Pay packages for Leinster-based accountants rise 6 per cent

Leinster accountants have received a pay increase of more than 6% this year, bringing the average salary to €119,270.

This corresponds to an increase of around €7,000 compared to 2021.

The survey of more than 1,000 accountants found that 86 percent of members had received a raise in the past three years.

More than a third of those surveyed in Leinster also said their salaries had increased by more than a quarter this year alone.

Career entrants received an average salary package of €58,967. This meant an increase of more than 3 percent compared to the previous year.

The surveyed auditors continue to be optimistic about the future, with 83% expecting wages to rise again next year. Almost a fifth believe their salary will increase by more than 10%.

Fewer members expect a bonus this year compared to last year, with 60 percent expecting to receive a bonus in 2022. This means a decrease of 7 percent compared to 2021.

The accountants surveyed also indicated that hybrid working remains the cheapest, with nearly three quarters splitting their time between home and the office. The survey also found that 13 percent work full-time from home.

“While expectations around bonus payments have eased somewhat, overall compensation packages are increasing across the board and the vast majority of respondents remain confident that salaries will rise again in the coming year and that the market will be buoyant,” said Ann-Marie Costello, Chair of the Chartered Accountants Ireland Leinster Society.

“We are now seeing clear evidence that flexible and hybrid working are becoming embedded norms in the workplace, with nearly three quarters of respondents rating their employers as ‘good’ or ‘very good’ at adapting to new regulations,” added Elaine Brady, managing partner, added to the Barden HR consultancy.

https://www.independent.ie/business/irish/salary-packages-for-leinster-based-accountants-rise-by-6pc-41968237.html Pay packages for Leinster-based accountants rise 6 per cent

Fry Electronics Team

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