Compensation for Accounting Firm Partners in the United States is generous, with average pay surpassing six figures annually ($165K). In the world of Accounting Firm Partners, overall income ranges from $85K near the bottom to $375K at the top; this can include more than $82K from bonuses and more than $98K from profit sharing in exceptional cases. Residence is the biggest factor affecting pay for this group, followed by tenure. Medical benefits are awarded to a strong majority, and just over two-fifths earn dental coverage. Most people who answered the questionnaire are men; 69 percent of Accounting Firm Partners are male. Job satisfaction for Accounting Firm Partners is high. This snapshot results from replies to PayScale's salary survey.
Read More
$86,320 - $330,880
(Median)
$86K
$170K
$330K
MEDIAN: $165,458
10%
50%
90%

Add this chart to your site: 640px    300px

$30.00 - $102.50
(Median)
$
$50
$
MEDIAN: $50
50%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$130K$260K$390K
Salary
$86,320 - $330,880  
   
Bonus
$5,061 - $81,703  
Profit Sharing
$-0.49 - $97,871  
Commission
$7,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$84,938 - $375,000  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 260
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70$140$210
Hourly Rate
$50.08  
   
Overtime
$46.50  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Bonus
$5,061 - $81,703  
   
Commission
$7,500  
Profit Sharing
$-0.49 - $97,871  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$84,938 - $375,000  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 9
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Job Description for Partner - Accounting Firm

Typically, there are two types of accounting firm partners: equity partners and salaried partners. Equity partners are the highest-level individuals in the business, as they have usually put forth some of their own money to support the business. Salaried partners are those who have not invested directly in the business financially, but who are eligible for profit-sharing. Depending on the firm, a prospective partner may be asked to buy in before joining.

Read More...

Partner - Accounting Firm Tasks

  • Responsible for the financial well-being of the firm and ensure that the offices bring in a profit.
  • Oversee the operation of regional offices, coordinate their activities, and monitor their performance.
  • Manage the accounting firm's staff, select managers, and evaluate manager's performances.
  • Act as the highest executive of the accounting firm to direct and determine the final decision on all its projects and activities.
  • Establish the firm's policies and procedures, and make sure these practices are carried out in all of the firm's offices.

Common Career Paths for Partner - Accounting Firm


Add this chart to your site:   640px 640px    300px 300px


It is somewhat unusual to come across Accounting Firm Partners who move on to become Managing Partner, Accounting Firms, but it does happen from time to time, and the median salary for that position sits slightly higher at $202K. Many Accounting Firm Partners choose to become Certified Public Accountants and Chief Financial Officers as their careers advance. However, folks in those positions report median salaries of $116K less and $53K less, respectively.

Partner - Accounting Firm Job Listings

Search for more jobs:

Popular Skills for Partner - Accounting Firm


Accounting Firm Partners generally report applying a varied skill set to their work. Most notably, facility with Tax Consulting and Auditing are correlated to pay that is significantly above average, leading to increases of 46 percent and 10 percent, respectively. Those listing Tax Preparation as a skill should be prepared for drastically lower pay. Tax Compliance and Accounting also typically command lower compensation. Most people experienced in Accounting also know Tax Preparation.

Pay by Experience Level for Partner - Accounting Firm

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Salaries for the relatively untried average out to around $98K, but survey participants with five to 10 years of experience earn a significantly higher median of $139K. The average pay reported by folks with 10 to 20 years of experience is around $175K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $194K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects Partner - Accounting Firm Salaries



National Average
$175,000

Mid-Career
up arrow 20%

Entry-Level
up arrow 44%

Skills That Affect Partner - Accounting Firm Salaries

Tax Consulting
up arrow 46%

up arrow 10%

National Average
$175,000


Tax Compliance
up arrow 17%

Tax Preparation
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
2%
5-9 years
4%
10-19 years
44%
20 years or more
49%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 44%
medical benefits
Vision: 38%
dental benefits
None: 19%
ADVERTISEMENT