Accountants look favourably on job hopping

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Growing numbers of accountants are considering freelance and flexible working and are looking to change jobs more frequently, with job applications on the rise, according to data from online job board CV-Library

Its poll of 1200 professionals found that nearly three quarters (71.4%) of workers in the accounting sector believe that ‘job hopping’ has become more acceptable over the years. In addition, nearly half (47.2%) of accounting professionals believe it is acceptable to leave a job after less than a year.

Furthermore, the research found that the majority of workers in the accounting sector (44.4%) expect to have more than 10 jobs in their lifetime, with over one in 10 (14.3%) admitting that they think it is unrealistic for businesses to expect employees to stay with their company for more than two years.

Lee Biggins, founder and managing director of CV-Library, said: ‘Though some believe that job hopping is unprofessional, many workers across the accounting sector are seeing the benefits, with the majority agreeing that it is becoming more acceptable.

‘There are so many opportunities for professionals in the industry and the fact that job hopping is becoming increasingly popular suggests that this trend could continue to grow as the next generation enters the job market.’

When asked why they chose to leave their last job, the number one reason given by accounting professionals was that there was no room for progression in their existing role (16.7%). Following that, they were offered a better opportunity (14%) and 13.9% wanted to change fields completely. 

Applications for accounting jobs increased by 7.6% last month, up by 1.3% compared with June, while advertised job vacancies rose by 7.3% compared to the same period last year. 

Pat Sweet | Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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