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Bookkeeper Average Salary in United Kingdom 2020

How much money does a Bookkeeper make in United Kingdom?


Average Yearly Salary
60,100 GBP
( 5,010 GBP monthly)

LOW
31,300
GBP
AVERAGE
60,100
GBP
HIGH
92,000
GBP

A person working as a Bookkeeper in United Kingdom typically earns around 60,100 GBP per year. Salaries range from 31,300 GBP (lowest) to 92,000 GBP (highest).

This is the average yearly salary including housing, transport, and other benefits. Bookkeeper salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Bookkeeper Salary Distribution in United Kingdom

Median and salary distribution yearly United Kingdom Bookkeeper
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The median, the maximum, the minimum, and the range

  • Salary Range

    Bookkeeper salaries in United Kingdom range from 31,300 GBP per year (minimum salary) to 92,000 GBP per year (maximum salary).

  • Median Salary

    The median salary is 57,700 GBP per year, which means that half (50%) of people working as Bookkeeper(s) are earning less than 57,700 GBP while the other half are earning more than 57,700 GBP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Bookkeeper(s) are earning less than 40,000 GBP while 75% of them are earning more than 40,000 GBP. Also from the diagram, 75% of Bookkeeper(s) are earning less than 71,800 GBP while 25% are earning more than 71,800 GBP.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Bookkeeper Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly United Kingdom Bookkeeper
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Bookkeeper salaries by experience level and this is what we found.

A Bookkeeper with less than two years of experience makes approximately 35,500 GBP per year.

While someone with an experience level between two and five years is expected to earn 47,600 GBP per year, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 61,900 GBP per year, 30% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Bookkeeper(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 75,000 GBP per year, 21% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 81,900 GBP per year, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 86,200 GBP per year, 5% more than people with fifteen to twenty years of experience.


Bookkeeper average salary change by experience in United Kingdom

0 - 2 Years
35,500 GBP
2 - 5 Years+34%
47,600 GBP
5 - 10 Years+30%
61,900 GBP
10 - 15 Years+21%
75,000 GBP
15 - 20 Years+9%
81,900 GBP
20+ Years+5%
86,200 GBP
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Bookkeeper Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Bookkeeper(s) who have the same experience but different education levels.

Salary comparison by education level yearly United Kingdom Bookkeeper
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Bookkeeper salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Bookkeeper is 42,200 GBP per year.

While someone with a Certificate or Diploma gets a salary of 60,400 GBP per year, 43% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 83,500 GBP per year, 38% more than someone with a Certificate or Diploma.


Bookkeeper average salary difference by education level in United Kingdom

High School
42,200 GBP
Certificate or Diploma+43%
60,400 GBP
Bachelor's Degree+38%
83,500 GBP
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Bookkeeper Salary Comparison By Gender

Salary comparison by gender yearly United Kingdom Bookkeeper
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Bookkeeper employees in United Kingdom earn 5% more than their female counterparts.

Female
58,800 GBP
Male+5%
61,600 GBP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Kingdom for all Careers

Salary comparison by gender yearly United Kingdom
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Bookkeeper Average Annual Salary Increment Percentage in United Kingdom

How much are annual salary increments in United Kingdom for Bookkeeper(s)? How often do employees get salary raises?

Bookkeeper

Bookkeeper(s) in United Kingdom are likely to observe a salary increase of approximately 11% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate United Kingdom Bookkeeper
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United Kingdom / All Professions

Annual Salary Increment Rate United Kingdom
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in United Kingdom is 7%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in United Kingdom for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Bookkeeper Bonus and Incentive Rates in United Kingdom

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Kingdom Bookkeeper
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A Bookkeeper is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

71% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 29% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.

Received Bonus
29%
No Bonus
71%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries yearly United Kingdom
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Where can you get paid more, working for a private company or for the government? Public sector Bookkeeper employees in United Kingdom earn 4% more than their private sector counterparts.

