Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Accounting, Finance Staff Still in Demand, Bonuses Intact

Tammy Whitehouse | May 1, 2009

Despite heavy job losses in certain sectors, accountants and finance professions are still in demand, and their pay is fairly steady. The nature of the job is changing, though, focusing more on cost-cutting and risk avoidance.

According to staffing firm Ajilon Finance, accounting and bookkeeping in general added 1,600 new jobs to the U.S. economy in March while most other professions reported job losses. In a recent survey of 600 accounting and finance professionals, 75 percent said the economic crisis has changed their day-to-day jobs with an intensified focus on cost-cutting, risk assessment, general financial advice, and regulatory issues.

Almost half said job prospects for finance and accounting professionals are no worse and perhaps even better than before the crisis, said Ajilon. Now more than ever, companies need...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.