Kristen Rampe: Accountability and Simplicity in Partner Comp Drive Success | Gear Up For Growth
“Compensation is one tool, not the tool, to change behaviors and outcomes.”
Gear Up for Growth
With Jean Caragher
For CPA Trendlines
PAY & COMPENSATION
Show Us the Money! Accountants Are Making More
Want to retain employees? Here’s one way.
By Beth Bellor
More money. That’s what the latest data show for the accounting profession.
The final jobs report of 2024 saw the accounting profession’s numbers slip a bit, but the bodies in those seats were pulling down record earnings. Employees in the profession overall, at CPA firms and non-staff in payroll services saw their highest hourly wages ever.
MORE: Survey Says 57% of Firms Are Raising Prices Next Year | How Accounting Firms Are Handling the Staff Shortage | More Big Firms Shut Their Doors to New College Grads | Seven Enticements to Keep Talent On Board | Despite Staffing Crunch, Firms Freeze Pay Raises
Exclusively for PRO Members. Log in here or upgrade to PRO today.
And about time! We heard the call for better compensation in the most recent Rosenberg National Survey of CPA Firm Statistics.
READ MORE →
Battling the Staffing Crisis: Is a Little-Known, But Controversial, Visa Program the Answer for 2025 Hiring?
Is the H-1B foreign worker program a cure for the staffing shortage?
What it is. How it works. And what CPA firms are doing with it.
By CPA Trendlines Research
Twelve Years and Out: Seasoned Accountants Join the Exodus.
No longer a problem confined to just new talent or middle managers.
By CPA Trendlines Research
Salary Guides for Accountants Vary Widely: Whom Do You Believe?
Recruiters Atrium, LHH and Randstad don’t agree.
By CPA Trendlines Research
So, how much does, say, a tax manager pull down these days?
Well, it depends whom you ask.
MORE: Are You Earning What You Deserve? | The Slow, Painful Death of the 150-Hour Rule | Partner Comp Earnings Gap: What’s the Right Spread? | Main Street Accountants See Turbulence Ahead for Small Business | Partners: Your Middle Managers Are Getting Squeezed | The Joys of Firing Bad Clients | Gear Up For Growth | How Future-Proof Is the Accounting Profession? | Accounting Influencers | In-Person Conferences Still Essential | Accounting ARC | Risky Business: The Art and Science of Startup Company Valuation | Innovation through Wellness: You Can’t Grow without a “Well” Firm | Non-Accountants in Accounting: A Game-Changer for the Profession
Exclusively for PRO Members. Log in here or upgrade to PRO today.
The recruiting firm Atrium says the average tax manager takes home between $100,000 and $142,000.
But another recruiter, LHH, says the same person typically earns $158,750 to $172,850, depending on the size of the company.
Another firm, Randstad, gives tax managers an average of $104,424 to $170,767, depending on experience.
READ MORE →