Practice Salary Guide 2015

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ACCOUNTANCY& FINANCE

SALARYPRACTICE

MARKETGUIDE &

INSIGHT2015/2016reedglobal.com/salaryguide

2

Drawing upon independent research, the report provides valuable insights into the attitudes and concerns of finance practice professionals in the UK today, as well as a comparison to the UK workforce’s outlook as a whole. It also includes a comprehensive set of salary figures that were compiled using data gained from Reed Accountancy and Reed Finance assignments, professionals registered with REED and in conjunction with reed.co.uk.

I hope this guide provides helpful insights and valuable guidance to assist you in dealing with the resourcing challenges our market may present this year.

Our specialist consultants are always happy to meet with you and discuss how we may be able to support you with your resourcing requirements. We can also answer any questions regarding local market expectations and the depth of the talent pool.

We look forward to working with you throughout 2015/2016.

Best wishes

Gert Nzimiro & Robert Russell Reed Accountancy & Reed Finance

Welcome to the Reed Accountancy & Reed Finance Practice Salary Guide and Market Insight 2015/2016. This is a comprehensive report containing useful reference material and guidance to assist you in the increasingly complex task of recruiting and retaining high-calibre finance talent.

Introduction

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Our Salary Guide and Market Insight report has been compiled using data from several sources, including:• Salary information from vacancies in the finance practice sector on reed.co.uk

• Salary information from a cross-section of finance practice professionals registered with Reed Accountancy, Reed Finance and reed.co.uk

• Assignments managed by Reed Accountancy and Reed Finance

All figures unless otherwise stated, are from YouGov Plc, with a total sample size of 1,629 workers, of which 111 work in practice roles. Fieldwork was undertaken between 9th-19th October 2014, with the survey carried out online.

The total sample included workers in the following sectors: property & construction, engineering, financial services, hospitality & leisure, marketing, media & communications, branding, retail, science & research. As well as workers in the following roles: accounting, advertising/direct marketing/PR, business development/sales, HR/recruitment, IT/technology, insurance, procurement/purchasing.

Total market breakdown was established then broken down into sectors, this guide covers finance practice.

Methodology

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Finance Practice Market Overview

The past year has seen the continuation of a sense of renewed confidence within the accountancy practice jobs marketplace. As the economy begins to strengthen once more, so firms are looking more proactively at rebuilding and adding experienced personnel to teams that have weathered recent recessionary times. This can be viewed as a time of opportunity for talented candidates with the right skill-set to secure attractive positions and, with it, lucrative packages.

Confidence Returns and Activity Is Up Increased confidence levels within the hiring market are having a knock-on effect across the finance practice sector. Higher volume of overall vacancies, more active candidates and increasing examples of candidate counter offers, mean both employers and employees are being affected by developing activity levels. However the overall number of candidates actively seeking new positions has not increased dramatically over the past twelve months, and there continues to be candidate shortages from the Practice talent pool across all service lines.

New Challenges for EmployersThe increasing dynamics in the sector present tangible staff-related challenges for employers, especially as the jobs market moves back to being more candidate driven. Retaining existing talent as opportunities arise elsewhere, as well as attracting new personnel, are set to become critical issues for many practices going forward. To counter this movement, firms will need to address job flexibility and remuneration strategies in order to hold on to experienced staff and become a company of choice for in-demand talent seeking new positions. With the general growth in demand for key-level candidates, standing out from the crowd will become increasingly important for practices driving a strategy for growth.

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Finance Practice Market Overview

A Strong Enough Talent Pool?A candidate shortage is compounding issues as an increased focus on internal audit and compliance staff begins to take hold. Likewise, candidates for tax and accounts positions are being sought, as well as for external audit roles, and a shortage of candidates in these areas is causing pressures. The lack of appropriately skilled and experienced candidates is also reinforced as available talent is attracted to opportunities within industry and commerce, meaning suitably talented personnel is lost from the practice sector. Allied to reduced investment over recent years in graduate and training packages to supply the next generation, there is now a lack of candidates at senior and assistant levels across most practice departments. It is expected that this shortage will continue to have an upward impact in years to come with a predicted shortage of associate directors apparent within the next five years.

