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Salary Guide: Accounting and Finance
Salary Guide: Accounting and Finance
IFRS
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IFRS
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Negotiation
Tax Management
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Communication
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Accounting
Growth Forecast
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Continuous learning
Business acumen
Strategic decision making
Budget
Management Adviser
Guidance Relationships
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Reconciliations
Technology
3
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Regulations Spreadsheets
Relationships
Technology
Financial reporting
Tax
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Soft skills
Accounting
Financial reporting
Financial
reporting
Relationships
Leadership
Management
Relationships
Growth
Technology
Connections
Soft skills
Strategy
Strategy Customer service
Compliance Regulations
IntegrityCommunication
Collaboration
Compliance
Accounting
Leadership General ledger Well-rounded Reconciliations
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Business acumen
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Continuous learning
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Salary Guide
Accounting and Finance
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SKILLS
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TRENDS
Table of Contents
NNECTIONS
PEOPLE
OVERVIEW
TEAMWORK
HNOLOGY
GOAL
1
From the Chairman
2
3
10
23
26
27
28
>>
All trademarks contained herein are the property of their respective owners.
Max Messmer
Chairman and CEO
Robert Half International
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Negotiation
Year-end
Audits
Communication
Strategy
Accounting
Relationships
Budget
Management
#
6
3
2
Regulations
Pivot tables
Accounting
XBRL Collaboration
Adviser
Audits
7 3
1
97 35
Spreadsheets
4
7
Relationships
Soft skills StrategyNegotiation
6 +
4
4 7
3 5
2 9
+
43
Well-rounded
Global
Audits
Relationships
Pivot tables
Well-rounded Global
Adviser
Customer service
7 27
ERP
Tax Technology
Reconciliations
ership Soft skills
Negotiation Pivot tables
Collaboration
Compliance
Connections Relationships
ERP Technology
Connections
Tax Strategy
Growth
Leadership
Adapt
Connections
Collaboration
Audits
26
Management
Business acumen
87
7
82 1
Compliance
Tax
9
43
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General ledger
Global
Connections
Accounting Regulations
XBRLAccounting
Leadership Adviser GAAP
To help address staffing shortfalls and alleviate the workloads of their full-time teams, companies are turning to
temporary and project-based professionals while they ride
out the economic recovery. In addition, a growing number
of employers are using temporary-to-hire arrangements
as a means of evaluating workers for full-time positions.
5
3
972
2
Delaying the hiring process too much can also affect the
morale and retention of existing employees who may feel
theyve waited long enough for reinforcements. Voluntary
turnover is rising as professionals feel more confident
about leaving for other opportunities, and in-demand
professionals often are receiving salary increases when
changing jobs.
ntegrity
Unemployment rates in
areas such as accounting
and auditing and financial
analysis are frequently
well below the national
average.
CFOs were asked, How important is it for entry-level accounting and finance
professionals to have gained work experience in the field while in college?
Their responses:
Very important
26%
65%
Somewhat important
3%
Somewhat unimportant
6%
Positions in Demand
Financial analysts Demand for financial analysts
exceeds the supply in some cases. Companies place a
premium on business-savvy analysts who can help identify trends in financial data and offer timely input for decision making. Candidates with strong communication skills
and an MBA are highly sought.
Business systems analysts Employers are working
with business systems analysts to support better decision
making by enhancing their financial systems. As firms
continue to upgrade their information technology (IT)
infrastructures, demand is accelerating for professionals
who are familiar with company-specific ERP systems and
possess finance and technology expertise.
Accountants Companies seek accountants at the staff,
senior and manager levels. Demand is especially strong
for those with at least three years of experience and a
CPA designation. Many firms that lost midlevel staff in
recent years due to cutbacks or attrition are eager to
groom new hires for future leadership roles.
Compliance officers With the regulatory environment
constantly evolving, businesses need compliance officers
to oversee activities and report directly to top management.
A law degree is often required for executive positions, as
are strong leadership and communication skills.
Auditors Demand is growing for auditors in public
accounting and industry. Companies have a need for
auditing services related to compliance and lending
requirements, as well as due diligence reviews.
IT auditors Individuals who understand the interrelation between IT audit procedures and business process
controls and risks are highly sought.
Cost accountants Demand is steady for skilled cost
accountants who can help companies minimize costs
by merging accounting and analysis skills in a manufacturing environment.
Controllers As they rebuild their finance-function
infrastructures, growth-focused companies continue to
hire for this critical role.
>>
Spotlight on Healthcare
A broad set of factors is driving growth in the healthcare field, and employers
are hiring to keep pace with the changes. Organizations need accounting and
finance staff who can help manage and support new technical requirements,
regulatory mandates and growth objectives.
Perhaps the biggest trend driving hiring is the move to the value-based reimbursement model. In particular, facilities need financial professionals with
technology expertise who can manage the resulting changes to their systems.
Another major factor influencing employment is the meaningful use regulation,
a component of the Health Information Technology for Economic and Clinical
Health (HITECH) Act. Healthcare organizations need senior-level finance
professionals to complete operational assessments and determine financing
for electronic medical records systems implementations and upgrades.
The move to ICD-10 also is contributing to employment growth. As healthcare
organizations, health insurance companies and medical practices all shift
to the updated classification system, there will be demand for experienced
finance personnel with expertise in areas such as revenue analysis, chargecapture analysis, and billing and coding compliance.
Throughout the industry, there is demand for compliance professionals who
can help their firms meet evolving mandates and keep the business current
with changes to Medicare and Medicaid. In addition, revenue analysts are
needed to decipher financial data and identify potential problem areas, and
project managers are in increased demand to handle initiatives related to
electronic medical records.
