CPAs Expect 2%-4% in Annual Raises
Sluggish gains breed challenges for management as accounting professionals weigh their options.

In the utility industry for instance, one middle manager noted, "Enron has given the industry a bad name, which has caused the industry to become ultraconservative in its business dealings -- slowing growth, incomes, raises and hiring."

In public accounting, CPAs report difficulty in generating new and high-margin clients. "It's hard getting the kind of new clients we need to replace the ones falling by the wayside," said one senior partner. More...

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