In its 2023 salary guide, Hays provides salary ranges for accounting and finance jobs in nine states, plus the District of Columbia. For this article, we selected four positions in audit and four in tax.

Hays has found that despite employees expecting more money to deal with inflation, the rate of which is currently 7.7% for the 12 months ending in October, employers are taking a more conservative approach (because of course they are) and are looking to give out pay increases between 3% and 5% instead of 5% or more in 2023. Hays says:

[Salary] increases have been significant over the past year—more so than predicted. However, there has been a definite shift in the market, as employers take a more cautious approach, we see less aggressive plans to increase salaries when looking ahead.

Companies are taking this stance even though an OVERWHELMING majority (57%) of employees surveyed by Hays said higher salaries is the No. 1 motivator for them to consider leaving their current job, followed by promotional opportunities (24%) and better benefits (19%).

After comparing the salary ranges in Hays’ 2023 salary guide with the ranges it provided for accounting jobs in its 2022 guide, many of those ranges haven’t changed. However, there are positions in some states that are projected to have an increase in base pay next year. For example:

• Audit associates in Colorado are expected to see a raise of between 7.1% and 9.1%.
• In Georgia, audit managers and tax managers are expected to see salaries rise 22.2%, while tax directors are projected to have a bump in pay between 7.1% and 10%. 
• Tax managers and tax directors in California are expected to see pay increases of 56.2% and 33.3%, respectively.
• Salaries are projected to increase between 15.4% and 20% for tax managers in Florida.

Below are the projected pay ranges for the four audit and four tax roles in Hays’ 2023 salary guide. DMV refers to District of Columbia, Maryland, and Virginia:

Audit associate

• California: $40,000-$60,000
• Colorado: $60,000-$75,000
• DMV: $55,000-$70,000
• Florida: $50,000-$70,000
• Georgia: $50,000-$75,000
• Illinois: $40,000-$60,000
• New York: $55,000-$70,000
• Texas: $55,000-$65,000

Audit senior

• California: $60,000-$100,000
• Colorado: $80,000-$100,000
• DMV: $70,000-$100,000
• Florida: $65,000-$90,000
• Georgia: $65,000-$95,000
• Illinois: $60,000-$90,000
• New York: $70,000-$100,000
• Texas: $75,000-$95,000

Audit manager

• California: $110,000-$150,000
• Colorado: $120,000-$150,000
• DMV: $100,000-$175,000
• Florida: $100,000-$130,000
• Georgia: $110,000-$150,000
• Illinois: $100,000-$130,000
• New York: $100,000-$175,000
• Texas: $115,000-$135,000

Audit director

• California: $150,000-$200,000
• Colorado: $150,000-$200,000
• DMV: $150,000-$250,000
• Florida: $150,000-$200,000
• Georgia: $150,000-$200,000
• Illinois: $150,000-$200,000
• New York: $150,000-$250,000+
• Texas: $150,000-$200,000

Tax accountant

• California: $75,000-$95,000
• Colorado: $70,000-$95,000
• DMV: $75,000-$90,000
• Florida: $50,000-$75,000
• Georgia: $60,000-$75,000
• Illinois: $65,000-$90,000
• New York: $65,000-$90,000
• Texas: $60,000-$80,000

Tax senior

• California: $80,000-$120,000
• Colorado: $80,000-$100,000
• DMV: $70,000-$100,000
• Florida: $70,000-$90,000
• Georgia: $70,000-$100,000
• Illinois: $50,000-$75,000
• New York: $80,000-$110,000
• Texas: $75,000-$90,000

Tax manager

• California: $125,000-$150,000
• Colorado: $100,000-$120,000
• DMV: $100,000-$150,000
• Florida: $120,000-$150,000
• Georgia: $110,000-$155,000
• Illinois: $80,000-$150,000
• New York: $90,000-$160,000
• Texas: $135,000-$165,000

Tax director

• California: $160,000-$200,000
• Colorado: $140,000-$200,000
• DMV: $160,000-$250,000
• Florida: $150,000-$240,000
• Georgia: $150,000-$250,000
• Illinois: $160,000-$210,000
• New York: $140,000-$275,000
• Texas: $180,000-$210,000

You can find all of our content previewing public accounting salaries for 2023 here.

The post How Are Public Accounting Salaries Stacking Up For 2023? (Part 4, Hays U.S.) appeared first on Going Concern.

Of the 27 industry jobs we analyzed, 23 have pay that, on average, will likely be higher next year than what LHH predicted for 2022. Of the four roles with base pay that is expected to be lower in 2023, two of them are C-level positions: chief accounting officer and CFO.

In both salary guides, LHH provided salary data for employees in three tiers based on experience:

• Low: Zero to two years of experience in that position or one similar.
• Medium: Three to 10 years of experience in that position or one similar.
• High: Ten or more years of experience in that position or one similar.

Below are the projected base salaries for each of the 27 industry jobs in LHH’s 2023 salary guide, listed by experience, with a comparison of LHH’s 2022 projected salaries (2022 -> 2023) to see which roles’ pay is expected to increase or decrease next year:

Staff accountant

• Low experience: $56,744 -> $57,937 (2.1%)
• Medium experience: $67,061 -> $71,406 (6.5%)
• High experience: $77,378 -> $85,922 (11%)

Average increase: 6.5%

Staff accountant, Big 4 experience

• Low experience: $61,902 -> $70,076 (13.2%)
• Medium experience: $70,156 -> $82,824 (18%)
• High experience: $77,378 -> $95,265 (23.1%)

Average increase: 18.1%

Senior accountant

• Low experience: $77,378 -> $79,107 (2.2%)
• Medium experience: $90,790 -> $96,797 (6.6%)
• High experience: $113,487 -> $126,181 (11.2%)

Average increase: 6.7%

Accounting supervisor

• Low experience: $77,378 -> $76,650 (-0.9%)
• Medium experience: $88,774 -> $87,939 (-0.9%)
• High experience: $110,614 -> $116,487 (5.3%)

Average increase: 1.2%

Accounting manager

• Low experience: $87,695 -> $83,065 (-5.3%)
• Medium experience: $105,233 -> $99,678 (-5.3%)
• High experience: $129,909 -> $137,320 (5.7%)

Average increase: -4.9%

Accounting manager, Big 4 experience

• Low experience: $88,817 -> $104,598 (17.8%)
• Medium experience: $100,716 -> $118,611 (17.8%)
• High experience: $134,282 -> $176,479 (31.4%)

Average increase: 22.3%

Accounting director

• Low experience: $118,646 -> $114,074 (-3.8%)
• Medium experience: $149,597 -> $160,511 (7.3%)
• High experience: $194,893 -> $233,361 (19.7%)

Average increase: 7.7%

Chief accounting officer

• Low experience: $152,693 -> $132,552 (-13,2%)
• Medium experience: $197,024 -> $162,524 (-17.5%)
• High experience: $245,788 -> $192,659 (-21.6%)

Average increase: -17.4%

Chief financial officer

• Low experience: $195,993 -> $193,875 (-1.1%)
• Medium experience: $270,634 -> $254,387 (-6%)
• High experience: $514,248 -> $459,321 (-10.7%)

Average increase: -5.9

Controller

• Low experience: $113,487 -> $116,579 (2.7%)
• Medium experience: $185,706 -> $212,888 (14.6%)
• High experience: $257,925 -> $329,964 (27.9%)

Average increase: 15.1%

Assistant controller

• Low experience: $95,303 -> $94,434 (-0.9%)
• Medium experience: $121,741 -> $134,619 (10.6%)
• High experience: $152,692 -> $188,424 (23.4%)

Average increase: 11%

Cost accountant

• Low experience: $72,219 -> $72,810 (0.8%)
• Medium experience: $77,378 -> $81,354 (5.1%)
• High experience: $82,536 -> $90,496 (9.6%)

Average increase: 5.2%

Senior cost accountant

• Low experience: $87,695 -> $90,882 (3.6%)
• Medium experience: $103,170 -> $111,502 (8.1%)
• High experience: $128,963 -> $145,352 (12.7%)

