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Salary survey 2012/13

in association with

The CA magazine Salary Survey, with recruitment specialists Wilkinson & Associates, polled more than 1,500 ICAS members in December 2012/January 2013 asking them about salaries, work/life balance and attitudes. See the full 2012/13 survey in The CAs February 2013 issue or read it online at icas.org.uk/theCA/
sectors covereD in the survey

accountancy practice31% consultancy/other professional services 6% financial services/banking 23% oil anD gas 11% other private sector 14% central/ local government 2% other not-for-profit 4% other 9%
austerity measures being taken
Pay freeze no increases in basic pay Frozen bonus levels Reduced bonuses Bonuses scrapped or suspended sabbaticals reduced pay sabbaticals no pay Reduced working hours/days voluntary Reduced working hours/days compulsory 2012/13 34% 13% 38% 15% 2% 3% 7% 2% 2011/12 29% 9% 32% 13% 3% 4% 8% 3%

meDian salary ranges by job title


partner/principal (practice) sole practitioner 2-9 partners 10-49 partners 50+ partners (non-Big Four) Big Four Director (practice) 2-9 partners 10-49 partners 50+ partners (non-Big Four) Big Four manager (practice) 2-9 partners 10-49 partners 50+ partners (non-Big Four) Big Four managing director Private company <50 employees Private company 50-249 employees Private company 250+ employees Publicly-listed company finance director/cfo Private company <50 employees Private company 50-249 employees Private company 250+ employees Publicly-listed company Public sector Voluntary sector/not-for-profit financial controller Private company <50 employees Private company 50-249 employees Private company 250+ employees Publicly-listed company Public sector Voluntary sector/not-for-profit manager (industry/commerce) Private company <50 employees Private company 50-249 employees Private company 250+ employees Publicly-listed company Public sector Voluntary sector/not-for-profit k 71-80 101-150 101-150 101-150 300+ k 71-80 61-70 61-70 101-150 k 41-50 41-50 51-60 51-60 k 101-150 151-200 151-200 300k+ k 71-80 91-100 101-150 201-299 61-70 61-70 k 41-50 61-70 71-80 81-90 51-60 41-50 k 31-40 51-60 51-60 61-70 41-50 51-60

non-salary benefits
Does your organisation allow you to choose from a menu of benefit options?
Yes 50%

have the non-salary benefits in your organisation been extenDeD or reDuceD in the last five years?
Dont know 12% Extended 20%

No 45% Dont know / Not applicable 5%

Reduced 11%

Stayed about the same 57%


Scrapped or reduced benefits include: pension benefits reduced, payment of professional subscriptions scrapped, reduced health insurance benefits, withdrawal of free bank accounts with benefits, gym membership scrapped, share scheme reduced or terminated.

top ten employee benefits


1 Pension: money purchase 55% 2 Private healthcare 3 commission or bonus 4 health insurance 5 >25 holidays per year 7 training/support 8 car allowance 9 share schemes/options 10 Pension: stakeholder 50% 44% 37% 35% 30% 30% 20% 18%

benefits trenDs 3 going up 2012/13 2011/12 Private healthcare 50% 42.5% Pension: money purchase 54.7% 47.9% ability to buy and sell annual leave 33.2% 26.8% 3 going Down Pension: other Free fuel subsidised computers 2012/13 2011/12 4.6% 7% 4.6% 5.9% 2.2% 3.4%

6 ability to buy/sell holidays 33%

are you interesteD in working overseas, now or in the future?

Yes no Dont know

35% 52% 13%

Do you think opportunities are equal for men anD women within your organisation?
All Yes 77% no men have more opportunities 15% no women have more opportunities 2% Dont know/not applicable 6% Men 84% 8% 3% 4% Women 65% 27% 0% 8%

age of the cas in our survey


25 or under 26-30 31-35 36-40 41-45 46-50 51-55 56-60 60+ 2% 29% 23% 9% 12% 8% 9% 7% 2%

Do you think opportunities are equal for men anD women within the accountancy profession as a whole?
All Yes 57% no men have more opportunities 29% no women have more opportunities 1% Dont know/not applicable 13% Men 70% 16% 1% 13% Women 38% 49% 0% 13%

location of the cas in our survey


London England & wales (excl London) Lothian, Borders & central Glasgow & west of scotland Grampian highlands & islands south west scotland tayside other 20% 16% 23% 20% 13% 3% 1% 3% 1%

Do you think that publicly-listeD companies shoulD be requireD to ensure that a DefineD percentage of their boarD members is female?
Yes no Dont know All 15% 80% 5% Men 8% 88% 4% Women 25% 69% 7%

contracteD hours
Less than 25 hours 25-34 hrs 35-44 hrs 45-54 hrs 55-64 hrs 65 hours or more 4% 5% 90% 1% 0.1% 0.2%

53% of responDents work more than 44 hours in a typical week 21% of organisations encourage staff to use their skills for pro bono work

how many hours Do you actually work?


Less than 25 hours 25-34 hrs 35-44 hrs 45-54 hrs 55-64 hrs 65 hours or more 3% 4% 41% 39% 9% 4%

Does your workplace take part in, or encourage, any of the following
Raising money for good causes Pro bono work Volunteering (own time) Volunteering (work time) 95% 21% 44% 52%

The CA iS The mAgAzine of iCAS


icas is a professional body for around 19,000 world class business men and women who work in the UK and in more than 100 countries around the world. our members have all achieved the internationally recognised and respected ca qualification (chartered accountant). we are an educator, examiner, regulator, and thought leader.

find ouT more AT www.iCAS.org.uk

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