Private Sector
117,000 GBP
Public Sector+4%
122,000 GBP
Percentage increase and decrease are relative to the previous value

Bookkeeper Salary Trend and Forecast in United Kingdom

How are Bookkeeper salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast yearly United Kingdom Bookkeeper
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Average Salary 2016
53,400 GBP
Average Salary 2017+4%
55,300 GBP
Average Salary 2018+2%
56,400 GBP
Average Salary 2019+3%
58,000 GBP
Percentage increase and decrease are relative to the previous value

Bookkeeper salaries in United Kingdom are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Bookkeeper Average Hourly Wage in United Kingdom


29 GBP per hour

The average hourly wage (pay per hour) in United Kingdom is 29 GBP. This means that the average Bookkeeper in United Kingdom earns approximately 29 GBP for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Bookkeeper VS Other Jobs

Salary Comparison Between Bookkeeper and Accounting and Finance yearly United Kingdom
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The average salary for Bookkeeper is 48% less than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner76,900 GBP+28%
Account Executive117,000 GBP+95%
Accountant80,500 GBP+34%
Accounting Assistant79,700 GBP+33%
Accounting Associate79,200 GBP+32%
Accounting Clerk59,900 GBP-0%
Accounting Coordinator69,000 GBP+15%
Accounting Manager154,000 GBP+160%
Accounting Supervisor116,000 GBP+93%
Accounting Technician76,300 GBP+27%
Accounts Executive104,000 GBP+73%
Accounts Payable and Receivable Specialist95,400 GBP+59%
Accounts Payable Clerk61,900 GBP+3%
Accounts Payable Manager129,000 GBP+110%
Accounts Receivable Clerk63,500 GBP+6%
Accounts Receivable Manager131,000 GBP+120%
Assistant Accounting Manager105,000 GBP+75%
Assistant Auditor86,200 GBP+43%
Audit Supervisor162,000 GBP+170%
Auditing Clerk81,900 GBP+36%
Auditing Manager172,000 GBP+190%
Billing Coordinator96,500 GBP+61%
Billing Specialist91,700 GBP+53%
Billing Supervisor117,000 GBP+95%
Bookkeeper60,100 GBP-0%
Bookkeeping Specialist87,200 GBP+45%
Budget Analyst95,800 GBP+59%
Budget Manager144,000 GBP+140%
Business Support Analyst105,000 GBP+75%
Capital Markets Associate123,000 GBP+100%
Cash Flow Analyst125,000 GBP+110%
Cash Management Officer112,000 GBP+86%
Cashbook Clerk71,900 GBP+20%
Chartered Accountant106,000 GBP+76%
Collections Clerk63,100 GBP+5%
Collections Specialist76,500 GBP+27%
Corporate Treasurer202,000 GBP+240%
Cost Accountant94,600 GBP+57%
Cost Accounting Manager126,000 GBP+110%
Cost Analyst122,000 GBP+100%
Credit and Collection Manager139,000 GBP+130%
Credit and Collection Staff64,900 GBP+8%
Credit and Loans Officer70,600 GBP+17%
Credit Controller116,000 GBP+93%
Debt Adviser150,000 GBP+150%
Debt Collector108,000 GBP+80%
Debtors Clerk87,200 GBP+45%
Deputy CFO200,000 GBP+230%
Derivative Trader172,000 GBP+190%
Escrow Assistant96,200 GBP+60%
External Auditor118,000 GBP+96%
Finance Associate95,700 GBP+59%
Finance Executive189,000 GBP+210%
Finance Licensing Clerk77,000 GBP+28%
Finance Licensing Manager114,000 GBP+90%
Finance Licensing Specialist92,800 GBP+54%
Finance Officer129,000 GBP+110%
Finance President239,000 GBP+300%
Finance Relationship Manager168,000 GBP+180%
Finance Release Analyst106,000 GBP+76%
Finance Team Leader 133,000 GBP+120%
Financial Actuary123,000 GBP+100%
Financial Administrator106,000 GBP+76%
Financial Analyst126,000 GBP+110%
Financial Applications Specialist81,200 GBP+35%
Financial Assistant75,700 GBP+26%
Financial Associate85,500 GBP+42%
Financial Claims Analyst107,000 GBP+78%
Financial Claims Manager125,000 GBP+110%
Financial Commercial Analyst103,000 GBP+71%
Financial Compliance Analyst125,000 GBP+110%
Financial Consultant115,000 GBP+91%
Financial Controller108,000 GBP+80%
Financial Coordinator99,800 GBP+66%
Financial Customer Service Manager143,000 GBP+140%
Financial Dealer and Broker105,000 GBP+75%
Financial Encoder65,700 GBP+9%
Financial Manager251,000 GBP+320%
Financial Operations Manager163,000 GBP+170%
Financial Policy Analyst121,000 GBP+100%
Financial Project Manager113,000 GBP+88%
Financial Quantitative Analyst130,000 GBP+120%
Financial Reporting Consultant121,000 GBP+100%
Financial Reporting Manager147,000 GBP+140%
Financial Services Sales Agent103,000 GBP+71%
Fixed Assets Administrator91,600 GBP+52%
Forensic Accountant94,700 GBP+58%
Fraud Detection Supervisor114,000 GBP+90%
Fraud Prevention Manager162,000 GBP+170%
Fund Accountant85,800 GBP+43%
Grants Coordinator74,800 GBP+24%
Internal Auditor123,000 GBP+100%
Internal Control Adviser128,000 GBP+110%
Internal Control Officer101,000 GBP+68%
Inventory Accountant179,000 GBP+200%
Investment Analyst159,000 GBP+160%
Investment Fund Manager156,000 GBP+160%
Investment Underwriter71,900 GBP+20%
Investor115,000 GBP+91%
Investor Relations Manager142,000 GBP+140%
KYC Team Leader146,000 GBP+140%
Management Economist127,000 GBP+110%
Paymaster89,500 GBP+49%
Payroll Clerk73,200 GBP+22%
Payroll Manager116,000 GBP+93%
Pensions Administrator88,400 GBP+47%
Pricing Analyst126,000 GBP+110%
Private Equity Analyst126,000 GBP+110%
Proposal Development Coordinator86,900 GBP+45%
Receivables Accountant81,600 GBP+36%
Regulatory Accountant94,300 GBP+57%
Retirement Plan Analyst125,000 GBP+110%
Revenue Management Specialist97,700 GBP+63%
Revenue Recognition Analyst149,000 GBP+150%
Risk Management Director189,000 GBP+210%
Risk Management Supervisor149,000 GBP+150%
Tax Accountant87,700 GBP+46%
Tax Advisor120,000 GBP+100%
Tax Associate87,300 GBP+45%
Tax Manager166,000 GBP+180%
Teller55,000 GBP-8%
Treasury Accountant91,200 GBP+52%
Treasury Analyst125,000 GBP+110%
Underwriter69,800 GBP+16%
Underwriting Assistant65,700 GBP+9%
Vice President of Finance176,000 GBP+190%

