Salary Guide for Accountants in Business and Industry
Pay increases this year for financial officers are hardly
keeping up with inflation—with the highest raises
going to the lowest paid employees in each category.
Chief Financial Officers and Treasurers*
|
Company dollar volume
|
|
Percentage change
|
|
(in millions)
|
1997
|
from 1996
|
|
$500+¹
|
$238,000 —$307,000
|
1.90%
|
|
250-500¹
|
$145,000 —$244,500
|
2.80%
|
|
100-250¹
|
$95,000 —$148,000
|
2.10%
|
|
50-100
|
$75,000 —$96,500
|
2.70%
|
|
To 50
|
$62,000 —$88,000
|
3.40%
|
|
*Assumes a corporate controller reports to the CFO.
|
Controllers
|
Company dollar volume
|
|
Percentage change
|
|
(in millions)
|
1997
|
from 1996
|
|
$250+
|
$85,000 —$138,000
|
1.40%
|
|
50—250²
|
$69,000 —$91,250
|
1.40%
|
|
10—50²³
|
$54,000 —$71,250
|
2.70%
|
|
To 10³
|
$47,000 —$61,750
|
2.60%
|
Controller—Assistant/Divisional/Plant and Assistant
Treasurers
|
Company (division) dollar volume
|
|
Percentage change
|
|
(in millions)
|
1997
|
from 1996
|
|
$250+
|
$60,000 —$81,000
|
2.20%
|
|
50—250
|
$51,250 —$65,000
|
2.20%
|
|
10—50
|
$44,000 —$55,000
|
2.10%
|
|
To 10
|
$41,000 —$52,000
|
2.20%
|
Corporate Tax Managers
|
Company (division) dollar volume
|
|
Percentage change
|
|
(in millions)
|
1997
|
from 1996
|
|
$250+
|
$69,000 —$110,000
|
1.70%
|
|
50—250
|
$58,000 —$75,000
|
2.30%
|
¹ Bonuses and incentives reflect an increasingly large part of overall pay at this level.
² Add 10% for CMA (certified management accountant) designation.
³ Add 10% for CPA designation.
Source: Robert Half International, Inc., Menlo Park, California.