accounting grads get a 3.7% raise
accounting firms hire the most, pay less.
the average salary for accounting majors is averaging up 3.7 percent to $50,500, according to a new survey of college graduates and the employers who hired them.
salary
cpa firms lead accounting and bookkeeping sector in adding 3,100 jobs in december
cpa firms account for 2 in 3 new jobs.
the nation’s tax, accounting, payroll and bookkeeping businesses added 3,100 employees in december, bringing the industry’s total headcount to 943,100, according to the latest government data obtained by 卡塔尔世界杯常规比赛时间. read more →
will overtime lawsuits “reform” the big four?
entry-level auditors at kpmg win class-action certification.
a new york federal court conditionally certified a national collective action lawsuit that alleges that kpmg llp violated the federal labor laws by denying thousands of entry-level audit employees overtime pay.
“denying associates overtime pay is a problem among all of the big four accounting firms, not just at kpmg,” says attorney justin m. swartz. “we hope that this case, as well as audit, advisory, and tax cases against deloitte, pricewaterhousecoopers, and ernst & young will reform the accounting industry.”
accounting sector adds 2,000 new jobs
even as cpa firms shrink by 1,100.
the nation’s accounting and bookkeeping sector accounted for 2,000 of the 80,000 new jobs created in october, according to new preliminary and seasonally-adjusted data from the u.s. labor department.
for the nation, the jobs gain pushed the unemployment rate down to 9.0% from 9.1%.
for the accounting and bookkeeping sector, october’s performance represents a third straight month of gains and a year-to-year gain of 60,800 jobs, bringing the industry’s payroll to 932,200 employees.
accountants’ job optimism hits new low
index hits recessionary levels.
a leading gauge of confidence among finance and accounting professionals has hit its lowest level since early 2009.
but 61 percent are confident in the future of their current employer, up from 56 percent in the previous quarter.
2012 starting salaries rise 3.5%
after years of layoffs, large and regional accounting firms are hiring.
accountants outpace cpas in job listings
millions of “help wanted” ads surveyed and indexed.
indexed to february 2010, the number of open “accountant” jobs has increased 64% and the number of open “cpa” jobs has declined 11%, according to data from simply hired, a job search engine affiliated with 卡塔尔世界杯常规比赛时间. the graph displays the percentage of jobs with the search terms anywhere in the job listing.
what recession? accounting sector grows 4th month in a row; hours and wages up also
defying national trends, accounting industry expands by 2,200 jobs.
total employment in the accounting and bookkeeping sector grew by 2,200 positions in june (preliminary, seasonally-adjusted), to 933,200, the fourth straight month of gains and the highest headcount since 944,600 in december 2008, according to new government data.
the surge is being fueled by big gains in tax prep shops and in payroll services. cpa firms slimmed down after tax season, as usual, but headcounts are still running higher than a year ago.
most corporate finance salaries remain flat
stuck at about $128,000 in total comp.
pay for finance and accounting executives is remaining essentially flat for the third year in a row, according to a survey by the institute of management accountants of its members.
the average salary increased 3.1% to $109,265 and total compensation increased 4.2% $128,486. but the ima said “neither increase is statistically significant.”
unlike earlier years, total compensation in the latest year rose faster than base salaries. the ima said more finance executives received raises this year, but the average amount of the raise has remained flat.
cfos expect big raises this year
companies increasingly tie pay to non-financial targets.
pay for cfos is set to rebound this year after two years of declines, according to a new aicpa member survey.
predicting “a substantial improvement in 2011 at both private and public companies,” the aicpa survey says bonus-driven compensation should be buoyed this year by rapidly improving corporate performance.
pay surges 19% to $2.9 million for top cfos
cash bonuses lead the way, up 24% average compensation for chief financial officers at s&p 500 companies jumped 19% to $2.9 million last year, driven by rebounding profits and stock prices, according to a wall street journal survey. while the … continued
david bergstein: reward your rainmakers and watch them grow
how the best firms grow in tough times. by david bergstein cpa, citp director of strategic relationships, cch cch intelligent solutions blog the best firms are rewarding staff — all staff — for bringing in new clients and new revenue, … continued
how much to pay a marketing director?
it ranges from $50,000 to $161,000.
cpa firm marketing directors are averaging about $92,800 a year in pay, says a new study by the association for accounting marketing.
- marketing directors, aam (click to enlarge)