Denver CFOs Reveal Hiring Plans For Next Six Months

Robert Half Survey Finds 63 Percent of Denver Companies Face Recruiting Challenges

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Sep 07, 2016, 08:10 ET

DENVER, Sept. 7, 2016 /PRNewswire/ -- The just-released Denver Professional Employment Forecast from Robert Half shows 12 percent of Denver CFOs expect their company to create new jobs in the next six months. Another 74 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:

	Sept. 2016 – Feb. 2017*	March 2016 – Aug. 2016*
Expanding – adding new positions	12%	14%
Maintaining – only filling vacated positions	74%	76%
Freezing – not filling vacated positions or creating new ones	11%	8%
Reducing – eliminating positions	2%	1%

*Responses do not total 100 percent due to rounding.

View an infographic featuring the survey results.

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

Denver executives (33 percent) also cited maintaining employee morale and productivity as an additional challenge when hiring and managing staff.

"The Denver hiring market is robust, and as far as industry growth, it's really across the board," said Karen Policastro, senior regional vice president of Robert Half in Denver. "Companies are facing a shortage of skilled candidates and a very competitive market, which means they need to be ready to make an attractive offer, especially when hiring for positions that require specialized expertise."

Business Confidence
According to the Professional Employment Forecast, Denver CFOs are optimistic about their company's growth. Ninety-four 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 Denver 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/denver.

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SOURCE Robert Half