Solid FoundationsThe renewed vigour across the sector is translating into many exciting career opportunities within the practice environment. It offers a good, defined career path and can lay solid foundations to facilitate a move sideways into larger companies, for example transferring to a business consultancy role.

Help YourselfAs competition to secure quality candidates, or to acquire an enticing new role hots up, candidates and employers must be mindful of how best to position themselves. Prospective candidates need to ensure they highlight achievement and impact within previous roles and clearly demonstrate to a firm how they can add value. In particular, drawing attention to relevant audit experience within a CV would be a positive move as this remains a key and much sought-after skill.

For employers, attractive and competitive packages and benefits are a pre-requisite. But attention must also focus upon areas such as career progression planning as candidates will be weighing up this factor when they compare organisations. Companies should look to keep in touch with recruiters to remain at the top of the pile when it comes to talent they may come across. Quick decision-making is also a key requirement if attractive candidates are not to be snapped up by offers elsewhere. Finally, as the available talent pool becomes stretched, employers should look closely at development and training support in order to retain staff, as well as being able to mould new staff members who may not have all the desired skills on joining. With the right support they could prove to be a valuable asset in years to come.

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62%

5 TIMES

3 TIMESTWICE 4 TIMESONCE

7 TIMES

NEVER

6 TIMES 8-10 TIMES

>10 TIMES

34%

The changing workplace

I was offered a promotion/better

prospects elsewhereI was offered a better

salary elsewhere

2%Don’t know/ can’t recall

9%I clashed with my previous boss/

colleagues

24%I was bored with my role

11%Other

8%The company benefits of the new employer were

better

32%I wanted to

move location

19%There is/was an improved

work/life balance at my new employer

We asked finance practice professionals how many times they had changed their employer.

We asked those who changed their employer what the main reason(s) for their change was.

DON’T KNOW/ CAN’T RECALL

4%9%

8%

19%

18% 11%9%

4%

7%

9% 2%

7

Good salary and benefits

22%

Good job security

8%The

company culture

6%

48%

28%

No, and I don’t plan to in the future

43%

57%

Yes, I have

9%15%

No, but I plan to in the future

The changing workplace 16%

of finance practice professionals are either Unsatisfied or Very Unsatisfied in their current roles.

15% of finance practice professionals are actively looking for another job.

Colleagues/ boss that I get on with

4%

FINANCEPRACTICE

ALL SECTORS

Good job satisfaction

18%

We asked those in the accounting & finance practice sector which one of the following they would say is the most important aspect of their working life.

Asking people to think about their working life, we asked finance practice professionals whether they

had ever changed* their career path.

*By changing career we mean changing the sector in which someone works

A good work/life balance

(i.e. not having to work too many hours)

42%

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A PAY RISE

48%

STAFF ENTERTAINMENT(e.g. seasonal company parties, away days etc.)

33%

A BONUS

12%

I have not received any benefits from an employer in the last 12 months

NONE

55%

OTHER BENEFITS

4%

Not applicable - I have been self-employed for the last 12 months

N/A

13%

FORMAL TRAINING

32%

Neither agree nor disagree

Tend to agree

24%Strongly

agree

4%

Tend to disagree

29%

11%25% Don’t

know

7%

Strongly disagree

We asked finance practice professionals which of the following benefits they had received in the last 12 months*. More than one benefit could be chosen.

We asked those in the accounting & finance practice sector to what extent they agreed or disagreed that there is currently a skills gap** within their organisation.

**By skills gap we mean the difference in the skills required within an organisation and the actual skills possessed by the organisation’s employees

*Since October 2013

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To browse, read and subscribe to any of our news streams, go to www.reedglobal.com/viewpoints

The aim is to bring you career profiles and views from the top across all our industries, as well as details on upcoming events and competitions relevant to you.

Industry InsightOur online hub of expertly crafted content provides insight and analysis for HR, recruitment and industry news.

