Nearly half of accountants get no bonus, survey finds

News Article - 13 October 2006
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Almost half of accountants do not get bonuses, being rewarded instead with pension contributions and health insurance, a survey has found.

The European study, conducted by recruitment company Robert Half International, also discovered that the trend was continued in Germany, the Netherlands and Belgium, with around 60 per cent of finance workers saying their workplace did not provide a bonus scheme.

Globally, one-third of accountants questioned said they were provided with health insurance and 32 per cent received pension contributions.

Ian Graves, managing director of continental Europe for Robert Half International, said: "What these results show is that there is extraordinary variation in the type of benefits employers offer their staff.

"European companies in particular are becoming more aware of employee concerns and are looking to reward staff with benefits that satisfy these concerns. This change reflects a shift in attitude throughout the financial services industry."

According to official government findings, some companies influence the whole economy index because of the number of workers they employ and the amount of money they pay out in bonuses.

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