AAT research shows increase in student salaries

Research from the Association of Accounting Technicians (AAT) has shown an increase in salaries for affiliate members and AAT students, with a rise of 5 per cent and 2 per cent respectively.

The AAT Salary and Career Survey 2017 showed the average salary for accounting technicians now stands at £22,000 for affiliate members that work full-time.

Gap

The research showed there is still a gender pay gap, with the average salary of the professional body’s male members being 2 per cent higher than females.

AAT full and fellow members in London were found to be earning an average salary of £34,000, which is 48 per cent higher than those working in the North East, who earn £23,000 on average.

Figures also showed 33 per cent of AAT members in the private sector who are working in accountancy firms have received a bonus in the last year. This is compared to 39 per cent in the private sector in non-accountancy firms, 14 per cent in the not-for-profit sector and 21 per cent in the public sector.

Over 30 per cent of AAT members said they have received a bonus within the past 12 months, while 83 per cent were found to be secure in their job.

Progression

The research also looked at how AAT members feel about career progression and found three quarters are planning to stay with their current employer in the next 12 months, while those in the public sector are most likely to seek a promotion - 26 per cent compared to 23 per cent in the private sector and 14 per cent in the not-for-profit sector.