A heightened sense of job satisfaction and security spurred an increase in worker confidence among accounting and finance professionals in June, according to the Hudson Employment Index.
The overall index for workers in the industry rose 2.8 points, to 110, though that reading is still three points lower than a year ago. The index measures employee confidence monthly in a survey of approximately 9,000 workers nationwide across all industries.
The index for accounting and finance workers also showed that:
- Compared to May, when 21 percent of workers were concerned about job loss, only 17 percent made that statement in June. This is the lowest number to make this claim since last October.
- Nearly three-quarters (74 percent) of the work force was happy with their job in June, up from 71 percent in May, and 70 percent in April.
- There was a three-point increase, to 24 percent, in the number of employees expecting their companies to lay off staff.
- Workers in the sector had mixed feelings about their finances in June. While the number of workers who described their finances as excellent rose, to 20 percent, the number of workers who rated their situation as poor also climbed, to 15 percent.
Previously on WebCPA:Hudson: Pay-Wise, Accounting Workers Relatively Happy (June 9, 2006)
Hudson Index: Worker Confidence Down Nationwide (June 1, 2006)
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