Salary Advice (London, UK)
I wanted to share an update: I recently qualified as an ACCA member in the September 2024 session.
My manager has presented me with a salary offer for my current position:
– Base salary: £50,000
– Bonus: £4,000
– Effective from January 2025.
I have a total of three years of experience and I’m 24 years old. I’m seeking your advice on whether to accept this offer or consider exploring opportunities elsewhere.
Any insights would be greatly appreciated!
One response
Congratulations on qualifying as an ACCA member! That’s a significant achievement and puts you in a strong position for your career.
Regarding the salary offer, here are a few points to consider:
Market Rate: Research the typical salary for ACCA-qualified professionals in your area and industry. In London, salaries can vary widely depending on the sector, the size of the company, and other factors. Websites like Glassdoor or LinkedIn Salary can provide helpful insights.
Career Growth: Consider the opportunities for growth within your current role versus what you might find elsewhere. If your current position offers good prospects for advancement, valuable experience, or skills development, it may be worth staying.
Job Satisfaction: Evaluate your current job satisfaction. If you enjoy your work environment and colleagues, that can be an important factor in your decision.
Benefits and Work-Life Balance: Beyond salary, consider other benefits (e.g., pension contributions, health insurance, flexible working arrangements) and your work-life balance. Sometimes these factors can outweigh a higher salary offer elsewhere.
Networking and Interviews: If you’re considering other roles, you could always start networking or interviewing while keeping your current offer on the table. This way, you’ll have leverage to negotiate if you find something else that interests you.
Future Roles: Assess how this role fits into your long-term career goals. If it aligns well and sets you up for future opportunities, it might be worth accepting.
Ultimately, it’s essential to weigh all these factors carefully. If you feel the offer meets your expectations and supports your career ambitions, it could be a great step forward. If not, don’t hesitate to explore other options that align better with your goals. Good luck!