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EMPLOYMENT LEVELS WILL REMAIN FLAT OVER NEXT SIX MONTHS, SAY U.S. CORPORATE CONTROLLERS

 EMPLOYMENT LEVELS WILL REMAIN FLAT OVER NEXT SIX MONTHS,
 SAY U.S. CORPORATE CONTROLLERS
 MONTVALE, N.J., Nov. 12 /PRNewswire/ -- A majority of U.S. corporate controllers say their companies' employment levels will remain the same over the next six months, according to a survey released today by the Controllers Council of the Institute of Management Accountants (IMA).
 In the survey, IMA asked 3,200 members of its Controllers Council to predict their company's employment levels over the next six months in three areas: production line, management, and clerical/administrative.
 Controllers gave their production line area the most optimistic forecast, with 29 percent expecting employment levels to increase, 57 percent saying levels would remain unchanged, and only 14 percent indicating a decrease.
 Clerical/administrative rated second, with 13 percent saying employment levels would increase, 69 percent predicting levels would remain constant, and 18 percent expecting a decline.
 Management rated third, with only 9 percent predicting an increase, 75 percent saying levels would remain the same, and 16 percent saying employment levels would decrease.
 Comparing 1992 to 1991, members of IMA's Controllers Council provided a disheartening employment review. Thirty-six percent reported a decrease in employment levels, 29 percent said there had been an increase, and 35 percent said levels were unchanged compared to the year before.
 With 90,000 members, the IMA surveyed 3,200 members of its Controllers Council, the financial managers who are responsible for the budgets and forecasts of their companies.
 The survey was based on a 31 percent response rate and was conducted during the last week of October.
 Founded in 1919, IMA is the world's largest organization of management accountants and financial managers. IMA is based in Montvale, N.J.
 -0- 11/12/92
 /CONTACT: Daniel M. Hrisak of the Institute of Management Accountants, 201-573-6154 or 404-992-2187/ CO: Institute of Management Accountants ST: New Jersey IN: SU:


EA-BN -- AT005 -- 0048 11/12/92 09:34 EST
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Publication:PR Newswire
Date:Nov 12, 1992
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