Cincinnati CFOs Reveal Hiring Plans For Next Six Months

Robert Half Survey Finds 90 Percent of Cincinnati Companies Optimistic About Business Growth

News provided by

Sep 07, 2016, 08:10 ET

CINCINNATI, Sept. 7, 2016 /PRNewswire/ -- The just-released Cincinnati Professional Employment Forecast from Robert Half shows 13 percent of Cincinnati chief financial officers (CFOs) expect their company to create new jobs in the next six months. Another 71 percent plan to hire for open roles.

CFOs were asked, "What are your company's hiring plans for full-time, professional-level employees in the next six months?" Their responses:

Robert Half Professional Employment Forecast provides snapshot of Cincinnati hiring.

	Sept. 2016 – Feb. 2017	March 2016 – Aug. 2016
Expanding – adding new positions	13%	21%
Maintaining – only filling vacated positions	71%	65%
Freezing – not filling vacated positions or creating new ones	15%	13%
Reducing – eliminating positions	1%	1%

View an infographic featuring the survey results.

Recruiting Challenges

Sixty percent of Cincinnati CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today.

Cincinnati executives (40 percent) also said finding skilled workers is their greatest staffing challenge.

"Cincinnati continues to experience a very competitive hiring market with strong demand for skilled talent, especially for staff and senior accountant roles," said Maria Ebel, senior regional vice president for Robert Half in Cincinnati. "Much of the recent hiring is driven by organic growth and recent company acquisitions, particularly within the manufacturing, service, healthcare and real estate sectors. More companies are also realizing they need to provide competitive compensation, enhance benefits and improve speed to hire to attract top talent."

Business Confidence

According to the Professional Employment Forecast, Cincinnati CFOs are optimistic about their company's growth. Ninety percent of executives reported being somewhat or very confident in their company's prospects in the next six months.

About the Professional Employment Forecast

The Professional Employment Forecast was developed by Robert Half and conducted by an independent research firm. The local results reflect a two-period rolling average based on interviews with 200 CFOs from a stratified random sample of companies in the Cincinnati area with 20 or more employees. Executives were asked about their hiring and business outlook, including plans to add professional-level employees in areas such as accounting, finance, human resources, administrative, legal, marketing and information technology.

About Robert Half

Founded in 1948, Robert Half is the world's first and largest specialized staffing firm. The company, based in Menlo Park, California, has more than 340 staffing locations worldwide and offers job search and management tools at roberthalf.com. Additional insights on the latest hiring trends also can be found in the company's just-released 2017 Salary Guides. For more career and management insights, visit roberthalf.com/cincinnati.

Photo - http://photos.prnewswire.com/prnh/20160907/404804-INFO
Logo - http://photos.prnewswire.com/prnh/20160212/332877LOGO

SOURCE Robert Half