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According to the new IMA® Global Salary Survey, 70% of accountants and financial professionals reported a pay raise.
Median total compensation for management accounting and finance professionals in the U.S. increased from $105,500 to $113,000. $105,500 $113,000
The median total compensation across 81 countries was $66,000.
Globally, Switzerland, the U.S., and the Netherlands had the highest salary and total compensation. Egypt had the lowest.
The highest-paying areas of responsibility were: Information systems Education Corporate accounting General management
Professionals in less traditional areas of responsibility saw an increase in salary. Budgeting Cost Control Risk Management Planning
Pay for accountants with traditional skills stayed about the same. Corporate accounting Taxation General accounting Internal audit
Certification led to significantly higher pay, and it also opened the door for new career opportunities.
CMAs (Certified Management Accountants) surveyed believed it strengthened their ability to move across all areas of the business. 83%
were confident that certification creates new career opportunities. 80% of CMAs were confident that certification creates new career opportunities. 80%
Globally, CMAs earned 59% more in salary and 63% more in total compensation. $ $
For more findings from the Global Salary Survey, view the full article on sfmagazine.com Join the conversation