Audit and risk professionals to score top earnings in 2010
- Employee remuneration systems will change over the next few years
- Despite this, accountants' earnings will continue to rise steadily
- Audit, risk and financial control are three key areas where salaries will grow
- Regional financial centres will also see increased earnings for finance professionals
Salaries in the accounting and finance sector will rise steadily this year, with audit, risk and financial control leading the charge of top earners.
Given last year’s economic turmoil you’d be forgiven for thinking that earnings in the accounting and financial services sector were headed for a dip in 2010, but this isn’t the case according to the Recruitment & Employment Confederation.
The organisation’s most recent profile of the sector suggested that while patterns of reward and remonetisation were expected to change over the next few years, an increased focus on financial control in 2010 will ensure that accountants’ earnings continue to rise steadily.
Trainee accountants typically take home around £20,000 p.a. or more at some larger firms, and once qualified can earn up to £35,000 in the UK regions and £40,000 in London, said the REC. Leading players below partner level typically receive in the region of £100,000.
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