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August 30, 2007

Paying the piper

A new global study by Robert Half International has found that worldwide, financial professionals are working more hours per week than they were just two years ago. The amount of time put in per week varies by country. In the United States, financial professionals work an average of 40.9 hours per week, more than the French, but less than Germany, Italy and Japan. The survey found that 45 percent of American respondents said they worked more now than two years ago. Of those, 66 percent said they work five to 15 additional hours per week. Close to 40 percent of Americans bring their laptops or PDAs on vacation, compared to only 16 percent in Ireland. The three most popular reasons for taking on an increased workload were taking on more responsibility, company growth and understaffing.

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