Monster.com Survey Reveals Finance and Accounting Workersare 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. -- June 25, 2013
Monster.com, the worldwide leader in successfully connecting people to job
opportunities and flagship brand of Monster Worldwide, Inc. (NYSE: 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
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 Occupations^1
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. (NYSE:MWW),is the global leader in successfully
connecting job opportunities and people. Monster uses the world's most
advanced technology to help peopleFind Better, matching job seekers to
opportunities via digital, social and mobile solutions includingmonster.com®,
our flagshipwebsite, and employers to the best talentusing 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
Photos/Multimedia Gallery Available:
Kristen Andrews, 978-461-8089
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