By James Bell
You know how much you are being paid (hopefully), but do you know how your wages compare to others in your industry? Are you expanding your business? Need to take on additional staff but have no idea how much to pay them? Under and over paying your employees can lead to unwanted results, do you know where you or your business stands next to the rest?
Well, you are in luck because the second largest human resources firm in the world, Randstad, just released their 2016 Salary Guide. This guide goes into detail for a majority of states about what specific jobs pay, as well as overall national salaries.
Keep in mind that your industry and size of the company matter. These play a large role in where you are at within that range. We noticed that the high end of the range on the small sized companies was the low end of the Large sized companies.
Here are some snippets of information we gathered from the report.
An accounts payable and accounts receivable clerk for a small company has a range of $36,050 to $44,950. These cap out at $54,350 for a large company.
A full charge bookkeeper for a small business can expect to make between $44,900 to $73,000 annually.
An accounting clerk for a small business has a salary range of $35,500 – $45,900.
Senior Accountant’s Salary average starting ranges from $61,000 to $85,000 depending on the company size and industry.
Cost Accountant’s average starting salary $51,000 to $74,000. Cost accountants in management positions jumping up to the $85,000 to $135,000 range.
Finance Managers starting range is $82,000 to $130,000 depending on the company size and industry.
Here is the link to download the guide for many industries. This guide included a state by state breakdown as well.
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