The average bonus for an accountant in the UK now stands at £10,733, 16% of annual salary. The total bonus pot is £1.2bn this year – £100m more than in 2013/14.
The number of accountants who received a bonus this year jumped from 53% to 61%, according to research from accountancy recruiter Marks Sattin.
The average basic salary for accountants also slightly improved over the last 12 months by 0.4%, taking it to £67,083. In addition, more than three quarters expect to see their salaries increase further over the next 12 months.
“Accountants are sharing a bumper bonus pot this year, riding high on the back of the economic recovery,”said Dave Way, managing director of Marks Sattin.
Just 27% of accountants said that they were expecting their organisations to make budget cuts over the year ahead, with only 21% predicting a salary freeze.
More than a quarter (27%) feel very secure in their current role, while 61% feel generally secure.
The confident outlook has led to an openness to job moves among accountants; only 28% actively rule out moving jobs in 2015, and 32% said that they will be looking to find a new role.
According to the research, to move jobs a typical accountant would look for a salary premium equivalent to 15% of their basic package – or £10,062.