ONE-THIRD of young accountants work more than 50 hours per week, according to a survey of 600 accountants aged between 21 and 30
ONE-THIRD of young accountants work more than 50 hours per week, according to a survey of 600 accountants aged between 21 and 30. More than 50 per cent said they worked one day of the weekend or into the evening in the previous month. Of those that worked on a weekend or evening, almost a quarter were from Queensland, closely followed by young accountants in:
Western Australia 22%
Victoria 21%
New South Wales 16%
Despite the extra hours worked, only 20 per cent felt they had a poor work-life balance. Furthermore, men worked only slightly more hours per week (46) than women (44).
Source: Institute of Chartered Accountants
Bosses must do it by the book
THIRTY-THREE per cent of Australians have admitted they would dob in their bosses to the taxman if they were unethical when it came to doing the books. According to a survey of 1,246 workers, 29 per cent claimed they had worked for a company where the boss had been manipulating figures. A further 50 per cent said they had resigned as a result of unethical practices at work, while 37 per cent said they want an honest relationship with their clients and suppliers.
Source: Linkme.com.au
Lack of career development a problem for employees
SEVENTY-TWO per cent of employees leave organisations due to lack of career development. A survey of 500 Australian organisations found that only one-third of middle and senior managers have clearly defined career plans in place, while 99 per cent of senior HR managers said that having comprehensive career plans creates a better chance of retaining employees.
Source: Directioneering
Staff take care of business for boss
THIRTY-EIGHT per cent of Australian men believe they are their boss’ right hand man and carry out personal favours for them. A survey has found men have outdone their female counterparts in this area, with 32 per cent of women lending a hand when needed. Furthermore, 29 per cent of males said they were called upon to act as a counsellor and give relationship advice. When it comes to the boss’s day-to-day demands, other chores included managing car maintenance (16 per cent), helping with grocery shopping (9 per cent) and taking kids to and from school (8 per cent).
Source: Linkme.com.au
BI a must for executives
A survey of 386 senior executives found that 80 per cent of senior executives around the globe believe their organisation’s performance would improve if business intelligence (BI) data was disseminated more broadly. The survey also found that just 4 per cent of respondents are satisfied with their company’s data integration and analysis, however, executives identified a number of challenges when it comes to using BI data to improve operational performance:
Improper association of performance measures with business processes 34%
Inability to generate performance measures 27%
Lack of monitoring of key performance indicators 26%
Only 55 per cent of executives said their companies effectively assess progress towards performance goals, while 37 per cent believe their companies effectively change processes that fall short of those goals.
Source: Economist Intelligence Unit
Workers leaving sooner rather than later
MORE THAN 31 per cent of people expect to stay with their next employer for less than two years. According to a survey of 3,774 people, 27 per cent expect to stay for two to four years, and 41 per cent expect to stay for four years or more.
Source: Hays
