Feeling undervalued as an accountant? Here’s what to do

You’re putting in long hours, meeting deadlines, and handling complex financial reports—yet, no promotions, raises, bonuses, and little recognition. Sound familiar?

Many accountants feel undervalued, and in a profession where precision and expertise are essential, that can be incredibly frustrating. The good news? There are steps you can take to change the situation.

Signs you’re undervalued as an accountant

Sometimes, the signs aren’t obvious, or you think this is the norm, as it’s what you’ve been used to. Let us pinpoint the signs:

Salary hasn’t increased in years. If you have been earning the same you did 3 years ago while taking on more responsibility, it’s time for a conversation about pay.

More work with no promotion. Handling extra tasks is great for growth, but if you’re doing the work of a senior without the title or pay. That is a red flag🚩

Contributions go unnoticed. Are you delivering results but rarely receive recognition? That is a sign you are being taken for granted.

Left out of key decisions. If you aren’t being consulted on important matters, despite your expertise, it could be a sign your value is not being noticed.

Doing the job of a manager without the salary or title. If you’re managing a function of the business, making strategic decisions, or mentoring staff—tasks that were previously handled by managers—but you haven’t been given the official title or pay increase to match, you’re likely being undervalued. It’s even more telling if you know others in similar roles at different companies who are officially managers while you remain in the same position.

Why this happens in Accounting and Finance

The feeling of being undervalued is common in the accounting and finance industry. By why?

• Tight budgets.
• The industry expects long hours as ‘the norm’
• Lack of transparency

If you suspect you’re being underpaid, our salary guide can help you compare your earnings to industry standards.

• Feeling undervalued doesn’t mean you have to stay stuck. We recommend:
• Asking for a raise (the right way)
• Do your research using the HireIQ salary guide or Glassdoor to see what others in similar roles are earning
• Track your contributions. List the ways you have added value, cost savings, increased efficiency and process improvements.
• Practice the conversation. No seriously, practice what you are going to say so you sound confident and professional.
• Upskill or increase your value
• Specialised qualifications like ACCA, ACA or CIMA can make you more attractive to employers.
• Consider a move

Sometimes, the best way to improve your situation is to move on. If your company isn’t recognising your worth, another employer will. Start exploring opportunities with a recruiter who specialises in finance roles—like us! (Check out our latest job listings.)

Not being paid what you deserve? Let’s chat about your next move. Get in touch today!