Introducing Viewpoints

What should you be paying?Alongside our guides we also have an interactive salary & insight app, containing key stats for each industry and region, as well as useful tips and resources for both jobseekers and employers. To identify new trends, reward existing employees and attract your future teams, visit www.reedglobal.com/salaryguide

Identify, Reward, Attract

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Audit & AssuranceSalary Figures

Assistant Manager

AAT/CAT Foundation/Intermediate

Senior (newly qualified)

Senior Manager

1st Year Trainee (ACA, ACCA)

Director/Partner

PQ (ACA, ACCA)

Manager

AAT/CATQualified

MIN MAX MIN MAX MIN MAX MIN MAX MIN MAX

SOUTH COAST £66,300 £87,800 £38,600 £57,800 £30,900 £45,300 £32,600 £39,400 £28,500 £34,300

SOUTH EAST £72,400 £100,000 £46,300 £72,300 £36,600 £53,000 £33,600 £46,100 £39,200 £41,200

SOUTH WEST £62,300 £90,600 £43,400 £58,000 £34,700 £45,400 £31,700 £38,500 £27,400 £35,300

HOME COUNTIES £78,200 £120,000 £45,800 £65,200 £40,400 £55,200 £35,000 £45,100 £32,800 £38,500

OUTER LONDON £77,200 £125,800 £57,800 £77,100 £48,200 £58,400 £39,600 £49,100 £36,100 £40,300

CENTRAL LONDON £91,700 £200,000 £62,700 £84,200 £51,800 £63,400 £45,300 £52,400 £39,200 £46,100

EAST ANGLIA £61,400 £115,800 £42,100 £58,100 £35,600 £43,300 £32,900 £40,000 £31,600 £38,000

MIDLANDS £65,600 £139,600 £40,500 £65,600 £34,700 £49,100 £30,700 £40,300 £26,500 £36,300

WALES £55,600 £85,300 £40,700 £55,600 £35,900 £51,600 £25,900 £37,700 £22,300 £32,500

YORKS & HUMBERSIDE £77,200 £96,500 £48,200 £62,700 £38,500 £48,200 £30,700 £38,400 £29,400 £34,300

NORTH EAST £66,200 £96,500 £43,200 £62,700 £38,500 £48,200 £30,700 £38,400 £29,400 £34,300

NORTH WEST £67,600 £115,800 £40,500 £57,800 £33,700 £43,300 £30,700 £40,500 £25,500 £35,300

SCOTLAND & NI £62,700 £96,500 £53,000 £62,700 £35,300 £50,000 £31,500 £43,200 £23,375 £30,150

MIN MAX MIN MAX MIN MAX MIN MAX

SOUTH COAST £22,000 £32,000 £17,000 £23,000 £16,000 £21,000 £13,000 £19,000

SOUTH EAST £25,000 £30,000 £19,000 £25,000 £16,000 £21,000 £12,000 £18,000

SOUTH WEST £24,000 £30,000 £20,000 £24,000 £18,000 £22,000 £14,000 £19,000

HOME COUNTIES £23,000 £36,000 £17,000 £26,000 £19,000 £23,000 £14,000 £18,000

OUTER LONDON £23,000 £32,000 £19,000 £25,000 £17,000 £23,000 £13,000 £22,000

CENTRAL LONDON £25,000 £37,000 £21,000 £28,000 £19,000 £25,000 £15,000 £23,000

EAST ANGLIA £22,000 £29,000 £15,500 £22,500 £17,500 £20,500 £12,500 £17,500

MIDLANDS £20,000 £32,000 £15,000 £22,000 £18,000 £21,000 £13,000 £19,000

WALES £22,000 £28,000 £14,000 £21,000 £16,000 £20,000 £12,000 £17,000

YORKS & HUMBERSIDE £21,000 £29,000 £16,000 £19,000 £14,000 £19,000 £12,000 £17,000

NORTH EAST £21,000 £29,000 £16,000 £19,000 £15,000 £19,000 £12,000 £16,000

NORTH WEST £22,000 £32,000 £16,000 £20,500 £16,000 £20,000 £12,000 £16,000

SCOTLAND & NI £22,700 £31,240 £14,620 £18,560 £16,200 £20,200 £14,000 £17,000

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Audit & AssuranceSalary Figures

