Monday 11 May 2015 11:32 am

Accountants' bonus pool rises by five per cent

Alright, so Tesco may have dumped PwC – but it's still a good day to be an accountant, after new research showed those working in the sector will get a share of almost £1.2bn this year, five per cent higher than the £1.1bn shared this time last year.

The research, by finance recruiter Marks Sattin, found the shared pot had jumped from just over £1.1bn last year, with the average bonus now standing at £10,733, 16 per cent of the average salary. 

The proportion of those getting a bonus also rose, from 53 per cent last year to 61 per cent, while basic salaries also rose 0.4 per cent (just beating inflation) to £67,083. Some 76 per cent said they reckon their salaries will increase again over the next year.

Dave Way, Marks Sattin's managing director, reckons accountants are "riding high on the back of the economic recovery".

"HR departments are acutely aware that as corporate performance ramps up demand for accountancy professionals is only going to increase, and bonuses are an extremely useful tool for attracting talent." Sweet.