ARG Financial Salary Guide 2023

Employment Outlook We called 2022 the year of “known unknowns.” Business leaders navigated a financial, social and political landscape of uncertainty. From the pandemic to the supply-chain conundrum, inflation, geopolitical tensions and the economic downturn, we expect this near-constant disruption to hold in 2023. But with disruption comes innovation, agility, growth, and resilience. And we anticipate the Accounting and Finance sector to remain strong. Our biggest obstacle will be another carryover from previous years — the talent shortage. Near full employment in Southern California, fierce competition for talent, the need for skilled workers, and a constrained national effort to rebuild the supply chain will make it difficult to find top talent in Accounting and Finance. For the first time, we also have five generations in the workforce with different values, experiences and needs — creating more complexities in how we work together. Considering the unknowns of 2023, we have been more circumspect in our predictions for the Accounting and Finance market for Southern California. We are encouraged that the talent market will remain robust. From a global perspective, a survey of nearly 5,000 CEOs from 89 countries found optimism in continued economic resilience. Closer to home, and at the time the Salary Guide went to press, U.S. executives anticipate their organizations will grow in the next 12 months and 50% expect to expand their workforce . While

10 Financial Salary Guide & Employment Outlook 2023

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