Finance and Accounting Employee Confidence Index Soars in Q2 as Macroeconomic Confidence Improves

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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 – Q2 2013 Survey Highlights:

Increasing Percentage of Finance and Accounting Workers Believe the Economy is Getting Stronger

  • Forty-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

  • Nearly a third (31%) of finance and accounting employees believe more jobs are available, rising eleven percentage points from the previous quarter.

Confidence in Ability to Find New Jobs Slips

  • Forty-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

  • Nearly 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 previous quarter.

To view the latest quarterly trends report, click here.

Source: The Mergis Group

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3 thoughts on “Finance and Accounting Employee Confidence Index Soars in Q2 as Macroeconomic Confidence Improves

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