Revenue per FTE stands as a key metric that IPA examines closely year after year. As firms increasingly hire non-traditional or non-chargeable personnel, this metric emerges as a valuable indicator of a firm’s overall performance.
For all participating firms, revenue per FTE first crossed the $200,000 threshold in 2022. This year saw another large increase for all firms in the survey.
When revenue per FTE is analyzed through the lens of inflation, however, the $10,000 bump this year appears less remarkable. In fact, average revenue per FTE for all participating firms is now outpaced by inflation.
Source: The 2023 INSIDE Public Accounting Practice Management Survey
Find out more information on compensation systems, firm structure and KPIs across the profession by purchasing the 2023 IPA Practice Management Report. In addition, IPA offers three additional reports focused on Firm Administration, Human Resources and Information Technology.
