Leinster Society Salary Survey 2018

Report shows Chartered Accountants in high demand, average earnings almost €110K

Chartered Accountants Leinster Society Survey shows newly qualified Chartered Accountants in industry earning over €61k

The average salary package (including base salary, car or car allowance, plus bonus) for a Chartered Accountant in Leinster is €109,146, reflecting the significant demand for Chartered Accountants at all levels in the local market.

The survey of more than 1,100 Chartered Accountants, published today by Chartered Accountants Leinster Society in association with Barden, provides a definitive guide to Chartered Accountant salaries in Leinster. The research reveals that 83% of Chartered Accountants have received a significant salary increase within the last three years, with more than half obtaining an increase of over 10%.

The average salary package for a Chartered Accountant working in industry in their first year post-qualification now stands at €61,044. The average salary package for those working in industry who are now five years qualified is €74,706.

The survey also indicates a healthy level of career progression within the Chartered Accountancy profession, with 46% of those surveyed having been promoted in the last three years, a similar figure to the same period in 2017 (45%).

The survey finds that most Chartered Accountants in Leinster work in business (69%), with 18% working in an accountancy practice and 13% working in not-for profit, public service or in government. 25% of those surveyed reported moving to a new job in the last 12 months.  

The survey also points to the other benefits enjoyed by Chartered Accountants. 23% of respondents either have a company car or receive a car allowance.  18% of respondents receive share options. Almost half are enrolled in a workplace health insurance scheme (48%).

To find out more about becoming a Chartered Accountant, visit www.charteredaccountants.ie/study

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Key findings:

  • Average salary package (base salary, car or car allowance, plus bonus) for a Chartered Accountant in Leinster is €109,146. (2017 figure: €106,500)
  • The Average Salary Package for a Chartered Accountant in their first year post-qualification taking a position in industry stands at €61,044. (2017: €56,800)
  • 83% of Chartered Accountants have received a significant salary increase within the last three years, with more than 50% obtaining an increase of over 10%. (2017: 79% said their salary had increased by at least 10% in last three years)
  • Most Chartered Accountants in Leinster work in industry, business and financial services (69%), with 18% working in an accountancy practice and 13% working in not-for profit, public service or in government.
  • 46% of respondents have been promoted in the last three years (2017: 45%).
  • 25% reported moving to a new job in the last 12 months. (2017: 23%)
  • “How was your bonus calculated?” 1,121 members responded to this question with personal performance being a criterion for 55% of respondents; company performance was a criterion for a 54%, with 16% of respondents citing team performance as a criterion.
  • “What value do you place on work / life balance and flexible working arrangements?”  84% place a strong value on better work life balance and flexible working. (50% said they would give up 10% of their salary, such was the importance of flexibility to them).

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