Average increase: 8.1%

Cost accountant manager

• Low experience: $113,487 -> $112,253 (-1.1%)
• Medium experience: $128,963 -> $142,353 (10.4%)
• High experience: $144,438 -> $177,923 (23.2%)

Average increase: 10.8%

Financial reporting accountant

• Low experience: $77,378 -> $84,461 (9.1%)
• Medium experience: $82,536 -> $93,952 (13.8%)
• High experience: $87,695 -> $104,103 (18.7%)

Average increase: 13.9%

Senior financial reporting accountant

• Low experience: $87,695 -> $84,461 (-3.7%)
• Medium experience: $98,012 -> $98,443 (0.4%)
• High experience: $113,487 -> $118,871 (4.7%)

Average increase: 0.5%

Financial reporting manager

• Low experience: $113,487 -> $113,603 (0.1%)
• Medium experience: $128,963 -> $129,095 (0.1%)
• High experience: $149,597 -> $159,198 (6.4%)

Average increase: 2.2%

Financial reporting director

• Low experience: $180,548 -> $209,745 (16.2%)
• Medium experience: $196,023 -> $254,130 (29.6%)
• High experience: $206,340 -> $298,525 (44.7%)

Average increase: 30.2%

Internal auditor

• Low experience: $61,902 -> $64,623 (4.4%)
• Medium experience: $72,219 -> $78,624 (8.9%)
• High experience: $82,536 -> $93,707 (13.5%)

Average increase: 8.9%

Senior internal auditor

• Low experience: $82,536 -> $87,206 (5.6%)
• Medium experience: $92,853 -> $102,311 (10.2%)
• High experience: $103,170 -> $118,551 (14.9%)

Average increase: 10.2%

Internal audit manager

• Low experience: $94,916 -> $99,399 (4.7%)
• Medium experience: $107,185 -> $112,247 (4.7%)
• High experience: $133,425 -> $145,714 (9.2%)

Average increase: 6.2%

Internal audit director

• Low experience: $110,549 -> $126,146 (14.1%)
• Medium experience: $155,889 -> $185,506 (19%)
• High experience: $178,647 -> $221,698 (24.1%)

Average increase: 19.1%

Vice president of internal audit

• Low experience: $144,438 -> $140,916 (-2.4%)
• Medium experience: $170,231 -> $185,339 (8.9%)
• High experience: $207,875 -> $252,569 (21.5%)

Average increase: 9.3%

Tax accountant

• Low experience: $60,870 -> $67,312 (10.6%)
• Medium experience: $66,029 -> $76,147 (15.3%)
• High experience: $82,279 -> $98,953 (20.3%)

Average increase: 15.4%

Senior tax accountant

• Low experience: $69,124 -> $72,994 (5.6%)
• Medium experience: $85,526 -> $90,314 (5.6%)
• High experience: $111,523 -> $122,814 (10.1%)

Average increase: 7.1%

Tax manager

• Low experience: $98,012 -> $109,161 (11.4%)
• Medium experience: $113,697 -> $126,631 (11.4%)
• High experience: $148,363 -> $184,401 (24.3%)

Average increase: 15.7%

Tax director

• Low experience: $130,380 -> $115,583 (-11.3%)
• Medium experience: $172,126 -> $152,591 (-11.3%)
• High experience: $228,451 -> $226,009 (-1.1%)

Average increase: -7.9%

ICYMI, seven of the 11 public accounting roles highlighted in LHH’s 2023 salary guide are projected to have higher salaries in 2023 than in 2022, with four of those seven expected to have double-digit increases.

You can find all of our content previewing public accounting salaries for 2023 here.

The post Industry Accounting Salary Outlook for 2023 is Not Horrible appeared first on Going Concern.

In its 2022 salary guide, Accounting Principals/LHH Recruitment Solutions predicted a 6.4% base salary increase across the board for 11 roles in public accounting. That is not the case for 2023—its salary predictions for next year are all over the place. They range from an average of 7.9% less than 2022 for tax services manager to 17.7% more than 2022 for audit and assurance services manager.

After comparing the recruiting and staffing firm’s 2022 and 2023 salary projections, here are next year’s average base pay increases and decreases for the 11 public accounting positions in the salary guide:

Accounting services

• Associate: 15.5%
• Senior associate: 5.1%

Audit and assurance services

• Associate: 2.8%
• Senior associate: 15.2%
• Manager: 17.7%
• Senior manager: 17.4%

Tax services

• Associate: -2.1%
• Senior associate: -1.2%
• Manager: -7.9%
• Senior manager: 4.3%

Partner

• -4%

Accounting Principals/LHH Recruiting Solutions doesn’t explain why 2023 salaries for tax services are a lot worse than the 2023 salary projections for audit and assurance services. The only thing the company noted in its salary guide is accounting employees with skills that complement firms’ increased use of blockchain, artificial intelligence, and other technological tools “will be more productive and demand higher raises.” It also said demand for accounting positions has been driven by turnover as workers require greater compensation for increasingly large workloads, but you knew that—and are experiencing that—already.

In 2023’s salary guide, Accounting Principals/LHH Recruiting Solutions provided salary data for employees in three tiers based on experience:

• Low: Zero to two years of experience in that position or one similar.
• Medium: Three to 10 years of experience in that position or one similar.
• High: Ten or more years of experience in that position or one similar.

Here are its salary expectations in public accounting for next year:

Below are the average base salaries from the table above for each of the 11 public accounting jobs in the 2023 salary guide, listed by experience, with a comparison of 2022’s projected salaries (2022 -> 2023) to see which roles’ pay is expected to increase or decrease next year:

Accounting services associate

• Low experience: $57,312 -> $63,443 (10.7%)
• Medium experience: $67,124 -> $77,489 (15.4%)
• High experience: $75,784 -> $91,235 (20.4%)

Accounting services senior associate

• Low experience: $62,794 -> $65,051 (3.6%)
• Medium experience: $75,784 -> $78,508 (3.6%)
• High experience: $106,146 -> $114,675 (8%)

Audit/assurance services associate

• Low experience: $57,935 -> $57,087 (-1.5%)
• Medium experience: $70,293 -> $72,233 (2.7%)
• High experience: $80,131 -> $85,871 (7.2%)

Audit/assurance services senior associate

• Low experience: $63,235 -> $71,853 (13.6%)
• Medium experience: $73,662 -> $83,701 (13.6%)
• High experience: $85,102 -> $100,844 (18.5%)

Audit/assurance services manager

• Low experience: $73,662 -> $85,499 (16.1%)
• Medium experience: $97,460 -> $113,121 (16.1%)
• High experience: $110,415 -> $133,650 (21%)

Audit/assurance services senior manager

• Low experience: $90,982 -> $98,771 (8.6%)
• Medium experience: $99,884 -> $125,492 (25.6%)
• High experience: $118,018 -> $139,339 (18.1%)

Tax services associate

• Low experience: $53,631 -> $52,930 (-1.3%)
• Medium experience: $59,763 -> $58,982 (-1.3%)
• High experience: $71,125 -> $68,390 (-3.8%)

Tax services senior associate

• Low experience: $75,784 -> $76,862 (1.4%)
• Medium experience: $87,691 -> $86,650 (-1.2%)
• High experience: $93,095 -> $89,624 (-3.7%)

Tax services manager

• Low experience: $94,203 -> $89,405 (-5.1%)
• Medium experience: $110,432 -> $104,808 (-5.1%)
• High experience: $151,567 -> $131,059 (-13.5%)

Tax services senior manager

• Low experience: $98,525 -> $105,428 (7%)
• Medium experience: $120,183 -> $125,296 (4.2%)
• High experience: $151,567 -> $153,950 (1.6%)

Partner

• Low experience: $153,732 -> $155,063 (0.9%)
• Medium experience: $230,362 -> $220,793 (-4.1%)
• High experience: $345,378 -> $314,557 (-8.9%)

You can find all of our content previewing public accounting salaries for 2023 here.

