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Article: Garden state economy strains profession's growth. (accounting industry adversely affected by New Jersey's slow economy according to New Jersey Society's 1992 Compensation, Fringe Benefits and Employer Policies survey)
- Article from:
- Accounting Today
- Article date:
- July 6, 1992
CopyrightCOPYRIGHT 1992 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROSELAND, N.J.- New Jersey's sluggish economy slowed the growth of the state's accounting profession last year.
This was apparent in the New Jersey Society's 1992 Compensation, Fringe Benefits and Employer Policies survey.
According to Barry Eckenthai, chairman of the Management of an Accounting Practice committee who coordinated the study, entry level salaries in 1991 showed little change from the previous year, billing rates were up a slim 5 percent and salary increases were 6 percent, down from 13 percent in 1990.
A partner in firm of Ehrenkrantz & Co., based here, Eckenthal said the study also showed an increased emphasis on marketing at ...