Organizations across the industry will be affected by the Affordable Care Act
and have begun assessing how the resulting requirements affect their businesses. To comply with the provisions of the law, firms will need compliance
specialists, as well as finance professionals who can assess potential tax
penalties and credits.
>
>
Title/Experience
2013
% Change
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
$
$
$
$
$
275,000
189,750
132,750
110,000
96,750
$
$
$
$
$
411,000
275,250
190,500
154,500
136,000
$
$
$
$
$
$
$
$
$
$
430,250
287,250
198,000
160,750
142,000
3.6%
3.6%
3.7%
3.7%
3.5%
(The above category assumes there is a corporate controller who reports to the CFO.)
Treasurer
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
$
$
$
$
$
a
$
$
$
$
$
407,250
272,000
184,500
150,750
130,250
$
$
$
$
$
278,000
193,500
131,750
111,250
96,250
$
$
$
$
$
422,000
281,250
190,750
155,500
134,500
2.9%
2.9%
2.9%
2.7%
2.7%
$
$
$
$
$
340,750
260,250
185,750
149,750
121,000
$
$
$
$
$
219,500
178,500
137,000
112,000
89,250
$
$
$
$
$
352,250
268,000
192,250
155,250
125,500
2.8%
2.6%
3.1%
3.3%
3.4%
$ 144,500 - $ 213,500
$ 124,500 - $ 180,500
$ 106,250 - $ 147,750
$ 98,000 - $ 131,500
$ 87,500 - $ 114,250
$
$
$
$
$
149,500
128,500
110,250
101,000
90,250
$
$
$
$
$
222,750
188,000
153,000
136,250
118,500
4.0%
3.8%
3.6%
3.4%
3.5%
$ 140,250 - $ 199,250
$ 125,000 - $ 174,250
$ 105,250 - $ 139,250
$ 92,250 - $ 124,750
$ 80,000 - $ 109,500
3.3%
3.4%
3.3%
3.6%
3.6%
$
$
$
$
$
3.3%
3.5%
3.5%
3.6%
3.4%
$
$
$
$
$
a
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
Director of Finance
273,000
189,500
129,000
109,000
94,500
215,500
175,000
133,500
109,000
86,750
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
$ 136,750 - $ 192,000
$ 121,250 - $ 168,250
$ 102,000 - $ 134,750
$ 89,500 - $ 120,000
$ 77,750 - $ 105,250
$
$
$
$
$
140,000
129,500
116,500
103,000
89,500
$
$
$
$
$
196,750
169,000
152,250
135,000
118,000
143,500
133,250
120,000
106,000
92,500
$
$
$
$
$
204,250
175,750
158,250
140,500
122,000
a. Bonuses and incentives reflect an increasingly large part of overall pay at this level and are not included in the salary ranges
listed above. Advanced degrees or professional certifications also are assumed at this level.
Unless otherwise noted (see footnote a), add 5-10 percent for graduate degrees or professional certifications.
The figures listed on Pages 10-22 are average national starting salaries. To calculate the appropriate salary range for your market,
please refer to the local variance information beginning on Page 23.
Corporate Accounting
2012
Title/Experience
a
Corporate Controller
% Change
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
Controller
2013
$
$
$
$
$
142,750
128,000
110,750
95,000
82,750
$
$
$
$
$
199,000
169,000
144,750
126,500
110,250
$
$
$
$
$
147,000
131,750
114,250
98,000
85,750
$
$
$
$
$
207,750
176,000
150,250
131,750
114,500
3.8%
3.6%
3.5%
3.7%
3.8%
$
$
$
$
$
135,750
113,000
97,500
80,000
69,000
$
$
$
$
$
183,250
153,500
129,250
110,250
95,000
$
$
$
$
$
140,500
116,750
100,750
82,500
71,500
$
$
$
$
$
192,500
160,500
135,000
116,000
99,750
4.4%
4.0%
4.0%
4.3%
4.4%
$
$
$
$
$
171,000
152,750
132,500
117,250
106,000
$
$
$
$
$
132,750
121,000
107,000
94,250
82,250
$
$
$
$
$
179,250
159,000
138,250
122,500
111,250
4.0%
3.7%
4.0%
4.0%
4.2%
$
$
$
$
$
142,250
123,500
102,250
88,750
78,000
$
$
$
$
$
108,500
98,500
82,000
69,500
58,250
$ 148,750
$ 129,500
$ 107,000
$ 92,750
$ 81,750
4.0%
4.3%
4.3%
4.2%
4.5%
$
$
$
$
$
142,750
123,000
102,250
88,750
77,250
$
$
$
$
$
106,000
96,000
82,000
68,250
57,500
$ 148,250
$ 128,000
$ 106,750
$ 92,750
$ 80,250
3.6%
3.9%
4.0%
4.2%
4.0%
$ 142,000 - $ 233,500
$ 104,500 - $ 156,750
$ 146,500 - $ 241,750
$ 107,750 - $ 163,000
3.4%
3.6%
$ 100,250 - $ 142,500
$ 79,500 - $ 110,750
$ 103,250 - $ 148,500
$ 82,000 - $ 115,750
3.7%
3.9%
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
a
Divisional Controller
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
$
$
$
$
$
a
Assistant Controller
129,000
117,250
103,250
91,250
79,750
$500+
$250 to $500
$100 to $250
$50 to $100
To $50
$
$
$
$
$
105,000
95,000
79,000
67,000
56,000
Tax Director
$
$
$
$
$
102,750
92,500
79,250
65,750
55,250
$250+
$100 to $250
(This is a senior management position. The tax manager titles on Page 14 are line-manager positions.)
a. Bonuses and incentives reflect an increasingly large part of overall pay at this level and are not included in the salary ranges
listed above. Advanced degrees or professional certifications also are assumed at this level.
