Photos from the Cable & Telecommunications Human Resources Association's annual Symposium and Awards Luncheon, held in Atlanta on May 2.
Working on the Weekend? Welcome to the Media Industry
You or someone you know might be a workaholic.
Media and entertainment executives are more likely to work outside regular business hours than professionals in most other industries -- and they’re more likely to be single.
That’s according to a global survey by Accenture released Friday about work/life balance issues.
The survey found that about 37% of M&E executives said they frequently work on holidays and weekends. That was higher than in any of the 26 other industry sectors Accenture surveyed. (Yeah, I’m posting this on a Sunday, but, you know, this is one of the fun parts of my job.)
More than a quarter (28%) of media and entertainment professionals said they frequently do work while on paid time off (i.e., vacation), with only executives in the medical products industry claiming a higher rate, at 33%.
Meanwhile, 31% of M&E types said they don’t have a significant other in their lives -- also the highest response rate among the sectors represented in the survey.
Interestingly, however, just 39% of media and entertainment industry execs consider themselves workaholics, which was in line with the average of 40% across all sectors.
The responses from 123 media and entertainment executives from midsize and large companies were part of a larger Accenture survey of 4,100 professionals worldwide covering work/life balance issues.
The consulting firm released the study ahead of International Women’s Day, on March 8 this year, described as “a global day celebrating the economic, political and social achievements of women past, present and future.”
A key finding from Accenture's survey: 70% of both women and men believe they can have a successful career as well as a full life outside work but about 50% also said they cannot “have it all at the same time.”
Across all industries, achieving work/life balance was the No. 1 choice for how people define career success, with 56% of respondents citing it (multiple choices were allowed). For M&E executives work/life balance also was at the top, though in this group 47% picked it. By comparison, 46% of those surveyed overall said "money" was in their definition of success, versus 42% of those in media and entertainment.
People have mixed feelings about how technology -- remote access to email, for example -- affects work/life balance. While 78% agreed technology enables them to be more flexible with their schedules, 70% said it “brings work into their personal lives.”
Other survey results for the media and entertainment segment:
- Nearly half (49%) cited as the biggest source of stress their “workload/volume”; 42% cited deadlines; and 24% blamed their boss.
- 59% of M&E execs cited “poor company culture” as how they would describe a bad working environment; 57% said “feeling your work goes unnoticed” and the same percentage cited “uncertain company ethics.”
- 54% of media and entertainment executives said “more money” would make them feel more successful in their careers, while 41% said the “ability to have a social impact/make a difference” would make them feel more successful. Another 26% want a “job with more status.”
Accenture conducted the online survey in November 2012; the margin of error for the total sample was about 2%. A full report on the Accenture research is available at www.accenture.com/iwd.
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