That average pay deal includes base salary, car or car allowance, and bonus.
Three years after the Covid-related lockdowns, 83pc of those surveyed have some form of hybrid working arrangements, with three days a week in the office becoming the average.
The average basic salary of newly qualified chartered accountants has risen to €62,374.
The latest salary survey data published today by Chartered Accountants Ireland‘s Leinster Society shows earning potential for both experienced and newly qualified chartered accountants well up on the period before the pandemic.
The annual survey of more than 1,100 chartered accountants was done in partnership with Barden, a specialist recruitment firm.
The research, conducted by Coyne, shows the vast majority (87pc) of members have a pension, with employers contributing an average 9pc of their salary.
After basic salary, this pension contribution is the most valued part of more than half of respondents’ packages.
Payment of professional subscriptions (79pc), Cycle to Work scheme (59pc), health insurance (55pc), and sponsored professional development (51pc) are also included in a majority of remuneration packages of chartered accountants who work across both professional firms and industry.
Of working in the profession, 67pc of respondents are satisfied or very satisfied with the salary they receive.
Today’s News In 90 Seconds – September 04 2024
Nine out of 10 chartered accountants say their total remuneration has increased in the past three years, with a third seeing increases of more than 25pc.
Chartered accountants overwhelmingly expect to see a pay increase within the next 12 months and 73pc expect to receive a bonus in 2024.
They are also, on the whole, comfortable and enthusiastic about the opportunities represented by artificial intelligence (AI) for their profession.
More than half (52pc) of respondents see AI as a significant opportunity for the profession, well up on last year, and 57pc feel it will impact positively on their career, also well up on 2023.
Damien Carr, chairperson of Chartered Accountants Ireland Leinster Society, said growing enthusiasm about the potential of AI was “very encouraging”.
“AI will not replace human judgment or strategic decision making, however it will sit alongside these critical skills that have made chartered accountants among the most trusted advisers to senior business leaders,” he said.