The post How Are Public Accounting Salaries Stacking Up For 2023? (Part 3, Accounting Principals/LHH Recruitment Solutions) appeared first on Going Concern.

Randstad has 2023 salary projections for 23 roles under the Accounting category, 13 under Banking, eight under Executive, eight under Finance, four under Internal Audit, two under Procurement/Purchasing, three under Tax, and three under Treasury. For this post, we’re highlighting projected 2023 salaries for four accounting jobs and three tax jobs, and comparing them to what Randstad thought the salaries for those seven roles would be in 2022 to see if pay is expected to go up or down next year.

Pay data is presented under three ranges—low, mid, and high (last year it was entry-level, mid-level, and senior-level)—to accommodate employees’ varying experience, expertise, time in a specific role, and market demand, according to Randstad.

Randstad’s PR machine put out a press release promoting the salary guide with the headline of “Salaries in Finance & Accounting on the Rise.” Are they tho? For almost all of the seven jobs we highlighted below, yes, salaries are expected to increase next year. The only holdouts are for junior accountant (all three pay ranges are projected to be lower in 2023 than 2022) and staff accountant (2023 projections are lower in the “mid” and “high” pay ranges than in 2022).

Note: Robert Half’s salary guide predicts starting salaries in accounting and finance for 2023; Randstad projects non-starting pay ranges for employees in those roles. Another difference between the two guides: Bob includes pay data for eight roles specifically for public accounting (four in audit and four in tax). Randstad doesn’t have a Public Accounting category, so we had to pick and choose the seven roles we wanted to spotlight in this post. The 2023 salary data for these seven jobs might be helpful to those of you working in PA now who are planning to make the jump to industry next year or for accounting students who are curious about the salary expectations for these roles.

Enough blabbing, here they are:

Accounting manager

Low level

2023: $108,388 – $119,797
2022: $72,480 – $92,512

Mid level

2023: $121,859 – $134,686
2022: $92,512 – $120,032

High level

2023: $134,124 – $148,243
2022: $120,032 – $160,096

Junior accountant

Low level

2023: $55,825 – $61,701
2022: $61,240 – $73,437

Mid level

2023: $61,477 – $67,948
2022: $73,437 – $81,224

High level

2023: $66,606 – $73,617
2022: $81,224 – $90,555

Senior accountant

Low level

2023: $82,759 – $91,470
2022: $66,846 – $79,199

Mid level

2023: $99,398 – $109,860
2022: $79,199 – $90,161

High level

2023: $119,274 – $131,829
2022: $90,161 – $103,199

Staff accountant

Low level

2023: $64,885 – $71,715
2022: $61,240 – $73,437

Mid level

2023: $71,725 – $79,275
2022: $73,437 – $81,224

High level

2023: $77,952 – $86,157
2022: $81,224 – $97,531

Tax director

Low level

2023: $150,738 – $166,604
2022: $139,694 – $184,422

Mid level

2023: $190,641 – $210,709
2022: $147,698 – $194,989

High level

2023: $238,464 – $263,566
2022: $155,729 – $205,593

Tax accountant

Low level

2023: $66,871 – $73,910
2022: $63,448 – $77,006

Mid level

2023: $80,896 – $89,412
2022: $77,006 – $87,118

High level

2023: $94,560 – $104,514
2022: $87,118 – $100,000

Tax manager

Low level

2023: 123,884 – $136,924
2022: $94,306 – $115,842

Mid level

2023: $144,120 – $159,290
2022: $115,842 – $132,708

High level

2023: $170,616 – $188,575
2022: $132,708 – $152,341

Several big metropolises are projected to have salaries for these accounting and tax positions three to six times higher than the national averages. Here are the cities with double-digit salary variances on the plus side:

• San Francisco: 64.8%
• Los Angeles: 57.6%
• Stamford, CT: 45%
• San Diego: 42.2%
• New York City: 37.2%
• Boston: 34.5%
• Washington, DC: 31.3%
• Providence, RI: 27.7%
• Seattle: 22.6%
• Portland, OR: 21.1%
• Baltimore: 17.4%
• Philadelphia: 17%
• Wilmington, DE: 17%
• Denver: 15.3%
• Miami/Fort Lauderdale: 10.8%

Cities projected to have single-digit salary increases over the national averages next year include:

• Las Vegas: 9.5%
• Milwaukee: 7.4%
• Phoenix: 7%
• Minneapolis: 4.5%
• Salt Lake City: 4.4%
• Richmond, VA: 3.9%
• Pittsburgh: 3%
• Tampa: 3%
• Chicago: 2.5%

And then there are cities like Kansas City, MO, and Atlanta that have salaries projected to be below the national rates:

• Little Rock, AR: -8%
• Kansas City, MO: -6.1%
• Toledo, OH: -5.8%
• Columbus, OH: -5.1%
• Atlanta: -4.1%
• Nashville: -4.1%
• Austin, TX: -3.4%
• Cincinnati: -3.2%
• Cleveland: -3.1%
• Houston: -3.1%
• Louisville: -2.9%
• Raleigh, NC: -2.9%
• San Antonio: -2.2%
• St. Louis: -2.1%
• Charlotte: -1.7%
• Indianapolis: -1.9
• Dallas: -1.2%

Randstad found that the most in-demand jobs in accounting and finance are: accounting manager, controller, financial analyst, payroll coordinator/clerk, and staff accountant.

The post How Are Public Accounting Salaries Stacking Up For 2023? (Part 2, Randstad) appeared first on Going Concern.

Using the “find your local salaries” tool in the salary guide, we tried to find as many LCOL cities as possible with a large public accounting firm presence (Big 4, national, and/or regional) that have starting salaries projected to be higher than the national average. It was a tough task, but we found 10 of them!

We compared the 2023 average starting salaries for each of those 10 cities with the national average starting salaries for public accounting (2023 national average -> the average for that city by percentile per position). In its 2023 salary guide, Robert Half provided starting pay data for eight positions within PA: four in tax services and four in audit and assurance services.

If you’re thinking, “What do they mean ‘by percentile?’” Bob Half provides starting salaries in its guide for three percentiles based on employee experience. Those percentiles are:

• 25th percentile: New to the role, with little to no experience; requires more than casual instruction or supervision to perform day-to-day duties.
• 50th percentile: Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role.
• 75th percentile: Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available.

If you’re expecting to see cities like Pittsburgh, Cincinnati or Cleveland or Columbus in Ohio, Indianapolis, Jacksonville, Detroit, Louisville, Milwaukee, Birmingham, Sioux Falls, and Oklahoma City, they are all expected to have PA starting salaries either lower than or equal to the national averages in 2023. But the starting salaries in these 10 cities are projected to be higher, ranging from 0.5% to 14%:

1. Hartford, CT

Salaries in Hartford are 14% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $135,090
• 50th percentile: $146,250 -> $166,725
• 75th percentile: $175,750 -> $200,355

Manager of tax services

• 25th percentile: $92,750 -> $105,735
• 50th percentile: $112,750 -> $128,535
• 75th percentile: $131,000 -> $149,340

Senior tax associate

• 25th percentile: $65,250 -> $74,385
• 50th percentile: $78,500 -> $89,490
• 75th percentile: $90,500 -> $103,170

Tax associate

• 25th percentile: $51,250 -> $58,425
• 50th percentile: $63,000 -> $71,820
• 75th percentile: $72,750 -> $82,935

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $133,095
• 50th percentile: $144,500 -> $164,730
• 75th percentile: $167,500 -> $190,950

Manager, audit and assurance services

• 25th percentile: $80,000 -> $91,200
• 50th percentile: $100,000 -> $114,000
• 75th percentile: $114,000 -> $129,960

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $65,265
• 50th percentile: $72,000 -> $82,080
• 75th percentile: $82,000 -> $93,480

Associate, audit and assurance services

• 25th percentile: $48,500 -> $55,290
• 50th percentile: $59,750 -> $68,115
• 75th percentile: $68,750 -> $78,375