Unless otherwise noted (see footnote a), add 5-10 percent for graduate degrees or professional certifications.
Corporate Accounting
2012
Title/Experience
2013
% Change
$ 153,750
$ 125,250
$ 100,000
$ 77,250
$ 60,250
$
$
$
$
$
214,250
170,750
132,500
99,750
79,750
$
$
$
$
$
157,750
129,500
102,750
79,500
62,000
$
$
$
$
$
223,250
177,750
138,250
104,000
83,000
3.5%
3.8%
3.7%
3.7%
3.6%
$ 128,500
$ 108,750
$ 89,250
$ 68,750
$ 56,250
$
$
$
$
$
174,250
143,750
118,500
91,000
74,750
$
$
$
$
$
132,250
112,250
92,250
71,250
58,250
$ 182,250
$ 150,000
$ 123,500
$ 95,250
$ 77,750
3.9%
3.9%
3.9%
4.2%
3.8%
$ 105,000
$ 89,750
$ 74,000
$ 60,500
$ 48,500
$
$
$
$
$
139,250
117,750
96,250
79,000
64,500
$
$
$
$
$
108,000
92,750
76,500
62,500
50,000
$ 145,250
$ 123,000
$ 101,000
$ 82,750
$ 67,250
3.7%
4.0%
4.3%
4.1%
3.8%
$500+
$250 to $500
$100 to $250
$ 156,750 - $ 241,000
$ 123,500 - $ 177,750
$ 102,500 - $ 141,000
$ 161,500 - $ 249,750
$ 127,500 - $ 184,500
$ 105,500 - $ 146,750
3.4%
3.6%
3.6%
$
$
$
$
90,000
71,750
55,000
46,000
$
$
$
$
127,000
94,000
73,500
57,750
$
$
$
$
93,000
73,750
56,750
47,500
$ 132,250
$ 98,500
$ 77,000
$ 60,250
3.8%
3.9%
4.1%
3.9%
$
$
$
$
78,750
65,000
51,000
44,000
$
$
$
$
106,250
84,250
69,000
55,750
$
$
$
$
81,500
67,500
52,750
45,500
$ 111,000
$ 88,250
$ 72,250
$ 58,250
4.1%
4.4%
4.2%
4.0%
Corporate Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
99,000
85,750
64,000
53,500
$
$
$
$
140,250
111,750
85,750
68,000
$
$
$
$
102,000
88,250
65,750
55,250
$ 146,250
$ 116,250
$ 89,500
$ 70,500
3.8%
3.5%
3.7%
3.5%
$
$
$
$
91,750
76,250
60,250
49,250
$
$
$
$
124,000
97,750
78,500
63,250
$
$
$
$
94,750
79,000
62,250
50,750
$ 130,000
$ 101,750
$ 82,000
$ 65,750
4.2%
3.9%
4.0%
3.6%
$
$
$
$
98,750
77,750
59,000
47,500
$
$
$
$
131,000
97,250
74,750
58,500
$
$
$
$
100,750
79,500
60,500
48,500
$ 136,750
$ 101,250
$ 77,750
$ 60,750
3.4%
3.3%
3.4%
3.1%
$
$
$
$
89,000
70,750
56,000
45,000
$
$
$
$
113,250
87,750
68,750
55,250
$
$
$
$
91,000
72,250
57,500
46,000
$ 118,250
$ 91,500
$ 71,500
$ 57,250
3.5%
3.3%
3.4%
3.0%
$
$
$
$
75,500
60,250
47,250
39,750
$
$
$
$
104,250
79,250
62,000
49,500
$
$
$
$
77,750
62,250
49,000
41,000
$ 109,250
$ 82,750
$ 65,000
$ 51,750
4.0%
3.9%
4.3%
3.9%
$
$
$
$
65,500
54,250
43,250
37,500
$
$
$
$
87,000
71,250
58,000
47,000
$
$
$
$
68,000
56,250
45,000
38,500
$
$
$
$
90,750
74,250
60,750
49,250
4.1%
4.0%
4.4%
3.8%
$
$
$
$
59,500
49,500
39,750
35,250
$
$
$
$
78,500
63,750
52,750
42,750
$
$
$
$
61,500
51,250
41,000
36,250
$
$
$
$
82,500
66,750
55,500
44,750
4.3%
4.2%
4.3%
3.8%
Corporate Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
76,750
62,000
48,750
41,750
$ 103,750
$ 81,250
$ 63,000
$ 51,500
$
$
$
$
79,250
64,250
50,500
43,000
$ 108,500
$ 85,000
$ 66,000
$ 53,750
4.0%
4.2%
4.3%
3.8%
$
$
$
$
67,750
56,250
45,000
40,000
$
$
$
$
89,750
72,750
59,500
49,000
$
$
$
$
70,500
58,250
46,750
41,250
$
$
$
$
93,500
75,750
62,250
51,250
4.1%
3.9%
4.3%
3.9%
$
$
$
$
83,250
67,250
