THE pay gap between men and women chartered accountants has narrowed among younger practitioners, according to a salary survey by the Institute of Chartered Accountants in England and Wales.
Although the average basic salary for ICAEW chartered accountants working in business has remained static – reflecting the current economic climate – the pay gap is narrowing for women under 30, said the survey by ICAEW and recruitment firm Stott and May.
The average basic salary stood at £92,600 compared with £92,100 in 2012. Bonuses also remained stable with an average bonus of £21,300 against £21.2k the previous year. The survey was based on ICAEW members in businesses across the UK and globally.
The average basic salary for female accountants under 30 is now 97% of their male counterparts, compared to 92% the year before.
ICAEW director Sharron Gunn said: “The closure of the gender pay gap is a positive step.”