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CFOs not in hiring mood

A continued play-it-safe approach among CFOs nationwide is expected to keep a pall over the accounting and finance industry hiring outlook at least through September, according to a new report from Robert Half Financial.

The Menlo Park, Calif.-based research firm in a new survey found that 6 percent of surveyed CFOs plan to hire workers July through September, while 9 percent are planning to cut staff. More than four in five of the 1,400 executives surveyed, or 83 percent, said they aren’t making any changes to payroll next quarter.

The hiring outlook in the East North Central region, which includes Ohio and four other states, indicated even less activity on the horizon. Of the CFOs surveyed in the region, 3 percent say they plan to add workers, while 6 percent anticipate cuts and 89 percent don’t plan any changes.

While CFOs are largely taking no action in the coming months, Robert Half said that cautious approach comes with a growing optimism about their respective companies’ future growth. In the survey, 84 percent of CFOs said they’re somewhat or very confident in their firms’ growth prospects in the quarter.

Business First of Columbus

Lundi 14 Juin 2010

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