Tuesday, November 08, 2005

Finance Salaries Seen Surging in 2006


Starting salaries for people involved with corporate-governance initiatives — like internal and information technology auditors and public accountants — should grow especially strongly, a new study predicts.

Accounting and finance professionals are currently sitting in a sweet spot when it comes to employment. While many fields are downsizing and many employees are happy to eke out 2 percent to 3 percent raises, heavy competition among prospective employers is sending salaries for a wide variety of finance-related jobs soaring.

To be sure, starting salaries in accounting and finance, in general, are expected to rise an average of 3.1 percent in 2006, according to a recent survey by Robert Half International Inc. But researchers at the recruiting firm expect starting salaries for people involved with corporate-governance initiatives — such as internal and information-technology (IT) auditors and public accountants — to grow a good deal more strongly.

See full Article.