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.

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.