The majority of companies dont plan to add more accounting and finance employees in the third quarter, according to a new survey.
Only 5 percent of the 1,400 CFOs in the U.S. polled by staffing company Robert Half expect to hire full-time employees in the third quarter, while 8 percent anticipate personnel reductions. Eighty-five percent of them say they plan to maintain their current staff levels.
Many companies remain hesitant to commit to adding staff until they are certain of an economic recovery," said Robert Half International chairman and CEO Max Messmer in a statement. "In the meantime, most firms are working with their current teams to manage key initiatives, with some employers also bringing in project professionals to assist with rising workloads and support full-time personnel."
Financial executives continue to report difficulty finding highly skilled professionals for certain functional areas. Twenty-six percent of CFOs said that accounting positions, such as senior and staff accountant posts, are the most difficult to fill, while 23 percent said that they have experienced the greatest challenges when hiring for audit roles.
