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MassCPAs’ 2024 Compensation and Benefits for Accounting Firm Leadership: A Strategic Guide

December 12, 2024

The executive summary of MassCPAs’ 2024 Compensation and Benefits for Accounting Firm Leadership: A Strategic Guide provides critical insights into the compensation, recruitment and retention challenges faced by CPA firms in Massachusetts, Maine and Rhode Island. Drawing from data provided by 67 firms, the report highlights trends in leadership pay, flexible work policies and the growing importance of competitive total rewards packages for attracting and retaining top talent. The analysis underscores the need for firms to adapt their strategies to navigate rising business costs and shifting workforce expectations.

In addition to the executive summary, linked here is a recording of a webinar highlighting key findings from the report. While the full report is available exclusively to firms that participated in the survey, this executive summary offers a valuable overview of the key findings. This survey will be conducted again in 2026, and we encourage you to participate if your firm is interested in gaining access to the complete data set. For more information, contact Kara Kieran at kkieran@masscpas.org.