Personal TaxSalary Figures

Assistant Manager

ATT Foundation/Intermediate

Senior (newly qualified CTA/ACA/ACCA)

Senior Manager

1st Year Trainee (ACA/ACCA)

Director/Partner

PQ(ACA/ACCA)

Manager

ATT Qualified(nearly qualified)


SOUTH COAST £61,100 £100,900 £42,900 £61,300 £34,900 £50,000 £30,800 £43,000 £25,800 £33,000

SOUTH EAST £70,700 £130,000 £48,600 £74,900 £38,600 £55,800 £34,700 £50,000 £33,000 £41,200

SOUTH WEST £60,500 £110,700 £45,500 £70,600 £37,600 £54,600 £30,700 £46,800 £28,900 £37,000

HOME COUNTIES £70,700 £120,000 £50,700 £70,900 £40,600 £59,000 £33,800 £49,100 £28,900 £37,100

OUTER LONDON £81,800 £150,000 £61,300 £82,900 £49,700 £62,800 £39,600 £50,100 £33,400 £41,600

CENTRAL LONDON £94,800 £250,000 £66,800 £100,000 £52,800 £71,000 £45,800 £54,200 £36,000 £46,300

EAST ANGLIA £71,300 £121,400 £50,600 £72,500 £40,300 £57,000 £33,200 £44,800 £24,500 £35,300

MIDLANDS £70,700 £120,300 £45,500 £70,900 £39,600 £55,800 £31,700 £40,800 £27,700 £37,100

WALES £55,400 £95,500 £38,400 £57,500 £32,500 £43,600 £28,600 £40,800 £22,700 £31,800


NORTH EAST £70,800 £110,000 £45,700 £65,800 £37,600 £51,800 £32,700 £40,900 £26,900 £36,100

NORTH WEST £60,600 £115,000 £42,500 £67,700 £35,600 £54,600 £30,700 £39,800 £26,800 £36,900

SCOTLAND & NI £65,700 £101,000 £43,900 £56,100 £34,800 £47,500 £30,200 £37,600 £26,900 £33,750


SOUTH COAST £22,000 £32,000 £17,000 £23,000 £17,000 £21,000 £13,000 £19,000

SOUTH EAST £24,000 £32,000 £17,000 £23,000 £16,000 £21,000 £13,000 £19,000

SOUTH WEST £23,000 £30,000 £17,000 £23,000 £15,000 £18,000 £14,000 £16,000

HOME COUNTIES £24,000 £34,000 £18,000 £25,000 £18,000 £22,000 £14,000 £19,000

OUTER LONDON £24,000 £34,000 £17,000 £23,000 £17,000 £25,000 £14,000 £22,000

CENTRAL LONDON £25,000 £36,000 £19,000 £24,000 £19,000 £26,000 £16,000 £22,000

EAST ANGLIA £20,000 £28,000 £14,500 £22,500 £15,000 £18,000 £13,500 £15,500

MIDLANDS £22,500 £31,000 £15,000 £23,500 £17,000 £21,500 £13,000 £19,000

WALES £22,000 £28,000 £16,000 £22,000 £14,000 £18,000 £13,000 £15,000


NORTH EAST £21,000 £29,000 £16,000 £21,500 £14,000 £20,000 £12,000 £17,000

NORTH WEST £22,000 £30,000 £16,000 £21,500 £15,000 £20,000 £12,000 £17,000

SCOTLAND & NI £23,320 £30,740 £14,750 £18,750 £14,450 £20,200 £13,200 £16,700

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Corporate & Indirect TaxSalary Figures

Assistant Manager


Senior (newly qualified CTA/ACA/ACCA)

Senior Manager

ATTFoundation/Intermediate

Director/Partner

ATT Qualified (newly qualified)

Manager

PQ(ACA/ACCA)