2. Salt Lake City

Salaries in Salt Lake City are 8% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $127,980
• 50th percentile: $146,250 -> $157,950
• 75th percentile: $175,750 -> $189,810

Manager of tax services

• 25th percentile: $92,750 -> $100,170
• 50th percentile: $112,750 -> $121,770
• 75th percentile: $131,000 -> $141,480

Senior tax associate

• 25th percentile: $65,250 -> $70,470
• 50th percentile: $78,500 -> $84,780
• 75th percentile: $90,500 -> $97,740

Tax associate

• 25th percentile: $51,250 -> $55,350
• 50th percentile: $63,000 -> $68,040
• 75th percentile: $72,750 -> $78,570

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $126,090
• 50th percentile: $144,500 -> $156,060
• 75th percentile: $167,500 -> $180,900

Manager, audit and assurance services

• 25th percentile: $80,000 -> $86,400
• 50th percentile: $100,000 -> $108,000
• 75th percentile: $114,000 -> $123,120

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $61,830
• 50th percentile: $72,000 -> $77,760
• 75th percentile: $82,000 -> $88,560

Associate, audit and assurance services

• 25th percentile: $48,500 -> $52,380
• 50th percentile: $59,750 -> $64,530
• 75th percentile: $68,750 -> $74,250

3. Tucson, AZ

Salaries in Tucson are 7% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $126,795
• 50th percentile: $146,250 -> $156,488
• 75th percentile: $175,750 -> $188,053

Manager of tax services

• 25th percentile: $92,750 -> $99,243
• 50th percentile: $112,750 -> $120,643
• 75th percentile: $131,000 -> $140,170

Senior tax associate

• 25th percentile: $65,250 -> $69,818
• 50th percentile: $78,500 -> $83,995
• 75th percentile: $90,500 -> $96,835

Tax associate

• 25th percentile: $51,250 -> $54,838
• 50th percentile: $63,000 -> $67,410
• 75th percentile: $72,750 -> $77,843

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $124,923
• 50th percentile: $144,500 -> $154,615
• 75th percentile: $167,500 -> $179,225

Manager, audit and assurance services

• 25th percentile: $80,000 -> $85,600
• 50th percentile: $100,000 -> $107,000
• 75th percentile: $114,000 -> $121,980

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $61,258
• 50th percentile: $72,000 -> $77,040
• 75th percentile: $82,000 -> $87,740

Associate, audit and assurance services

• 25th percentile: $48,500 -> $51,895
• 50th percentile: $59,750 -> $63,933
• 75th percentile: $68,750 -> $73,563

4. Baltimore

Salaries in Baltimore are 4% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $123,240
• 50th percentile: $146,250 -> $152,100
• 75th percentile: $175,750 -> $182,780

Manager of tax services

• 25th percentile: $92,750 -> $96,460
• 50th percentile: $112,750 -> $117,260
• 75th percentile: $131,000 -> $136,240

Senior tax associate

• 25th percentile: $65,250 -> $67,860
• 50th percentile: $78,500 -> $81,640
• 75th percentile: $90,500 -> $94,120

Tax associate

• 25th percentile: $51,250 -> $53,300
• 50th percentile: $63,000 -> $65,520
• 75th percentile: $72,750 -> $75,660

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $121,420
• 50th percentile: $144,500 -> $150,280
• 75th percentile: $167,500 -> $174,200

Manager, audit and assurance services

• 25th percentile: $80,000 -> $83,200
• 50th percentile: $100,000 -> $104,000
• 75th percentile: $114,000 -> $118,560

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $59,540
• 50th percentile: $72,000 -> $74,880
• 75th percentile: $82,000 -> $85,280

Associate, audit and assurance services

• 25th percentile: $48,500 -> $50,440
• 50th percentile: $59,750 -> $62,140
• 75th percentile: $68,750 -> $71,500

5. Charlotte, NC
6. Raleigh, NC

Salaries in Charlotte and Raleigh are 3.5% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $122,648
• 50th percentile: $146,250 -> $151,369
• 75th percentile: $175,750 -> $181,901

Manager of tax services

• 25th percentile: $92,750 -> $95,996
• 50th percentile: $112,750 -> $116,696
• 75th percentile: $131,000 -> $135,585

Senior tax associate

• 25th percentile: $65,250 -> $67,534
• 50th percentile: $78,500 -> $81,248
• 75th percentile: $90,500 -> $93,668

Tax associate

• 25th percentile: $51,250 -> $53,044
• 50th percentile: $63,000 -> $65,205
• 75th percentile: $72,750 -> $75,296

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $120,836
• 50th percentile: $144,500 -> $149,558
• 75th percentile: $167,500 -> $173,363

Manager, audit and assurance services

• 25th percentile: $80,000 -> $82,800
• 50th percentile: $100,000 -> $103,500
• 75th percentile: $114,000 -> $117,990

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $59,254
• 50th percentile: $72,000 -> $74,520
• 75th percentile: $82,000 -> $84,870

Associate, audit and assurance services

• 25th percentile: $48,500 -> $50,198
• 50th percentile: $59,750 -> $61,841
• 75th percentile: $68,750 -> $71,156

7. Tampa, FL

Salaries in Tampa are 2% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $120,870
• 50th percentile: $146,250 -> $149,175
• 75th percentile: $175,750 -> $179,265

Manager of tax services

• 25th percentile: $92,750 -> $94,605
• 50th percentile: $112,750 -> $115,005
• 75th percentile: $131,000 -> $133,620

Senior tax associate

• 25th percentile: $65,250 -> $66,555
• 50th percentile: $78,500 -> $80,070
• 75th percentile: $90,500 -> $92,310

Tax associate

• 25th percentile: $51,250 -> $52,275
• 50th percentile: $63,000 -> $64,260
• 75th percentile: $72,750 -> $74,205

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $119,085
• 50th percentile: $144,500 -> $147,390
• 75th percentile: $167,500 -> $170,850

Manager, audit and assurance services

• 25th percentile: $80,000 -> $81,600
• 50th percentile: $100,000 -> $102,000
• 75th percentile: $114,000 -> $116,280

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $58,395
• 50th percentile: $72,000 -> $73,440
• 75th percentile: $82,000 -> $83,640

Associate, audit and assurance services

• 25th percentile: $48,500 -> $49,470
• 50th percentile: $59,750 -> $60,945
• 75th percentile: $68,750 -> $70,125

8. Providence, RI

Salaries in Providence are 1.5% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $120,278
• 50th percentile: $146,250 -> $148,444
• 75th percentile: $175,750 -> $178,386

Manager of tax services

• 25th percentile: $92,750 -> $94,141
• 50th percentile: $112,750 -> $114,441
• 75th percentile: $131,000 -> $132,965

Senior tax associate

• 25th percentile: $65,250 -> $66,229
• 50th percentile: $78,500 -> $79,678
• 75th percentile: $90,500 -> $91,858

Tax associate

• 25th percentile: $51,250 -> $52,019
• 50th percentile: $63,000 -> $63,945
• 75th percentile: $72,750 -> $73,841

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $118,501
• 50th percentile: $144,500 -> $146,668
• 75th percentile: $167,500 -> $170,013

Manager, audit and assurance services

• 25th percentile: $80,000 -> $81,200
• 50th percentile: $100,000 -> $101,500
• 75th percentile: $114,000 -> $115,710

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $58,109
• 50th percentile: $72,000 -> $73,080
• 75th percentile: $82,000 -> $83,230

Associate, audit and assurance services

• 25th percentile: $48,500 -> $49,228
• 50th percentile: $59,750 -> $60,646
• 75th percentile: $68,750 -> $69,781

9. San Antonio

Salaries in San Antonio are 1% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $119,685
• 50th percentile: $146,250 -> $147,713
• 75th percentile: $175,750 -> $177,508

Manager of tax services

• 25th percentile: $92,750 -> $93,678
• 50th percentile: $112,750 -> $113,878
• 75th percentile: $131,000 -> $132,310

