Survey Finds Companies Rewarding "Y2K Weekend" Staff

Posted by accountingweb on Sep 3 1999 234 printer friendly

Information systems professionals working the weekend of December 31 through January 2 can forget that New Year's party. In lieu of spirits and camaraderie, however, they may receive extra pay, compensatory time off, and other special privileges.

A new survey by William M. Mercer, Incorporated finds that almost half (47%) of the 272 companies surveyed have special rewards in store for those going the extra mile to keep Y2K problems at bay.

The survey, "Year 2000 Practices: Y2K Weekend," reports additional compensation packages range from 5% to 25% of base pay, with the average at 13%. Employers are throwing in edibles (49%), sleeping quarters (34%), and transportation (14%) as well.

To get a copy of the complete survey, call 800.333.3070.

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.

This Week on AccountingWEB

Russ Wilson of Moss Adams talks with us about the firm's collaboration with WWU in educating and developing talented accounting and business professionals.

Plante Moran CPAs Gordon Krater, Alicia Sturtevant, and Susan Perline spoke with AccountingWEB about the firm's Women in Leadership initiative.

Jeff Thomson, CMA, president and CEO of the IMA, talks with us about the 2013 jobs market for accounting professionals.

Todd Lisle of BKD LLP and Amy Welch of OSCPA share their stories of helping tornado victims in Moore, Oklahoma.