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Benchmark: Paying for Financial Know-How

Some data showing salary projections for accounting and financial professionals.
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According to a recent survey by Robert Half Accountemps, companies can expect to pay an average of just 2% more in salaries for accounting and financial professionals during 1996. Specialists in vital areas, such as collection, should receive higher salary increases. Here are salary projections for some key jobs at companies with up to $15 million in sales:

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Job Salary Range % Change
Collection specialist $22,500Ñ$25,500 +3.2
Credit manager $30,750Ñ$37,750 +2.2
Accounting clerk $15,250Ñ$20,500 +2.1
Payroll clerk $18,250Ñ$22,500 +1.9
Payroll manager $22,000Ñ$28,000 +2.0
Full-charge bookkeeper
(general ledger) $24,000Ñ$29,000 +2.9
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Source: "1996 Salary Guide," Robert Half Accountemps, Menlo Park, Calif., November 1995.

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