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I'm seeing A LOT of $20,000-$30,000 accounting jobs for recent graduates.
When I graduated six years ago, I had no work experience and got an offer for $45,000. That was actually on the low end as most of my peers were getting $50,000-$60,000 offers immediately after graduation. There were all sorts of "signing bonuses" back then. Those days are long gone!!!
If I were to do it all over again, I wouldn't go into accounting. Besides the abysmal pay for entry level graduates nowadays, the work itself is incredibly dry and boring. I've worked in tax, audit, and corporate accounting and have found all of the work to be dull and uninteresting. Add in the toxic office environments and it becomes Hell. Studying accounting in school and actually doing it on a day-to-day basis are two different things.
I'm currently researching other career paths and will take night classes to train for a different field.
Last edited by statisticsnerd; 03-24-2012 at 10:11 PM..
A lot of parents also thought they had a good handle on the local market when they sent their spawn off to get their accounting degrees... I wouldn't take your word as being evidence of such... I would actually be interested, because I have friends in Michigan who have business degrees, including accounting degrees from reputable universities, who would greatly benefit from jobs that are above clerical level paper pushing jobs that pay 25K/year. From my viewpoint, all the effort and debt has not been paying off for a lot of folks, but that is the way capitalism works I suppose.
I'm seeing A LOT of $20,000-$30,000 accounting jobs for recent graduates.
When I graduated six years ago, I had no work experience and got an offer for $45,000. That was actually on the low end as most of my peers were getting $50,000-$60,000 offers immediately after graduation. There were all sorts of "signing bonuses" back then. Those days are long gone!!!
If I were to do it all over again, I wouldn't go into accounting. Besides the abysmal pay for entry level graduates nowadays, the work itself is incredibly dry and boring.
That's where I consider myself to be very lucky... I wake up every day looking forward to going to work. My line of work (CNC machining aluminum and titanium Boeing aircraft parts) is never dull, it's always something different and is very rewarding.
Not sure what I would do if I had a job that was the same old dry and boring thing day after day... I guess I'd find another profession too.
A lot of parents also thought they had a good handle on the local market when they sent their spawn off to get their accounting degrees... I wouldn't take your word as being evidence of such... I would actually be interested, because I have friends in Michigan who have business degrees, including accounting degrees from reputable universities, who would greatly benefit from jobs that are above clerical level paper pushing jobs that pay 25K/year. From my viewpoint, all the effort and debt has not been paying off for a lot of folks, but that is the way capitalism works I suppose.
Take my word. Don't take my word. Makes no difference to me. I deal with hiring that level of accountants on a regular basis. I know what we pay and I know what other companies in the area pay.
And Michigan has absolutely nothing to do with where I live. Would you compare New York with Ohio and expect things to be similar?
50k sounds about right for the larger markets with higher cost of living.
The lower wages mentioned unfortunately also sound about right for smaller markets that don't have a lot of major companies.
This field has never really been about making high salary right out of the gate, the entry level jobs are more about opportunity to gain experience and eventually earn a solid salary a few years down the road. The problem is when people can't get that initial experience...I'm hoping a relocation to another state later this year may help me.
Last edited by e_cuyler; 03-25-2012 at 12:42 PM..
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