Survey: CFOs Cite Heavy Workloads as Greatest Workplace Concern



    THE PURSUIT OF HAPPINESS

    TORONTO, June 19 /CNW/ - Today's accounting and finance professionals are
used to having a lot on their plates, but a new survey shows that growing
to-do lists could be taking their toll. More than one in four (26 per cent)
chief financial officers (CFOs) interviewed cited heavy workloads as the
number-one workplace concern for their financial teams. Work/life balance
ranked second with 24 per cent of the response.
    The survey was developed by Accountemps, the world's first and largest
specialized staffing service for temporary accounting, finance and bookkeeping
professionals, and conducted by an independent research firm. It was based on
telephone interviews with more than 270 CFOs across Canada.
    Executives were asked, "Which one of the following do you think is the
greatest source of work-related concerns for finance and accounting
professionals?" Their responses:

    
           Heavy workloads........................... 26%
           Work/life balance issues.................. 24%
           Corporate governance mandates/compliance
            issues................................... 14%
           Personnel issues (e.g., coworker
            conflicts, office politics).............. 10%
           Job security..............................  9%
           None of these.............................  4%
           Other/don't know.......................... 13%
                                                     ----
                                                     100%
    

    "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 and author of Human Resources Kit For Dummies(R),
2nd Edition (John Wiley & Sons, Inc.). "The problem is further compounded by a
shortage of highly skilled candidates in many specialties."
    Messmer continued, "Managers should closely monitor employees' workloads
to right any imbalances and maximize the productivity of the entire group.
This might include realigning responsibilities, reprioritizing assignments and
bringing in temporary support during peak activity periods."

    About the Survey

    The study was developed by Accountemps, the world's first and largest
specialized staffing service for temporary accounting, finance and bookkeeping
professionals. It was conducted by an independent research firm and is based
on more than 270 telephone interviews with CFOs from a random sample of
Canadian companies with 20 or more employees. For the study to be
statistically representative and ensure that companies from all segments are
represented, the sample was stratified by industry and number of employees.
The results were then weighted to reflect the proper proportions of the number
of employees within each industry.

    About Accountemps

    Accountemps has more than 360 offices worldwide and offers online job
search services at www.accountemps.com.

    EDITOR'S NOTE: To schedule an interview for local commentary in Montreal,
Toronto, Winnipeg, Calgary, Edmonton or Vancouver, please contact Jim Dimovski
at 416-365-9140, extension 62024.




For further information:

For further information: ACCOUNTEMPS Contact: Jim Dimovski, (416)
365-9140, jim.dimovski@rhi.com


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