Thursday, June 05, 2008
ACMAs earn more than ACCAs: survey
CIMA Insights June 2008
http://www.cimaglobal.com/cps/rde/xchg/live/root.xsl/Insight054432_4500.htm
CIMA members are being paid up to 20% more.
The shortage of accountants in the commercial market - particularly at newly qualified level - continued in 2007, according to a UK salary survey by recruitment firm Robert Walters.
With demand for accountants outstripping supply, accountants’ salaries continued to increase while employers struggled with retention under competitive market conditions. Robert Walters said that companies are now expected to focus on consolidating their talent pools rather than increasing head count.
ACMAs doing well
The good news for newly qualified CIMA professionals is that their earning potential was equal to that of ACAs and almost always higher than that of newly qualified ACCAs.
This was evident in commerce and the professional services industries in London where both newly qualified ACMAs and ACAs earned on average between £45,000 and £55,000. London based newly qualified ACCAs in that sector earned between £40,000 and £50,000 in commerce and between £42,000 and £48,000 in professional services.
In the public and not for profit sectors earnings potential between newly qualified ACCAs and ACMAs was also marked. While London based ACCAs in that sector typically earned between £36,000 and £40,000, newly qualified ACMAs earned between £40,000 and £50,000.
The survey chose the jnsurance sector to provide a comparison between management accountants and financial accountants.
It found that London based management accountants were typically commanding higher salaries than financial accountants in that sector. Management accountants in insurance with at least one year post qualified experience (PQE) were earning in excess of £50,000 in London, compared with financial accountants, who earned in excess of £45,000.
The salary gap between experienced management accountants and financial accountants in insurance had grown. Management accountants with between two and four years’ PQE did particularly well over the past year, with salaries increasing by around 16% - ranges were up from £52,000 to £60,000 in 2007 to £60,000 to £70,000 in 2008.
Financial accountants in that sector with the same experience saw their salary range tighten from £55,000 to £60,000 in 2007 to £55,000 to £60,000.
& 11:14 pm
Wednesday, June 04, 2008
To SM
Although I'm not a hunk but we have great chemistry and similar freq.
Maybe shld meet up more often? I try to find single and available hunk[s] to join us in future lah?
How i wish you re a guy. A nice, eligile, charming, humourous, witty guy.
Then hor, gd jobs are hard to come by and find. Sat ST Classified is super thin recently lor. USA slow down and fear of recession..
There's COSPLAY, comic & animation fair at Suntec on 28 to 29 Jun. Tell me if you interested or gg.
& 9:48 pm
Sunday, June 01, 2008
From Diana
I agree for e reasons for matchmaking. due to work limits being an accountant may restrict social circles, or there are things tt are difficult to start and umm, 1 day there will be.. somehow its so pleasurable to think tt there will be a day for tt to happen before we die. and tho receiving is good, not always is an offer and acceptance..
To Diana
Many reasons why some're single, attached, divorced.. As long as one's happy.
R u happy? Seeking companion all along. To do thing, travel esp exotic places, shop, movie, eat dinner, go bk shop, see concert, go museum.. tog.
Lot of uncertainty, unknown.. Waiting can be a painful, disappointing, sad process
'Fragrant fr far away which won't return and won't become real'
& 3:07 pm
Egypt Travel Season
Link to Egypt travel info and packages
Peak travel season: Mid Oct to May
- Tourist season is during winter and spring
- Relative more expensive even for budget hotels
- Advise to make prior reservations
- Khamsin wind, warm wind tt blows in fr desert and carry sand and dust. Runs bet Mar and Apr
Off peak season: May until October
- Fairly high temperatures esp in Luxor and the southern parts of Egypt
- But offers relative peace and quiet travel
Season to avoid: During Ramadan
- Many restaurants are closed
- Alcohol disallowed during the month, esp during the daytime
- Shorter visiting time as all tourist sites close 1 or 2 hrs earlier than usual
- Resembles a month-long festival.
- All coffee shops are packed at nite and stay up till the early morning hrs
& 3:05 pm
