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Workplace Stress Can Be Positive Say Accountants
- By Chief Editor
- Published 10 Sep 2007
- Employment and Jobs
- Unrated
A survey of over 120 finance professionals has found that 72% feel that their job is becoming more stressful. However almost half of those felt that stress was not necessarily a negative issue.
The poll, carried out for specialist finance recruiter Elements also upheld claims by accountants that they work long hours. 82% of respondents were working more than a ‘standard’ 40 hour week and 30% were working 45 hours or longer. In addition, nearly a fifth undertook extra work at home more than once per week. As one finance professional put it, “Advances in technology have given us the power to access the office from almost anywhere in the world – at any time of day - but it also means accepting that you are accessible 24/7 as well."
However, despite the pressures on their time, over half of those who felt that their jobs were becoming more stressful, believed that the rewards on offer made sacrifices worthwhile. As one accountant put it, “You don’t get success handed to you on a plate in this world – finance professi
onals may be in high demand but if you want to reach the top you have accept that a certain amount of stress is going to be part of your life.”
Interestingly, when asked whether stress had a negative impact on their life almost half (48%) felt that this was not the case. “We all have to accept that some amount of stress in our lives is a normal daily occurrence and not a pathological condition”, said one respondent, “Many people, thrive on the surge of adrenalin which a certain amount of pressure and challenge can provide”, said another.
“There’s little doubt that accountancy is a more demanding environment today than it ever has been,” says Paul Bibby, Managing Director of Elements “Events such as the Enron scandal and the ensuing emphasis on corporate governance issues, not to mention the recent volatility in the financial markets have put increasing pressures upon finance professionals.
Today’s accountants need to be highly proficient technically and, at the same time, demonstrate a whole range of wider commercial skills if they are to deliver everything that’s asked of them.”
The poll, carried out for specialist finance recruiter Elements also upheld claims by accountants that they work long hours. 82% of respondents were working more than a ‘standard’ 40 hour week and 30% were working 45 hours or longer. In addition, nearly a fifth undertook extra work at home more than once per week. As one finance professional put it, “Advances in technology have given us the power to access the office from almost anywhere in the world – at any time of day - but it also means accepting that you are accessible 24/7 as well."
However, despite the pressures on their time, over half of those who felt that their jobs were becoming more stressful, believed that the rewards on offer made sacrifices worthwhile. As one accountant put it, “You don’t get success handed to you on a plate in this world – finance professi
Interestingly, when asked whether stress had a negative impact on their life almost half (48%) felt that this was not the case. “We all have to accept that some amount of stress in our lives is a normal daily occurrence and not a pathological condition”, said one respondent, “Many people, thrive on the surge of adrenalin which a certain amount of pressure and challenge can provide”, said another.
“There’s little doubt that accountancy is a more demanding environment today than it ever has been,” says Paul Bibby, Managing Director of Elements “Events such as the Enron scandal and the ensuing emphasis on corporate governance issues, not to mention the recent volatility in the financial markets have put increasing pressures upon finance professionals.
Today’s accountants need to be highly proficient technically and, at the same time, demonstrate a whole range of wider commercial skills if they are to deliver everything that’s asked of them.”