Thirty-Two Percent of Accounting/Finance Workers Plan to Leave Their Jobs in 2006, CareerBuilder.com Survey Finds

CHICAGO, February 7, 2006 - Close to one-in-four accounting/finance workers say they are dissatisfied in their current positions and one-third say they plan to find a new job in 2006, according to a recent CareerBuilder.com survey. Workers cite dissatisfaction with pay, increased workloads and lack of career advancement as the leading factors influencing their decisions to look for new opportunities this year. The survey, “Job Forecast 2006 – Accounting/Finance,” was conducted from November 15, 2005 to December 6, 2005.

While accounting/finance workers may be experts in working with numbers, getting their paychecks to add up in their favor is proving frustrating for most. Approximately two-thirds did not receive a bonus last year, while 33 percent were not given a raise. Thirty-seven percent of accounting/finance workers say they are dissatisfied with pay altogether.

Workload increased for close to 60 percent of accounting/finance workers over the last six months; close to one-third now say they are unhappy with the balance between their work and home commitments. It is not surprising that more than half of accounting/finance workers say they are dissatisfied with their workload.

Accounting/finance workers also voiced concerns over the career advancement opportunities and training available from their current employers. When it comes to moving ahead, 29 percent of accounting/finance workers felt as though they were overlooked for promotions in the past and 35 percent are disappointed with the opportunities their jobs offer for advancement within the organization. Additionally, one-third of accounting/finance workers feel their employers could improve the training and professional development programs they offer.

“Financial services added 188,000 jobs in the United States in 2005, according to the Bureau of Labor Statistics,” said Arti Bedi, Finance Employment Expert at CareerBuilder.com. “CareerBuilder.com sees more than 4.5 million job searches in accounting/finance every month as workers seek out the new opportunities that will provide them with the benefits they desire.”

CareerBuilder.com offers accounting/finance employers multiple touch points to connect with potential employees. CareerBuilder.com powers the online career sites for more than 800 partners reaching national, local, industry, diversity and niche audiences.

Survey Methodology
The new CareerBuilder.com survey, "Job Forecast 2006 – Accounting/Finance," was conducted from November 15 to December 6, 2005. Methodology used to collect survey responses totalling more than 150 accounting/finance workers for this study involved selecting a random sample of comScore Networks panel members. These Web Panel members were approached via an e-mail invitation, which asked them to participate in a short online survey. The results of this survey are statistically accurate to within +/- 7.89 percentage points (19 times out of 20).

About CareerBuilder.com
CareerBuilder.com is the nation’s largest online job site with more than 20 million unique visitors and over 1 million 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 career centers for more than 800 partners that reach national, local, industry and niche audiences. These include more than 170 newspapers and leading portals such as America Online and MSN. More than 50,000 of the nation's top employers take advantage of CareerBuilder.com's easy job postings, 14 million-plus resumes, Diversity Channel and more. Millions of job seekers visit the site every month to search for opportunities by industry, location, company and job type, sign up for automatic email job alerts, and get advice on job hunting and career management. For more information about CareerBuilder.com products and services, visit www.careerbuilder.com

Media Contact:
Michael Erwin
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Michael.Erwin@CareerBuilder.com

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