Dominic Piscopo’s Big 4 Transparency Joins CPA Trendlines Streaming Network
Accounting platform garners more than 400K views per month.
By CPA Trendlines
PAY & COMPENSATION
Higher Wages, Fewer Jobs: A New Era for CPA Staffing
AI and India Replace U.S. Staff in CPA Industry Shakeup.
By CPA Trendlines Research
The nation’s tax and accounting firms are cutting job rosters even as they’re aggressively raising wages, signifying a structural retrenchment redefining how firms produce and deliver services, according to a new study by CPA Trendlines Research.
MORE Tax and Accounting Wages Hit Record Highs | Show Us the Money! Accountants Are Making More | Chris Vanover: Audit, Now with 100% Less Misery | The Disruptors | Gen AI in Accounting: Epic Transformation, or Overheated Hype? | AI Will Steal Your Job. And That’s a Good Thing | Accounting ARC | Steve Evans: Why Traditional Hiring Methods Fail | The Disruptors
U.S. firms are scaling back staff-level roles, favoring automation and offshore operations. Generative AI and cloud platforms now perform tasks once handled by entry-level staff, including reconciliations, bookkeeping, and basic tax prep. Simultaneously, more firms are offloading transactional services to overseas teams, particularly in India, in response to domestic labor shortages and cost containment efforts.
Struggling to Keep Up with Market Salaries?
Three common misconceptions and how you can compete.
By Dominic Piscopo, CPA
Founder of Big 4 Transparency and
host of the Big 4 Transparency Podcast
I can’t tell you how many firm owners complain to me about the talent shortage and how it’s holding back their growth. In truth, plenty of talent exists. It just may not be out there at the prices you’re willing to pay.
MORE: Tax and Accounting Wages Hit Record Highs | Panel: Radical Changes Coming in Pay and AI | Accounting Influencers
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When firms come to us to source an open position, they usually share a job description that looks solid. But when we get to the salary range they have in mind, it’s often way below what’s being paid in today’s market. That’s usually why they’re not generating as many good candidates as they hope.
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Dominic Piscopo: Clear Pay=Bargaining Power | The Disruptors
“If you can’t afford fair salaries, it’s time to fix your machine—not squeeze your people.”
The Disruptors
With Liz Farr
Accounting Profession Sees Some Job Losses
Payroll earnings up 11 percent.
By CPA Trendlines Research
A bit up here, a bit down there is the story for January employment figures, the most recent data available. Professional and business services saw little change, total nonfarm payroll employment rose by 143,000 and the national unemployment rate ticked down to 4.0 percent.
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There are 1,144,700 people employed in the accounting profession as of January, up 600 for the month but down 9,500 or 0.8 percent for the year. They average 35 hours, down 6 minutes for the month and 1 hour or 2.8 percent for the year. They earn $42.79, up 12 cents for the month and $1.58 or 3.8 percent for the year.
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