Just 9% of Cleveland-Area CFOs Plan to Hire
CLEVELAND -- Just 9% of chief financial officers in the Cleveland/Akron/Canton region expect to add new professional-level positions in the fourth quarter, Robert Half, a human resources company, says.
In addition, 11% of will not be hiring, even to fill an open position, and 3% plan to reduce staff levels, Half’s Cleveland Professional Employment Forecast says based on a survey. Another 76% said they will hire for roles that open during the next three months.
Most executives are optimistic about their business prospects for the fourth quarter with 92% expressing confidence in their companies' growth potential for the quarter and 40% saying they are very confident.
The survey suggests, however, that organizations looking to expand and add staff could well face difficulties; 62% said it is at least somewhat challenging to find skilled candidates for professional-level positions. "Companies continue to seek entry-level accountants, with the greatest demand in the manufacturing and professional services industries," said Chuck Cave, senior regional vice president for Robert Half in Cleveland. "This increase in hiring is creating a challenging recruiting environment for businesses looking to fill their accounting roles quickly."
Published by The Business Journal, Youngstown, Ohio.
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