PAY & COMPENSATION

Accounting Industry Extends 5% Growth into Busy Season

SOURCE: CPA TRENDLINES
Source: CPA Trendlines

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By CPA Trendlines

Have we mentioned it’s a great time to be an accountant?

We have, of course. But the good news shows no signs of slowing. According to CPA Trendlines sources, increases of 5 percent or more were seen in

  • overall staff employment;
  • CPA firms, both overall and staff;
  • payroll, both overall and staff;
  • women overall, at CPA firms and in payroll;
  • and tax preparation, which skipped into double digits.

Payroll staff saw the steepest decline, in hourly wages.  The new CPA Trendlines Careers and Hiring Outlook survey results come amid a tax season, which by most measures, is much improved over last years.

MORE on TAX SEASON for PRO MEMBERS (Go PRO here):  Busy Season 2016: More Clients, Fewer Problems  |    Problem Clients Causing Big Trouble  |  Most Tax Professionals Call 2016 Busy Season Much Improved over Last Year | Stress Less This Tax Season  |  Is Tax Season the New Fraud Season?  |  5 Tax Season Motivation Tips  |  Recognize Your Tax Season Resources  |  Tax Season 2016: IRS in Crisis  |  Eliminate Tax Season Excuses  |  Record Pre-Season Hiring Surge: Ready for Biggest Tax Season Ever?  |  16 Qualities of a Good Tax Season Client  |  8 Ways to Delight Tax Season Clients  |  Small Tax Season Leaks Can Cause Great Damage  |  5 Ways Thorough Beats Sloppy In Tax Season  |  Tax Season Management: Multi-Tasking Is a Myth  |  Digital Workflow Systems Make Tax Season Easier  |  Why CPAs Need to Worry about Cyber Crime (Especially in Tax Season)

Here CPA Trendlines reports on:

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