Study Reveals Growing Concern Over Longer Finance Work Weeks

Accounting and finance professionals have always composed the central players of any organization, but with the economy in a constant state of uncertainty, their roles are larger than ever before. This has resulted in heavier workloads, and chief financial officers are bearing the brunt of this increased responsibility. According to a recent survey by Accountemps, approximately 35 percent of CFOs across the nation list increasing workloads as one of their top concerns. Also seriously considered by CFOs are security, compliance, and workplace politics. 

While work is up for financial teams across the globes, American chief financial officers face more responsibilities than their international counterparts. The Chartered Institute of Management Accountants found that American CFOs work the longest hours, often averaging 50 hours a week. In comparison, South East Asian countries place second at 48-50 hours, and the global average is 45 weekly hours.

Of course, these long hours are richly compensated with benefits and high salaries, but the stress still remains for many CFOs. As financial executives continue assuming more responsibilities outside of their traditional accounting duties, it’s important for them to understand basic exercises for reducing stress on the job.

3 Relaxation Techniques to Reduce Stress in the Workplace

From negotiations with high-end clients to meetings with investors, CFOs face many tasks that are accompanied with incredible stress. To boost productivity and ease distraction, CFOs must be familiar with relaxation techniques that allow them to perform their best in the workplace – even during long, stressful hours. The most common techniques medically proven to reduce stress on the spot include:

  1. Looking around you for 30 seconds to a minute. While this might seem like an extremely simple exercise, this technique allows CFOs to escape the tunnel vision that accompanies a stressful task. Mindfulness of your surroundings promotes relaxation and reminds finance professionals of the bigger picture and the world around them.
  2. Deep breathing. Workplace stress often results in shallow breathing, which causes physical stress as well. Concentrating on deep breaths allows the body to relax and the mind to release unneeded tension. Again, though a simple technique, this exercise evokes incredible benefits.
  3. Showing gratitude. Whether it’s thanking a team member or intentionally being more positive, showing gratitude is scientifically proven to boost happiness.