We will see another inflation busting 5.8% rise in salaries for PQs in 2024-25, according to the latest Hays UK Salary and Recruiting Trends guide.
Strong demand and a shortage of talent have combined again to push up salaries, following on from pay rises of 6.2% in 2023-24.
This all boils down to a current salary for an ACCA finalist in London hitting £58,000. Trainee just starting out on their ACCA journey in the capital can expect to earn around £32,000. CIMA finalists and trainees can expect the same sort of pay packet!
What is interesting is the widening gap between ACCA and CIMA finalists and those studying for the ACA qualification. While ACCA/CIMA PQs in London can expect a pay packet of £45,000 a year, that falls to £37,500 for the average ACA PQ/semi senior.
And, while the salary for a CIPFA finalist is £44,000 in London, just below the £45,000 paid to an ACA finalist, CIPFA PQs are earning more than their ACA counterpart – £38,000 to £37,500 respectively.
And, this pattern repeats itself across the UK, albeit the difference aren’t quite as big as the £13,000 pay differential seen in the capital.
Read the full story and check out the top trends for 2025 in the latest PQ magazine, out now: https://issuu.com/pqpublishing/docs/pq_jan25_multi.
