Most financial executives plan to maintain their current accounting and finance staff levels in the fourth quarter, according to the Robert Half International Financial Hiring Index.
Eighty-four per cent of chief financial officers (CFOs) interviewed said they will take no hiring actions before the end of the year. Six per cent of respondents expect to add full-time employees while nine per cent foresee cutbacks. The net three per cent decrease is unchanged from last quarter.
Despite current unemployment levels, CFOs continue to report challenges finding highly skilled professionals for certain functional areas. Thirty per cent of financial executives said accounting positions are the most difficult to fill, while operational support roles was cited by 18 per cent of respondents.
In terms of hiring by company size, a net 13 per cent of businesses with 50-99 employees plan to add finance and accounting staff before the end of the year. This is sixteen points above the national average.
The Robert Half International Financial Hiring Index is based on telephone interviews with more than 270 CFOs across Canada. It was conducted by an independent research firm and developed by Robert Half International, the world's first and largest staffing services firm specializing in accounting and finance.
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