As of late May, close to 200 firms had been finalized and entered into the INSIDE Public Accounting (IPA) database in connection with the 2022 IPA survey.
A few results of the early submissions are highlighted below.
Average professional staff turnover for firms above $32 million is 16.8% and 15.3% for firms under $32 million.
Average Prof. Staff Compensation Above $32 Million in Net Revenues – By Years of Experience
0-2 Years $60,550
3-5 Years $76,314
6-8 Years $97,115
All Prof. Staff $92,147
Average Prof. Staff Compensation Below $32 Million in Net Revenues – By Years of Experience
0-2 Years $55,422
3-5 Years $68,711
6-8 Years $88,711
All Prof. Staff $81,940
INSIDE Public Accounting is expecting close to 600 firms to participate in this year’s annual benchmarking survey. For information on the data that will be available in the 2022 IPA National Practice Management Reports, download table of contents.