The role of ‘where’ in what A/P managers take home
December 4, 2009 by Jared BilskiPosted in: Benchmarking, Economy, In this week's e-newsletter, Latest news & views
If you’re an A/P manager located in the Pacific Southwest, chances are you’re doing pretty well for yourself.
At least according to IOMA’s Accounts Payable Compensation Report 2010 you are. The survey, which gathered responses from A/P pros all over the country, found that A/P managers in the Pacific Southwest (CA, NV and HI) have the highest average salary at $80,068.
That’s 18% higher than the $68,046 salary the survey listed as the national average.
The other regions that pay above the national average:
- New England
- Pacific Northwest
- Middle Southeast, and
- Middle Atlantic.
The lowest earning A/P managers (25% below the national average) are located in the Upper Mountain region, with an average salary of $51,333.
Other regions with A/P managers earning less than the national average:
- Lower Southeast
- Central Plains, and
- Great Lakes.
A little while back, we ran a story about a study on A/P directors’ salaries. Many CFODailyNews readers didn’t agree with the findings of the study.
We’re asking for your feedback once more. Do the average salaries of A/P managers seem about right? Let us know in the comments section.
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Tags: AP managers, Average salary, IOMA Accountas Payable Compensation Report 2010, Pacific Southwest
November 30th, 2009 at 5:51 pm
I think that sounds about right for an average because I know some are earning more than that while others are earning less depending on where they work.
December 3rd, 2009 at 1:10 pm
When you plot these figures against the cost of living, I suspect the salary differences don’t really translate into increased buying power. California and Hawaii are two of the most expensive states to live in. Saying that the salaries there are unusually high without taking cost of living into account is misleading.
December 8th, 2009 at 9:27 am
WOW!
I live in Alabama…Even with the cost of living, I would still be doing MUCH better in another region.