Hampshire: Accounting professionals in love-hate relationship with tech, says CV-Library

 

A new survey reveals that accounting professionals value technology in the workplace more than any other industry, but are also among the most concerned about technology advancements threatening their jobs.

CV-Library, the UK's largest independent job board, conducted the survey to determine how technology in the workplace is impacting the country’s professionals. Over 2,400 people responded across all sectors, revealing those working in accounting have the strongest love-hate relationship with technology. Key findings revealed:

95% of accounting professionals believe being tech-savvy makes them more employable, much higher than the national average of 86.2%.

The majority of accountants (85%) feel that access to and understanding of new technologies is essential to success, this figure drops to 74.5% across all industries.

Despite this, 35% of those working in accounting feel their job is threatened by technological advancements in the industry, while nationwide only 25% of employees fear automation.

Most accounting professionals (65%) believe they receive adequate access to workplace technology, which is marginally higher than the national average of 61.8%.

In addition to this, 75% of accounting professionals revealed that improved access to the latest technology in the workplace would make them feel more valued by their employer, showing a strong correlation between technology in the workplace and job satisfaction.

However, the statistics don’t all paint a rosy picture when it comes to the relationship accountants have with technology – they are among the most concerned about robots stealing their jobs and 40% feel that increased tech and connectively has a negative impact on their work-life balance.

“In an industry where technological advancements are revolutionising processes, it’s important that employers understand how introducing new technology will impact their workforce,” explained CV-Library founder and managing director profile of Lee Biggins.

“Our survey data highlights that access to the latest technology can help accounting organisations attract strong, tech-savvy candidates, which will ultimately help to support in employee retention. However as concerns around automation increase nationwide, responsibility falls on employers to reassure their workforce of job security whenever possible.”