Bull Bear Report Oct 12 2010

More Bullish Salary News

By kyle stock

Starting salaries at finance and accounting companies will see a healthy bump next year, according to new survey data by staffing giant Robert Half.

Based on its own placements and interviews with executives, Robert Half predicted starting salaries will increase between 1.5% and 5% across a wide range of firms. The study did not comprise bonuses or salaries for more senior positions.

Not surprisingly, risk managers are expected to see the biggest salary increases in banking, roughly 3.6%. Meanwhile, i-banking associates, the grunts in M&A armies are expected to get an additional 4.4% bump.

Adjusting for geography, Robert Half said workers can expect the biggest salaries in New York, San Francisco and Washington, D.C.

The bottom of the barrel? El Paso, Texas, Macon, Ga., and Canton, Ohio.

Write to Kyle Stock

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