our suite of annual salary guides, we surveyed 5,000 UK workers, in November 2023, to help further inform you. You can read the full highlights in the ‘Our survey says’ section of the guide.
Key findings from our research include:
One-in-four professionals are feeling unhappy with their current salary
Only half of respondents feel confident they will achieve their comfortable salary at some point
Three-in-10 say they don’t receive any workplace benefits at all
The three most common benefits received are: flexi time (20%), a company pension higher than the required amount (18%), and an annual salary increment (18%)
Workers' top-three desired benefits are: an annual salary increment (45%), a four-day working week (36%), and flexi time (36%).
To help you make an informed choice on all things UK salary and benefits, download our free accountancy and finance salary guide using the button above.
