23. Accountants salaries jump 11%

salaries rose 11 per cent this year to hit a median of $150,000 for full-time number crunchers, even as employers across the professional services industry warned they were tightening their belts in the economic downturn.

December 11, 2022

Welcome to the Accountants Chat newsletter

Here is some of the Australian Accounting news this week:

1. Accountants salaries jump 11%. Chartered accountants’ salaries rose 11 per cent this year to hit a median of $150,000 for full-time number crunchers, even as employers across the professional services industry warned they were tightening their belts in the economic downturn. Read more.

2. How to leverage (and grow) your professional networks. Building a strong professional network can be beneficial for your career in the long term, which is why it’s never too early to start working on yours – and it’s not as hard as you think. Read more.

3. It pays to carve your own niche. Focusing on a single sector, industry or business type can bring opportunity, differentiation and reward. But those who’ve done it say picking your speciality is just the first step. Read more.

4. EY scrapes US holiday bonuses as economic outlook darkens. EY has told its US staff they will not be getting holiday bonuses this year, becoming the latest large firm in the financial and professional services sectors to signal a challenging economic outlook. Read more.

From the Accountants Chat group: