Average Accountant with Financial Reporting Skills Salary in Philippines
The average annual salary of Accountant is ₱342,286.00
The starting salary of Accountant is between ₱121,108.00 and ₱142,480.00 whereas the maximum salary range is between ₱698,340.00 and ₱803,091.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| ₱121,108.00 | ₱803,091.00 |
The average hourly pay of Accountant is ₱153.40.
The starting hourly rate is between ₱55.00 and ₱64.66 for Accountant whereas the maximum hourly wage is between ₱3,270.00 and ₱3,761.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| ₱55.00 | ₱3,761.00 |
- Currency : PHP
- Annual Salary : ₱342,286.00
- Hourly Pay : ₱153.40
- Weekly Pay : ₱6,269.00
- Fortnightly Salary : ₱12,538.00
- Monthly Salary : ₱27,166.00
Accountant Salary Comparison by Gender
This pie chart demonstrates the gender share for Accountant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Accountant compared to male. Their involvement is 75% while of male is only 25%.
Salary Distribution Based on Years of Experience
The line graph shows Accountant salary in Philippines on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Accountant working less than a year in a company, you notice that their annual salary starts around ₱242,492.64.
As the years of experience reaches 1 to 4, there is a significant increase of ₱68,338.54 which would give a total wage of PHP3,10,831.18.
Once the experience reaches 5-9 years Accountant salary would increase again to a total of ₱461,316.33, adding ₱150,485.15 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of ₱489,456.06.
And finally, once the Accountant gains 20 years of experience or more, their salary would reach ₱473,000.00.
Prominent Skills Affecting Accountant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Accountant's salary. It clearly highlights the skills needed for a post of Accountant when hired by an employer.
The most vital skill expected of Accountant is Cost Accounting which impacts the most than the rest of the skills indicated with a staggering 269% comparatively. Therefore, one’s salary would greatly depend on their skills in Cost Accounting.
The skill least likely to affect one’s pay would be Budget Management with 3%. It can be said that Budget Management skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Accountant. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is ₱243,023.00 whereas the highest earning is ₱496,315.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of ₱496,315.00 at 45%. So to summerize, Entry Level earns 29% less than the average salary, Early Career earns 8% less than the average salary, Mid Carrer earns 37% more than the average salary, Late Career earns 45% more than the average salary, Experienced earns 37% more than the average salary.