Friday, September 13th, 2013
I always try to keep my clients informed about trends in salaries in public accounting. Today, I thought I would share some information with all readers of this blog.
Offers to new hires, annual salary increases and various salary ranges are always a hot topic in CPA management circles. But, please remember…. it takes more than money to keep great talent satisfied.
Glassdoor is just one resource I use. I am providing a link to current salary information from Glassdoor. If you follow this link, you will be permitted access without being a Glassdoor member.
Glassdoor often shares salary information specific to CPA firms. Please keep in mind that when assessing your firm’s salary ranges that geographic location is a major factor.
For I don't care too much for money, for money can't buy me love.
Tuesday, September 4th, 2012
I receive many inquiries about hiring a firm administrator, coaching a firm administrator, setting expectations for a firm administrator and how much to pay a firm administrator.
The role of the professional CPA firm administrator has been elevated to a key management role in most CPA firms. As the expertise, experience and reputation of firm administrators has grown so has the salary.
If you are wondering how much to pay or if what you are paying is on target, you can find out from the 2012 AAA Salary Survey.
The 2012 Association for Accounting Administration’s Compensation Survey was designed as a quick reference tool providing information relative to professionals managing accounting practices. The survey addresses gross billings for firms, firm size, compensation and benefits, hours worked, years of administration experience, administrator billable hours and location. The results indicate the spirit of a profession whose future is growing and evolving.
Members ONLY may view the survey results. Yes, that means if you are not a member, you do not have access. However, for most firms, it’s worth the cost of membership just to have this one benefit. Visit the Association’s website and select the Membership tab, select Join AAA to see the categories and costs. AAA membership is a great investment in the success of your firm.
It's not your salary that makes you rich, it's your spending habits.