50,000
42,750
$ 114,750
$ 86,000
$ 67,250
$ 53,500
$
$
$
$
85,750
69,750
51,500
44,000
$ 120,000
$ 90,000
$ 70,750
$ 56,000
3.9%
4.2%
4.3%
3.9%
$
$
$
$
71,750
56,750
47,500
41,500
$
$
$
$
96,750
76,750
61,750
51,000
$
$
$
$
73,750
58,750
49,000
42,750
$ 101,000
$ 80,000
$ 64,500
$ 53,250
3.7%
3.9%
3.9%
3.8%
$
$
$
$
84,250
68,500
51,750
42,500
$ 114,500
$ 89,000
$ 69,500
$ 53,750
$
$
$
$
86,750
70,500
53,500
43,750
$ 119,750
$ 93,750
$ 72,750
$ 56,250
3.9%
4.3%
4.1%
3.9%
$
$
$
$
74,750
62,500
48,500
40,750
$
$
$
$
99,000
81,250
64,500
50,000
$
$
$
$
77,000
64,500
50,250
42,000
$ 103,500
$ 84,750
$ 67,250
$ 52,250
3.9%
3.8%
4.0%
3.9%
$
$
$
$
64,750
53,750
44,000
38,000
$
$
$
$
83,750
70,000
56,750
45,750
$
$
$
$
67,250
55,500
45,500
39,250
$
$
$
$
4.0%
3.8%
4.2%
3.9%
87,250
73,000
59,500
47,750
Corporate Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
$
$
$
$
111,750
85,750
68,250
53,250
$
$
$
$
$ 116,500
$ 89,500
$ 71,250
$ 55,250
3.5%
3.6%
3.6%
3.4%
$
$
$
$
$
$
$
$
96,750
78,750
63,500
49,250
$
$
$
$
$ 100,750
$ 82,250
$ 66,250
$ 51,250
3.7%
3.9%
3.8%
3.4%
$
$
$
$
$
$
$
$
82,500
68,500
56,750
45,500
$
$
$
$
$ 85,750
$ 71,000
$ 58,750
$ 47,250
3.5%
3.5%
3.5%
3.3%
$
$
$
$
$
$
$
$
112,500
86,750
68,750
53,000
$
$
$
$
$ 117,000
$ 90,500
$ 71,250
$ 55,000
3.6%
3.6%
3.3%
3.2%
$
$
$
$
$
$
$
$
96,750
79,000
62,500
49,500
$
$
$
$
$ 100,750
$ 82,000
$ 64,750
$ 51,250
3.5%
3.4%
3.4%
3.1%
$
$
$
$
$
$
$
$
82,750
68,750
57,250
46,000
$
$
$
$
$ 86,250
$ 71,500
$ 59,500
$ 47,750
3.6%
3.5%
3.5%
3.0%
$
$
$
$
$
$
$
$
111,250
86,500
68,500
53,500
$
$
$
$
$ 116,750
$ 90,250
$ 71,000
$ 55,500
3.9%
3.7%
3.5%
3.1%
Corporate Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
73,250
60,250
47,500
40,000
$
$
$
$
96,000
79,500
63,250
49,500
$
$
$
$
75,000
62,250
48,500
41,000
$ 100,250
$ 82,250
$ 66,000
$ 51,250
3.5%
3.4%
3.4%
3.1%
$
$
$
$
63,000
52,750
42,750
37,000
$
$
$
$
83,000
68,500
56,750
45,750
$
$
$
$
64,750
54,000
44,000
37,750
$
$
$
$
86,750
71,500
59,000
47,500
3.8%
3.5%
3.5%
3.0%
$
$
$
$
81,000
68,500
52,500
44,250
$ 107,250
$ 89,250
$ 72,000
$ 57,250
$
$
$
$
83,500
70,750
54,250
45,500
$ 113,000
$ 93,250
$ 75,500
$ 59,500
4.4%
4.0%
4.2%
3.4%
$
$
$
$
80,750
68,500
52,750
44,250
$ 106,750
$ 89,250
$ 71,500
$ 57,250
$
$
$
$
83,250
70,750
54,500
45,500
$ 112,000
$ 92,750
$ 74,000
$ 59,500
4.1%
3.6%
3.4%
3.4%
$ 64,500 - $ 106,000
3.3%
$
$
$
$
$ 63,000 - $ 102,000
$
$
$
$
66,500
51,500
41,250
33,250
$
$
$
$
94,750
71,750
57,000
44,250
68,250
53,000
42,250
34,250
$
$
$
$
99,000
74,750
59,250
45,750
3.7%
3.7%
3.3%
3.2%
$ 54,000 - $
$ 43,500 - $
$ 31,000 - $
77,000
59,500
42,500
3.8%
3.8%
3.2%
$ 45,250 - $
$ 38,500 - $
$ 29,750 - $
64,000
51,250
39,750
3.6%
3.8%
3.3%
$ 52,750 - $ 73,500
$ 42,500 - $ 56,750
$ 30,250 - $ 41,000
$ 44,000 - $ 61,500
$ 37,250 - $ 49,250
$ 28,750 - $ 38,500
Corporate Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
$
$
$
$
57,250
51,000
43,750
38,000
$
$
$
$
$
$
$
$
59,250
