The Robert Half and Accountemps 2002 Salary Guide released Thursday found that financial professionals’ salaries are expected to increase by an average of 1.5% in 2002, compared to the 6.9% increase last year.
Not only are salaries almost flat, hiring managers also
have a growing pool of qualified candidates from which to
choose accountants and other finance officers, researchers
That means companies can demand more skills beyond basic finance and accounting, survey officials said.
The survey also found that:
- purchasing managers at medium-sized businesses are expected to see the greatest percentage gain in starting salaries of any single job category — 6.7% over last year.
- tax managers at large companies will see a 3% increase in starting salaries.
- demand for accounting and finance professionals is expected to be strongest in the health care, real estate and financial services industries.