staff accountant salary nyc This is a topic that many people are looking for. bluevelvetrestaurant.com is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, bluevelvetrestaurant.com would like to introduce to you US Accountant Salary Trend: How Much to Expect?. Following along are instructions in the video below:
“This is stephanie from ipassthecmaexamcom. Let s take a look at how much us accountants. Accountants. Earn by education level job nature size of the corporations nthey work for and industry.
They are in all dollar amount in us dollars profile of a typical us accountant nthis analysis is based on the 2015 survey. Conducted by the ima on its members. Most of them are either cmas or those aspiring nto be one i suspect the salary level of this group is nslightly higher than the average accountant in the us. The median age of respondents is 47 around two thirds are men practically all of them have bachelor degree and half of them have advanced degrees.
They have been working in the field for 20 nyears. 10 years with current employer and 6 years in the current position around 80 are married. Two thirds have their spouse working outside of the home and 57 are parents in terms of professional qualification. 58.
Nare cmas. 28..
Are cpas and 7 are cgmas 73 of respondents have at least one certification us accountant salary trend from 2011 to 2015 nthe median salary in 2015 was 102 thousand dollars and that for total compensation that is salary plus benefits was 120 thousand dollars. This is a very high level figure that may nnot have much meaning to us. But we can see in a macro perspective how noverall us accountant salary is crawling up at a cagr of 14 . And for compensation at na slightly higher rate of 29 .
Additional compensation. Naround 63. And 20 of respondents received bonus and profit sharing. Respectively with na.
Few percentage point more getting overtime. And other benefits. Altogether. 87.
Of respondents got some sort nof compensation in addition to salary on average. They got 16 thousand dollars more premium from professional certification nthere is a clear positive correlation between accounting certifications and salary..
The 2015. Data shows salary for someone without certification. At 97 thousand dollars. Versus.
The cpas. At 126 thousand dollars cmas at 127 thousand dollars and the ones with dual certifications at 141 thousand dollars. We can further breakdown the data by age from this chart you ll see the impact from ncertification is apparent in all age groups. The upward trend for cpas are more sporadic possibly due to smaller sample size.
The premium from cma shows a more consistent nincrease with age advancement possibly because the pay for senior finance. Professionals. Nsuch as strategic planning directors. Controllers and cfos are much higher than regular corporate naccountants impact on accountant salary from education naccountant salary is also higher for those with advanced education those with masters degrees.
Have on average na. 14 premium in basic salary and 17 premium..
In total compensation those with phds have even higher salary range most doctoral degree holders work in academia as you will see from a later chart universities nand education sector offer higher than average pay to accountants. We also have another post on how accounting nprofessors are in high demand accountant salary and compensation by company nsize. I find this chart. Quite interesting.
It is not surprisingly that smaller companies npay less. But the companies with less than 10 actually pay at the level similar to the nmedium size companies. This trend has been consistent in the last nfew years. I can imagine how many of these smallest companies nare local cpa firms or sole proprietors and they are able to earn more on a per capita nbasis by job function nlastly on job function general management.
It and education consistently rank among the ntop specialized functions typically pay more for example salary of it auditors are higher than that of general internal auditors as shown in this chart. Generalist positions nsuch as general accounting rank lower than those with more specialized role such as nbudgeting and planning and internal audit. Cost accounting and government accounting nare ranked at the lower end every year. The outlier this time is taxation.
I have nseen tax experts ranking. Very higher before this may due to a smaller sample size..
This nyear. What does this mean to you ntwo. Obvious. Observations.
Education and relevant professional qualification. Bumps up your salary down. The road. It is also a good idea to go for a niche.
Within accounting specialization leads to better pay same case for specializing in an industry. The size and structure of the company you work for has some impact on your potential compensation as well i hope you find this video on us accountant salary helpful if you have any questions feel free to drop a note in the comment section. ” ..
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