Greater Phoenix Accounting & Finance Job Market Update – January 2025
As we settle into 2025, the Greater Phoenix Accounting & Finance job market continues to evolve. The local job market remains strong, but here’s what you should know to navigate the current landscape, whether hiring, job seeking, or staying informed.
ZipRecruiter Key Market Insights show shifts in workplace dynamics:
- Employee turnover has decreased from 215% in 2023 to 135% in 2024.
- Major layoffs have dramatically declined, with only 5% of companies reporting significant reductions in 2024 (down from 41% in 2020).
- 40% of companies maintain hybrid work arrangements, with 55% of these organizations in the office 3 days or more each week. We’re seeing similar patterns across the Greater Phoenix area, reflecting a broader return-to-office trend.
Gallup Employee Engagement Insights:
- Only 45% of employees clearly understand what’s expected of them at work – a record low.
- Just 30% feel connected to their company’s mission, down from 38% in 2021. This disconnect is particularly pronounced among younger employees, remote workers, and front-line teams.
- However, companies that address these challenges see remarkable results: clear expectations drive a 9% profit increase, while strong mission connection reduces turnover by 32% and boosts productivity by 15%.
- While hybrid policies and perks matter, the real key to engagement lies in fundamentals – crystal-clear expectations and meaningful purpose. It’s about helping people understand their role and see their impact in something bigger than themselves.
Local Market Pulse:
Our recent LinkedIn poll showed that 60% of respondents plan to explore new opportunities this year. (Note: The majority of participants were local Accounting & Finance professionals.)
Job Posting for Accounting / Financial Reporting in Phoenix January 2025
Note that our numbers focus on accounting positions in Phoenix. We eliminate recruiters and duplicate postings. If you do a general search for Accountants on LinkedIn, you will see well over 1,000 postings in the last 30 days. There is still a high demand for the talent available.
We also hear companies across the U.S. are looking to add staff this quarter.
Employment and Compensation Trends:
The unemployment rate for degreed professionals reached 2.4% in December 2025, gradually increasing from 2.1% over the year. While this represents a slight shift, it still indicates a highly competitive market for skilled talent.
ADP Insights show Compensation continues to evolve:
– Current employees are seeing 4.6% annual pay increases on average
– Job changers are securing 7.1% increases year-over-year
– For perspective, this is notably different from 2022, when job changes typically commanded 16% increases
– In the Phoenix market, senior accountant roles are increasingly commanding low six-figure salaries, reflecting continued strong local demand
Looking Ahead:
While national employment trends suggest some cooling, Phoenix’s Accounting & Finance sector remains robust. Competition for top talent continues to drive both compensation and workplace evolution. Whether you’re building your team or planning your next career move, understanding these trends is crucial for success in 2025.
We’re here to help you navigate the current job market and answer any questions you may have about hiring trends or opportunities.
Please reach out if you have any questions.
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About The Resource Link
For almost two decades, The Resource Link has strategically placed Accounting, Finance, & Human Resource talent with some of the best companies in Arizona! We consult with our hiring managers and candidates to dive into the best solutions and outcomes and we provide advice and feedback along the way. Don’t hesitate to reach out to us with any questions or just pick up the phone! We would love to hear from you to help you build the best team or find the best career.
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