Many in-house types have been worried about the cost of compliance since Sarbanes-Oxley, and recent data on accounting salaries show that there may be cause for continuing concern.According to the 2008 Salary Guide from Robert Half, public accountants are expected to see a bump in pay anywhere from 5.5 percent to 7.7 percent — several percentage points higher than the projected salary hikes for corporate accountants.
Will this translate into higher bills for those internal control reports? Here’s the numbers:
PUBLIC ACCOUNTING
Audit, tax and management services
Large firms
Senior manager/director: +7.4%
Manager: +7%
Senior: +6.1%
1 to 3 years: +5.7%
Up to 1 year: +5.5%
Midsize firms
Senior manager/director: +7.7%
Manager: +7%
Senior: +6.2%
1 to 3 years: +6.4%
Up to 1 year: +6.3%
Small firms
Senior manager/director: +7%
Manager: +7.6%
Senior: +6%
1 to 3 years: +7.7%
Up to 1 year: +6.4%
