Worker confidence among accounting and finance professionals in November hit a record high for the year, as the Hudson Employment Index for the industry spiked 10 points, to 117.2.
In October, the firm had risen a single point, to 107.2. A year ago, the reading for the group was 108.8.
Better sentiments regarding personal finances, hiring expectations and job satisfaction spurred the increase.
The national index, which measures employee confidence monthly in a survey of approximately 9,000 workers across all industries, also rose nearly four points to 105.3.
The index for accounting and finance workers also revealed:
- A four-point increase, to 35 percent, of the number of workers expecting their company to hire compared to October;
- The number of workers rating their finances favorably rose to its highest number in the last nine months, increasing seven points from October, to 58 percent;
- The percent of workers who reported their finances were getting worse increased three points, to 37 percent; and,
- The number of workers who reported they were “happy” at work rose five points, to 77 percent.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access