Have contractor accountants received pay rises this year?

A new survey from Robert Walters shows that 50% of accountants have received a salary increase this year. Of those who have seen their salary rise, 41% received an increase in excess of 5%.

The Accountancy Pay and Compensation survey also showed that more than 60% of accountants have received a bonus this year and for most of them that bonus topped 10%.

Furthermore, the recruitment consultancy’s survey discovered that 63% of the accountants who responded to the survey had changed jobs in the last two years.

Meanwhile, the Cranfield School of Management says that organisations need to do more to make sure women are fairly represented on company boards.

Six months after the Davis review recommended that 33% of new board positions should go to women, Cranfield discovered that 72 out of a possible 93 new board appointments have been awarded to men. At 77.5%, male board representation is still too high.

The Davis review also recommended that by 2015 FTSE 100 companies should have 25% female board members. However, only 33 of these companies have set themselves targets to increase female representation. Rolls Royce and Lloyds Banking Group have committed to adding between 20% and 23% more females but the majority of other FTSE 100 companies do not seem to be heeding the Davis targets.

KPMG has significantly increased the number of females in senior management roles. The accounting firm has made internal appointments of 88 new directors and 29 new partners and 30% of those directors and 24% of the partners are female.

KPMG expects to continue its external recruitment drives and said that over the next three years it plans to take on around 3,000 school leavers and graduates.

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