SOUTH COAST £65,900 £101,400 £49,000 £66,300 £42,700 £64,100 £33,700 £42,900 £28,800 £37,000

SOUTH EAST £80,300 £120,500 £50,500 £75,800 £48,800 £66,000 £38,800 £51,100 £32,900 £41,200

SOUTH WEST £65,200 £115,300 £50,400 £77,500 £41,600 £55,600 £34,600 £45,700 £26,800 £37,900

HOME COUNTIES £82,300 £130,500 £62,800 £83,800 £50,300 £63,700 £38,700 £43,400 £34,000 £40,100

OUTER LONDON £80,300 £150,500 £63,800 £82,100 £48,700 £67,200 £40,200 £51,000 £36,000 £43,000

CENTRAL LONDON £90,000 £250,000 £70,000 £91,200 £55,400 £70,400 £45,000 £56,300 £38,400 £46,000

EAST ANGLIA £69,500 £115,400 £50,200 £73,800 £40,100 £58,300 £33,500 £46,700 £26,500 £37,800

MIDLANDS £80,300 £125,600 £49,400 £80,800 £42,600 £52,800 £33,700 £42,800 £25,700 £38,100

WALES £55,200 £90,200 £40,400 £57,400 £34,500 £47,500 £28,600 £37,700 £24,600 £33,800


NORTH EAST £80,300 £100,400 £50,500 £65,700 £40,600 £50,800 £32,700 £40,900 £27,900 £36,000

NORTH WEST £80,300 £120,500 £48,500 £75,600 £41,700 £51,700 £32,700 £41,800 £27,800 £35,000

SCOTLAND & NI £54,600 £91,500 £43,700 £65,700 £36,800 £51,200 £35,800 £46,000 £26,900 £33,500


SOUTH COAST £22,000 £32,000 £17,000 £23,000 £17,000 £21,000 £13,000 £19,000

SOUTH EAST £25,000 £32,000 £17,000 £23,000 £17,000 £21,000 £13,000 £19,000

SOUTH WEST £24,000 £30,000 £17,000 £23,000 £15,000 £18,000 £14,000 £17,000

HOME COUNTIES £24,000 £33,000 £19,000 £24,000 £17,000 £23,000 £15,000 £19,000

OUTER LONDON £23,000 £32,000 £18,000 £24,000 £17,000 £24,000 £13,000 £21,000

CENTRAL LONDON £25,000 £34,000 £20,000 £26,000 £18,000 £25,000 £16,000 £21,000

EAST ANGLIA £20,000 £26,000 £14,500 £21,500 £15,000 £18,000 £13,500 £16,000

MIDLANDS £21,000 £29,000 £16,000 £23,000 £17,000 £21,000 £13,500 £18,000

WALES £22,000 £28,000 £16,000 £21,000 £14,000 £17,000 £13,000 £15,000


NORTH EAST £21,000 £30,000 £16,000 £20,500 £14,000 £19,000 £12,000 £16,000

NORTH WEST £21,000 £30,000 £16,000 £21,500 £14,000 £17,000 £12,000 £17,000

SCOTLAND & NI £22,860 £29,740 £15,700 £19,750 £16,270 £21,200 £13,200 £16,700

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Corporate & Indirect TaxSalary Figures

Corporate FinanceSalary Figures

Assistant Manager

Senior (newly qualified)

Senior Manager/Assistant Director

1st Year Trainee (ACA, ACCA)

Director/Partner

Finalist (ACA, ACCA)

