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ACCOUNTANTS MORE PESSIMISTIC OVER JOBS THAN HR PEOPLE HIRING THEM

ACCOUNTANTS MORE PESSIMISTIC OVER JOBS THAN HR PEOPLE HIRING THEM

Accountants are far more concerned over the state of the jobs market than those people hiring them, according to accountancy recruiter Marks Sattin. 

On a scale of 10 (very optimistic) to -10 (very pessimistic) with 0 representing indifference, accountants scored -6.0.  The poll surveyed the view of 1,064 accountants across the UK.

The pessimism of accountants contrasted with the optimism of 63 HR departments who were surveyed concurrently.  HR professionals were far more confident about the future than accountants were, with a positive score of 2.4.

Dave Way, managing director of Marks Sattin said, “Accountants are far less confident about the future than those who are in charge of recruiting them.  This is for a number of reasons.  First, accountants have been bruised by a punishing recession.  The credit crisis hit banks and decimated the M&A activity on which accountancy and finance workers thrive.  Since 2007, accountants’ salaries have dropped 2.2% while national headcount has fallen 6.8%.  While some departments have seen rapid increases in remuneration and hiring, the industry as a whole still has some way to go to make up the lost ground since the bubble burst.”

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