Career in Business

Posted by Nabeel at 5:21 PM

Accounting: Salaries

The median entry level salary in public accounting in 2009 was $59,000. After four years you can expect to make something approximating $70,000 to $85,000. Accounting salaries are usually similar in the private sector and slightly lower in government. They tend to higher in major cities. There is huge upside in the Big 4 accounting firms at the top. While not widely publicized, annual payouts to top partners at PWC, E&Y, Deloitte and KPMG often run north of $1,000,000.
Recent salary ranges in accounting are:
Big 4 Firm Overall Typical Experience
Entry Level $55,000 $50,000 - 70,000 First year
Junior Staff Accountant $46,000 - 63,000 $40,000 - 80,000 1-2 years
Senior Staff Accountant $65,000-95,000 $70,000 3-5 years
Manager $65-140,000 $85,000 5-7 years
Senior Manager $72-160,000 $115,000 7 years plus
Partner $200,000 - 3,000,000 $150,000 10 years plus

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Big 4 Firm	Overall	Typical Experience
Entry Level	$55,000	$50,000 - 70,000	First year
Junior Staff Accountant	$46,000 - 63,000	$40,000 - 80,000	1-2 years
Senior Staff Accountant	$65,000-95,000	$70,000	3-5 years
Manager	$65-140,000	$85,000	5-7 years
Senior Manager	$72-160,000	$115,000	7 years plus
Partner	$200,000 - 3,000,000	$150,000	10 years plus