Accounting salaries can vary so much by your position and your career path. A lot of people with an accounting degree start work in an entry level position and work their way up the chain to the highest ranking accounting positions. As accounting careers differ in ways so does the accounting salary.
Financial Managers Salary
Financial Managers make an average of $103,910 a year which is about $49.96 an hour. The job outlook for budget analysts is expected to grow 9% from 2010 – 2020.
Economists Salary
Financial Managers make an average of $89,450 a year which is about $43.00 an hour. The job outlook for budget analysts is expected to grow 6% from 2010 – 2020.
Budget Analysts Salary
Budget analysts make an average of $68,200 a year which is about $32.79 an hour. The job outlook for budget analysts is expected to grow 10% from 2010 – 2020.
Accountants and Auditors Salary
Accountants and auditors make an average of $61,690 a year which is about $29.66 an hour. The job outlook for accountants and auditors is expected to grow 16% from 2010 – 2020.
Bookkeeping and Auditing Clerks Salary
Bookkeeping and auditing clerks make an average of $34,030 a year which is about $16.36 an hour. The job outlook for accountants and auditors is expected to grow 14% from 2010 – 2020.
*All information is from the Bureau of Labor Statistics
An accounting salary will vary on a few factors, such as location, workload and the actual job description. Many accountants also earn overtime wages during the tax season by helping individuals or businesses to complete the annual tax returns. The salaries will also vary based upon the type of business that the accounting is being done for. Smaller non-profit accountants typically earn less per year than for-profit agencies. There are a wide variety of different types of accountants as well. The job description of each type of accountant will also impact the accountant’s earnings. A general rule of thumb states that the more money a company makes; the more money the accountants will make that work for or with the company. Another thing to consider are the perks that the company has to offer. Many businesses offer percentage bonuses throughout the year that can really boost an accountant’s income.
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