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Can I get good benefits in this carrer?
#accountant #college #accounting
#math
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18 answers
Updated
Lauren’s Answer
Absolutely! The benefits of being an accountant range from great compensation & healthcare benefits to outstanding business opportunities which will certainly open up many doors for you future!
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Dinesh’s Answer
Lot of great advice from other mentors. And I agree this is a great profession to be in from compensation, benefits and great career path ahead. Also this gives you an edge on your personal finance perspective as well.
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Cristina’s Answer
Absolutely! Hi Dulce! I would say having an accounting job has so many benefits depending on the firm you work for. In regards to pay, work-life balance, and vacation (all depending on employer), is very good comparing to other careers.
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Andrew’s Answer
At the start of our career endeavor, the first question we should ask ourselves is what value do we bring to our perspective employers. Therefore, we should first fortify ourselves with sound and solid knowledge in the job we attempt to engage in. If we can demonstrate our value and ability as an employee, we will have the bargaining power for good benefit.
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Jennifer’s Answer
PwC has amazing benefits and receives an award from Working Mother's magazine every year. I am a single mom and am so thankful for all PwC has to offer me in terms of physical and mental health, financial guidance, child care resources, and flexibility.
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Yunqing (Meredith)’s Answer
Most big firms in accounting have great benefits. Accountants are essential for the firms so if you are hired, benefits will not be a problem to concern.
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Ashley’s Answer
Hi Dulce! Absolutely. There are many great benefits the accounting firms give as well as many perks such a flexibility, cell phone coverage, and student loan paydown.
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Simeon’s Answer
You can get amazing benefits as an accountant. If you go into audit with one of the big four accounting firms: PwC, Deloitte, KPMG, or EY, they offer many different savings/investments incentives and 8 weeks of paternity leave if you're interested in starting a family someday. They also have a lot of employee discounts and offers that they regularly send out in emails.
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Barrett’s Answer
Yes, you can absolutely get great benefits working in accounting. The Big 4 accounting firms are always in the annual lists for the best places to work, and they all offer great benefits. Outside of the big 4, there's a lot of accounting-related career opportunities to pursue that would provide great benefits. If you're interested in looking at some of the companies that offer great benefits and also provide amazing career opportunities, check out the lists below.
Indeed's Top Rated Workplaces:
https://www.indeed.com/Top-Rated-Workplaces/2019-US-The-Top-50
Fortune's 100 Best Companies to Work for:
https://fortune.com/best-companies/2020/search/
Forbes' Best Employers:
https://www.forbes.com/best-employers/6376b5f2461b
Indeed's Top Rated Workplaces:
https://www.indeed.com/Top-Rated-Workplaces/2019-US-The-Top-50
Fortune's 100 Best Companies to Work for:
https://fortune.com/best-companies/2020/search/
Forbes' Best Employers:
https://www.forbes.com/best-employers/6376b5f2461b
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Maria’s Answer
Absolutely. It depends on the organization; however most professionals are salaried when a comprehensive benefit package, which includes medical, dental, paid time off , and more.
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Athena’s Answer
Definitely! Accounting has a lot of opportunities and career paths. All companies need accountants, so I would think about what industry you are passionate about and look for the companies that fit your interests!
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Jacqueline’s Answer
I believe being in the accounting profession can lead to great benefits. Whether you work for a big accounting firm, in a company (industry) , in government or other places, there are great health care and compensation benefits and the greatest benefit I see is that it is rewarding. As you grow in your career you can obtain better benefits and also negotiate these items whether it be salary, vacation, job title.
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Lucineh’s Answer
Hi There,
By being organized, following instructions and being patient you can succeed in this career.
By being organized, following instructions and being patient you can succeed in this career.
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Laurie’s Answer
The type of benefits you receive will depend upon the type and size of company you work for. Generally public accounting firms and larger companies have the best benefits. Usually accountants have medical, dental, vision, 401(k) and various other benefits. Good luck!
