Adrian JohnsonTLDR:
– Staff and partner compensation has risen dramatically in recent years, with staff getting paid 15.7% more and partners receiving a 29.2% increase in 2023 compared to 2020.
– The 2024 IPA 100 data will provide more insights into compensation trends, with equity partner compensation at $839,687, non-equity partner compensation at $307,579, and professional staff compensation at $104,370.
Will 2024 Show Another Big Boost in Compensation?
According to a recent report, staff and partner compensation has seen significant growth in recent years, with staff getting paid 15.7% more and partners receiving a 29.2% increase in 2023 compared to 2020. The 2024 IPA 100 data will provide more insights into compensation trends, with equity partner compensation reaching $839,687, non-equity partner compensation at $307,579, and professional staff compensation at $104,370. The MP compensation average has also increased significantly, reaching $1,726,853 in 2023. The upcoming August issue of INSIDE Public Accounting will provide firm rankings and analysis of the IPA 100, offering a deeper dive into compensation trends and insights.