Senior tax associate

• 25th percentile: $65,250 -> $65,903
• 50th percentile: $78,500 -> $79,285
• 75th percentile: $90,500 -> $91,405

Tax associate

• 25th percentile: $51,250 -> $51,763
• 50th percentile: $63,000 -> $63,630
• 75th percentile: $72,750 -> $73,478

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $117,918
• 50th percentile: $144,500 -> $145,945
• 75th percentile: $167,500 -> $169,175

Manager, audit and assurance services

• 25th percentile: $80,000 -> $80,800
• 50th percentile: $100,000 -> $101,000
• 75th percentile: $114,000 -> $115,140

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $57,823
• 50th percentile: $72,000 -> $72,720
• 75th percentile: $82,000 -> $82,820

Associate, audit and assurance services

• 25th percentile: $48,500 -> $48,985
• 50th percentile: $59,750 -> $60,348
• 75th percentile: $68,750 -> $69,438

10. St. Louis

Salaries in St. Louis are 0.5% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $119,093
• 50th percentile: $146,250 -> $146,981
• 75th percentile: $175,750 -> $176,629

Manager of tax services

• 25th percentile: $92,750 -> $93,214
• 50th percentile: $112,750 -> $113,314
• 75th percentile: $131,000 -> $131,655

Senior tax associate

• 25th percentile: $65,250 -> $65,576
• 50th percentile: $78,500 -> $78,893
• 75th percentile: $90,500 -> $90,953

Tax associate

• 25th percentile: $51,250 -> $51,506
• 50th percentile: $63,000 -> $63,315
• 75th percentile: $72,750 -> $73,114

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $117,334
• 50th percentile: $144,500 -> $145,223
• 75th percentile: $167,500 -> $168,338

Manager, audit and assurance services

• 25th percentile: $80,000 -> $80,400
• 50th percentile: $100,000 -> $100,500
• 75th percentile: $114,000 -> $114,570

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $57,536
• 50th percentile: $72,000 -> $72,360
• 75th percentile: $82,000 -> $82,410

Associate, audit and assurance services

• 25th percentile: $48,500 -> $48,743
• 50th percentile: $59,750 -> $60,049
• 75th percentile: $68,750 -> $69,094

You can find all of our posts about the 2023 Robert Half Accounting & Salary Guide here.

The post These 10 LCOL Cities Are Expected to Have Higher-Than-Average Public Accounting Starting Salaries in 2023 appeared first on Going Concern.

What about cities that have a middle cost of living? What are their starting salary expectations for next year? Well, if you work/live in Chicago, Philadelphia, Nashville, Dallas, Phoenix, Portland, Denver, Las Vegas, Minneapolis, Atlanta, Omaha, and Miami, you’re in luck! Those 12 cities are the focus of this post.

By using the “find your local salaries” feature in the salary guide, we were able to find the 2023 average starting salaries for each city and compared them with the national average starting salaries for public accounting (2023 national average -> the average for that city by percentile per position). In its 2023 salary guide, Robert Half provided starting pay data for eight positions within PA: four in tax services and four in audit and assurance services.

Reminder: Robert Half provides starting salaries for three percentiles based on employee experience. Those percentiles are:

• 25th percentile: New to the role, with little to no experience; requires more than casual instruction or supervision to perform day-to-day duties.
• 50th percentile: Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role.
• 75th percentile: Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available.

The Windy City saw the biggest projected starting salary increase compared to the national averages, while six others are expected to have double-digit increases next year. One city, though, is expected to have starting salaries in public accounting below the national averages.

Here are the 2023 public accounting starting salary comparisons for those 12 MCOL cities:

1. Chicago

Salaries in Chicago are 24% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $146,940
• 50th percentile: $146,250 -> $181,350
• 75th percentile: $175,750 -> $217,930

Manager of tax services

• 25th percentile: $92,750 -> $115,010
• 50th percentile: $112,750 -> $139,810
• 75th percentile: $131,000 -> $162,440

Senior tax associate

• 25th percentile: $65,250 -> $80,910
• 50th percentile: $78,500 -> $97,340
• 75th percentile: $90,500 -> $112,220

Tax associate

• 25th percentile: $51,250 -> $63,550
• 50th percentile: $63,000 -> $78,120
• 75th percentile: $72,750 -> $90,210

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $144,770
• 50th percentile: $144,500 -> $179,180
• 75th percentile: $167,500 -> $207,700

Manager, audit and assurance services

• 25th percentile: $80,000 -> $99,200
• 50th percentile: $100,000 -> $124,000
• 75th percentile: $114,000 -> $141,360

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $70,990
• 50th percentile: $72,000 -> $89,280
• 75th percentile: $82,000 -> $101,680

Associate, audit and assurance services

• 25th percentile: $48,500 -> $60,140
• 50th percentile: $59,750 -> $74,090
• 75th percentile: $68,750 -> $85,250

2. Philadelphia

Salaries in Philadelphia are 18% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $139,830
• 50th percentile: $146,250 -> $172,575
• 75th percentile: $175,750 -> $207,385

Manager of tax services

• 25th percentile: $92,750 -> $109,445
• 50th percentile: $112,750 -> $133,045
• 75th percentile: $131,000 -> $154,580

Senior tax associate

• 25th percentile: $65,250 -> $76,995
• 50th percentile: $78,500 -> $92,630
• 75th percentile: $90,500 -> $106,790

Tax associate

• 25th percentile: $51,250 -> $60,475
• 50th percentile: $63,000 -> $74,340
• 75th percentile: $72,750 -> $85,845

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $137,765
• 50th percentile: $144,500 -> $170,510
• 75th percentile: $167,500 -> $197,650

Manager, audit and assurance services

• 25th percentile: $80,000 -> $94,400
• 50th percentile: $100,000 -> $118,000
• 75th percentile: $114,000 -> $134,520

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $67,555
• 50th percentile: $72,000 -> $84,960
• 75th percentile: $82,000 -> $96,760

Associate, audit and assurance services

• 25th percentile: $48,500 -> $57,230
• 50th percentile: $59,750 -> $70,505
• 75th percentile: $68,750 -> $81,125

3. Denver

Salaries in Denver are 17% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $138,645
• 50th percentile: $146,250 -> $171,113
• 75th percentile: $175,750 -> $205,628

Manager of tax services

• 25th percentile: $92,750 -> $108,518
• 50th percentile: $112,750 -> $131,918
• 75th percentile: $131,000 -> $153,270

Senior tax associate

• 25th percentile: $65,250 -> $76,343
• 50th percentile: $78,500 -> $91,845
• 75th percentile: $90,500 -> $105,885

Tax associate

• 25th percentile: $51,250 -> $59,963
• 50th percentile: $63,000 -> $73,710
• 75th percentile: $72,750 -> $85,118

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $136,598
• 50th percentile: $144,500 -> $169,065
• 75th percentile: $167,500 -> $195,975

Manager, audit and assurance services

• 25th percentile: $80,000 -> $93,600
• 50th percentile: $100,000 -> $117,000
• 75th percentile: $114,000 -> $133,380

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $66,983
• 50th percentile: $72,000 -> $84,240
• 75th percentile: $82,000 -> $95,940

Associate, audit and assurance services

• 25th percentile: $48,500 -> $56,745
• 50th percentile: $59,750 -> $69,908
• 75th percentile: $68,750 -> $80,438

4. Dallas

Salaries in Dallas are 12% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $132,720
• 50th percentile: $146,250 -> $163,800
• 75th percentile: $175,750 -> $196,840

Manager of tax services

• 25th percentile: $92,750 -> $103,880
• 50th percentile: $112,750 -> $126,280
• 75th percentile: $131,000 -> $146,720

Senior tax associate

• 25th percentile: $65,250 -> $73,080
• 50th percentile: $78,500 -> $87,920
• 75th percentile: $90,500 -> $101,360

Tax associate

• 25th percentile: $51,250 -> $57,400
• 50th percentile: $63,000 -> $70,560
• 75th percentile: $72,750 -> $81,480

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $130,760
• 50th percentile: $144,500 -> $161,840
• 75th percentile: $167,500 -> $187,600