52,500
45,500
39,500
3.3%
3.1%
3.2%
3.4%
73,000
42,750
63,000
40,500
81,000
52,250
42,250
71,750
49,750
39,000
$
$
$
$
$
$
$
$
$
$
50,500 32,000 46,500 31,000 53,000 39,500 32,750 48,250 38,500 31,000 -
$
$
$
$
$
$
$
$
$
$
76,500
44,250
66,000
42,250
85,500
54,500
43,750
75,500
51,750
40,750
3.7%
3.7%
3.7%
3.5%
3.6%
3.6%
3.4%
3.8%
3.7%
3.6%
60,000
40,750
55,000
39,000
63,000
41,250
60,000
38,000
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
63,000
42,500
57,500
40,250
65,750
42,750
62,750
39,750
3.8%
3.9%
3.6%
3.3%
3.7%
3.5%
3.6%
3.4%
52,250
38,000
51,500
37,250
$
$
$
$
39,250
29,000
39,500
29,250
$
$
$
$
54,250
39,250
53,750
38,750
3.3%
3.4%
3.6%
3.4%
$ 34,500 - $ 46,750
$ 34,750 - $ 49,000
4.2%
3.7%
$
$
$
$
$
$
$
$
$
$
49,500 30,750 45,500 30,250 52,750 38,500 31,750 47,500 37,250 30,250 -
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
38,250
28,000
38,500
28,500
$
$
$
$
$ 33,000 - $ 45,000
$ 34,000 - $ 46,750
Public Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
$
109,750
89,000
72,000
58,000
51,500
$ 175,000
$ 122,750
$ 94,250
$ 75,250
$ 63,500
$
$
$
$
$
112,000
90,750
74,000
59,750
52,750
$
$
$
$
$
183,000
128,500
98,000
78,000
65,750
3.6%
3.5%
3.5%
3.4%
3.0%
$
$
$
$
$
99,000
82,500
65,000
53,000
45,250
$ 149,000
$ 108,250
$ 85,500
$ 67,250
$ 56,750
$
$
$
$
$
101,500
84,250
67,000
54,250
46,500
$
$
$
$
$
155,250
113,250
88,750
70,000
58,750
3.5%
3.5%
3.5%
3.3%
3.2%
$
$
$
$
$
87,500
72,500
57,250
47,750
42,500
$ 121,750
$ 94,500
$ 74,500
$ 60,500
$ 52,250
$
$
$
$
$
89,750
74,750
59,000
49,000
43,250
$
$
$
$
$
126,750
98,000
77,250
62,750
54,250
3.5%
3.4%
3.4%
3.2%
2.9%
108,000
88,750
71,000
58,750
51,500
$ 171,750
$ 121,500
$ 92,250
$ 74,250
$ 62,500
$
$
$
$
$
110,750
91,000
73,000
60,500
52,750
$
$
$
$
$
178,750
126,500
96,000
77,000
64,500
3.5%
3.4%
3.5%
3.4%
2.9%
$ 147,000
$ 106,500
$ 84,500
$ 66,750
$ 56,750
$
$
$
$
$
100,750
83,500
66,500
54,250
46,500
$
$
$
$
$
153,000
111,250
87,500
69,750
58,750
3.4%
3.5%
3.5%
3.3%
3.2%
$
$
$
$
$
$
$
$
$
$
98,500
81,750
64,250
53,250
45,250
Unless otherwise noted (see footnote a), add 5-10 percent for graduate degrees or professional certifications.
Public Accounting
2012
Title/Experience
2013
% Change
$
$
$
$
$
$ 120,250
$ 92,750
$ 74,000
$ 60,500
$ 52,000
$
$
$
$
$
89,000
74,750
58,750
49,500
43,250
$ 125,000
$ 96,500
$ 77,000
$ 62,500
$ 53,750
3.4%
3.6%
3.6%
3.2%
2.6%
$
$
$
$
$
$ 173,500
$ 122,000
$ 93,750
$ 75,250
$ 64,250
$
$
$
$
$
$ 181,000
$ 126,750
$ 97,500
$ 77,750
$ 66,250
3.6%
3.2%
3.6%
3.0%
2.8%
$
$
$
$
$
$ 148,250
$ 107,250
$ 86,000
$ 67,250
$ 57,250
$
$
$
$
$
$ 153,250
$ 111,500
$ 89,500
$ 69,750
$ 59,250
3.2%
3.3%
3.5%
3.3%
3.2%
$
$
$
$
$
$ 121,000
$ 93,750
$ 74,750
$ 60,500
$ 52,750
$
$
$
$
$
$ 126,500
$ 97,250
$ 77,250
$ 62,500
$ 54,500
3.6%
3.3%
3.4%
3.2%
3.1%
$ 38,500 - $ 57,250
3.0%
$ 37,500 - $ 55,500
Unless otherwise noted (see footnote a), add 5-10 percent for graduate degrees or professional certifications.
