# CFDG says charity finance teams are working longer and harder

- Link: https://fundraising.co.uk/2011/04/19/cfdg-says-charity-finance-teams-are-working-longer-and-harder/
- Published: 2011-04-19T07:44:18+01:00
- Author: Howard Lake

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.’”

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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.uk

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