Menu
07/12/2001
UK accountants earn more than world counterparts
Accountants in Britain are higher paid than elsewhere in the world according to the Worldwide Total Remuneration Survey from Towers Perrin.
The report, which looks at current reward practices in 26 countries, found that the average basic salary for an accountant working in Britain is $71,000, an increase of $3,600 on last year.
This figure then increases to $117,771 when bonuses, share options and pensions are included. This is in keeping with many leading companies around the world who, as well as using stock and other long-term incentives (LTI’s), are implementing global benefits strategies to help them stay ahead of the competition on attracting and retaining key employees.
Other key findings of the survey found that UK CEO’s are the second highest paid out of the study’s European countries, with a total package of $668,526. While CEOs in Belgium earn $696,697 total package. CEO’s in the US earn almost double anywhere else in the world in terms of total remuneration with $1,932,580.
According to the report, HR Directors receive the largest total remuneration in the US ($449,135), closely followed by Argentina, ($335,564). HR Directors in the UK are the highest paid out of all the studies European countries with $311,452 total package.
The UK’s Accountants are the highest paid of all countries featured in the report, with total remuneration almost one and a half times higher than that of their European counterparts. (MB)
The report, which looks at current reward practices in 26 countries, found that the average basic salary for an accountant working in Britain is $71,000, an increase of $3,600 on last year.
This figure then increases to $117,771 when bonuses, share options and pensions are included. This is in keeping with many leading companies around the world who, as well as using stock and other long-term incentives (LTI’s), are implementing global benefits strategies to help them stay ahead of the competition on attracting and retaining key employees.
Other key findings of the survey found that UK CEO’s are the second highest paid out of the study’s European countries, with a total package of $668,526. While CEOs in Belgium earn $696,697 total package. CEO’s in the US earn almost double anywhere else in the world in terms of total remuneration with $1,932,580.
According to the report, HR Directors receive the largest total remuneration in the US ($449,135), closely followed by Argentina, ($335,564). HR Directors in the UK are the highest paid out of all the studies European countries with $311,452 total package.
The UK’s Accountants are the highest paid of all countries featured in the report, with total remuneration almost one and a half times higher than that of their European counterparts. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
11 August 2014
Call For Business Suppliers To Be Paid Within 15 Days
Minister for Business and Employment, Ged Nash T.D., has published the latest set of quarterly composite figures which show that Government Departments and the Agencies under the Department of Jobs, Enterprise and Innovation continue to comply with the Government requirement to pay business suppliers within 15 days of receipt of a valid invoice.
Call For Business Suppliers To Be Paid Within 15 Days
Minister for Business and Employment, Ged Nash T.D., has published the latest set of quarterly composite figures which show that Government Departments and the Agencies under the Department of Jobs, Enterprise and Innovation continue to comply with the Government requirement to pay business suppliers within 15 days of receipt of a valid invoice.
31 August 2001
Number plate change is expected to boost car sales
The change to the UK’s car registration plates is expected to boost flagging sales in new cars. As interest rates have come down and new car prices are around six per cent cheaper than last year dealers are hoping that buyers will be tempted by the offers available in the showrooms.
Number plate change is expected to boost car sales
The change to the UK’s car registration plates is expected to boost flagging sales in new cars. As interest rates have come down and new car prices are around six per cent cheaper than last year dealers are hoping that buyers will be tempted by the offers available in the showrooms.
15 August 2001
Easynet Dial launched for business users
Leading pan-European commercial Internet Service Provider (ISP) Easynet, has unveiled the re-launch of Easynet Dial (www.easynetdial.co.uk), an online communication solution aimed at the telecoms market and small office/home office (SOHO) business users.
Easynet Dial launched for business users
Leading pan-European commercial Internet Service Provider (ISP) Easynet, has unveiled the re-launch of Easynet Dial (www.easynetdial.co.uk), an online communication solution aimed at the telecoms market and small office/home office (SOHO) business users.
14 June 2006
UK jobless total continues to rise
The UK unemployment rate has continued to rise sharply, according to the latest figures released from the Office for National Statistics (ONS) today. The unemployment rate rose to 5.3%, up 0.2% over the quarter and up 0.6% over the year. The number of unemployed people increased by 77,000 over the quarter and by 199,000 over the year, to reach 1.
UK jobless total continues to rise
The UK unemployment rate has continued to rise sharply, according to the latest figures released from the Office for National Statistics (ONS) today. The unemployment rate rose to 5.3%, up 0.2% over the quarter and up 0.6% over the year. The number of unemployed people increased by 77,000 over the quarter and by 199,000 over the year, to reach 1.
18 November 2003
Total broadband coverage by 2005, says BT
Total broadband coverage for internet access in all areas of the UK community may be achieved by 2005 if industry and government work in partnership, according to BT.
Total broadband coverage by 2005, says BT
Total broadband coverage for internet access in all areas of the UK community may be achieved by 2005 if industry and government work in partnership, according to BT.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
