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CFDG says charity finance teams are working longer and harder

first_img Howard Lake | 19 April 2011 | News  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Charity Finance Group Finance Research / statistics CFDG says charity finance teams are working longer and harder Finance teams at charities are feeling the pressure of the economic downturn, according to the latest salary survey by the Charity Finance Directors’ Group (CFDG). Finance staff are working longer hours, they feel their work-life balance is getting worse and there is increasing pressure on staff, according to the survey undertaken by independent market research agency Critical Research, and supported by thankQ.The results show that 85% of respondents work longer than their contracted hours; over half without any compensation. Staff feel that their work-life balance has deteriorated in the past year. In 2010 76% rated their work-life balance as ‘excellent’ or ‘good’, and now a comparable proportion (72%) rate it as only ‘good’ or ‘average’.Caron Bradshaw, CFDG’s CEO, said: “Finance professionals are rolling up their sleeves and fighting for the survival of their charities. These results show they are absorbing the pressure and workload to maintain robust financial management during difficult times.’”The tougher working conditions could be the result of budget and staffing cuts. Over a third of organisations reported that the budget cuts and recession had affected their recruitment strategy in 2010, and 49% expect recruitment activity to be curtailed in 2011. Half of all organisations have also taken steps to reduce labour costs, primarily through redundancies or reduced working hours. However, so far, finance teams have been less affected by these measures, with only around a quarter (26%) taking steps to reduce the labour bill.www.cfdg.org.uklast_img read more