The Hudson Employment Index for accounting and finance workers revealed that:
The 102.4 level from June marks the first time the composite Index is lower than for the same period during the previous year. For three consecutive months, workers have increasingly described their finances negatively, with 43 percent believing their financial situation is getting worse, a four point increase since March. The number of workers describing their finances as poor rose to 18 percent in June as well. Workers at companies having more than 500 employees were significantly more optimistic in June than in May. Improved perceptions of personal finance, heightened job security and increased job satisfaction all contributed to the rise in confidence for this group. “Larger organizations are less likely to be affected by the current softening in the economy,” Steve Wolfe, executive vice president, Hudson, North America, said in a prepared statement. “These employers can leverage their resources to financially help their employees by offering perks such as higher mileage reimbursement, flexible work arrangements and carpools.” The Hudson Employment Index is based on monthly telephone surveys with approximately 9,000 U.S. workers. The Index tracks aggregate employment trends regarding career opportunities, hiring intentions, job satisfaction and retention. The data is compiled each month by Rasmussen Reports, LLC, an independent research firm. Previous coverage of the Hudson Employment Index includes: Fewer Plans to Hire Leaves Accounting Professionals Feeling Less Confident Accounting and Finance Workers Show More Confidence in April Confidence Slips Among Accounting and Finance Professionals and Accounting Professional Confidence & Hiring Projections Increase Slightly. AccountingWEB.com Jul-7-2006 Categories: Human Resources, Accounting (General), Accounting Firms, Surveys, Trends, Lite_News Times read: 2814
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