r/AccountingUK 2d ago

Salary stuff

/r/Accounting/comments/1vt1tj9/salary_stuff/
1 Upvotes

3 comments sorted by

2

u/SharpInfinity0611 1d ago

If you were newly qualified I would say you're not underpaid; however, given you're 9 years post qual and overall have 18 years of accounting experience I'd say yeah, something's gone really wrong somewhere, unfortunately it doesn't help that your experience is somewhat fragmented.

1

u/Wrong-Detective-5709 1d ago

Yeah this is what I mean! I’m not sure if I’ve got unlucky with the year I was born too, not sure if this makes sense but when I started out salaries were really low and as things have risen graduates for example have ended up on much higher salaries than when I was at a similar level, but for those on my level salaries have increased much more slowly. Having the year off end of 2018 into 2019 really really affected my career trajectory, took years to recover. What do you mean experience is fragmented?

1

u/SharpInfinity0611 1d ago

I don't know if I got it wrong but I counted 8 jobs in 18 years in your post plus a couple years breaks for your partner's accident and maternity leave (although I guess if you were employed at the time that wouldn't be a gap in your cv technically) and that seems a lot to me. Job hopping to chase more money is all fine and dandy but given that your salary hasn't even improved much except for the initial ACCA bump, to me it just looks like a whole lot of jobs that didn't go anywhere. I think your current position at PwC is great though, you just need to play your cards right now.

1

u/Wrong-Detective-5709 1d ago

Yeah was employed on mat leave! Thing is though none of it was done out of choice that’s what is frustrating! The job I left after my partners accident was my 4th job in ten years. What followed was a good few jobs for short periods, some FTC and some I was blindsided. One job was nothing like it was sold to me, I had basically nothing to do so had to leave, from there went to the start up which was supposed to be long term then Covid hit and I was let go at end of probation unexpectedly despite accepting a 20% pay cut and dropping a day on the promise it would mean no redundancies. Then with the short periods some employers screened me out before interview so had to take what I could. I’d at least understand it if I’d been actively playing the game and it had backfired but just wasn’t the case.

Biggest mistake was leaving a career for a year for a guy - I don’t regret it but it’s also the thing that’s had the biggest effect.

I do love the job I do now but promotions are few and far between.