Manager, audit and assurance services

• 25th percentile: $80,000 -> $89,600
• 50th percentile: $100,000 -> $112,000
• 75th percentile: $114,000 -> $127,680

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $64,120
• 50th percentile: $72,000 -> $80,640
• 75th percentile: $82,000 -> $91,840

Associate, audit and assurance services

• 25th percentile: $48,500 -> $54,320
• 50th percentile: $59,750 -> $66,920
• 75th percentile: $68,750 -> $77,000

5. Portland, OR

Salaries in Portland are 11% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $131,535
• 50th percentile: $146,250 -> $162,338
• 75th percentile: $175,750 -> $195,083

Manager of tax services

• 25th percentile: $92,750 -> $102,953
• 50th percentile: $112,750 -> $125,153
• 75th percentile: $131,000 -> $145,410

Senior tax associate

• 25th percentile: $65,250 -> $72,428
• 50th percentile: $78,500 -> $87,135
• 75th percentile: $90,500 -> $100,455

Tax associate

• 25th percentile: $51,250 -> $56,888
• 50th percentile: $63,000 -> $69,930
• 75th percentile: $72,750 -> $80,753

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $129,593
• 50th percentile: $144,500 -> $160,395
• 75th percentile: $167,500 -> $185,925

Manager, audit and assurance services

• 25th percentile: $80,000 -> $88,800
• 50th percentile: $100,000 -> $111,000
• 75th percentile: $114,000 -> $126,540

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $63,548
• 50th percentile: $72,000 -> $79,920
• 75th percentile: $82,000 -> $91,020

Associate, audit and assurance services

• 25th percentile: $48,500 -> $53,835
• 50th percentile: $59,750 -> $66,323
• 75th percentile: $68,750 -> $76,313

6. Phoenix
7. Miami

Salaries in Phoenix and Miami are 10% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $130,350
• 50th percentile: $146,250 -> $160,875
• 75th percentile: $175,750 -> $193,325

Manager of tax services

• 25th percentile: $92,750 -> $102,025
• 50th percentile: $112,750 -> $124,025
• 75th percentile: $131,000 -> $144,100

Senior tax associate

• 25th percentile: $65,250 -> $71,775
• 50th percentile: $78,500 -> $86,350
• 75th percentile: $90,500 -> $99,550

Tax associate

• 25th percentile: $51,250 -> $56,375
• 50th percentile: $63,000 -> $69,300
• 75th percentile: $72,750 -> $80,025

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $128,425
• 50th percentile: $144,500 -> $158,950
• 75th percentile: $167,500 -> $184,250

Manager, audit and assurance services

• 25th percentile: $80,000 -> $88,000
• 50th percentile: $100,000 -> $110,000
• 75th percentile: $114,000 -> $125,400

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $62,975
• 50th percentile: $72,000 -> $79,200
• 75th percentile: $82,000 -> $90,200

Associate, audit and assurance services

• 25th percentile: $48,500 -> $53,350
• 50th percentile: $59,750 -> $65,725
• 75th percentile: $68,750 -> $75,625

8. Atlanta

Salaries in Atlanta are 7.5% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $127,388
• 50th percentile: $146,250 -> $157,219
• 75th percentile: $175,750 -> $188,931

Manager of tax services

• 25th percentile: $92,750 -> $99,706
• 50th percentile: $112,750 -> $121,206
• 75th percentile: $131,000 -> $140,825

Senior tax associate

• 25th percentile: $65,250 -> $70,144
• 50th percentile: $78,500 -> $84,388
• 75th percentile: $90,500 -> $97,288

Tax associate

• 25th percentile: $51,250 -> $55,094
• 50th percentile: $63,000 -> $67,725
• 75th percentile: $72,750 -> $78,206

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $125,506
• 50th percentile: $144,500 -> $155,338
• 75th percentile: $167,500 -> $180,063

Manager, audit and assurance services

• 25th percentile: $80,000 -> $86,000
• 50th percentile: $100,000 -> $107,500
• 75th percentile: $114,000 -> $122,550

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $61,544
• 50th percentile: $72,000 -> $77,400
• 75th percentile: $82,000 -> $88,150

Associate, audit and assurance services

• 25th percentile: $48,500 -> $52,138
• 50th percentile: $59,750 -> $64,231
• 75th percentile: $68,750 -> $73,906

9. Minneapolis

Salaries in Minneapolis are 7% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $126,795
• 50th percentile: $146,250 -> $156,488
• 75th percentile: $175,750 -> $188,053

Manager of tax services

• 25th percentile: $92,750 -> $99,243
• 50th percentile: $112,750 -> $120,643
• 75th percentile: $131,000 -> $140,170

Senior tax associate

• 25th percentile: $65,250 -> $69,818
• 50th percentile: $78,500 -> $83,995
• 75th percentile: $90,500 -> $96,835

Tax associate

• 25th percentile: $51,250 -> $54,838
• 50th percentile: $63,000 -> $67,410
• 75th percentile: $72,750 -> $77,843

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $124,923
• 50th percentile: $144,500 -> $154,615
• 75th percentile: $167,500 -> $179,225

Manager, audit and assurance services

• 25th percentile: $80,000 -> $85,600
• 50th percentile: $100,000 -> $107,000
• 75th percentile: $114,000 -> $121,980

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $61,258
• 50th percentile: $72,000 -> $77,040
• 75th percentile: $82,000 -> $87,740

Associate, audit and assurance services

• 25th percentile: $48,500 -> $51,895
• 50th percentile: $59,750 -> $63,933
• 75th percentile: $68,750 -> $73,563

10. Las Vegas

Salaries in Las Vegas are 6% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $125,610
• 50th percentile: $146,250 -> $155,025
• 75th percentile: $175,750 -> $186,295

Manager of tax services

• 25th percentile: $92,750 -> $98,315
• 50th percentile: $112,750 -> $119,515
• 75th percentile: $131,000 -> $138,860

Senior tax associate

• 25th percentile: $65,250 -> $69,165
• 50th percentile: $78,500 -> $83,210
• 75th percentile: $90,500 -> $95,930

Tax associate

• 25th percentile: $51,250 -> $54,325
• 50th percentile: $63,000 -> $66,780
• 75th percentile: $72,750 -> $77,115

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $123,755
• 50th percentile: $144,500 -> $153,170
• 75th percentile: $167,500 -> $177,550

Manager, audit and assurance services

• 25th percentile: $80,000 -> $84,800
• 50th percentile: $100,000 -> $106,000
• 75th percentile: $114,000 -> $120,840

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $60,685
• 50th percentile: $72,000 -> $76,320
• 75th percentile: $82,000 -> $86,920

Associate, audit and assurance services

• 25th percentile: $48,500 -> $51,410
• 50th percentile: $59,750 -> $63,335
• 75th percentile: $68,750 -> $72,875

11. Nashville

Salaries in Nashville are 2% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $120,870
• 50th percentile: $146,250 -> $149,175
• 75th percentile: $175,750 -> $179,265

Manager of tax services

• 25th percentile: $92,750 -> $94,605
• 50th percentile: $112,750 -> $115,005
• 75th percentile: $131,000 -> $133,620

Senior tax associate

• 25th percentile: $65,250 -> $66,555
• 50th percentile: $78,500 -> $80,070
• 75th percentile: $90,500 -> $92,310

Tax associate

• 25th percentile: $51,250 -> $52,275
• 50th percentile: $63,000 -> $64,260
• 75th percentile: $72,750 -> $74,205

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $119,085
• 50th percentile: $144,500 -> $147,390
• 75th percentile: $167,500 -> $170,850

Manager, audit and assurance services

• 25th percentile: $80,000 -> $81,600
• 50th percentile: $100,000 -> $102,000
• 75th percentile: $114,000 -> $116,280

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $58,395
• 50th percentile: $72,000 -> $73,440
• 75th percentile: $82,000 -> $83,640

