CFOs Fret over Team Workloads

June 20, 2008 ( - More than one in three (35%) chief financial officers (CFOs) interviewed cited heavy workloads as the number-one workplace concern for their financial teams.

A press release said the survey developed by Accountemps found other concerns cited by CFOs include:

  • Job security – 19%,
  • Corporate governance mandates/compliance issues – 17%,
  • Personnel issues (e.g., coworker conflicts, office politics) – 14%, and
  • Work/life balance issues – 11%.

“The combination of compliance mandates, traditional projects and shifting priorities has challenged accounting and finance professionals to keep up with their growing workloads,” said Max Messmer, chairman and CEO of Robert Half International, in the release. “The problem is further compounded by a shortage of highly skilled candidates in many specialties.”

Survey results were based on telephone interviews with more than 1,400 CFOs across the United States.