Manager


SOUTH COAST £63,000 £100,000 £45,000 £65,000 £39,000 £55,500 £32,000 £39,900 £25,000 £36,800

SOUTH EAST £72,800 £135,000 £53,800 £77,200 £43,600 £61,000 £37,000 £48,700 £33,400 £42,200

SOUTH WEST £70,500 £127,900 £48,000 £74,700 £41,900 £60,700 £35,200 £45,100 £30,400 £40,300

HOME COUNTIES £79,800 £137,500 £56,300 £80,400 £43,200 £63,100 £34,300 £46,000 £30,200 £44,000

OUTER LONDON £80,600 £135,000 £59,400 £82,100 £45,500 £62,200 £37,000 £52,000 £37,300 £44,100

CENTRAL LONDON £90,000 £300,000 £70,000 £96,000 £58,100 £72,100 £48,700 £59,200 £45,000 £50,200

EAST ANGLIA £73,600 £126,100 £56,600 £78,100 £48,300 £63,000 £37,000 £50,000 £31,000 £47,000

MIDLANDS £75,500 £138,200 £48,800 £78,100 £38,800 £53,300 £33,100 £42,000 £28,400 £36,300

WALES £58,800 £90,400 £37,200 £55,100 £29,100 £47,900 £28,400 £37,300 £23,600 £32,400


NORTH EAST £75,000 £135,800 £53,700 £66,400 £38,800 £53,300 £34,100 £43,800 £31,400 £37,200

NORTH WEST £72,600 £126,400 £47,900 £68,600 £38,800 £54,600 £34,100 £41,000 £29,400 £35,300

SCOTLAND & NI £67,900 £97,000 £53,700 £68,300 £41,600 £53,300 £34,100 £43,800 £28,300 £34,300

MIN MAX MIN MAX

SOUTH COAST £22,000 £32,000 £17,000 £23,000

SOUTH EAST £25,000 £32,000 £17,000 £23,000

SOUTH WEST £23,000 £30,000 £17,000 £23,000

HOME COUNTIES £24,000 £34,000 £19,000 £25,000

OUTER LONDON £24,000 £33,000 £18,000 £24,000

CENTRAL LONDON £26,000 £36,000 £20,000 £26,000

EAST ANGLIA £22,000 £29,000 £15,500 £19,500

MIDLANDS £21,500 £29,500 £15,500 £22,500

WALES £20,000 £26,000 £17,000 £21,000

YORKS & HUMBERSIDE £21,000 £29,000 £16,000 £19,500

NORTH EAST £21,000 £29,000 £16,000 £20,500

NORTH WEST £22,000 £29,000 £16,000 £21,500

SCOTLAND & NI £22,320 £30,240 £15,500 £18,540

14

Corporate Recovery & InsolvencySalary Figures

Director/Partner

Assistant Manager

Senior Manager Manager

Newly Qualified(ACA/ACCA/JIEB)

AAT/CAT Foundation/Intermediate

PQ (ACA, ACCA)

