We hear this question every day from business owners: “How much should I pay an accountant?”

Unfortunately, there is not a single right answer. Like any other occupation, an accountant’s salary is determined by a variety of factors. There are the usual variables like location and years of experience, but there are also unique determiners for accountants like professional licenses and accounting focus area. And then there is the ongoing war for talent to consider, which has made the topic of compensation even trickier!

If you want to know how much to pay your accountant, use this accountant salary guide to inform your compensation discussions and help you to make smart accounting recruiting decisions:

I have to assume you’ve probably read an article or two in recent months talking about “The Great Resignation.” It has even been sensationalized in places like the Antiwork forum on Reddit where people express their workplace frustrations. This reshuffling of the workforce reflects some 47 million people who quit their job in 2021. While quitting a job for better opportunities isn’t new, this kind of turnover is higher than anything seen in the last decade. The exact reasons are up for debate – an aging work force, early retirements to escape COVID-related issues or aided by stock market performance (prior to 2022), or younger workers searching for a better work/life balance. It is most likely a confluence of all of these. One thing is clear, Americans are reevaluating their jobs and, as a result, employers are finding quality talent harder to find, and more expensive when they do.

This isn’t exactly a new trend.  data shows, with the exception of the pandemic layoffs, American workers have grown increasingly willing to quit their job to look for greener pastures, while employers are less likely than ever to lay off staff.

Want to know more about accounting recruiting? You’ve come to the right place! Our team of experienced accounting and finance recruiters is sharing some industry information to help you better understand today’s recruiting climate.

When you hear “outsourced accounting services” what comes to mind? Typically, business owners and managers think of times when they might utilize project-based accounting help or hire a short-term accountant to bridge a hiring gap. And while these are common times to use accountant consultants, they are by no means the only types of roles that these kinds of accountants play. Accountant consultants (also called fractional accountants) can fulfill a number of different roles to help drive organizations forward.