A new survey reports that 47 percent of women in accounting and finance are satisfied with their careers and only 19 percent believe they are equally compensated for their work.
The survey, released by The Mergis Group, a professional placement firm, polled 353 working adults ages 20 and older. It found that women are less satisfied with the progression of their accounting and finance careers than men. Specifically, 60 percent of male workers in accounting and finance consider themselves to be satisfied, as opposed to 47 percent of women.
The women in the survey ranked being challenged (31 percent), compensation (25 percent) and flexibility (15 percent) as the most important factors in career satisfaction. Men, however, ranked compensation (32 percent), being challenged (26 percent) and flexibility (15 percent) as the most important factors to their career satisfaction.
While only 19 percent of women surveyed believe they are equally compensated for their work as compared to their male counterparts, 52 percent of the surveys men reported this to be true.
And not surprisingly, when asked if female accounting and finance workers face a different set of career challenges compared to male counterparts, 73 percent of women agreed, while a much smaller percentage of men agreed 35 percent.
Additionally, half of the women surveyed believe the accounting and finance profession do not have enough role models in the field, as compared to 31 percent of men.