CFOs Optimistic -- Just Not Hiring

The vast majority of chief financial officers surveyedrecently are optimistic about growth in the near future, but that doesn't meanthey're planning any hiring.

Eighty-four percent of the 1,400 CFOs surveyed for theRobert Half Financial Hiring Index are very or somewhat confident about theircompany's growth prospects over the next three months, but a similar number (83percent) do not expect to make changes to their personnel levels. Six percentplan to hire full-time accounting and finance employees, while 9 percent expectto make cuts.

CFOs in the West South Central region expect the mosthiring, with 12 percent expecting to add staff. "Companies in the WestSouth Central states report demand for accounting operations professionals whocan help them enure timely payment and collection of bills as business activitygains momentum," said Max Messmer, chairman and CEO of staffing companyRobert Half International, in a statement.

For more information on the report, including breakdownsby state and industry, visit the Robert Half site.

For reprint and licensing requests for this article, click here.
Recruiting
MORE FROM ACCOUNTING TODAY