Accounting and Finance 2019 Salary Guide
Your guide to remuneration and recruitment trends in accounting and finance
The Robert Half Accounting and Finance 2019 Salary Guide is your comprehensive guide to competitive, confident hiring for the year ahead. Based on interviews with 200 CFOs, 100 CIOs, 300 hiring managers and 2,000 professionals from across the UK, it provides an extensive overview of the key trends affecting hiring in 2019.
Download the guide to get in-depth salary data and see:
- Discover the salaries you should offer to your new accounting and finance employees
- Explore the specialist skill sets that are hot in demand
- Find out the hiring market trends specific to accounting and finance
- Benchmark your retention and training strategies for your finance department
Hiring speeds are key to winning the war for talent in accounting and finance
The skills shortage has sparked fierce competition for top performers in accounting and finance. According to 40% of CFOs, it has become 'significantly more challenging' to find qualified professionals. With multiple offers on the table, speed will become key in securing first-choice candidates.
Skill sets will evolve in the coming months
Automation and digitisation initiatives are triggering an evolution in accounting and finance skill sets. CFOs have shifted focus towards hiring for soft skills like communication, collaboration and adaptability.
Temporary hiring gathers momentum
In 2019, 38% of UK organisations said they planned to hire temporary or interim staff to fill the skill gaps in their teams. Financial management, accounting and credit management are the most popular roles being hired into.
As the war for talent is expected to intensify, employers are embracing two main solutions to attract, secure and retain the right talent in these conditions: faster hiring times and flexible hiring strategies, and competitive remuneration packages.
Matt Weston - UK Managing Director at Robert Half
Salaries by sector
Download the guide to access 2019 salary projections and the key recruitment trends affecting your sectors:
Demand for qualified professionals in financial services is high, this is especially true of asset management, real estate funds and graduate roles. A stronger emphasis is being placed on hiring for cultural fit, and many businesses are now relying on temporary employees to fill managerial roles.
The demands of the UK technology sector are outstripping the number of qualified professionals available on the hiring market. According to 79% of CIOs, it is a challenge to find qualified professionals now, compared to 5 years ago. To combat the issue, hiring managers are increasing remuneration levels and leveraging counter offers. Find out more.
Support HR and administrative roles are more important than they’ve ever been. Emphasis is being placed on employee-centric business approaches and positive work experiences, both of which require a robust HR and administrative team. Performance-based bonuses and benefits are being awarded to qualified professionals.
The introduction of technology to link marketing spend and business development has propelled businesses to hire for digital skills and commercial acumen. Marketing and creative professionals have stated that an attractive starting salary is key factor to accepting a role.