SELF-TAUGHT; Few Firms Assign Mentors to New Staff, Survey Shows

MENLO PARK, Calif., May 16 /PRNewswire/ -- Entry-level accounting and finance professionals may need to take it upon themselves to find someone to help them up the career ladder, a new survey suggests. A majority (58 percent) of chief financial officers (CFOs) polled recently said it's uncommon for new hires to be matched with mentors, either formally or informally, within their organizations.

The survey was developed by Accountemps, the world's first and largest specialized staffing service for temporary accounting, finance and bookkeeping professionals. It was conducted by an independent research firm and includes responses from more than 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees.

    CFOs were asked, "How common is it for you to assign mentors, either
formally or informally, to entry-level employees within your accounting and
finance departments?"  Their responses:

    Very common                          13%
    Somewhat common                      25%
    Not at all common                    58%
    Don't know                            4%

"Mentoring is a valuable way to transfer wisdom, foster talent and promote best practices within a company," said Max Messmer, chairman of Accountemps and author of Motivating Employees For Dummies(R) (John Wiley & Sons, Inc.). "The faster a business can help new employees get up to speed, the more quickly these professionals can begin contributing."

Messmer added, "A confidant also is useful for explaining aspects of an organization that are sometimes not obvious to a newcomer. Mentors can provide insight into the prevailing culture of a company, including the preferred modes of communication and other often-unspoken rules."

Accountemps has more than 350 offices throughout North America, Europe and the Asia-Pacific region, and offers online job search services at

Source: Accountemps

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