Forums › ACCA Forums › General ACCA Forums › Query regarding performance objectives
- This topic has 5 replies, 2 voices, and was last updated 5 years ago by Chris.
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- February 12, 2019 at 4:08 pm #504915
Hi, I am a recent acca affiliate. I have a query regarding my performance objectives for my PER. I have worked in accounts role for 3.5 years. I have achieved the financial accounts objectives which are 3/4 of the objectives required to complete PER. In regards to tax, would coputation of corporation tax payable and vat returns be sufficient to cover the tax performance objective? if so, I should technically qualify?
my managers say I need to achieve audit objectives to qualify and they haven’t yet let me go on audits. They also haven’t even signed my time off on ACCA. I am in a contract and I feel like they are delaying my progression and success deliberately. I want to move, I have an interview coming up this month and if I do get offered a job, I am worried my manager will not sign off my time or PER achieved to date?
February 13, 2019 at 2:55 pm #505023It sounds like you have met most of the requirements for objective 15, but perhaps not the calculation of tax for individuals.
Your managers are incorrect in saying you need audit objectives to qualify. You simply need to complete the 5 mandatory and any 4 optional objectives. It doesn’t matter which of the optional objectives you do, as long as you can evidence it.
Not signing off your time does strike me as a deliberate ploy to force you to stay. I remember your other posts and the management of your company don’t sound like the most ethical bunch. It sounds like you would be better off leaving, but this would probably make it even more difficult to get your PER signed off, so it’s a bit of a predicament.
Are you still being underpaid? Previously you said you were earning less than 20k as a part qualified student. I hope this has been increased since you completed your exams, otherwise it’s clear your employer is exploiting you.
February 14, 2019 at 10:44 am #505098Hi Chris. Yes that is right. there is a risk to leaving aswell as staying. and yes I am still underpaid, my salary has barely increased despite my good workin performance and exam success.
February 14, 2019 at 12:55 pm #505111Well it really seems to me like you are being exploited. I think you would be able to get a big increase in salary by leaving as well as getting a more enjoyable job and being able to work on your performance objectives.
I would try to get your existing time signed off ASAP. Don’t worry about your objectives for now, you can do those at another employer. Get your time signed off and look for other jobs. Once you have an offer, you can threaten to leave unless they increase your salary and help you finish your PER, or you can just leave anyway.
You can do better than this my friend. Know your own worth.
February 14, 2019 at 2:11 pm #505118That is a good idea actually, I was thinking of the threat to make to them, but I have this feeling that they never really wanted to keep me. Colleagues have been saying to me they think the managers just don’t want to pay me high salary and just keep me for cheap because of their tightness with spending. I haven’t had any impression from them wanting me to stay since they give me all the miniscule jobs and haven’t made an effort to arrange for me to go on audit despite assigning almost everyone else (even those who joined after me).
Thankyou for the advice, I would highly appreciate any suggestions of good employers you know that I could possibly consider? Do you know of any current vacancies in the west midlands (Birmingham, Wolverhampton areas?)
February 14, 2019 at 3:17 pm #505126@pchahal said:
Colleagues have been saying to me they think the managers just don’t want to pay me high salary and just keep me for cheap because of their tightness with spending. I haven’t had any impression from them wanting me to stay since they give me all the miniscule jobs and haven’t made an effort to arrange for me to go on audit despite assigning almost everyone else (even those who joined after me).I’d say your colleagues are correct. At the moment your employer is getting a nearly qualified accountant with several years experience, but paying them at the level of an assistant accountant who’s only just starting their exams. They don’t seem to care about you and aren’t treating you with respect.
I am not in that area of the country so can’t help you with specific vacancies but would advise you to use websites like Reed, TotalJobs & Indeed to look for jobs. You should also get a LinkedIn profile if you don’t have one already and update it as much as you can. I am often contacted directly by recruiters on LinkedIn. You could also contact recruitment agencies such as Robert Half and Hays. They would be able to help you find a new role and advise you the kind of salary range you should be going for.
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