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 sentiment.
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."