- Salaries for accountants vary according to experience and education. According to the U.S. Bureau of Labor Statistics, the mean annual wage for accountants involved in the management of companies was $68,760, or $33.06 an hour, as of 2010. Indeed.com puts the annual salary for consulting accountants at $105,000 as of 2011.
- According to the Michigan Jobs & Career Portal, most accountants receive paid vacations and holidays; life, accident, disability, and hospitalization insurance; sick pay and retirement plans. It adds that some employers may offer stock purchase or savings plans for salaried employees. Self-employed consulting accountants make their own arrangements as to benefits.
- Indeed.com puts the annual salary for a consulting accountant at $121,000 in New York as of 2011. By contrast, a consulting accountant in Chicago or Atlanta makes $109,000 and one in Los Angeles makes $108,000. A consulting accountant in Seattle makes $92,000.
- The employment outlook for accountants is good, according to the BLS. Job growth prospects for accountants are projected to grow by 22 percent between 2008 and 2018, which is much faster than the average for all occupations. The BLS predicts the addition of 279,400 accounting jobs over the decade due to an increase in the number of businesses, changing financial laws, and increased corporate accountability. The BLS predicts that accountants with professional certification, especially CPAs, will have the best prospects.
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