CFOs Mixed on Allowing Workers to Earn CPE Credits During Business Hours

Employers want financial employees who are well informed on the latest regulations, business trends and best practices. but they are not always willing to let their teams pursue continuing professional education (CPE) opportunities on company time, according to a new survey from recruitment firm Robert Half Finance & Accounting.

The survey reports that only 26% of CFOs allow all employees to fulfill CPE requirements, which come from NASBA, while at work; another 24% say it depends on the employee. Half of firms rarely or never let any staff take classes during business hours.

“Businesses do themselves a disservice by prohibiting employees from taking CPE courses during company time,” says Robert Half senior executive director Paul McDonald. “Webinars, seminars and online courses, some as short as 10 minutes, allow professionals to earn the needed credits and help their employers by staying on the cutting edge of industry trends.”

McDonald added investing time in staff members’ ongoing education offers lasting benefits. “The better informed your employees are, the fewer technical, compliance and ethical mistakes they’re likely to make,” he says. “Moreover, a generous training program that includes allowing staff to obtain continuing education during work hours shows support for professional development and is a powerful recruitment and retention tool.”

Robert Half Finance & Accounting offers four tips for requesting to earn CPE credits during the workday:

  1. Be your own best advocate. Build a business case for how the company will benefit from the skills you acquire.
  2. Start small. If your boss frowns on continuing education during work hours, choose sessions that can be scheduled during your lunch hour.
  3. Emphasize the big picture. Let your boss know how CPE classes will enable you to bridge a gap in your department’s knowledge base.
  4. Evaluate different options. While some CPE courses are online and others in-person, offerings from providers, including professional organizations, are evolving.