Associate, audit and assurance services

• 25th percentile: $48,500 -> $49,470
• 50th percentile: $59,750 -> $60,945
• 75th percentile: $68,750 -> $70,125

12. Omaha

Salaries in Omaha are 3% lower than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $114,945
• 50th percentile: $146,250 -> $141,863
• 75th percentile: $175,750 -> $170,478

Manager of tax services

• 25th percentile: $92,750 -> $89,968
• 50th percentile: $112,750 -> $109,368
• 75th percentile: $131,000 -> $127,070

Senior tax associate

• 25th percentile: $65,250 -> $63,293
• 50th percentile: $78,500 -> $76,145
• 75th percentile: $90,500 -> $87,785

Tax associate

• 25th percentile: $51,250 -> $49,713
• 50th percentile: $63,000 -> $61,110
• 75th percentile: $72,750 -> $70,568

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $113,248
• 50th percentile: $144,500 -> $140,165
• 75th percentile: $167,500 -> $162,475

Manager, audit and assurance services

• 25th percentile: $80,000 -> $77,600
• 50th percentile: $100,000 -> $97,000
• 75th percentile: $114,000 -> $110,580

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $55,533
• 50th percentile: $72,000 -> $69,840
• 75th percentile: $82,000 -> $79,540

Associate, audit and assurance services

• 25th percentile: $48,500 -> $47,045
• 50th percentile: $59,750 -> $57,958
• 75th percentile: $68,750 -> $66,688

Next week, we’ll take a look at 2023 public accounting starting salary comparisons for several low cost-of-living cities.

Related articles:

How Are Public Accounting Salaries Stacking Up For 2023? (Part 1, Robert Half)
Here Are the Projected 2023 Public Accounting Starting Salaries in Eight HCOL Cities

The post Let’s Take a Look at the Projected 2023 Public Accounting Starting Salaries in 12 MCOL Cities appeared first on Going Concern.

Last year around this time we looked at how public accounting starting salaries in five cities with the highest cost of living—San Francisco, New York City, Washington, DC, Boston, and Seattle—compared to the projected national averages for 2022. We’re going to do the same for 2023’s starting salary projections from Robert Half, and we included three additional HCOL cities (all in California) to the five we featured last year: San Jose, Los Angeles, and San Diego.

By using the “find your local salaries” feature in the salary guide, we were able to find the 2023 average starting salaries for each city and compared them with the national average starting salaries for public accounting (2023 national average -> the average for that city by percentile per position). In its 2023 salary guide, Robert Half provided starting pay data for eight positions within PA: four in tax services and four in audit and assurance services.

As in previous years, Robert Half provides starting pay data for three percentiles based on employee experience. Those percentiles are:

• 25th percentile: New to the role, with little to no experience; requires more than casual instruction or supervision to perform day-to-day duties.
• 50th percentile: Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role.
• 75th percentile: Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available.

Here are the 2023 public accounting starting salary comparisons for those eight HCOL cities:

1. New York City

Salaries in New York City are 38% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $163,530
• 50th percentile: $146,250 -> $201,825
• 75th percentile: $175,750 -> $242,535

Manager of tax services

• 25th percentile: $92,750 -> $127,995
• 50th percentile: $112,750 -> $155,595
• 75th percentile: $131,000 -> $180,780

Senior tax associate

• 25th percentile: $65,250 -> $90,045
• 50th percentile: $78,500 -> $108,330
• 75th percentile: $90,500 -> $124,890

Tax associate

• 25th percentile: $51,250 -> $70,725
• 50th percentile: $63,000 -> $86,940
• 75th percentile: $72,750 -> $100,395

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $161,115
• 50th percentile: $144,500 -> $199,410
• 75th percentile: $167,500 -> $231,150

Manager, audit and assurance services

• 25th percentile: $80,000 -> $110,400
• 50th percentile: $100,000 -> $138,000
• 75th percentile: $114,000 -> $157,320

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $79,005
• 50th percentile: $72,000 -> $99,360
• 75th percentile: $82,000 -> $113,160

Associate, audit and assurance services

• 25th percentile: $48,500 -> $66,930
• 50th percentile: $59,750 -> $82,455
• 75th percentile: $68,750 -> $94,875

2. San Francisco

Salaries in San Francisco are 35% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $159,975
• 50th percentile: $146,250 -> $197,438
• 75th percentile: $175,750 -> $237,263

Manager of tax services

• 25th percentile: $92,750 -> $125,213
• 50th percentile: $112,750 -> $152,213
• 75th percentile: $131,000 -> $176,850

Senior tax associate

• 25th percentile: $65,250 -> $88,088
• 50th percentile: $78,500 -> $105,975
• 75th percentile: $90,500 -> $122,175

Tax associate

• 25th percentile: $51,250 -> $69,188
• 50th percentile: $63,000 -> $85,050
• 75th percentile: $72,750 -> $98,213

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $157,613
• 50th percentile: $144,500 -> $195,075
• 75th percentile: $167,500 -> $226,125

Manager, audit and assurance services

• 25th percentile: $80,000 -> $108,000
• 50th percentile: $100,000 -> $135,000
• 75th percentile: $114,000 -> $153,900

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $77,288
• 50th percentile: $72,000 -> $97,200
• 75th percentile: $82,000 -> $110,700

Associate, audit and assurance services

• 25th percentile: $48,500 -> $65,475
• 50th percentile: $59,750 -> $80,663
• 75th percentile: $68,750 -> $92,813

3. Washington, DC
4. Boston

Salaries in Washington, DC and Boston are 33% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $157,605
• 50th percentile: $146,250 -> $194,513
• 75th percentile: $175,750 -> $233,748

Manager of tax services

• 25th percentile: $92,750 -> $123,358
• 50th percentile: $112,750 -> $149,958
• 75th percentile: $131,000 -> $174,230

Senior tax associate

• 25th percentile: $65,250 -> $86,783
• 50th percentile: $78,500 -> $104,405
• 75th percentile: $90,500 -> $120,365

Tax associate

• 25th percentile: $51,250 -> $68,163
• 50th percentile: $63,000 -> $83,790
• 75th percentile: $72,750 -> $96,758

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $155,278
• 50th percentile: $144,500 -> $192,185
• 75th percentile: $167,500 -> $222,775

Manager, audit and assurance services

• 25th percentile: $80,000 -> $106,400
• 50th percentile: $100,000 -> $133,000
• 75th percentile: $114,000 -> $151,620

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $76,143
• 50th percentile: $72,000 -> $95,760
• 75th percentile: $82,000 -> $109,060

Associate, audit and assurance services

• 25th percentile: $48,500 -> $64,505
• 50th percentile: $59,750 -> $79,468
• 75th percentile: $68,750 -> $91,438

5. San Jose, CA

Salaries in San Jose are 32% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $156,420
• 50th percentile: $146,250 -> $193,050
• 75th percentile: $175,750 -> $231,990

Manager of tax services

• 25th percentile: $92,750 -> $122,430
• 50th percentile: $112,750 -> $148,830
• 75th percentile: $131,000 -> $172,920

Senior tax associate

• 25th percentile: $65,250 -> $86,130
• 50th percentile: $78,500 -> $103,620
• 75th percentile: $90,500 -> $119,460

Tax associate

• 25th percentile: $51,250 -> $67,650
• 50th percentile: $63,000 -> $83,160
• 75th percentile: $72,750 -> $96,030

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $154,110
• 50th percentile: $144,500 -> $190,740
• 75th percentile: $167,500 -> $221,100

Manager, audit and assurance services

• 25th percentile: $80,000 -> $105,600
• 50th percentile: $100,000 -> $132,000
• 75th percentile: $114,000 -> $150,480

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $75,570
• 50th percentile: $72,000 -> $95,040
• 75th percentile: $82,000 -> $108,240

Associate, audit and assurance services

• 25th percentile: $48,500 -> $64,020
• 50th percentile: $59,750 -> $78,870
• 75th percentile: $68,750 -> $90,750

6. Los Angeles

Salaries in Los Angeles are 31% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $155,235
• 50th percentile: $146,250 -> $191,588
• 75th percentile: $175,750 -> $230,233

