Hi all,

I read something interesting today:

Recent research has shown that the gender pay gap in senior accountancy jobs is on the rise. Apparently, the average basic salary for a male chartered accountant over 45 is £98,400, which is 60% more than their female colleagues earn - around £60,500 on average.

Interestingly, this pay gap is not as pronounced among younger accountants. Under the age of 30, female accountants currently earn arouns £47,300, while males in the same position get only 4% higher than that – around £49,300. 

As unfair as this is, I wonder why this has happened?

more to the point, why do i not earn anywhere near this average?

Wouldn’t it be nice if that was the average for all of us? Hehe!

Maybe thats just a particular companies salaries or something? I know loads of accountants under 30 and barely any of them are making that much money? Or could it be City salaries? There has to be some sort of determining factor here?

Good point! I’m not sure where this research was done?

There’s clearly a massive earnings gap between the “average” accountant and all the rest of us :(

  Haha yes definately something going amiss somewhere in this “research”!!!!

I would love to have a job where I could earn like that but sadly I do not think it something that will happen anytime soon to be honest! Especially now with the recession!

Right, I just did a little research of my own and went onto a few job sites and it looks like there are some senior professionals who can expect to earn these types of salaries, but the average is more in the region of £35000 - £40000 per annum. However, according to an online salary checker, a qualified accountant with six years of experience should be earning in the region of £60000. How can there be a such a big gap? Supply and demand?

Hey Jerushah that is very interesting and definately seems more accurate to me! Either the salary checker needs to be updated or salaries have severely slumped in the last few years? In which case the salary checker still needs to be updated lol!

Its crazy isn’t it? To think that that is what is the expected salary!!!!

As you say Salina, that salary checker definitely needs to be updated! What upsets me is that I didn’t realise that pay packets in our industry were being slashed by so much! I knew they weren’t growing, but I thought they were simply frozen, not decreasing :(

Maybe they have never been that high except for the very few who are on that much and it was there that those bands were decided?

Hmmmm….. Hehe!

Surely not ?!? I am still holding onto the hope that if I work hard enough at my job and concentrate on climbing the ladder, then I will eventually earn that kind of salary They must have gotten those numbers from somewhere. Or maybe I’m just naive?

Jerushah - March 26 2010 02:37 AM

Surely not ?!? I am still holding onto the hope that if I work hard enough at my job and concentrate on climbing the ladder, then I will eventually earn that kind of salary They must have gotten those numbers from somewhere. Or maybe I’m just naive?

Here’s to hoping