Moderate salary gains are forecast nationwide
for accounting and finance professionals in 1998. However,
for candidates with hard-to-find skills and experience, these
increases will be much more pronounced.
Demand for accounting and finance professionals
is expected to be strongest in the health care and manufacturing
industries, though hiring activity varies significantly
by geographic region.
Assistant credit managers at midsized
companies will see starting salaries increase 2.5 percent,
to the range of $36,250 to $45,000 per year; those at
small companies can expect a 2.2 percent increase, to
the range of $32,000 to $39,250 per year.
Average starting salaries for directors
of accounting at companies with $50 to $100 million
in annual sales will increase 2.6 percent, bringing
base compensation to between $75,500 and $103,250 per
year.
Mortgage lenders can expect starting salaries to increase
2.1 percent, with base compensation ranging from $36,000
to $47,500.
Base compensation for general, audit,
tax and cost accounting managers at large companies
is projected to remain unchanged from 2002 levels, ranging
from $59,000 to $78,750 annually.