CPA Firm Wages Surge 9%

In payroll, employment is up, but earnings are down.

By Beth Bellor
CPA Trendlines Research

Want an easy way to make employees happy? Give them more money – and that’s just what’s happening in the latest jobs report.

MORE: Accounting Staffs Grow 4%; Pay Rates Surge 8% | Headcounts Grow 5%; Pay Rates Surge at 7% Pace | CPA Staff Wages Hit New High and Keep Climbing | Firms Battle Staff Shortages with Pay Hikes | Tax & Accounting Firms Beef Up Wages and Headcounts | Employee Counts, Earnings Rise
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Except for payroll services, all tax and accounting sectors are seeing higher earnings year over year. Overall pay was up 6.7 percent, with CPA firm staff pay close behind at 6.6 percent. CPA firms beat the national 7.7 percent inflation rate, increasing hourly earnings by a heady 9.2 percent.