ccounting and financial professionals expected to realize above-average compensation gains in 2006. In a joint survey by Ajilon Finance and Business Finance magazine, 39% expected an increase of between 5% and 10%, and another 10% anticipated an increase of more than 10%. About half (49%) expected their compensation to stay about the same.
Business and financial reporting/analysis/forecasting (33%), creating shareholder value (22%), accounting/auditing (15%), corporate governance and regulatory compliance (10%) and strategic planning (10%) were among the top drivers of compensation.
A strong job market, high voluntary turnover and booming demand for financial professionals should continue to drive compensation packages upward in the coming year and beyond.
Source: “2006 Career and Compensation Survey.”