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AVADO are proud to announce that we are the exclusive sponsors of the AAT 2017 Salary and Career Survey. Every two years the AAT conducts a survey of all its members to look at trends in the accountancy profession and the wider economy. Take a look at some highlights of this year’s findings below:
Salaries
The AAT found that Student and Affiliate members’ salaries have increased by 2% and 5% respectively since the last survey in 2015, though Full and Fellow members’ pay is down by 4% on two years ago. Despite this, Full and Fellow members still enjoy significantly higher salaries than those with lower levels of membership.
They are also more likely to receiver higher bonuses: the average bonus for an Affiliate member is £600, while for a Full member it is £1,000. Across all members working full time the likelihood of receiving a bonus has increased, though, up to 33% from 2015’s 26%.
Job security
In a time where many occupations are under threat of disruption or even obsolescence thanks to technology, accountancy remains a strong career for job security. 83% of those surveyed said they felt very or quite secure in their jobs. Most AAT members, 75% were looking to stay with their current employer over the next year, and among those over 55% this rises to 81%.
Training
77% of students surveyed agree that studying for an AAT qualification has increased their earning potential, making an AAT qualification a sound investment. However, only 65% of respondents said that their company provides opportunity for training, meaning there is still some way to go in order to get everyone within the profession working to their full potential.
If you’d like to read the 2017 AAT Salary and Career Survey in full you can find it here. If you’re interested in learning more about any of our AAT courses, give us a call on 020 7173 5664.
George Ferguson
George Ferguson is a Marketing Executive at AVADO. His work primarily focuses on looking after the marketing for AVADO's Accounting and Finance courses across AAT and ACCA. George also writes copy for everything from adverts and emails to web pages and brochures, ensuring that his writing skills are always being put to good use.