2 years qualified-salary

frankythefish

I m a qualified accountant, who qualified in practice, and now working as financial accountant in pensions company for the last 2 years. Can I ask what similiar folk are getting in salary? I am at 45k but have review coming up shortly and want to gauge figures to help negotiate. I work in Dublin City (central) by the way. Company has about 50 employees. I work under financial controller.

witchgirl26

Your best bet is to look up the salary surveys for similar roles and use that to negotiate. It's a lot better than anecdotal evidence. Most of the big recruiters do the salary surveys but just make sure you get one that was done either end of 2017 or during this year otherwise it'll be out of date.

jonnybravo

I've hired a few newly qualified accountants recently and they're getting between €50k and €55k so I'd suggest your well underpaid. But as witchgirl said look up salary surveys - they'll give you backup for salary negotiations.

tippingpoint

I was on €40k in a medium practice before I qualified.
Moved to industry and on €55k now with one year PQE. In a different type of industry to yourself but I'd definitely say you're being underpaid considering you have 2 years PQE!

ACAguy

A friend of mine was in pensions in an insurance company on secondment before he qualified. He was offered 50k to start the day he qualified. He rejected it but you are definitely underpaid. I am on 40k and just about qualified

Johnny_Fontane

I manage the FS division within a specialist accountancy recruiter. Salary for 2 years PQE within the insurance sector (pensions) would be late 50's. With 2 years PQE you would probably get €65k in the current market with a Willis/Marsh.

frankythefish

Got offered 47.5. Very disappointed. With 2 years pqe I had expected more. Thinking about moving now, which I had hoped would nt be necessary. The thought of trawling job sites is not exciting me

jonnybravo

frankythefish wrote: »

Got offered 47.5. Very disappointed. With 2 years pqe I had expected more. Thinking about moving now, which I had hoped would nt be necessary. The thought of trawling job sites is not exciting me

Ah that's very poor. Try look on it as a positive. There's loads of jobs at your level and by going to a new company you'll be getting better experience and building your CV (and getting more money!!).

MartyMcFly84

Part qualified in Dublin goes up to 45k in industry and I have seen up to 50k for finalists.

Qualified starting is 55k according the recent salary surveys so would expect 2 years PQE to be closer to 60k.

Best of luck with the job search anyway, you will certainly find something. Plenty of stuff on LinkedIn also.

frankythefish

can anybody recommend me a recruitment consultant? Maybe pm me if not allowed post here. I would be looking for role based in city centre or tallaght

frankythefish

I am still thinking about this. 45k to 47.5k is 5% pay rise. I m not been stupid like pushing for say 50k am I (i.e 10 % pay rise). Boss keeps saying I should be happy as it a 5% rise. I don't know what the average rise for an employee in general is

Beau

frankythefish wrote: »

I am still thinking about this. 45k to 47.5k is 5% pay rise. I m not been stupid like pushing for say 50k am I (i.e 10 % pay rise). Boss keeps saying I should be happy as it a 5% rise. I don't know what the average rise for an employee in general is

PMd

jonnybravo

frankythefish wrote: »

I am still thinking about this. 45k to 47.5k is 5% pay rise. I m not been stupid like pushing for say 50k am I (i.e 10 % pay rise). Boss keeps saying I should be happy as it a 5% rise. I don't know what the average rise for an employee in general is

A 5% pay increase is decent for people earning close to the market rate. Your way off the market rate. Print off some of the salary guides and show your boss what the market rate for a qualified accountant is. Most of the main recruiters have salary guides.

The ACA salary guide is at https://www.charteredaccountants.ie/Leinster/Salary-Survey