2015 accounting & finance salary trends in birmingham
TRANSCRIPT
© Robert Half. An Equal Opportunity Employer.
2015 Birmingham Salary & Hiring Trends
The latest information for accounting & finance professionals
Hiring trends in accounting & finance
Salary & Hiring Trends: Birmingham2
Companies expanding existing teams and investing in new initiatives
Wanted: finance professionals skilled in budgeting, forecasting, margin analysis and cost efficiency
88% of Midlands CFOs are bullish about the British economy and optimistic about business growth
Shortages are a BIG issue
Salary & Hiring Trends: Birmingham3
Recruiting finance professionals is challenging
90% of Midlands CFOs are experiencing skills shortages in accounting & finance
Shortages are a BIG issue
Salary & Hiring Trends: Birmingham4
The top 3 reasons cited for the skills shortage
33%General demand
outweighing supply
33% Lack of niche,
technical experts
25% Lack of commercial
business skills
Finance professionals need to be multi-talented
Salary & Hiring Trends: Birmingham5
QU
ALIFICATIONS
PROBLEM S
OLV
ING
CO
MM
ERCIAL AWARENES
S
ANALYTICAL SKIL
LS
CO
MM
UN
ICAT
ION SKILLS
• Financial/business analysts
• Management accountants
• Commercial/finance business partners
• Finance managers, finance controllers
• Newly qualified accountants
Salary & Hiring Trends: Birmingham6
Permanent accounting & finance jobs in demand
Temporary and interim accounting & finance jobs in demand
Salary & Hiring Trends: Birmingham7
• Systems and transformation finance experts
• Business/management information specialists
• Financial planning and analysis professionals
• Accounts assistants, credit controllers and purchase ledger clerks
UK accounting & finance salaries
Salary & Hiring Trends: Birmingham8
48% of Midlands CFOs plan to increase salaries in 2015 (average increase = 8%)
For a complete list of Birmingham salaries, visit www.roberthalf.co.uk/salary-calculator
Select salary increases in accounting & finance
Job title Company size 2014 Birmingham 2015 Birmingham % change
Commercial Financial ControllerSME £62,600 - £73,000 £65,000 - £76,300 4.1%
Large £65,400 - £78,200 £69,400 - £80,300 4.2%
Finance DirectorSME £56,400 - £91,400 £57,800 - £94,900 3.3%
Large £65,000 - £114,600 £70,300 - £116,500 4.0%
Compliance ManagerSME £49,000 - £57,800 £50,800 - £59,200 3.0%
Large £54,300 - £60,300 £55,000 - £63,600 3.4%
UK accounting & finance salaries
Salary & Hiring Trends: Birmingham9
Select salary increases in accounting & finance (continued)
Job title Company size 2014 Birmingham 2015 Birmingham % change
Financial Planning & Analysis Manager
SME £56,400 - £61,900 £57,300 - £63,400 2.0%
Large £57,800 - £64,500 £58,900 - £65,900 2.1%
Financial Business PartnerSME £39,400 - £48,700 £42,000 - £49,900 4.2%
Large £41,500 - £50,300 £43,900 - £51,700 4.0%
Assistant AccountantSME £16,000 - £25,100 £16,500 - £25,500 2.3%
Large £20,600 - £29,000 £21,300 - £29,700 2.8%
Credit ControllerSME £16,000 - £22,700 £15,500 - £23,900 1.8%
Large £17,600 - £26,200 £18,300 - £26,400 2.1%
Purchase Ledger ClerkSME £14,400 - £22,300 £15,300 - £22,700 3.8%
Large £19,000 - £24,600 £19,300 - £25,100 1.6%
For a complete list of Birmingham salaries, visit www.roberthalf.co.uk/salary-calculator
Bonuses & benefits
Salary & Hiring Trends: Birmingham10
Opinions are divided when it comes to remuneration strategies
Bonuses & benefits
Salary & Hiring Trends: Birmingham11
7 out of 10 Midlands CFOs are offering sign-on bonuses to attract talent