While we await the release of Accounting Principals’ 2022 Accounting & Finance Salary Guide, let’s take a look at the salary projections in public accounting for next year from Alliance Resource Group.
ARG provides its 2022 salary outlook for 11 positions within public accounting (six in tax and five in audit), with a salary range for each position. It also includes the average bonus percentage that was paid out for each of the 11 PA roles in 2021.
Unfortunately I wasn’t able to find an online copy of ARG’s salary projections for 2021 so we could see how much pay is expected to increase (or decrease) in public accounting next year. But ARG did offer this piece of good news … and some bad news:
While pay raises are returning to pre-pandemic levels across all industries, rising prices mean higher salaries may not keep pace with inflation.
Those of us who are now dropping $200 to $225 each week at SuperTarget on groceries for a family of four aren’t shocked by that comment at all.
Anyhoo, here’s what ARG thinks your compensation should be next year:
Related article:
How Are Public Accounting Salaries Stacking Up For 2022? (Part 1, Robert Half)
Your article does not state the size of the accounting firms for the salary ranges stated. Did ASG list the salaries for size of the accounting firms and the area of the country they are located in? There probably is a wide range based on the locality of the firms.
No, unlike Robert Half’s, ARG does not provide public accounting salary info for particular cities or regions. And nothing either in regards to firm size, so your reasoning on the wide salary ranges is probably correct.