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The results of the Marks Sattin
2012 Salary Survey are in.
With responses from over 1,500 accountancy, finance
and advisory professionals from across the UK, our
latest market report is the most comprehensive of its
kind!

As a means of introducing this report, we have picked
out a taster of some of our headline findings this year.
SALARIES
                                                                                        £59,900
    13,5%
                                                                                        in 2012



     The amount of salary increase UK

                                                £54,300
                                                                             Basic pay for Accountants has risen
     accountants hoped for last year
                                                                             to an average £59,900 per annum,
                                                in 2011                      from £54,300 last year.




    10%
     The amount they had to accept -
                                                                        £70,000       Despite that, Accountants’
                                                                                      optimism has grown in
                                                                                      2012 as they expect
                                                                        £65,000
     still almost seven times larger than                                             their pay to increase by
     the national average                                                             14.2%. If this is correct,
                                                                                      accountants will receive an
                                                                        £60,000
                                                                                      average salary of £68,400
                                                                                      in 2013.
                                                                        £55,000
                                                2011      2012   2013




To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
NEW ROLES

     96%
                        of those surveyed considered
                        the role of a recruitment
                        agency or head-hunter the                                  More than
                        'most important' factor when                               a third of resigning
                        seeking a new role                                         Accountants are being
                                                                                   made counter-offers of
                                                                                   on average 15% of salary
                                                                                   to stay put.




                          71%                                 51%                 of Accountants expect to
           of respondents would consider                                          take on a new role in the
           relocating to for a suitably attractive                                next 12 months.
           job opportunity in the next two years




To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
job security



                                                                              77%
     51% in 2011
                                     70% in 2012
                                                                of Accountants told Marks Sattin they felt the
                                                                economic prospects facing their company
                                                                were better than 2011.

    70% of respondents considered their current roles
    to be secure or very secure, compared to 58% last
    year. Accountants have become more confident in
    their ability to hold on to their jobs in the last year.




To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
bonus
                                                                    Despite the fall in the size of the bonus,

                      45%
                      of respondents received a bonus in 2011
                                                                    there was good news for Accountants as
                                                                    the proportion of professionals who received
                                                                    one rose to 73% from 71% last year.

                      despite the uncertain economic climate,
                      and 45% received an increase in
                      bonus from the previous year.




                        In the latest round
                                                                      71% in 2011
                                                                                             73%  in 2012
                        of bonus payments,
                        Accountants received
                        an average of 17.4% of
                        basic pay, compared to
                        19.2% a year earlier.
                                                                    £59,900
        19.2%                                    17.4%
                                                                    in 2012             This meant total annual
                                                                                        remuneration for those
           in 2011                                                                      who received bonuses
                                                 in 2012
                                                                    £54,300
                                                                    in 2011
                                                                                        rose 8.6% this year to
                                                                                        £70,300 from £64,800.



To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
This comprehensive and easy to read analysis
of recruitment within accountancy, finance &
advisory will help you better understand the
changing recruitment market across all salary
bandings in a number of market sectors.

Included in the report:

•	 Salaries and bonus levels broken down by sector
•	 Recruitment insights from leading organisations
•	  ey survey findings from over 1,500 accountancy, finance  advisory
   K
   professionals
•	 Insight into attracting the best candidates on the market
•	 Market Insight from specialist consultants
•	 Detailed breakdown of benefits available broken down by sector

If you are seeking to develop and grow your team or are simply interested in gaining
further market intelligence, this report will provide clear insight into compensation
trends and assist in benchmarking and forecasting for your team.



To receive a full copy of the final report please
email Dave Way, Managing Director at
dave.way@markssattin.com

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Marks Sattin Market Report 2012

  • 1. The results of the Marks Sattin 2012 Salary Survey are in. With responses from over 1,500 accountancy, finance and advisory professionals from across the UK, our latest market report is the most comprehensive of its kind! As a means of introducing this report, we have picked out a taster of some of our headline findings this year.
  • 2. SALARIES £59,900 13,5% in 2012 The amount of salary increase UK £54,300 Basic pay for Accountants has risen accountants hoped for last year to an average £59,900 per annum, in 2011 from £54,300 last year. 10% The amount they had to accept - £70,000 Despite that, Accountants’ optimism has grown in 2012 as they expect £65,000 still almost seven times larger than their pay to increase by the national average 14.2%. If this is correct, accountants will receive an £60,000 average salary of £68,400 in 2013. £55,000 2011 2012 2013 To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
  • 3. NEW ROLES 96% of those surveyed considered the role of a recruitment agency or head-hunter the More than 'most important' factor when a third of resigning seeking a new role Accountants are being made counter-offers of on average 15% of salary to stay put. 71% 51% of Accountants expect to of respondents would consider take on a new role in the relocating to for a suitably attractive next 12 months. job opportunity in the next two years To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
  • 4. job security 77% 51% in 2011 70% in 2012 of Accountants told Marks Sattin they felt the economic prospects facing their company were better than 2011. 70% of respondents considered their current roles to be secure or very secure, compared to 58% last year. Accountants have become more confident in their ability to hold on to their jobs in the last year. To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
  • 5. bonus Despite the fall in the size of the bonus, 45% of respondents received a bonus in 2011 there was good news for Accountants as the proportion of professionals who received one rose to 73% from 71% last year. despite the uncertain economic climate, and 45% received an increase in bonus from the previous year. In the latest round 71% in 2011 73% in 2012 of bonus payments, Accountants received an average of 17.4% of basic pay, compared to 19.2% a year earlier. £59,900 19.2% 17.4% in 2012 This meant total annual remuneration for those in 2011 who received bonuses in 2012 £54,300 in 2011 rose 8.6% this year to £70,300 from £64,800. To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com
  • 6. This comprehensive and easy to read analysis of recruitment within accountancy, finance & advisory will help you better understand the changing recruitment market across all salary bandings in a number of market sectors. Included in the report: • Salaries and bonus levels broken down by sector • Recruitment insights from leading organisations • ey survey findings from over 1,500 accountancy, finance advisory K professionals • Insight into attracting the best candidates on the market • Market Insight from specialist consultants • Detailed breakdown of benefits available broken down by sector If you are seeking to develop and grow your team or are simply interested in gaining further market intelligence, this report will provide clear insight into compensation trends and assist in benchmarking and forecasting for your team. To receive a full copy of the final report please email Dave Way, Managing Director at dave.way@markssattin.com