Finance and Accounting Employee Confidence Index Soars in Q2 as Macroeconomic
BOSTON, Aug. 12, 2013
BOSTON, Aug. 12, 2013 /PRNewswire/ -- Confidence among U.S. finance and
accounting workers hit a high in the second quarter of the year, spiking
nearly 10 points from the previous quarter and reaching levels not seen since
before the recession. The current index score is the highest since Q3 2007.
According to The Mergis Group Finance and Accounting Employee Confidence
Index, employee outlook among finance and accounting workers on job security,
hovered 10 points above the national average.
Each quarter, The Mergis Group releases a quarterly Finance and Accounting
Confidence Index, which is conducted online by Harris Interactive and measures
overall confidence among U.S. finance and accounting workers. The study, which
surveyed 173 U.S. finance and accounting workers (ages 18 and older) in April,
May and June, 2013, also found that these workers' outlook on the economy is
brightening. In fact, finance and accounting employees believe that the
economy is getting stronger, rising 12 percentage points from the previous
quarter, to 42 percent. The Index encompasses employee attitudes and sentiment
around the economy, job market, job security, employers and in their ability
to find a new job.
"We are seeing a lot of movement in the finance and accounting space,
particularly in areas such as insurance underwriting and financial analysis,"
said Steve McMahan, President of Randstad Finance & Accounting, Randstad Human
Resources, Accountants International and The Mergis Group. "We've also seen a
major spike in transactional based accounting searches, technical accounting,
domestic tax, and audit searches at the analyst, accountant, and manager
Q2 2013 Survey Highlights:
Increasing Percentage of Finance and Accounting Workers Believe the Economy is
oForty-two percent of finance and accounting employees believe the economy
is getting stronger, rising 12 percentage points from the first quarter of
2013. The number of finance and accounting workers who believe the economy
is getting weaker took a steep, 16-percentage-point drop, from 32 percent
in Q1 2013 to 16 percent in Q2.
More Finance and Accounting Workers Believe More Jobs are Available
oNearly a third (31%) of finance and accounting employees believe more jobs
are available, rising eleven percentage points from the previous
Confidence in Ability to Find New Jobs Slips
oForty-two percent of finance and accounting workers are confident in their
ability to find a new job, slipping seven percentage points from the
previous quarter. Although, the number of workers who say they are not
confident that they could find a new job decreased by 11 percentage
points, from 26 percent to 15 percent.
Workers Ambivalent About Job Search
oNearly four in ten (38%) finance and accounting workers say they are
likely to look for a new job in the next 12 months, increasing just one
percentage point from the previous quarter. More than half (56%) say they
are not likely to job search, rising three percentage points from the
To view the latest quarterly trends report, click here.
This survey was conducted online within the United States by Harris
Interactive on behalf of The Mergis Group from April 1-3, May 7-9, and June
4-6, 2013, among 3,626 adults 18 and older, of which 173 are employed in
finance and accounting. This online survey is not based on a probability
sample and therefore no estimate of theoretical sampling error can be
calculated. For complete survey methodology, including weighting variables,
please contact Lesly.firstname.lastname@example.org.
About The Mergis Group
The Mergis Group is a leading professional placement firm that specializes in
recruiting for positions in finance and accounting, manufacturing, sales and
marketing, legal and human resources. The firm provides recruiting services to
Fortune 500 and small and mid-sized companies through its network of 35
offices nationally.The Mergis Group is a now a part of Randstad. For more
information, please visit www.mergisgroup.com.
About Randstad US
Randstad US is a wholly owned subsidiary of Randstad Holding nv, a $22.0
billion global provider of HR services. As the third largest staffing
organization in the U.S., Randstad holds top positions in permanent placement,
office and administrative, IT and accounting and finance. From professional
services, commercial staffing, recruitment process outsourcing, to managed
services and more, Randstad delivers a comprehensive range of temporary,
temporary-to-hire, permanent placement and outsourced placement services. With
its 5,660 employment experts, Randstad puts an average of nearly 100,000
people to work in the U.S. each week, through its network of more than 900
branches and client-dedicated locations.
Learn more at www.randstad.com and access Randstad's panoramic U.S. thought
leadership knowledge center through its Workforce360 site that offers
valuable insight into the latest economic indicators and HR trends shaping the
world of work.
SOURCE The Mergis Group
Contact: Marie Difrancesco, (212) 798-9835, email@example.com;
Lesly Cardec, (954) 308-6302, firstname.lastname@example.org
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