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    Hi guys,

    So I recently became part qualified having passed 12 out of the 15 exams. I'm sitting CR and SBM in November of this year and then the case study next July. I've been at my firm for about 2 years now and will be time qualified by Sept 2017. My office is located just outside London (zone 8) and it's a mid sized firm (ranked just inside the top 20).

    I'm currently on just under 22k per year and my partner mentioned in passing that I would get a £150 increase to my salary. This seemed slightly ridiculous to me, I was expecting a fair bit more now that I'm part qualified!
    So, I'm basically wondering if anyone can give me a rough idea of what the market rate is for someone of my position? My work duties are primarily carrying out audits and preparing accounts.

    Thanks for any advice.
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    What did you start with?

    I remember at one interview for a similar sized firm just outside London, they were offering £20'500 starting salary. So this might be normal considering the size of the firm? Although I imagine it should be higher, or at least larger firms would pay more. Once you're qualified though I'm sure you can earn much higher wages there or some place else, you're so close so keep it up knowing you'll be rewarded in the long term.

    Some places are worse, one place I saw offered £15'500 (no way was I going to accept that), so your salary isnt all that bad looking at that :lol:
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    In Northern England, from what I've seen over the past 2 months, £26k minimum for part qualified ACA/ACCA is typical.
    I'd expect that it's significantly higher in the South.
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    (Original post by Lord Samosa)
    What did you start with?

    I remember at one interview for a similar sized firm just outside London, they were offering £20'500 starting salary. So this might be normal considering the size of the firm? Although I imagine it should be higher, or at least larger firms would pay more. Once you're qualified though I'm sure you can earn much higher wages there or some place else, you're so close so keep it up knowing you'll be rewarded in the long term.

    Some places are worse, one place I saw offered £15'500 (no way was I going to accept that), so your salary isnt all that bad looking at that :lol:
    I started on 19.5 k :/. Yeah I guess some might say it's not too bad. I just always had the impression a part qualified aca salary would be somewhere in the mid to high 20's.
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    (Original post by sh9)
    In Northern England, from what I've seen over the past 2 months, £26k minimum for part qualified ACA/ACCA is typical.
    I'd expect that it's significantly higher in the South.
    Hmm, well considering I'm just outside London they must be mugging me off with 22k haha.
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    Big4 in London is on around 30k starting salary and I assume it goes up by around 1k every year while studying. When you qualify it's more like 45k.


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    It really depends on your company and locaion.

    I am in the exact same situation as you, will be sitting Nov TIs.

    I am currently earning £27.5k and i am based in Kent.

    However i am in a top 10 firm though.

    I do audit.

    My London counterparts earn probably north of 30k.

    My friend who was at a lower ranked firm than me, started on a salary that was higher than mine was 1 year into the firm. He works in London though. So you can see its a mixture of location and ranking

    EDIT i forgot to mention that I was promoted to supervisor a few months back which contributed to my payrise. If you want a like for like comparison then divide by 110% assuming you aren't supervising yet?

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    it definitely varies and usually smaller firms only alter their pay structure of they're struggling to recruit at whichever level they need. Someone just turned PQ at my tiny firm in Surrey (just outside London). Salary I believe went to £25k.

    We get increases £3k for completion of professional level exams as a minimum
 
 
 
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