Not Enough Mentors

Not Enough Mentors

Source: CPA Trendlines

The following includes excerpts, reproduced with permission, from an article in CPA Trendlines.

The missing ingredient in staff success: Mentors.

Most women in accounting and finance are less than satisfied with their careers and only 19 percent believe they are equally compensated.

Furthermore, a survey released by Mergis Group reveals a crying need for more mentors within the profession, which speaks to deep issues of absent leadership and poor management.

Mentors Needed

  • Both men and women believe that having a mentor or role model is necessary for a successful career in accounting and finance, with 61 percent of women and 64 percent of men believing so.
  • However, two-thirds of both men and women said that they have not had or currently do not have a mentor to support them (68 percent of women and 66 percent of men).
  • Half of women (50 percent) believe the profession does not have enough role models in the field, compared to 31 percent of men.

“Women surveyed are dissatisfied with the progression of their careers and nearly three-quarters believe they face a separate set of professional challenges,” stated Patricia Dinunzio, regional managing director of The Mergis Group.

“One of the greatest take-aways from this survey is that there is a clear need for mentorship programs within the profession,” she said.

For the complete article, read “Career-Minded CPAs Say the Profession Lacks Good Role Models.”

From CPA Trendlines, http://cpatrendlines.com, January 1, 2011.