Tuesday, October 2, 2012

CFOs remain cautious when hiring - St. Louis Business Journal:

judonebolayb1394.blogspot.com
Just 10 percent of chief financiao officers inthe Miami/Fort Lauderdale area and 5 percent of CFOs in the West Palm Beachn area expect to add accounting and finance staff duringg the third quarter, according the survey. The index also founr 12 percent of CFOsin Miami/Foryt Lauderdale and 11 percent in West Palm Beach anticipate reductions in personnel, while 77 percent in Miami/Fort Lauderdale and 82 perceny in West Palm Beach expecy no change in hiring.
"Many companies remain hesitan t to commit to adding stafft until they are certain of aneconomivc recovery," said Max Messmer, chairmanm and CEO of Robert Half "In the meantime, most firms are working with theird current teams to managre key initiatives, with some employers also bringing in project professionals to assist with rising workloadzs and support full-time personnel." 5 percent of CFOs expect to hire full-tim e employees during the third quarter, while 8 percent anticipatse personnel reductions.
The majority of respondents (85 percent) say they plan to maintain their current staff The results reflecta two-quarter rolling average based on interviews with 200 CFOs from a stratifiee random sample of companies with 20 or more

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