AAT/CAT Qualified


SOUTH COAST £26,000 £34,100 £22,000 £31,000 £16,000 £21,000 £13,000 £19,000

SOUTH EAST £35,300 £42,400 £24,000 £32,000 £17,000 £21,000 £14,000 £19,000

SOUTH WEST £26,200 £38,300 £22,000 £29,000 £16,000 £18,000 £13,000 £16,000

HOME COUNTIES £34,300 £45,100 £25,000 £33,000 £18,000 £21,000 £14,000 £19,000

OUTER LONDON £40,400 £45,400 £24,000 £35,000 £17,000 £23,000 £14,000 £21,000

CENTRAL LONDON £41,000 £48,000 £26,000 £37,000 £19,000 £26,000 £16,000 £22,000

EAST ANGLIA £24,800 £39,300 £22,000 £27,000 £14,500 £17,500 £13,000 £15,000

MIDLANDS £25,200 £36,800 £21,000 £29,000 £16,000 £18,000 £12,500 £17,000

WALES £23,200 £30,200 £20,000 £26,000 £14,000 £16,000 £12,000 £14,000


NORTH EAST £27,300 £35,300 £21,000 £29,000 £14,000 £18,000 £12,000 £14,000

NORTH WEST £28,300 £36,300 £22,000 £29,000 £15,000 £17,000 £12,000 £16,000

SCOTLAND & NI £25,200 £33,300 £22,320 £29,680 £15,200 £18,120 £13,000 £15,000


SOUTH COAST £65,400 £100,000 £44,800 £63,600 £37,800 £55,200 £33,600 £41,800

SOUTH EAST £75,600 £130,400 £57,000 £73,000 £50,100 £64,400 £42,400 £50,000

SOUTH WEST £71,200 £130,700 £50,900 £75,000 £45,000 £60,200 £36,400 £45,400

HOME COUNTIES £77,400 £127,900 £55,900 £75,000 £50,500 £59,700 £39,000 £50,200

OUTER LONDON £81,800 £133,800 £55,200 £75,000 £51,400 £66,800 £45,500 £52,000

CENTRAL LONDON £92,100 £157,500 £59,000 £84,000 £54,000 £69,000 £47,000 £57,000

EAST ANGLIA £77,900 £139,600 £49,600 £73,000 £47,300 £55,000 £36,200 £45,500

MIDLANDS £71,600 £133,000 £50,900 £71,300 £44,000 £51,400 £34,400 £46,500

WALES £46,000 £85,400 £40,700 £52,800 £32,900 £45,100 £27,300 £35,400


NORTH EAST £76,800 £122,800 £50,900 £68,100 £41,100 £51,400 £33,400 £40,500

NORTH WEST £75,800 £122,800 £52,800 £70,100 £40,000 £52,200 £32,400 £44,400

SCOTLAND & NI £52,100 £89,600 £44,300 £57,900 £36,000 £47,300 £31,600 £40,500

15

Corporate Recovery & InsolvencySalary Figures

Forensics & InvestigationsSalary Figures

Assistant Manager

Senior (newly qualified

ACA/ACCA)Senior

Manager


Director/Partner

PQ(ACA, ACCA)

Manager


SOUTH COAST £56,300 £101,000 £44,000 £56,000 £36,300 £44,000 £32,200 £36,100 £25,400 £32,600

SOUTH EAST £67,900 £125,400 £53,100 £72,500 £46,000 £55,000 £38,600 £43,300 £33,600 £40,300

SOUTH WEST £60,500 £105,000 £43,500 £57,100 £36,800 £45,600 £28,900 £34,600 £26,900 £33,700

HOME COUNTIES £73,700 £132,800 £55,100 £73,400 £48,300 £58,000 £41,900 £47,300 £34,000 £42,900

OUTER LONDON £72,800 £131,000 £56,000 £72,500 £47,400 £58,000 £42,300 £48,500 £35,500 £44,000

CENTRAL LONDON £89,200 £180,000 £75,000 £88,100 £53,200 £75,000 £48,100 £53,900 £41,000 £49,000

EAST ANGLIA £55,800 £99,000 £39,500 £51,600 £33,300 £41,300 £30,400 £33,100 £23,400 £32,000

MIDLANDS £65,200 £101,000 £46,400 £59,900 £38,700 £54,200 £30,800 £35,600 £24,000 £35,500

WALES £46,700 £78,200 £33,800 £45,600 £31,000 £36,800 £26,000 £31,700 £22,100 £30,900


NORTH EAST £72,600 £106,400 £48,300 £56,000 £38,700 £48,400 £31,700 £36,500 £28,800 £33,600

NORTH WEST £72,600 £106,400 £45,400 £58,000 £35,800 £47,500 £30,800 £35,600 £26,900 £31,700

SCOTLAND & NI £63,100 £97,000 £48,300 £61,800 £38,700 £48,400 £33,700 £36,500 £28,800 £33,600

MIN MAX MIN MAX

SOUTH COAST £23,000 £32,000 £17,000 £25,000

SOUTH EAST £25,000 £35,000 £19,000 £23,000

SOUTH WEST £23,000 £30,000 £17,000 £24,000

HOME COUNTIES £26,000 £34,000 £23,000 £26,000

OUTER LONDON £26,000 £35,000 £20,000 £25,000

CENTRAL LONDON £28,000 £38,000 £23,000 £28,000

EAST ANGLIA £23,000 £27,000 £16,500 £21,500

MIDLANDS £23,500 £32,000 £18,000 £24,000

WALES £20,000 £27,000 £15,000 £18,000

YORKS & HUMBERSIDE £21,000 £30,000 £16,000 £19,500

NORTH EAST £22,000 £30,000 £16,000 £21,500

NORTH WEST £22,000 £30,000 £16,000 £20,500

SCOTLAND & NI £23,320 £29,680 £14,420 £18,540

16

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Practice Salary Guide 2015

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Transcript of Practice Salary Guide 2015