Salary Comparison By City

CityAverage Salary
Aberdeen67,500 GBP
Abingdon57,800 GBP
Armagh63,800 GBP
Bangor55,600 GBP
Belfast68,800 GBP
Birmingham69,300 GBP
Bradford66,900 GBP
Brighton66,200 GBP
Bristol71,900 GBP
Cambridge62,800 GBP
Canterbury60,000 GBP
Cardiff70,000 GBP
Chester57,100 GBP
Coventry67,400 GBP
Derby66,800 GBP
Derry62,800 GBP
Dundee60,400 GBP
Durham59,600 GBP
Edinburgh68,300 GBP
Exeter64,000 GBP
Glasgow71,400 GBP
Gloucester58,300 GBP
Hartlepool58,200 GBP
Inverness58,000 GBP
Kingston upon Hull67,400 GBP
Kirkwall57,100 GBP
Leeds72,400 GBP
Leicester71,100 GBP
Lincoln65,100 GBP
Lisburn56,000 GBP
Liverpool68,500 GBP
London71,000 GBP
Manchester70,400 GBP
Newcastle68,500 GBP
Newport64,800 GBP
Newry58,900 GBP
Norwich63,800 GBP
Nottingham64,800 GBP
Oxford61,700 GBP
Peterborough63,500 GBP
Plymouth66,500 GBP
Poole63,900 GBP
Portsmouth67,600 GBP
Ripon53,800 GBP
Salisbury56,700 GBP
Sheffield70,300 GBP
Somerset72,600 GBP
Southampton66,400 GBP
St Davids57,300 GBP
Stirling62,700 GBP
Stromness52,900 GBP
Strontian53,300 GBP
Swansea63,200 GBP
Truro58,500 GBP
Wakefield56,300 GBP
Wells53,700 GBP
Winchester57,100 GBP
Wolverhampton66,400 GBP
York65,700 GBP

Salary Comparison By State

StateAverage Salary
England116,000 GBP
Northern Ireland57,800 GBP
Scotland87,300 GBP
Wales57,100 GBP
17000 - 1

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