Cleveland/Akron/Canton CFOs Report Fourth-Quarter Hiring Plans

        Cleveland/Akron/Canton CFOs Report Fourth-Quarter Hiring Plans

Survey Finds 9 in 10 Companies Optimistic About Business Growth During Quarter

PR Newswire

CLEVELAND, Sept. 16, 2013

CLEVELAND, Sept. 16, 2013 /PRNewswire/ --Nine percent of chief financial
officers (CFOs) in the Cleveland/Akron/Canton area expect to add new
professional-level positions in the fourth quarter, according to the Cleveland
Professional Employment Forecast from Robert Half. Eleven percent of
respondents will not be hiring, even to fill an open position, and 3 percent
plan to reduce staff levels. Another 76 percent said they will hire for roles
that open during the next three months.

Most executives are optimistic about their business prospects for the fourth
quarter. Nine in 10 (92 percent) CFOs expressed confidence in their companies'
growth potential for the quarter, with 40 percent of respondents saying they
are very confident.

The survey suggests, however, that organizations looking to expand and add
staff may face difficulties. More than six in 10 (62 percent) CFOs surveyed
said it is at least somewhat challenging to find skilled candidates for
professional-level positions today.

"Companies continue to seek entry-level accountants, with the greatest demand
in the manufacturing and professional services industries," said Chuck Cave,
senior regional vice president for Robert Half in Cleveland. "This increase in
hiring is creating a challenging recruiting environment for businesses looking
to fill their accounting roles quickly."

The Professional Employment Forecast was developed by Robert Half, the world's
first and largest specialized staffing firm, and conducted by an independent
research firm. The local results reflect a two-quarter rolling average based
on interviews with 200 CFOs from a stratified random sample of companies in
the Cleveland/Akron/Canton area with 20 or more employees.

CFOs were asked, "What are your company's hiring plans for full-time
professional-level employees in the fourth quarter?" Their responses:

                                             Fourth Quarter Third Quarter
Expanding – adding new positions             9%             9%
Maintaining – only filling vacated positions 76%            70%
Freezing – not filling vacated positions or
                                             11%            16%
creating new ones
Reducing – eliminating positions             3%             4%
Don't know/no answer                         1%             1%
                                             100%           100%

Founded in 1948, Robert Half is the world's first and largest specialized
staffing firm. Find more information at www.roberthalf.com.

Note to editors: To speak with a local expert on employment trends in the
Cleveland/Akron/Canton area, please contact Lisa Montagna at (727) 576-7717.

SOURCE Robert Half International Inc.

Website: http://www.roberthalf.com
Contact: Lisa Montagna , (727) 576-7717, lisa.montagna@rhi.com
 
Press spacebar to pause and continue. Press esc to stop.