Survey Says Half of All Accountants Looking for New Jobs

Steven Bobson, Europe & Americas Editor
September 17, 2010 /

According to a survey by CareersInAudit.com, half of the accountants are looking for new jobs and more are set to leave in the next 6 to 12 months. Accounting firms and in-house accounting departments certainly need to do a lot more than what they are doing at the present in order to retain their accounting staff.

The survey polled 606 accountants. It shows that more than half of those polled were actively looking for a new job. The next 6 to 12 months could see that figure rise to three quarters of all accountants.

38% of the poll respondents, that is nearly 4 out of 10, feel that the recession was responsible for them missing out on a promotion and that they were now eager to do something about it.

77 of the respondents, that is, more than three quarters, said that they wished that the company they were working for could do more for their career development. Nearly half of them said that better training and support could improve this.

59% of the respondents agreed when asked whether they were networking regularly (twice a week) and a third of that number said that they were making new contacts everyday. 46% said that their main reason for networking was to find a new job.

The survey also found that 8 of 10 accountants have no problems moving abroad for better pay and achieving a better work-life balance. The first choice is Western Europe with the Middle East coming as a close second.

42% of the respondents feel that this is a good time to ask for a raise than 2009.

Around a fifth of the respondents polled said that they had plans to quit the profession for good, either for changing their career or for setting up their own business.

 

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