Wages Up, Headcounts Down at Tax & Accounting Firms

Are these the signs of a business model makeover?

By Beth Bellor

The tax and accounting industry is marking its 15th consecutive month of jobs growth, led by CPA firms and payroll services, according to the new CPA Trendlines Research study on jobs trends. The new analysis shows wage increases coming even as the pace of hiring is weakening and hours worked hits a four-year low.

MORE ON JOBS: Tax & Accounting Salaries Increase 2.8% | Accounting Profession Growing, But Slowly | Accounting Employment Creeps Back Up | Regional CPA Firms Go Head-to-Head with Big Four in Talent Wars | Global Talent Wars Hit Home for Local Firms | Tax & Accounting Industry Shows Signs of Slowdown
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In this report, CPA Trendlines highlights:

  • Current hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the industry.
  • Average hourly wages for key segments
  • Typical hours worked per week
  • Trends concerning women in the accounting workforce