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Mike’s Answer
The Accounting Profession not only offers great benefits and compensation, it also offers great opportunities for personal and professional development.
After obtaining my Accounting degree I worked at a small local firm. From there, I branched out into an industry I liked and have flourished.
Honestly, there have been dry spells in my professional career, but one thing is for sure, my Accounting Degree has opened doors in positions I never dreamed of.
I have been able to branch out and currently love my present position. I performed Accounting functions for 10 years before moving into a different position all together. I am not an Accountant at present, but with my accounting degree, I have been able to succeed in ways I never thought. The Basics in Accounting are valuable in many different aspects in the professional world.
Focus on what you like and compensation will follow.
After obtaining my Accounting degree I worked at a small local firm. From there, I branched out into an industry I liked and have flourished.
Honestly, there have been dry spells in my professional career, but one thing is for sure, my Accounting Degree has opened doors in positions I never dreamed of.
I have been able to branch out and currently love my present position. I performed Accounting functions for 10 years before moving into a different position all together. I am not an Accountant at present, but with my accounting degree, I have been able to succeed in ways I never thought. The Basics in Accounting are valuable in many different aspects in the professional world.
Focus on what you like and compensation will follow.
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Zach’s Answer
Completely agree with Maria, and it should be a question you ask recruiters and interviewers as it is an important factor into your career and personal well-being. There are plenty of other benefits that may be available depending on the career and employer, and they may change over time, including student loan repayment, mobility, perks/discounts, well-being benefits and other rewards.
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June’s Answer
Accounting and Math are great choices to pursue, but allow an open-mind to other possibilities as well. Below are some websites you can explore for more detail regarding the fields you are currently considering. Best of luck!
Source: https://www.degreequery.com/what-is-the-benefit-of-an-accounting-degree-vs-a-mathematics-degree/
If you like working with numbers, you might wonder whether accounting or mathematics is a better college major for you to pursue. Both academic paths have their benefits, and both degrees can lead to a lucrative career. However, there are a lot of differences between the two fields of study. Choosing an accounting degree over a math degree can offer you more career opportunities across a greater range of work settings without the need for advanced or graduate-level studies in math concepts and theories.
More Job Opportunities
Accounting is a great career path for those who value job security. The occupation has historically seen low rates of unemployment, even during tough economic times that result in numerous layoffs and closures in other industries. Having a skilled and reliable accountant is just as important, if not more important, in times of economic turmoil as it is in more profitable times.
Technically, mathematicians are actually seeing a higher rate of growth than accountants. The United States Bureau of Labor Statistics (BLS) expects jobs for accountants and auditors to increase by 10 percent over a decade. Although this growth rate is faster than average, it’s well below the much faster than average growth rate of 33 percent that the BLS predicted for mathematicians and statisticians. However, accountant is a much larger occupation than mathematician is. There are already 1,397,700 accountants and auditors working across the United States, compared to just 40,300 mathematicians and statisticians. Jobs may be growing three times faster for mathematicians and statisticians than for accountants, but the BLS predicts more than 10 times as many new jobs to open up for accountants as for mathematicians and statisticians.
Source: https://www.trade-schools.net/articles/jobs-for-math-majors.asp
What Jobs Involve Math?
Almost every job involves math to some extent, though the type of math used in jobs can vary from basic addition and subtraction to complex algebra and inferential statistics. Consider these findings from a study of American workers:1
94 percent of all workers use some sort of math in their jobs.
68 percent use fractions, decimals, and percentages.
More than a third of skilled blue-collar workers such as carpenters and mechanics use basic algebra on the job; 29 percent use geometry and trigonometry.
5 percent of all workers use calculus; skilled trades workers, managers, and technical professionals use it the most.
Math skills are clearly important in many careers, most notably the science, technology, and engineering professions. But such skills also feature prominently in some careers that may not seem like a natural end point for someone with a math degree. Video game developer and computer animator are just two examples of less-obvious jobs that actually use calculus, for instance.
