Confidence among accounting and finance workers drops slightly in Q1
Overall confidence among accounting and finance workers in the United States dipped 0.3 index points to 50.6 in the first quarter of 2010, according to the Accounting and Finance Employee Confidence Index and a recent survey commissioned by The Mergis Group, the professional placement division of SFN Group, Inc.
- Fifty-five percent of accounting and finance workers believe there are fewer jobs available, representing a 15-percentage point drop from the fourth quarter of 2009.
- Nearly one-third (32 percent) of accounting and finance workers are not confident in their ability to find a new job. This is an increase of 7 percentage points from the previous quarter.
- Fewer accounting and finance workers believe it is not likely they will lose their job in the next 12 months. Specifically, 64 percent of workers believe it is unlikely, versus 74 percent in the fourth quarter of 2009. This marks the lowest level in the history of the survey.
The Mergis Group is a professional placement firm that specializes in recruiting for positions in finance and accounting, engineering and manufacturing, sales and marketing, legal, and human resources. The firm provides recruiting services to Fortune 500 and small and mid-sized companies through its network of 35 offices nationally.
- Spring accounting grads fare better in hiring than their peers
- Intuit index: Wages, hours worked remain flat, supply of workers remains high
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.