ACCOUNTANTS and finance workers will see strong pay growth this year, even as the wider jobs market remains sluggish, according to research out today from recruiters Robert Half.
Changes like the introduction of pensions autoenrolment and a move towards global financial reporting and regulation means firms of all sizes are demanding more skilled finance staff.
In particular those with change management experience and skills in implementing new systems can command higher pay.
Seventy-eight per cent of chief finance officers told the recruiter they have trouble finding suitable staff and can often not hire as many as they would like – putting more pressure on employed accountants and driving up wages.
The biggest rise this year will be seen in credit control roles in small firms, where the average salary is expected to rise 3.8 per cent on the year, with a salary range of £17,500 to £24,000. Meanwhile the staff at the top – chief finance officers of large firms – are expected to see a much smaller rise of 1.5 per cent to between £75,000 to £130,000.