Financial Services
2012
Title/Experience
2013
% Change
$
$
$
$
$
$
$
$
$
$
$
146,500 134,000 96,500 82,000 64,250 52,750 42,250 88,750 68,750 54,750 84,500 -
$ 240,500
$ 175,000
$ 142,750
$ 112,000
$ 80,750
$ 68,500
$ 54,250
$ 113,250
$ 90,500
$ 69,250
$ 109,750
$ 63,500 - $ 79,500
$
$
$
$
$
$
$
$
$
$
$
148,250 140,750 99,000 84,750 65,750 54,250 43,250 89,750 69,750 55,000 85,750 -
$
$
$
$
$
$
$
$
$
$
$
252,500
180,250
149,000
116,500
84,250
70,500
56,000
114,500
91,250
70,250
113,500
3.6%
3.9%
3.7%
3.7%
3.4%
2.9%
2.8%
1.1%
1.1%
1.0%
2.6%
$ 65,000 - $
82,000
2.8%
$ 52,750 - $ 68,500
$ 54,000 - $
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
70,250
2.5%
113,000
77,000
61,250
92,000
67,750
56,500
117,250
80,500
66,500
110,750
84,750
66,500
73,500
72,500
3.7%
3.4%
3.1%
1.7%
2.1%
2.0%
3.5%
3.6%
3.1%
3.0%
2.9%
2.6%
3.5%
3.5%
$ 90,000 - $ 129,000
$ 54,000 - $ 78,750
$ 91,500 - $ 130,750
$ 55,250 - $ 80,250
1.5%
2.1%
$ 55,000 - $ 70,250
$ 56,500 - $
72,500
3.0%
$ 47,250 - $ 58,500
$ 47,500 - $
59,750
1.4%
$ 38,500 - $ 49,250
$ 38,750 - $
49,750
0.9%
79,250 57,500 46,750 69,500 52,500 42,750 79,500 61,500 48,500 84,000 64,000 51,000 48,500 51,000 -
$ 108,000
$ 74,250
$ 59,250
$ 90,500
$ 66,000
$ 55,250
$ 114,500
$ 77,000
$ 64,250
$ 107,750
$ 82,500
$ 64,500
$ 71,250
$ 70,250
81,250 59,250 48,000 70,750 53,250 43,500 83,500 63,000 49,750 86,750 66,000 52,000 50,500 53,000 -
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Operations
Director of Operations
Operations Manager
Banking Operations Specialist
5+ Years
Banking Operations Specialist
3 to 5 Years
Banking Operations Specialist
1 to 3 Years
Financial Services
2012
Title/Experience
2013
% Change
Operations (Cont.)
Fund Operations Specialist 5+ Years
Fund Operations Specialist
3 to 5 Years
Fund Operations Specialist
1 to 3 Years
Client Service Representative
5+ Years
Client Service Representative
3 to 5 Years
Client Service Representative
1 to 3 Years
Sales/Trader Assistant
Performance Analyst
Loan Processor
Loan Underwriter
Loan Administrator
Mortgage Processor
Mortgage Underwriter
$ 60,500 - $
74,000
$ 61,500 - $
75,000
1.5%
$ 50,250 - $
61,750
$ 51,000 - $
63,500
2.2%
$ 41,000 - $
51,500
$ 41,250 - $
52,500
1.4%
$ 51,500 - $
64,000
$ 52,000 - $
64,500
0.9%
$ 44,000 - $
54,250
$ 44,250 - $
55,000
1.0%
$ 36,750 - $
44,250
$ 37,000 - $
44,500
0.6%
$
$
$
$
$
$
$
36,250
49,500
38,500
43,000
35,500
29,750
38,000
$
$
$
$
$
$
$
57,500
69,250
52,250
62,000
55,500
39,750
54,750
$
$
$
$
$
$
$
37,250
50,750
38,750
44,250
36,500
30,250
38,750
$
$
$
$
$
$
$
58,750
71,000
53,000
64,000
56,500
42,000
57,750
2.4%
2.5%
1.1%
3.1%
2.2%
4.0%
4.0%
$
$
$
$
$
$
$
$
138,750
90,500
66,750
84,250
60,250
82,750
61,250
145,500
$
$
$
$
$
$
$
$
213,000
120,250
84,750
109,250
78,250
106,000
78,000
215,500
$
$
$
$
$
$
$
$
142,500
90,250
67,250
86,500
61,000
85,000
62,500
149,250
$
$
$
$
$
$
$
$
218,000
126,750
88,500
112,750
82,250
109,000
80,500
220,500
2.5%
3.0%
2.8%
3.0%
3.4%
2.8%
2.7%
2.4%
$ 118,750 - $ 164,750
$ 121,750 - $ 168,750
2.5%
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2.8%
2.4%
2.6%
2.8%
2.4%
2.5%
2.6%
3.4%
3.2%
2.6%
1.0%
99,500
92,000
82,250
68,500
79,500
70,750
62,750
48,000
63,500
62,000
62,750
$
$
$
$
$
$
$
$
$
$
$
129,250
124,000
109,500
89,500
101,000
90,500
79,500
75,250
85,750
83,750
87,500
102,500
94,500
83,750
69,750
80,750
71,500
63,500
50,250
65,500
64,000
63,250
$
$
$
$
$
$
$
$
$
$
$
132,750
126,750
113,000
92,750
104,000
93,750
82,500
77,250
88,500
85,500
88,500
Financial Services
2012
Title/Experience
2013
% Change
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
167,000 124,500 78,000 64,250 160,750 121,750 73,750 65,500 86,750 110,250 99,250 86,000 65,750 50,500 76,750 58,500 47,750 66,000 54,000 42,500 53,750 -
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
266,500
186,000
104,500
83,250
251,750
178,500
97,750
83,250
142,750
161,250
142,750
120,750
103,250
80,000
108,250
78,500
64,250
84,250
69,250
55,250
73,000
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
168,750 126,750 78,500 65,250 162,750 124,000 74,000 66,750 88,750 114,750 103,250 87,000 66,750 51,250 77,250 59,500 48,500 67,500 55,500 43,500 55,000 -
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
271,000
188,500
106,500
85,250
256,750
181,000
99,500
86,000
145,250
166,000
146,750
124,000
105,500
82,000
109,750
80,250
65,500
88,000
71,750
57,250
75,750
Unless otherwise noted (see footnote a), add 5-10 percent for graduate degrees or professional certifications.
1.4%
1.5%
1.4%
2.0%
1.7%
1.6%
1.2%
2.7%
2.0%
3.4%
3.3%
2.1%
1.9%
2.1%
1.1%
2.0%
1.8%
3.5%
3.2%
3.1%
3.2%
be customized
using our Salary
Calculator at
roberthalf.com/
salarycenter.
