Washington, D.C., CFOs Report Fourth-Quarter Hiring Plans
Survey Finds Majority of Companies Optimistic About Business Growth During
WASHINGTON, Sept. 16, 2013
WASHINGTON, Sept. 16, 2013 /PRNewswire/ -- Thirteen percent of chief financial
officers (CFOs) in the Washington, D.C., area expect to add new
professional-level positions in the fourth quarter, according to the
Washington, D.C., Professional Employment Forecast from Robert Half. Twelve
percent of respondents will not be hiring, even to fill an open position, and
2 percent plan to reduce staff levels. Another 70 percent said they will hire
for roles that open during the next three months.
Most executives are optimistic about their business prospects for the third
quarter. Nearly nine in 10 (89 percent) of CFOs expressed confidence in their
companies' growth potential for the quarter, with 44 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 half of the CFOs surveyed, 57 percent,
said it is at least somewhat challenging to find skilled candidates for
professional-level positions today.
"Private sector hiring remains particularly steady in our local market, most
notably within the healthcare and construction industries," said Josh Howarth,
regional vice president for Robert Half in Washington, D.C. "It is still
challenging for companies to identify and recruit top talent, especially in
the accounting, information technology, marketing and legal fields."
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 Washington, D.C., 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 13% 14%
Maintaining – only filling vacated positions 70% 68%
Freezing – not filling vacated positions or 12% 13%
creating new ones
Reducing – eliminating positions 2% 3%
Don't know/no answer 3% 2%
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
Washington, D.C., area, please contact Stephanie Sweet at (617) 330-1651.
SOURCE Robert Half International Inc.
Contact: Stephanie Sweet, (617) 330-1651, firstname.lastname@example.org
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