compensation

Payroll Agencies Lead Jobs Growth in the Tax & Accounting Industry

By

Join the survey. Get the Results

“The opportunities for CPA firms only increase.”

Get more from the “Talent, Career, and Growth Strategies: Job Satisfaction and Hiring Trends Tracking Poll” 
Join the survey. Get the results.

By Beth Bellor

“It’s a good time to be a CPA,” says Brian Esko, and – with some notable exceptions – it’s hard to disagree.

The managing director and executive recruiter at Parker & Lynch and Ajilon Search points to an unemployment rate of roughly 1.5 percent for accounting, almost 300,000 new jobs created over the last 12 months and wages rising at roughly 3 percent annually.

MORE ON JOBS: Hiring Trends: Accounting Hits 4.2% Expansion Rate | Hiring Trends Flash Warning Signs of Slowdown in Tax & Accounting | CHARTS: Tax & Accounting Among Biggest Jobs Creators in U.S.
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

Esko

“For a CPA, there are more opportunities than ever in the market and companies are doing a better job of rewarding and retaining their people through compensation increases and internal growth opportunities,” Esko says.

In this report, CPA Trendlines highlights:

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

READ MORE →

Hiring Trends Flash Warning Signs of Slowdown in Tax & Accounting

By

CPA firm staffing and wage growth signal weakness.

By Beth Bellor

Not only are several sectors in the tax and accounting industry charting new records in employee numbers, but wages often are up as well, according to new CPA Trendlines research.

MORE ON JOBS: CHARTS: Tax & Accounting Among Biggest Jobs Creators in U.S.
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

But key indexes are flashing signs of a decelerating expansion, possibly augering a slowdown, or even cutbacks, in the months to come.

In this report, CPA Trendlines highlights:

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

READ MORE →

CHARTS: Tax & Accounting Among Biggest Jobs Creators in U.S.

By

Also: who’s hiring, who’s not among client business sectors.

By CPA Trendlines Research

The tax and accounting industry is adding jobs at the rate of 37,000 per year, according to the latest data available, making the profession one of the fastest growing sectors of the U.S. economy.

At the top of the jobs ranking are individual and family services, computer systems design and related services, amusements, gambling, and recreation, home health care services, and warehousing and storage.

Meanwhile, if you have clients in apparel, printing and related support activities, commercial banking, department stores, electronics and appliance stores, telecommunications, sporting goods, hobby, book, and music stores, the outlook is not so rosy — They’re all trimming payrolls.

READ MORE →

Hiring Surge Powered by Growth in Payroll Agencies

By

Join the survey; get the results

Tax & accounting industry adds 40,500 new jobs to hit new record.

CPA Trendlines Jobs Report
Who’s hiring, who’s not, and why?
Who quitting for a new job & when?
Join the survey; get the results

By Beth Bellor

Payroll is proving to a bright spot and women are making some impressive gains in our look at employment in the accounting profession. The latest CPA Trendlines Jobs Report also finds that tax preparation services employment spiked in March, even when seasonally adjusted.

MORE ON JOBS: Tax Shops Bulk Up for Big Busy Season | Jobs Report: 43,000 New Hires | Tax Shops Cut 6,200 Jobs | Tax Shops Cut Staff by 10% | Benefits, Perks, and Incentives: The Happy-Packs of Employee Satisfaction | Salary Survey: Top Skills Getting Top Pay

GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

In this report, CPA Trendlines highlights:

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

Typically, one respondent tells the CPA Trendlines Jobs Report said she’s “Not actively looking” for a new job, “but maybe I could be persuaded.” The reason: “Not comfortable with direction firm is taking.”

READ MORE →

Tax Shops Bulk Up for Big Busy Season

By

Wages hit new highs.

By Beth Bellor
CPA Trendlines

New hiring in the tax and accounting industry may be slowing in many areas, but the latest CPA Trendlines Jobs Report finds gains overall. Up is up and we’ll take it.

MORE ON JOBS: Jobs Report: 43,000 New Hires | Tax Shops Cut 6,200 Jobs | Salary Survey: Top Skills Getting Top Pay | Accounting Wages Set New Record | All Staffed Up? New Tax Prep Hiring Stalls on Eve of Busy Season | The Myth of the Staff Shortage
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

READ MORE →

2019: Buckle Up for a Bumpy Road

By

Pro Members: click here to get full article. Or go Pro here.

Global trade wars, political winds buffet business.

By Kayleigh Padar
CPA Trendlines

CPAs should be prepared to help their clients navigate an increasingly unstable global economy and burgeoning challenges with technology, particularly cyber threats, according to a new global study of C-level executives.

MORE SURVEYS & RESEARCH: Jobs Report: 43,000 New Hires  |  CPA Wealth Advisor Survey  |  Survey: Clients Rush for TCJA Answers  |  Join the Accounting Firm and Operations Technology Survey  |  Mergers vs. Clients: Winners and Losers  |

GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

The annual study from ATKearney shows a bumpy road ahead for global executives, from the effects of Brexit to the increase in targeted fake news campaigns. READ MORE →

Economy Shakes CPA Confidence

By

CPA Outlook Index (AICPA)

But they expect better for their own firms.

By Kayleigh Padar
CPA Trendlines

Trade wars and interest rate trends are undermining accountants’ confidence in the U.S. economy, even as their outlook for their own firms strengthens, according to a new survey of 400 C-level CPAs.

MORE SURVEYS & RESEARCH: Jobs Report: 43,000 New Hires  |  CPA Wealth Advisor Survey  |  Survey: Clients Rush for TCJA Answers  |  Join the Accounting Firm and Operations Technology Survey  |  Mergers vs. Clients: Winners and Losers  |

GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

Only 57 percent said they were optimistic about the U.S. economy over the next 12 months, down from 69 percent in the previous quarter. CPAs cite trade issues and rising interest rates as the main reasons for their pessimism. READ MORE →

Jobs Report: 43,000 New Hires

By

Hourly pay averages $33.53, up 4%.

By Beth Bellor
CPA Trendlines

As 2019 dawns, the most stunning trends in hiring in the tax and accounting industry is in payroll services, which shows year-over-year increases of 7 percent or more in overall employment, according to an exclusive CPA Trendlines analysis. Meanwhile, tax prep continues its slow slide.

MORE ON JOBS: Tax Shops Cut 6,200 Jobs | Tax Shops Cut Staff by 10% | Benefits, Perks, and Incentives: The Happy-Packs of Employee Satisfaction | Salary Survey: Top Skills Getting Top Pay | Growth Slowdown: Tax & Accounting Hiring Rates Hit Headwinds | Steady Gains in Hiring at Accounting Firms | Accounting Wages Set New Record
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

In this report, CPA Trendlines reports:

  • 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

READ MORE →