>
>
Alabama
Birmingham . . . . . . . . . . . 95.0
Huntsville . . . . . . . . . . . . . . . 93.0
Mobile . . . . . . . . . . . . . . . . . . 86.0
Arizona
Phoenix . . . . . . . . . . . . . . . 108.0
Tucson . . . . . . . . . . . . . . . . 100.0
Arkansas
Fayetteville . . . . . . . . . . . . . 95.0
Little Rock . . . . . . . . . . . . . . 95.0
California
Fresno . . . . . . . . . . . . . . . . . . 90.0
Irvine . . . . . . . . . . . . . . . . . 124.5
Los Angeles . . . . . . . . . . . 125.0
Oakland . . . . . . . . . . . . . . . . 125.0
Ontario . . . . . . . . . . . . . . . 111.0
Sacramento . . . . . . . . . . . 101.5
San Diego . . . . . . . . . . . . 118.5
San Francisco . . . . . . . . .135.5
San Jose . . . . . . . . . . . . . . . 133.0
Santa Barbara . . . . . . . . 121.0
Santa Rosa . . . . . . . . . . . . . 98.0
Stockton . . . . . . . . . . . . . . . 85.0
Colorado
Boulder . . . . . . . . . . . . . . . 113.3
Colorado Springs . . . . . . 90.5
Denver . . . . . . . . . . . . . . . . 102.8
Fort Collins . . . . . . . . . . . . . 92.8
Greeley . . . . . . . . . . . . . . . . . 83.8
Loveland . . . . . . . . . . . . . . . 90.5
Pueblo . . . . . . . . . . . . . . . . . 76.0
Connecticut
Hartford . . . . . . . . . . . . . . 116.5
New Haven . . . . . . . . . . . 112.0
Stamford . . . . . . . . . . . . . . 131.0
Delaware
Wilmington . . . . . . . . . . . . 102.0
District of Columbia
Washington . . . . . . . . . . . 130.0
Florida
Fort Myers . . . . . . . . . . . . . . 87.5
Jacksonville . . . . . . . . . . . . . 93.0
Melbourne . . . . . . . . . . . . . . 89.5
Miami/
Fort Lauderdale . . . . . . 106.7
Orlando . . . . . . . . . . . . . . . . 98.5
St. Petersburg . . . . . . . . . . 94.0
Tampa . . . . . . . . . . . . . . . . . . 96.5
West Palm Beach . . . . . . 99.5
Georgia
Atlanta . . . . . . . . . . . . . . . . 105.0
Macon . . . . . . . . . . . . . . . . . . 82.5
Savannah . . . . . . . . . . . . . . . 82.5
Hawaii
Honolulu . . . . . . . . . . . . . . . . 92.0
Idaho
Boise . . . . . . . . . . . . . . . . . . . 86.1
Illinois
Chicago . . . . . . . . . . . . . . 123.0
Naperville . . . . . . . . . . . . . 112.0
Rockford . . . . . . . . . . . . . . . 80.0
Springfield . . . . . . . . . . . . . . 91.0
Indiana
Fort Wayne . . . . . . . . . . . . . 81.0
Indianapolis . . . . . . . . . . . . . 94.0
Iowa
Cedar Rapids . . . . . . . . . . 89.0
Davenport . . . . . . . . . . . . . . . 89.0
Des Moines . . . . . . . . . . . . 97.0
Sioux City . . . . . . . . . . . . . . 78.1
Waterloo/Cedar Falls . . . 80.7
Kansas
Kansas City . . . . . . . . . . . . 97.0
Kentucky
Lexington . . . . . . . . . . . . . . . 87.5
Louisville . . . . . . . . . . . . . . . 90.5
Louisiana
Baton Rouge . . . . . . . . . . . 99.0
New Orleans . . . . . . . . . . . 99.0
Maine
Portland . . . . . . . . . . . . . . . 95.0
Maryland
Baltimore . . . . . . . . . . . . . . 103.0
Massachusetts
Boston . . . . . . . . . . . . . . . .133.0
Springfield . . . . . . . . . . . . 104.0
Michigan
Ann Arbor . . . . . . . . . . . . . 100.5
Detroit . . . . . . . . . . . . . . . . 100.0
Grand Rapids . . . . . . . . . . 85.0
Lansing . . . . . . . . . . . . . . . . . 84.0
Minnesota
Bloomington . . . . . . . . . . 105.5
Duluth . . . . . . . . . . . . . . . . . 79.6
Minneapolis . . . . . . . . . . . 105.5
Rochester . . . . . . . . . . . . . . 100.5
St. Cloud . . . . . . . . . . . . . . . 80.0
St. Paul . . . . . . . . . . . . . . . . 102.0
Missouri
Kansas City . . . . . . . . . . . . 97.2
St. Joseph . . . . . . . . . . . . . . 91.0
St. Louis . . . . . . . . . . . . . . 100.3
Nebraska
Lincoln . . . . . . . . . . . . . . . . . 78.2
Omaha . . . . . . . . . . . . . . . . . . 94.0
Nevada
Las Vegas . . . . . . . . . . . . . . . 94.0
Reno . . . . . . . . . . . . . . . . . . . 94.0
New Hampshire
Manchester/Nashua . . . . 112.0
New Jersey
Mount Laurel . . . . . . . . . 115.0
Paramus . . . . . . . . . . . . . . 130.0
Princeton . . . . . . . . . . . . . 126.0
Woodbridge . . . . . . . . . . 126.0
Oklahoma
Oklahoma City . . . . . . . . . . 89.7
Tulsa . . . . . . . . . . . . . . . . . . . 92.0
Texas
Austin . . . . . . . . . . . . . . . . 103.5
Dallas . . . . . . . . . . . . . . . . . 105.5
El Paso . . . . . . . . . . . . . . . . . 70.0
Fort Worth . . . . . . . . . . . . 105.5
Houston . . . . . . . . . . . . . . 106.0
Midland/Odessa . . . . . . . . 96.0
San Antonio . . . . . . . . . . . . 95.0
New Mexico
Albuquerque . . . . . . . . . . . . 89.7
Oregon
Portland . . . . . . . . . . . . . . 103.0
Utah
Salt Lake City . . . . . . . . . 100.0
New York
Albany . . . . . . . . . . . . . . . . . . 97.0
Buffalo . . . . . . . . . . . . . . . . . 95.0
Long Island . . . . . . . . . . . 135.0
