Business

AAT members welcome salary rise but gender pay gap remains

At student and affiliate levels female AAT members out-earned their male counterparts, but amongst professional members, men earned 8% more than women

The Association of Accounting Technicians (AAT) has revealed that its members have seen their salaries rise “at every level”, following its latest Salary Survey.

The report found that AAT members’ average basic salaries have risen at every level since the 2019 survey, ranging from a median figure of £21,000 for Level 2 and 3 students to a median figure of £40,000 for FMAAT members. 

At student and affiliate levels female AAT members out-earned their male counterparts, but amongst professional members, men earned 8% more than women, up from 5% in 2019. Men were also more likely to see a salary increase, with 54% of men working full-time getting a pay rise compared to 48% of women. 

There was also a gender pay gap amongst licensed members. Men working full-time earned £82,000 on average compared to £48,000 for women. Male licensed members meanwhile were also likely to have more than 100 clients (64% of men compared to 36% of women). 

The survey is published every two years and provides information on remuneration packages for AAT members. This year’s survey, however,  took into consideration the impact that Covid-19 has had on members, as well as looking at the overall economy and other key factors that matter to members at “each stage of their working lives”. 

Andrew Williamson, director of Marketing and Commercial, AAT, said: “It’s great to see that average salaries have increased for AAT members at all levels since the previous Salary Survey. This highlights the value of accounting technicians and bookkeepers to business, and recognises the benefits that AAT qualifications provide for both individuals and their employers – particularly during these turbulent times. 

“As we emerge from the pandemic and look to rebuild the economy, it’s clear that more businesses are looking towards qualified accountants to help them navigate a rapidly changing world.” 

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