A major in mathematics is a springboard to a wide range of rewarding careers. Whether you focus on theoretical mathematics or applied math, the analytical and quantitative skills you develop in a math program are valuable assets that many employers need. Take a look at some of the types of organizations that hire math majors:
Government agencies and academic research institutes
Engineering firms
Biomedical and health services companies
Insurance agencies
Real estate firms
Medical device manufacturers
Airlines and other transportation service providers
Financial institutions
A lot of math majors spend time looking into how to work for Google or other high-profile companies. After all, such organizations frequently offer great pay and generous, distinctive benefits. But it's worth keeping in mind that many small companies also offer outstanding salaries and perks to those with well-developed problem-solving skills.
Source: https://www.degreequery.com/what-is-the-benefit-of-an-accounting-degree-vs-a-mathematics-degree/
If you like working with numbers, you might wonder whether accounting or mathematics is a better college major for you to pursue. Both academic paths have their benefits, and both degrees can lead to a lucrative career. However, there are a lot of differences between the two fields of study. Choosing an accounting degree over a math degree can offer you more career opportunities across a greater range of work settings without the need for advanced or graduate-level studies in math concepts and theories.
More Job Opportunities
Accounting is a great career path for those who value job security. The occupation has historically seen low rates of unemployment, even during tough economic times that result in numerous layoffs and closures in other industries. Having a skilled and reliable accountant is just as important, if not more important, in times of economic turmoil as it is in more profitable times.
Technically, mathematicians are actually seeing a higher rate of growth than accountants. The United States Bureau of Labor Statistics (BLS) expects jobs for accountants and auditors to increase by 10 percent over a decade. Although this growth rate is faster than average, it’s well below the much faster than average growth rate of 33 percent that the BLS predicted for mathematicians and statisticians. However, accountant is a much larger occupation than mathematician is. There are already 1,397,700 accountants and auditors working across the United States, compared to just 40,300 mathematicians and statisticians. Jobs may be growing three times faster for mathematicians and statisticians than for accountants, but the BLS predicts more than 10 times as many new jobs to open up for accountants as for mathematicians and statisticians.
Source: https://www.trade-schools.net/articles/jobs-for-math-majors.asp
What Jobs Involve Math?
Almost every job involves math to some extent, though the type of math used in jobs can vary from basic addition and subtraction to complex algebra and inferential statistics. Consider these findings from a study of American workers:1
94 percent of all workers use some sort of math in their jobs.
68 percent use fractions, decimals, and percentages.
More than a third of skilled blue-collar workers such as carpenters and mechanics use basic algebra on the job; 29 percent use geometry and trigonometry.
5 percent of all workers use calculus; skilled trades workers, managers, and technical professionals use it the most.
Math skills are clearly important in many careers, most notably the science, technology, and engineering professions. But such skills also feature prominently in some careers that may not seem like a natural end point for someone with a math degree. Video game developer and computer animator are just two examples of less-obvious jobs that actually use calculus, for instance.
A major in mathematics is a springboard to a wide range of rewarding careers. Whether you focus on theoretical mathematics or applied math, the analytical and quantitative skills you develop in a math program are valuable assets that many employers need. Take a look at some of the types of organizations that hire math majors:
Government agencies and academic research institutes
Engineering firms
Biomedical and health services companies
Insurance agencies
Real estate firms
Medical device manufacturers
Airlines and other transportation service providers
Financial institutions
A lot of math majors spend time looking into how to work for Google or other high-profile companies. After all, such organizations frequently offer great pay and generous, distinctive benefits. But it's worth keeping in mind that many small companies also offer outstanding salaries and perks to those with well-developed problem-solving skills.
Updated
Whitney’s Answer
While there is a variety of jobs you could hold in the accounting field, overall accounting jobs offer good benefits. Many accounting firms offer very competitive vacation packages, student loan paydown programs, medical benefits, and flexibility. Many firms have lengthy benefits policies, so it is definitely worth researching and comparing the benefits programs at prospective employers!