The 1997 pay scale




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.

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