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One in five chartered accountants seeking new challenge

Around 20% of all chartered accountants in the UK are seeking a different role in a bid to increase their income and climb the career ladder, the Institute of Chartered Accountants in England and Wales (ICAEW) reports.

Recruiting firm Stott and May surveyed the body’s members and discovered that 20 per cent are looking for another job within their field, with an additional 15 per cent looking for a change within the following year. Those aged below 30 and working for large companies were seen to have the highest probability of changing jobs.

The commercial executive director for ICAEW, Sharon Gunn, believes that the survey’s findings are positive news for the economy:

“With more ICAEW chartered accountants considering a new job to progress their career, I think it indicates that people are feeling more secure about job opportunities and it is another sign of the economic recovery.”

Speaking further, she said that many are looking for even greater levels of responsibility, and want more involvement with top level management.

Career was named as the single largest motivational factor in wanting to change jobs, with 35 per cent of those surveyed citing that as the reason. Further, 26 per cent are looking for a larger salary and 18 per cent cited other reasons. The public sector has more people presently seeing a new challenge in comparison with other sectors.

A further reason could be that the salaries for chartered accountants in the Wirral, Chester or elsewhere have not seen much change in recent years.

Posted by Mark
April 4, 2014
Research & Statistics

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