New York . . . . . . . . . . . . . 141.0
Rochester . . . . . . . . . . . . . . 91.7
Syracuse . . . . . . . . . . . . . . . . 90.3
Pennsylvania
Harrisburg . . . . . . . . . . . . . . 95.0
Philadelphia . . . . . . . . . . . 115.0
Pittsburgh . . . . . . . . . . . . . . 96.2
Virginia
Norfolk/
Hampton Roads . . . . . . . 92.0
Richmond . . . . . . . . . . . . . . 98.0
Tysons Corner . . . . . . . . . 130.0
North Carolina
Charlotte . . . . . . . . . . . . . 101.0
Greensboro . . . . . . . . . . . . 99.0
Raleigh . . . . . . . . . . . . . . . 104.0
South Carolina
Charleston . . . . . . . . . . . . . 92.0
Columbia . . . . . . . . . . . . . . . 93.0
Greenville . . . . . . . . . . . . . . 90.0
Ohio
Akron . . . . . . . . . . . . . . . . . . . 89.0
Canton . . . . . . . . . . . . . . . . 82.0
Cincinnati . . . . . . . . . . . . . . 97.5
Cleveland . . . . . . . . . . . . . . 95.0
Tennessee
Chattanooga . . . . . . . . . . . 87.0
Cool Springs . . . . . . . . . . . 98.0
Knoxville . . . . . . . . . . . . . . . . 86.0
Memphis . . . . . . . . . . . . . . . 95.0
Nashville . . . . . . . . . . . . . . . . 97.5
Columbus . . . . . . . . . . . . . . 96.5
Dayton . . . . . . . . . . . . . . . . . 87.0
Toledo . . . . . . . . . . . . . . . . . 84.5
Youngstown . . . . . . . . . . . . 76.0
Rhode Island
Providence . . . . . . . . . . . . . 97.0
Washington
Seattle . . . . . . . . . . . . . . . . 118.9
Spokane . . . . . . . . . . . . . . . . 82.0
Wisconsin
Appleton . . . . . . . . . . . . . . . 85.0
Green Bay . . . . . . . . . . . . . . 86.5
Madison . . . . . . . . . . . . . . . . 96.0
Milwaukee . . . . . . . . . . . . . . 99.0
Waukesha . . . . . . . . . . . . . . 98.5
Source: U.S. Department of Labors Bureau of Labor Statistics and Robert Half. City index figures are reflective of all industries
and not specific to accounting and finance. For more information on average starting salaries in your city, please contact the
office nearest you.
The Advantages of a
Flexible Staffing Approach
Theres a change taking place in the way businesses staff
their operations. Firms are increasingly attracted to the
flexibility they gain by employing a combination of full-time,
temporary and project professionals. When asked in what
ways their workforce would change in the next five years,
58 percent of employers polled in a McKinsey Global
Institute report said they will hire more temporary and
part-time workers.*
This approach gives firms greater control over their human
resources budgets and access to skilled talent when
and for as long as they need it. As companies continually
rebalance their workforces in good and difficult times,
many are discovering that a year-round mix of core fulltime employees and interim workers is the best way to
stay nimble and react to business needs.
Here are five advantages you gain by using temporary and
project workers as part of your workforce mix. You can:
1. Adjust staffing levels to the ebbs and flows of business demands, helping you keep costs under control
2. Ease the burden on employees who may already be
spread too thin
3. Handle special projects outside the expertise of
current staff more professionals are drawn to interim
work because of the flexibility and opportunities it
provides, giving you access to a deeper talent pool
4. Ease the concerns of full-time workers, who may
otherwise be subject to nerve-racking cycles of hiring
and layoffs
5. Assess prospective full-time employees firsthand
* An economy that works: Job creation and Americas future, McKinsey Global
Institute, June 2011.
Robert Half:
Your Staffing Expert
Robert Half is the worlds leading specialized staffing
firm. Through our Accountemps, Robert Half Finance &
Accounting and Robert Half Management Resources
divisions, we place highly skilled accounting and finance
professionals on a temporary, full-time and senior-level
project basis, respectively. Our Robert Half Financial
Services division is the premier provider of staffing
solutions to financial institutions in top markets around
the world. We also offer a full spectrum of consulting
services through our in-house access to the proven
methodologies of Protiviti, a global consulting firm that
helps companies solve problems in finance, technology,
operations, governance, risk and internal audit.
The many benefits we offer your business include:
The right match We can help you locate even the
most hard-to-find professionals. Our network includes
hundreds of thousands of talented professionals who
are pre-evaluated and available to work.
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Association
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