Manager of tax services

• 25th percentile: $92,750 -> $121,503
• 50th percentile: $112,750 -> $147,703
• 75th percentile: $131,000 -> $171,610

Senior tax associate

• 25th percentile: $65,250 -> $85,478
• 50th percentile: $78,500 -> $102,835
• 75th percentile: $90,500 -> $118,555

Tax associate

• 25th percentile: $51,250 -> $67,138
• 50th percentile: $63,000 -> $82,530
• 75th percentile: $72,750 -> $95,303

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $152,943
• 50th percentile: $144,500 -> $189,295
• 75th percentile: $167,500 -> $219,425

Manager, audit and assurance services

• 25th percentile: $80,000 -> $104,800
• 50th percentile: $100,000 -> $131,000
• 75th percentile: $114,000 -> $149,340

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $74,998
• 50th percentile: $72,000 -> $94,320
• 75th percentile: $82,000 -> $107,420

Associate, audit and assurance services

• 25th percentile: $48,500 -> $63,535
• 50th percentile: $59,750 -> $78,273
• 75th percentile: $68,750 -> $90,063

7. Seattle

Salaries in Seattle are 29% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $152,865
• 50th percentile: $146,250 -> $188,663
• 75th percentile: $175,750 -> $226,718

Manager of tax services

• 25th percentile: $92,750 -> $119,648
• 50th percentile: $112,750 -> $145,448
• 75th percentile: $131,000 -> $168,990

Senior tax associate

• 25th percentile: $65,250 -> $84,173
• 50th percentile: $78,500 -> $101,265
• 75th percentile: $90,500 -> $116,745

Tax associate

• 25th percentile: $51,250 -> $66,113
• 50th percentile: $63,000 -> $81,270
• 75th percentile: $72,750 -> $93,848

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $150,608
• 50th percentile: $144,500 -> $186,405
• 75th percentile: $167,500 -> $216,075

Manager, audit and assurance services

• 25th percentile: $80,000 -> $103,200
• 50th percentile: $100,000 -> $129,000
• 75th percentile: $114,000 -> $147,060

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $73,853
• 50th percentile: $72,000 -> $92,880
• 75th percentile: $82,000 -> $105,780

Associate, audit and assurance services

• 25th percentile: $48,500 -> $62,565
• 50th percentile: $59,750 -> $77,078
• 75th percentile: $68,750 -> $88,688

8. San Diego

Salaries in San Diego are 23% higher than the national average.

Senior manager/director tax services

• 25th percentile: $118,500 -> $145,755
• 50th percentile: $146,250 -> $179,888
• 75th percentile: $175,750 -> $216,173

Manager of tax services

• 25th percentile: $92,750 -> $114,083
• 50th percentile: $112,750 -> $138,683
• 75th percentile: $131,000 -> $161,130

Senior tax associate

• 25th percentile: $65,250 -> $80,258
• 50th percentile: $78,500 -> $96,555
• 75th percentile: $90,500 -> $111,315

Tax associate

• 25th percentile: $51,250 -> $63,038
• 50th percentile: $63,000 -> $77,490
• 75th percentile: $72,750 -> $89,483

Senior manager/managing director, audit and assurance services

• 25th percentile: $116,750 -> $143,603
• 50th percentile: $144,500 -> $177,735
• 75th percentile: $167,500 -> $206,025

Manager, audit and assurance services

• 25th percentile: $80,000 -> $98,400
• 50th percentile: $100,000 -> $123,000
• 75th percentile: $114,000 -> $140,220

Senior associate, audit and assurance services

• 25th percentile: $57,250 -> $70,418
• 50th percentile: $72,000 -> $88,560
• 75th percentile: $82,000 -> $100,860

Associate, audit and assurance services

• 25th percentile: $48,500 -> $59,655
• 50th percentile: $59,750 -> $73,493
• 75th percentile: $68,750 -> $84,563

Next up, we’ll take a look at 2023 public accounting starting salary comparisons for several middle cost-of-living cities.

Related articles:

How Are Public Accounting Salaries Stacking Up For 2023? (Part 1, Robert Half)
2022 Projected Public Accounting Salaries In Five HCOL Cities

The post Here Are the Projected 2023 Public Accounting Starting Salaries in Eight HCOL Cities appeared first on Going Concern.

The staffing and recruiting giant released its 2023 Accounting & Finance Salary Guide on Monday, which includes starting salary expectations for jobs in 35 categories, including public accounting. In the public accounting category, Robert Half provided 2023 starting salary projections for four roles in tax services and four roles in audit and assurance services.

Like in previous years, Bob breaks down starting pay ranges by percentile, based on a candidate’s experience. For 2023, there are three salary percentiles with the following descriptions:

• 25th percentile: New to the role, with little to no experience; requires more than casual instruction or supervision to perform day-to-day duties.
• 50th percentile: Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role.
• 75th percentile: Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available.

So without further ado, here are the starting salary projections in public accounting for 2023. Then we’ll take a look at how these projections compare to Robert Half’s starting salary predictions for 2022:

Robert Half expected starting salaries for these eight positions to increase between only 1.4% and 2.6% for 2022. For 2023, starting pay for these eight roles is expected to increase between 2.3% and 5.8%. Better than 2022 but still underwhelming, right?

Tax services

• Senior manager/director: 3.4%
• Manager: 2.3%
• Senior tax associate: 3.9%
• Tax associate: 2.7%

Audit and assurance services

• Senior manager/managing director: 3.4%
• Manager: 3.7%
• Senior associate: 4.3%
• Associate: 5.8%

Here again are the starting salaries for each of the eight public accounting roles in the 2023 salary guide, listed by percentile, compared with 2022’s starting salary projections from Robert Half (2022 -> 2023) so we can see how big the pay increases are expected to be by position and by percentile (in parenthesis):

Senior manager/director tax services

• 25th percentile: $114,500 -> $118,500 (3.5%)
• 50th percentile: $141,500 -> $146,250 (3.3%)
• 75th percentile: $170,000 -> $175,750 (3.4%)

Manager of tax services

• 25th percentile: $90,750 -> $92,750 (2.2%)
• 50th percentile: $110,000 -> $112,750 (2.5%)
• 75th percentile: $128,000 -> $131,000 (2.3%)

Senior tax associate

• 25th percentile: $62,500 -> $65,250 (4.4%)
• 50th percentile: $75,500 -> $78,500 (4%)
• 75th percentile: $87,500 -> $90,500 (3.4%)

Tax associate

• 25th percentile: $49,750 -> $51,250 (3%)
• 50th percentile: $61,500 -> $63,000 (2.4%)
• 75th percentile: $70,750 -> $72,750 (2.8%)

Senior manager/managing director, audit and assurance services

• 25th percentile: $113,000 -> $116,750 (3.3%)
• 50th percentile: $139,750 -> $144,500 (3.4%)
• 75th percentile: $162,000 -> $167,500 (3.4%)

Manager, audit and assurance services

• 25th percentile: $77,000 -> $80,000 (3.9%)
• 50th percentile: $96,250 -> $100,000 (3.9%)
• 75th percentile: $110,250 -> $114,000 (3.4%)

Senior associate, audit and assurance services

• 25th percentile: $55,000 -> $57,250 (4,1%)
• 50th percentile: $68,750 -> $72,000 (4.7%)
• 75th percentile: $78,750 -> $82,000 (4.1%)

Associate, audit and assurance services

• 25th percentile: $46,000 -> $48,500 (5.4%)
• 50th percentile: $56,750 -> $59,750 (5.3%)
• 75th percentile: $64,500 -> $68,750 (6.6%)

Upcoming: We’ll take a look at what public accounting starting salaries are expected to be like in several HCOL, MCOL, and LCOL cities for 2023.

Related article:

How Are Public Accounting Salaries Stacking Up For 2022? (Part 1, Robert Half)

The post How Are Public Accounting Salaries Stacking Up For 2023? (Part 1, Robert Half) appeared first on Going Concern.