Being surrounded by information is an inescapable reality for today’s business leaders, especially those in Finance departments. An astounding 2.5 quintillion bytes of data are created each day, which is enough to fill 10 million blu-ray discs. While CFOs have been working with numbers for decades, the current data revolution has changed the game by turning Finance leaders from reactive company auditors into proactive strategic decision makers. Specifically, here’s how big data impacts the CFO.
Good people are hard to find. It may be an old adage, but it accurately summarizes the dilemma of those hiring in Finance and Accounting. Making matters worse, when a great candidate is finally found after painstaking weeks or months of searching, a new challenge arises: Compensation.
The ongoing skills shortage is not only driving up salaries, but is also making it more difficult than ever to determine the appropriate offer to extend to a candidate. Offer an exorbitant amount to “play it safe” and tens of thousands of dollars could be spent unnecessarily. Reach out with an offer that is drastically low and the candidate may immediately move on, leaving you with no counter offer or second chance. In order to level the playing field, let’s take a look at the salaries of some of the highest paying Finance and Accounting jobs in 2017.
The 2018 Finance and Accounting Salary Guide
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Highmark's 2018 Tech Salary Guide
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The 2018 Creative