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Randstad salary guide cites rising salaries for midlevel employees and increasing demand for accountants

February 22, 2022

Salaries for in-demand positions in key industries are rising, the number of certain tech jobs has grown and accountants are in especially high demand, according to Randstad USA’s 2022 Salary Guide.

It found salary gains were most prominent among midlevel employees. In particular, midlevel employees in manufacturing and logistics — including roles such as CNC programmers, molders, plant managers and logistics managers — are seeing significant salary increases.

The report also noted higher salaries being offered by investment banks. Morgan Stanley and Goldman Sachs raised annual first-year pay to $110,000, and other major banks have raised their entry-level bankers’ annual pay to $100,000.

“After working through the pandemic for almost two years, American workers have used this time to evaluate their priorities and are seeking personal and professional improvement at unprecedented levels,” said Karen Fichuk, CEO of Randstad North America and Randstad nv executive board member. “Workers are demanding better pay, more flexible work arrangements and safe workplaces.”

Other findings in the report included:

  • Accountants are in high demand. The report noted that there were 228,661 entry-level accounting jobs posted during the previous year, but fewer than 125,000 accounting degrees were awarded during the same period.
  • Healthcare workforce shrinks. The report said that the healthcare industry “has hemorrhaged nearly half a million workers in total since the start of the global pandemic,” 18% of the total healthcare workforce.
  • Growth in some tech jobs. The past four years have seen a 443% increase in DevOps positions, a 417% increase in machine learning positions, a 69% increase in software engineering positions and a 67% increase in data science positions.