Boston CFOs Report Fourth-Quarter Hiring Plans
Survey Finds Majority of Companies Optimistic About Business Growth During
BOSTON, Sept. 16, 2013
BOSTON, Sept. 16, 2013 /PRNewswire/ --Fourteen percent of chief financial
officers (CFOs) in the Boston area expect to add new professional-level
positions in the fourth quarter, according to the Boston Professional
Employment Forecast from Robert Half. Twelve percent of respondents will not
be hiring, even to fill an open position, and another 74 percent said they
will hire for roles that open during the next three months. None of those
surveyed indicated that they plan to eliminate positions in the fourth
Most local executives are optimistic about their business prospects for the
fourth quarter. More than eight in 10 (84 percent) CFOs expressed confidence
in their companies' growth potential for the quarter, with 41 percent of
respondents saying they are very confident.
The survey suggests, however, that organizations looking to expand and add
staff may face difficulties. A majority of CFOs surveyed, 68 percent, said it
is at least somewhat challenging to find skilled candidates for
professional-level positions today.
"The overwhelming majority of Boston-area CFOs are optimistic about their
companies' growth prospects in the fourth quarter, and the fact that none of
those surveyed are planning to eliminate positions is even more encouraging
news," said Bill Driscoll, district president for Robert Half in Boston. "We
continue to see increasing demand for accounting and finance professionals,
particularly for positions that require specialized skill sets."
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 Boston 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 14% 12%
Maintaining – only filling vacated 74% 72%
Freezing – not filling vacated positions or 12% 15%
creating new ones
Reducing – eliminating positions 0% 1%
Don't know/no answer 0% 0%
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
Boston area, please contact Stephanie Sweet at (617) 330-1651.
SOURCE Robert Half International Inc.
Contact: Stephanie Sweet, (617) 330-1651, email@example.com
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