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Many accountants jump ship

24 Aug 2007

Many accountants jump ship Students planning careers as accountants may be interested in the latest figures from the financial services sector.

According to new research, many accountants feel that leaving their present company would improve their future career chances.

The survey, by Robert Half Finance & Accounting and the Institute of Chartered Accountants in England and Wales (ICAEW), found that just 17 per cent of those currently working in the financial sector rated their own organisation highly in providing the best promotion opportunities.

The good news, however, is that career prospects in the sector as a whole look bright.

Some 42 per cent of respondents said they did have a clear career path - and that visible promotion opportunities were available to ensure job satisfaction.

Skilled accountancy applicants are seen as a valuable asset - and new graduates can afford to be fussy in choosing a firm which offers them the best career chances.

As reported by Milkround.com, Phil Sheridan, of Robert Half International, said: "In today's marketplace where skilled candidates are such a precious commodity, employers need to look carefully at what they are offering their existing members of staff in terms of career development and training.

"Today's finance professionals can now afford to be selective in who they choose to work for and are looking for clear career progression opportunities, salary advance and job satisfaction - and will look to move elsewhere if their current employer does not deliver.

"Organisations must not compromise when it comes to nurturing their talented finance professionals."

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