28 May 2013

Accountant Job Satisfaction

While accounting may appear to be a career that lacks in overall employment satisfaction due to a perceived tediousness, there are studies and surveys that suggest that crunching numbers may be more fulfilling than individuals may speculate.

According to a U.S. News and World Report annual 100 Best Business Jobs of 2013 survey the top five jobs based on data provided by the U.S Bureau of Labor and Statistics (BLS) are:

1.  Market Research Analyst
2.  Financial Adviser
3.  Accountant
4.  Compliance Officer
5.  Bookkeeping, Accounting, & Audit Clerk

BLS data further shows that the median pay for accountants is around $61,690 (2010) or $29.66 per hour and that the number of accountant jobs in 2010 was 1,216,900. An employment change for 2010-2020 shows that an additional 190,700 are expected to be added for a total growth rate of 15.7 percent.

Are Accountants Relatively Satisfied with their Career?

Based on the BLS and US News information, one would believe that being an accountant is a very good career choice that pays well and offers stability and opportunities for growth. The role of the

accountant is important one, particularly after this country's recent flirtation with economic disaster and the need for the books and records of corporations, banks and governments to better reflect what is being done based on substantiated, not phantom, accounting methods and practices.

The existence of five big and four narrow traits determined the career satisfaction of an accountant. These traits (by "big" and "narrow") are:

Five Big Traits of Accountants

1.  Agreeableness/Teamwork
2.  Conscientiousness
3.  Emotional Stability
4.  Extraversion, and
5.  Openness

Four Narrow Traits of Accountants

1.  Assertiveness
2.  Customer-Service Orientation
3.  Optimism, and
4.  Work Drive

This suggests that the need for new accountants in light of the Bureau of Labor and Statistics projection of nearly 200,000 new accountants for the profession by 2020 requires recruiters to focus on those individuals in possession of the above traits.

Big Five Personality Traits as a Predictor of Accounting Career Satisfaction

Personality tests have been administered by human resources professional, such as the well-known Meyers-Briggs Type Indicator (MPTI) as a way to assess ability and determine if a candidate will fit in the work environment. The big five traits are an adaptation of standard personality tests applicable to the workplace. Of the five big traits, emotional stability, which relates to a person's emotional state on the job and their ability to adjust to their surroundings and function, especially when faced with stress and pressure, had the highest correlation to career satisfaction for accountants.

In addition to a high pay rate, accountants are also equipped with a steady employment rate that is expected to increase in the coming years. In an economy with an uncertain outlook, accountants and other similar positions are afforded job security rather than high unemployment rates. These factors, combined with personalities that function well under the conditions required for the position, are reasons that accountants have a high career satisfaction.

Ray Pilkington is a freelance writer based in Biloxi, Mississippi who concentrates his writing career on personal finance, taxation, tax reform, savings, economic development and other related topics; to learn more about taxation view the following information on R&R Income Tax.


finance-dissertations.htm said...

It's my first pay a visit to this blog post , I truly like your all blog post. I will bookmark your blog for future blog updates.

sadia sulaman said...

Thank you for this blog. That's all i can say..useful information shared... i am very happy to read this article.. thanks for giving us nice info. fantastic walk-through.http://www.theweddingpaperdivas.org |

http://www.bigeasyweddings.org |

http://www.indieweddings.org |

http://www.phillywedding.org |

http://www.tylerscottwedding.org |

http://www.tylerscottweddings.org |

http://www.liveweddingband.org |

http://www.weddingsamui.org |

http://www.wedding-bliss.org |

http://www.weddingfresno.org |

Guo Guo said...

kobe 9
fred perry polo shirts
coach outlet online
iphone 6 cases
air force one shoes
marc jacobs
ralph lauren outlet
prada outlet
salomon running shoes
oakley sunglasses
burberry outlet online
polo ralph lauren outlet
karen millen uk
tory burch flats
celine outlet online
nba jerseys
babyliss pro
mac cosmetics
beats by dre
louis vuitton outlet
true religion outlet
nike air max uk
ray ban sunglasses online
kate spade outlet
ray ban sunglasses uk
coach outlet
mcm handbags
replica watches
monster beats outlet
cheap oakley sunglasses
toms outlet
tory burch outlet
foamposite gold
fred perry sale
kobe shoes
nike roshe run
air jordan 6
louis vuitton

Wei Chen said...

oklahoma city thunder jerseys
north face outlet online
the north face outlet
prada sneakers
michael wilhoite jersey,y.a. tittle 49ers jersey,justin smith jersey,nike 49ers jersey
supra footwear
gucci outlet
wedding dresses
nike outlet store
hermes outlet
49ers jersey
true religion outlet
packers jerseys
cheap soccer jerseys
new orleans saints jerseys
chanel handbags
true religion sale
cardinals jersey
chris paul jersey
hermes bags
the north face outlet
seattle seahawks jerseys
blake griffin jersey
the north face jackets
christian louboutin sale
canada goose jackets

Ranveer Patil said...

