Key Factors That Influence Chartered Accountant Salaries
A Chartered Accountant's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location
and company size
can directly affect your earning potential.
How Experience Level Affects Chartered Accountant Salaries?
Experience is a primary driver of a Chartered Accountant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
How Do Chartered Accountant Salaries Vary from State to State?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Chartered Accountants. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
Chartered Accountant Salary by Industry: Top Paying Sectors
For Chartered Accountant roles, the industry you choose can affect earning potential
by as much as 65% (the gap between the highest and lowest paying industries).
Data shows that the Biotechnology and Energy & Utilities
sectors offer the strongest compensation, at 25% above the average.
In contrast, Chartered Accountant positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay,
as these industries often view Chartered Accountant as a support function rather than a direct revenue driver.
The top paying industries for a Chartered Accountant
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Biotechnology
$87,210
$42.0
25%
Energy & Utilities
$83,722
$40.0
20%
Internet
$82,326
$40.0
18%
Aerospace & Defense
$76,745
$37.0
10%
Chemicals
$76,745
$37.0
10%
Chartered Accountant Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Chartered Accountant's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
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Where Does Our Salary Data Come From?
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources.
We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right.
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