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Essay / Research Paper Abstract
This 3-page paper examines salaries and job descriptions for accountants, stock brokers and financial analysts. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: D0_MTjobcomps.rtf
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Unformatted sample text from the term paper:
U.S. national average for the jobs of accountant, financial analyst and stockbroker. The statistics are listed below. Accountant Financial Analyst
Stock Broker Median $41,887 $47,700 $52,967 25th Percentile $37,769 $41,818 $47,184 75th Percentile $46,005 $53,582 $58,751 Total Cash Compensation (Median) $61,031 $69,723 $79,524 (Source: Salary.com)
In terms of which jobs paid more or less, the brokerage job paid the most, which was unsurprising.
This job involves sales, of a sort, and sales brings in direct revenue. If there was anything surprising about the results above, it was that accountants made so little, compared
to financial analysts. The difference probably lays in the job descriptions - while financial analysts are in charge of analyzing numbers and then putting their own interpretation on them so
investors can make rational choices, accountants mainly manipulate them. The degree requirements are slightly different as well - financial analysts typically go on to get MBAs, while accountants can do
their jobs with a bachelors degree and a major in accounting. The jobs do have different bonuses as a percentage of the
base salaries, with the stock brokers coming up with the highest bonuses. Stock brokers, of course, operate on commission, so it stands to reason that a bonus would be involved
here. Though bonuses might be put into accountants and financial analysts paychecks, this would be considered very rare. In terms of the
job descriptions, they are right on target - while the accountant prepares balance sheets and other financial statements (while relying on guidelines), and this job doesnt typically require any kind
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