Nice to see read that you have some knowledge about acne treatment cure...
Bookmyshow T20 Cricket World Cup Tickets Buy
ICC T20 World Cup 2016 Qualifier Venues Groups

Dong Dong said...

louboutin pas cher
pandora charms
michael kors handbags
michael kors uk
michael kors uk
sac longchamp pas cher
air jordan pas cher
nike outlet
moncler jackets
gucci outlet
louis vuitton
ralph lauren outlet
christian louboutin
ray bans
air force 1
tiffany jewelry
air jordans
rolex replica watches
ralph lauren uk
instyler max
michael kors outlet
louis vuitton handbags
burberry outlet
adidas trainers
cheap uggs boots
michael kors outlet
michael kors outlet
nike free runs
toms wedges
louis vuitton pas cher
north face jackets
true religion jeans
ugg boots
nike roshe run women
michael kors outlet
coach outlet
gucci belt
true religion outlet
cheap jordans
jordan retro 3

Amrish Singh said...

t20 world cup Live
phone in India
Hindi bollywood Song Lyrics
IPL t20 Streaming

Mary Green said...

You should get the most winning resume from the online writing masters to be hired for the desired job position. That's why you need a writing giant in this business, you can find him after checking the top 3 resume service companies reviews and seelcting the most appropriate one for you.

Rekha said...

Rocky Handsome Review
Rocky Handsome Box Office Collection
Rocky Handsome opening day collection
Rocky Handsome Movie Review
Rocky Handsome first day collection
Watch Rocky Handsome 1st day collection
Rocky Handsome Audience Response

Sarrainodu Review
Sarrainodu Box Office Collection
Sarrainodu Audio Launch Date
Sarrainodu Collections
Sarainodu Review
Sarrainodu Theaters List
Sarrainodu movie Review

Sarrainodu first day collection
Sarrainodu 1st day Box Office Collection
Sarrainodu Songs Release Date
Sarrainodu Audio Release Date
Watch Sarrainodu Audio Launch Live

Sarrainodu Review
Watch Sarainodu Audo Launch Live

Sarainodu Review
Sarainodu first day Collection

林东 said...

michael kors outlet clearance
michael kors outlet clearance
hollister clothing
true religion
vans sk8 hi
michael kors handbags
stephen curry shoes
ray bans
michael kors handbags
fitflops outlet
polo outlet
adidas nmd runner
skechers shoes
ray ban sunglasses discount
ray ban sunglasses discount
discount ray ban sunglasses
coach outlet online
dolce and gabbana outlet
adidas gazelle
coach outlet
air max 95
supra for sale
michael kors outlet clearance
michael kors outlet online
omega watches
kate spade outlet
coach outlet
nfl jerseys wholesale
hollister clothing
tiffany and co jewelry
converse trainers
cartier love bracelet
versace sunglasses
cheap jordan shoes
coach factory outlet
vans shoes

Rekha said...

good black Barber Shops near me
Barbershop near me
Barber Shop near me
Barber Shops near me
black Barber Shop near me
black Barber Shops near me
Barber Shop near me
Barber Shops near me
Barber Shops near me
best black Barber Shops near me
Barbershop near me
Barber Shop near me
good Barber Shops near me
black Barber Shop near me
black Barber Shops near me
Barber Shop near me
Barber Shops near me
Top Barber Shops near me
Best black Barber Shops near me
Barbershop near me
Barber Shop near me
Barber Shops near me
black Barber Shop near me
black Barber Shops near me
top Barber Shop near me

Rekha said...

Barbershop near me
black Barber Shop near me
Barber Shop near me
top Barber Shops near me
Barbershops near me
Barbershop near me
black Barber Shop near me
best black Barber Shops near me
Barber Shop near me
top Barber Shops near me
Barbershops near me
Barbershop near me
black Barber Shop near me
best black Barber Shops near me
Barber Shop near me
top Barber Shops near me

Larry Jordan said...

hairstyles For Men With Curly Hair
hairstyles For Curly Hair Men
hairstyles For Women Over 50
hairstyles For Older Women
hairstyles For Boys
haircuts For Boys
wedding hairstyles For Short Hair Women
wedding hairstyles For Short Hair
hairstyles For Women Over 60
hairstyles For Women
hairstyles For Men With Short hair
hairstyles For Men With Curly hair
medium length hairstyles For Wavy hair
medium length hairstyles For Curly Hair
african american hairstyles For Women
african american women hairstyles
hairstyles For Men With Long Hair
hairstyles For Men
hairstyles For Boys With Long hair
Long hair Hairstyles For Boys