Monster.com Survey Reveals Finance and Accounting Workers are Most Satisfied with Jobs, More Confide
Monster.com Survey Reveals Finance and Accounting Workers are Most Satisfied with Jobs, More Confident about Future Prospects
Survey Respondents Indicate Employers Should Stop Pinching Pennies, Offer More Competitive Compensation to Keep Talent
MAYNARD, Mass.--(BUSINESS WIRE)-- Monster.com, the worldwide leader in successfully connecting people to job opportunities and flagship brand of Monster Worldwide, Inc. (NYS: MWW) , today released new survey results detailing workers' views within finance. This is the fourth significant finding of Monster's Workforce Talent survey of nearly 6,000 registered Monster users, covering general job market insight and sentiment.
Among Monster employed job seekers, engineers and finance professionals were the most satisfied among the pool of surveyed talent. More than one third (36%) of finance and accounting professionals expressed satisfaction with all aspects of their job. Within the finance and accounting industry Accountants, Management Analysts, Market Research Analysts and Marketing Specialists rank as the top three jobs in the profession with Human Resources Specialists and Loan Officers closing out the top five by volume of demand. Additionally, Monster data showed the largest finance and accounting job markets in New York, followed in succession by Chicago, Houston, Washington D.C. and Atlanta.
While survey respondents express high job satisfaction within the finance and accounting professions they also indicate confidence (80%) in the prospects of finding a new job in the industry. More so, nearly one half (43%) of respondents agree that there are more job openings now than there were a year ago; and 46% are willing to relocate for the right opportunity. Yet, some challenges remain, a clear majority (76%) agree that it is more challenging to find a job now than it was a year ago and that the job market is saturated with qualified finance talent. Interestingly, only one fifth (20%) agree that employers are willing to provide higher compensation.
"Employers need to be careful and not be penny wise and pound foolish," said Jeffrey Quinn, Vice President of Monster's Global Insights. "With 80% of Finance and Accounting employees positive about their prospects of finding a new job, and 80% believing compensation is not keeping up with this marketplace reality, employers need to strongly consider how to be competitive for the best talent."
Important to note, Monster.com receives a new finance related resume every 100 seconds and finance jobs are viewed more than 5.6 million times a month.
Finance and Accounting Occupations1
Top 10 Occupations:
2. Management Analysts
3. Market Research Analysts and Marketing Specialists
4. Human Resources Specialists
5. Loan Officers
6. Training and Development Specialists
7. Financial Analysts
9. Purchasing Agents, Except Wholesale, Retail, and Farm Products
10. Personal Financial Advisors
Top 10 Markets:
1. New York
4. Washington D.C.
6. San Francisco
7. Los Angeles
About the Survey
From the unique perspective of the job seeker, the Monster Workforce Talent survey captures the likeliness of those employed and unemployed to actively search for a job, the challenges they face in a search as well as motivating factors driving them to seek out a new job.
Monster's study "U.S. Workforce Talent" surveyed nearly 6,000 job seekers who are currently employed or desire employment in the next 12 months via an online survey. The study was designed to be inclusive of all Monster job seekers who have actively used their My Monster account over the past 3 years. The survey ran from January 14, 2013 to February 18, 2013.
About Monster Worldwide
Monster Worldwide, Inc. (NYS: MWW) , is the global leader in successfully connecting job opportunities and people. Monster uses the world's most advanced technology to help people Find Better, matching job seekers to opportunities via digital, social and mobile solutions including monster.com®, our flagship website, and employers to the best talent using a vast array of products and services. As an Internet pioneer, more than 200 million people have registered on the Monster Worldwide network. Today, with operations in more than 40 countries, Monster provides the broadest, most sophisticated job seeking, career management, recruitment and talent management capabilities globally. For more information visit about-monster.com.
1 By Volume, Monster Internal Data, Past 120 Days
Kristen Andrews, 978-461-8089
KEYWORDS: United States North America Massachusetts
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