Friday Footnotes: Accounting Salaries on the Rise; PwC Sets a Record; Succession Suggestions? | 9.23.22

Psst! While we have you…get on our newsletter list if you want more headlines like these. And have a good weekend! That’s an order.

Salaries

Salaries in Finance & Accounting on the Rise as Executives Adapt to Fluctuating Market Pressures, Says New Report [Randstad] According to a new report from Randstad USA, finance and accounting professionals remain in the driver’s seat of the labor market, with demand rising for roles like financial analysts and staff accountants. Other positions requiring similar skills that are especially in demand include accounting managers, controllers, and payroll coordinators/clerks. Randstad’s 2023 Finance & Accounting Salary Guide found that demand for these roles is most acute in California, Texas, New York, Florida, Illinois, North Carolina, Ohio, and Georgia. Overall, there was a high regional variance between average salaries for finance and accounting professionals, which can be explained by variations in the cost of living and the fact that employers are offering higher salaries to attract workers back into the office in some markets. The report found that salaries are highest for finance and accounting professionals employed in San Francisco and Los Angeles (+64.8% and +57.6% above the national average, respectively) and lowest in Little

Read More