2015 Accounting & finance salary trends in London

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© Robert Half. An Equal Opportunity Employer. 2015 London Salary & Hiring Trends The latest information for accounting & finance professionals

Transcript of 2015 Accounting & finance salary trends in London

Page 1: 2015 Accounting & finance salary trends in London

© Robert Half. An Equal Opportunity Employer.

2015 London Salary & Hiring Trends

The latest information for accounting & finance professionals

Page 2: 2015 Accounting & finance salary trends in London

Hiring trends in accounting & finance

Salary & Hiring Trends: London2

Companies expanding existing teams and investing in new initiatives

Wanted: finance professionals skilled in budgeting, forecasting, margin analysis and cost efficiency

93% of London CFOs are bullish about the British economy and optimistic about business growth

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Shortages are a BIG issue

Salary & Hiring Trends: London3

Recruiting finance professionals is challenging

85% of London CFOs are experiencing skills shortages in accounting & finance

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Shortages are a BIG issue

Salary & Hiring Trends: London4

The top 3 reasons cited for the skills shortage

30%General demand

outweighing supply

40% Lack of niche,

technical experts

23% Lack of commercial

business skills

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Finance professionals need to be multi-talented

Salary & Hiring Trends: London5

QU

ALIFICATIONS

PROBLEM S

OLV

ING

CO

MM

ERCIAL AWARENES

S

ANALYTICAL SKIL

LS

CO

MM

UN

ICAT

ION SKILLS

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• Financial/business analysts

• Management accountants

• Commercial/finance business partners

• Finance managers, finance controllers

• Newly qualified accountants

Salary & Hiring Trends: London6

Permanent accounting & finance jobs in demand

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Temporary and interim accounting & finance jobs in demand

Salary & Hiring Trends: London7

• Systems and transformation finance experts

• Business/management information specialists

• Financial planning and analysis professionals

• Accounts assistants, credit controllers and purchase ledger clerks

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UK accounting & finance salaries

Salary & Hiring Trends: London8

63% of London CFOs plan to increase salaries in 2015 (average increase = 7%)

For a complete list of London salaries, visit www.roberthalf.co.uk/salary-calculator

Select salary increases in accounting & finance

Job title Company size 2014 London 2015 London % change

Commercial Financial ControllerSME £87,000 - £101,600 £90,300 - £106,100 4.1%

Large £90,900 - £108,700 £96,400 - £111,600 4.2%

Finance DirectorSME £78,400 - £127,000 £80,300 - £131,900 3.3%

Large £90,300 - £159,300 £97,700 - £161,900 4.0%

Compliance ManagerSME £68,000 - £80,300 £70,600 - £82,200 3.0%

Large £75,500 - £83,900 £76,400 - £88,400 3.4%

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UK accounting & finance salaries

Salary & Hiring Trends: London9

Select salary increases in accounting & finance (continued)

Job title Company size 2014 London 2015 London % change

Financial Planning & Analysis Manager

SME £78,400 - £86,100 £79,700 - £88,000 2.0%

Large £80,300 - £89,700 £81,900 - £91,600 2.1%

Financial Business PartnerSME £54,800 - £67,700 £58,400 - £69,300 4.2%

Large £57,700 - £70,000 £61,000 - £71,900 4.0%

Assistant AccountantSME £22,300 - £34,800 £22,900 - £35,500 2.3%

Large £28,700 - £40,300 £29,700 - £41,300 2.8%

Credit ControllerSME £22,300 - £31,600 £21,600 - £33,200 1.8%

Large £24,500 - £36,400 £25,500 - £36,800 2.1%

Purchase Ledger ClerkSME £20,000 - £31,000 £21,300 - £31,600 3.8%

Large £26,400 - £34,200 £26,800 - £34,800 1.6%

For a complete list of London salaries, visit roberthalf.co.uk/salary-calculator

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Bonuses & benefits

Salary & Hiring Trends: London10

Opinions are divided when it comes to remuneration strategies

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Bonuses & benefits

Salary & Hiring Trends: London11

6 out of 10 London CFOs are offering sign-on bonuses to attract talent

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Salary & Hiring Trends: London12

For more accounting and

finance salary and hiring trends,

download our full report at

roberthalf.co.uk/salary-centre