2010 Vault Accounting Survey: Satisfaction, Comp and Hours

by Derek Loosvelt | September 01, 2010

We're two weeks away from releasing our 2011 Top 50 Accounting Firms rankings, based on the results of our annual accounting survey in which we ask accounting professionals across North America to rate their own firms in terms of several quality of life categories, and to rate other firms in terms of prestige.

This year, a record number of accountants replied to our survey: more than 2,000 accounting professionals responded. As part of the survey, these professionals were asked to rate their overall job satisfaction on a scale of 1 to 10 (with 10 being entirely fulfilled and 1 being completely unsatisfied). Vault also asked respondents to rate their treatment by managers on a scale of 1 to 10 (with 10 being very respectful and 1 being very disrespectful). Additionally, professionals rated their hours and compensation on a scale of 1 to 10.

Below, you'll find a preview of the results culled from the answers to these questions (and remember: stay tuned for all of the results, including the new Vault Accounting 50, forthcoming in two weeks).

Overall Satisfaction


All Respondents
Average score on a scale of 1 to 10 (where 1 is completely unsatisfied and 10 is completely satisfied) that respondents give to their overall job satisfaction: 7.39


Men vs. Women

On average, MEN (7.52) are more satisfied than WOMEN (7.31) with their accounting jobs.


Audit vs. Tax
On average, TAX staff (7.50) are more satisfied than AUDIT staff (7.26) with their accounting jobs.


Manager Relations


All Respondents
Average score on a scale of 1 to 10 (where 1 is completely unsatisfied and 10 is completely satisfied) that respondents give to their treatment by managers: 8.13

Men vs. Women

On average, MEN (8.22) receive better treatment by managers than WOMEN (8.08) do.

Audit vs. Tax
On average, TAX staff (8.13) receive equal treatment by managers as AUDIT staff (8.13).


Hours

All Respondents
Average score on a scale of 1 to 10 (where 1 is completely unsatisfied and 10 is completely satisfied) that respondents give to the number of hours they work: 6.77

Men vs. Women
On average, MEN (6.86) are happier than WOMEN (6.73) with the number of hours they work.

Audit vs. Tax
On average, TAX staff (6.75) are happier than AUDIT staff (6.54) with the number of hours they work.


Compensation

All Respondents
Average score on a scale of 1 to 10 (where 1 is inadequate and 10 is extremely generous) that respondents give to their compensation: 6.47
 

Men vs. Women
On average, MEN (6.94) are more satisfied than WOMEN (6.72) with their overall compensation.

Audit vs. Tax
On average, TAX staff (6.43) are happier than AUDIT staff (6.37) with their overall compensation.

Filed Under: Finance


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