Today, many companies are speeding up their hiring processes to avoid losing potential accounting and finance candidates to other job offers. They are increasing recruiting efforts on college campuses and experimenting with incentive plans, such as bonuses to existing staff who refer candidates that are later hired.

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. For example, candidates with advanced degrees and certifications will command higher salaries in the coming year.

Companies are paying close attention to demands from job candidates for quality-of-life and other benefits. Stock options, flexible work schedules and relocation expense reimbursement are just a few of the perquisites being presented to accounting and finance professionals in today's competitive market.

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