Starting pay for new accountants lags other college grads
The average salary offer to freshly graduated accounting majors increased 3.7 percent to $48,020.
But that increase is considerably less than some other business majors.
As a group, business disciplines posted increases across the board, and the overall average salary offer to these majors was up 5.7 percent over last year’s average of $44,287, to $46,800.
So, again, we ask, if there’s really a shortage of new recruits in the accounting business, why aren’t employers paying more? Go Figure: If there’s really a talent shortage…
Business administration/management majors saw a solid increase of 6.7 percent to their average salary offer, raising it from $43,256 to $46,171, and economics majors saw a 6.9 percent increase to their average salary offer, which now stands at $51,062… despite the fact that accounting firms are among the most voracious recruiters on campus this year.
The new data comes from the National Association of Colleges and Employers, which goes on to add… READ MORE →
