Administration July 9, 2005

Finance Pros Upbeat About Job Prospects

September 7, 2005 (PLANSPONSOR.com) - Life is apparently a bit rosier in the accounting and finance space as workers feel confident that jobs will be available and that they stand a good chance of getting hired for them.

Reported by

Fred Schneyer

A Spherion press release said the quarterly Spherion Accounting and Finance Employment Report found that almost a third (29%) of adult accounting and finance personnel believe that open positions are available – compared to 20% of adult US workers in general. Not only that but nearly seven in 10 (68%) of accounting and finance workers are confident in their ability to find a new job. That compares to 58% of all US workers.

“As companies continue to dedicate thousands of man hours and millions of dollars to meet compliance initiatives mandated by the Sarbanes-Oxley Act of 2002, the result is an incremental need for accounting and finance positions,” said Eric Archer, president of Spherion Professional Services, in the news release.

Other survey results include:

74% of adult accounting and finance workers feel it is unlikely that their jobs will be eliminated in the next 12 months, compared to 77% of US adult workers overall.
34% of adult workers in accounting and finance said they are likely to look for a new job in the next year, versus 39% of US adult workers.
74% of adult workers in accounting and finance positions feel confident in the future of their employer, compared to 62% of the overall US adult workforce.

Spherion is a Fort Lauderdale, Florida-based staffing agency.