Four-in-Ten Finance Workers Plan to Change Jobs this Year, CareerBuilder.com Survey Reveals
February 09 2005 - 9:01AM
PR Newswire (US)
Four-in-Ten Finance Workers Plan to Change Jobs this Year,
CareerBuilder.com Survey Reveals CHICAGO, Feb. 9 /PRNewswire/ --
Forty percent of finance workers are counting on a new job in 2005,
according to a recent survey by CareerBuilder.com, the nation's
largest online job network. Dissatisfied with pay, workload and
management, one-in-ten finance workers say they are looking for a
new job on a weekly basis. The survey, "2005 Outlook: Finance
Workers," was conducted from November 22, 2004 to December 2, 2004
of 100 workers in finance. Specializing in numbers, 48 percent of
finance workers say they are dissatisfied with the figures that
appear on their paychecks. Two-thirds state they did not receive a
bonus in 2004 and more than a third did not receive a raise. Of
those who did receive a bump in salary, 36 percent report an
increase of three percent or less. In light of new corporate
governance standards, 62 percent of finance workers indicated that
their workloads had increased in the last six months with one-half
describing their current workloads as too heavy. Nearly half spend
more than 40 hours a week at the office and state they do not look
forward to coming to work each day. "Financial Services added
159,000 jobs in the U.S. over the last year and finance workers are
feeling optimistic about their employment prospects in 2005," said
Arti Bedi, Finance Employment Expert at CareerBuilder.com.
"CareerBuilder.com sees more than one million job searches in
finance every month as workers seek out companies with more
stability and profitability and a reputation for valuing
employees." Some finance workers feel the leaders of their
organization are falling short in providing an overall positive
work experience. Twenty-nine percent say they are unhappy with the
performance of their corporate leaders and 27 percent are
dissatisfied with their boss or supervisor. Some finance workers
feel those in management are not being supportive of their career
progress. Three-in-ten finance workers report being overlooked for
promotion. Thirty-three percent say they are dissatisfied with the
opportunities for career advancement as their current employers and
28 percent feel there are not adequate development programs. For
more information on other CareerBuilder.com surveys, visit
http://www.careerbuilder.com/Share/AboutUs/pr/ . About the Survey
The new CareerBuilder.com survey, "2005 Outlook: Finance Workers,"
was conducted from November 22, 2004 to December 2, 2004 of 100
finance workers. To collect data for the survey, CareerBuilder.com
commissioned SurveySite to use an e-mail methodology whereby
individuals who are members of the SurveySite Web Panel were
randomly selected and approached by e-mail invitation to
participate in the online survey. The results of this survey are
accurate within +/- 9.95 percentage points (19 times out of 20).
About CareerBuilder.com CareerBuilder.com is the nation's leading
online job network with more than 15 million unique visitors and
over 600,000 jobs. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune
Company (NYSE:TRB), and Knight Ridder, Inc. (NYSE: KRI), the
company offers a vast online and print network to help job seekers
connect with employers. CareerBuilder.com powers the online career
centers for more than 450 partners that reach national, local,
industry, diversity and niche audiences. These include more than
130 newspapers and leading portals such as America Online and MSN.
More than 30,000 of the nation's top employers take advantage of
CareerBuilder.com's easy job postings, 10 million-plus resumes,
comprehensive screening tools and more. Millions of job seekers
visit the site every month to search for opportunities, sign up for
automatic email job alerts, and get advice on job hunting and
career management. For more information, visit
http://www.careerbuilder.com/ . Media Contact: CareerBuilder.com
Jennifer Sullivan (773) 527-1164 DATASOURCE: CareerBuilder.com
CONTACT: Jennifer Sullivan of CareerBuilder.com, +1-773-527-1164,
Web site: http://www.careerbuilder.com/
http://www.careerbuilder.com/Share/AboutUs/pr
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