Miami CFOs Reveal Hiring Plans For Next Six Months

Robert Half Survey Finds Majority of Miami Companies Optimistic About Business Growth

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Sep 07, 2016, 08:00 ET

MIAMI, Sept. 7, 2016 /PRNewswire/ -- The just-released Professional Employment Forecast from Robert Half shows 21 percent of Miami CFOs expect their company to create new jobs in the next six months. Another 68 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:

Miami CFOs Reveal Hiring Plans for Next Six Months

	Sept. 2016 – Feb. 2017*	March 2016 – Aug. 2016
Expanding – adding new positions	21%	26%
Maintaining – only filling vacated positions	68%	57%
Freezing – not filling vacated positions or creating new ones	11%	14%
Reducing – eliminating positions	1%	3%

*Responses do not total 100 percent due to rounding.

View the attached infographic featuring the survey results.

Recruiting Challenges

Sixty-one percent of Miami CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today. This compares to 58 percent in the previous six months.

Miami executives (33 percent) also cited finding skilled workers as their greatest staffing challenge.

"There continues to be strong demand for highly skilled professionals in the South Florida market, fueled by companies expanding staff due to ongoing business growth," said Randy McDermott, metro market manager for Robert Half in South Florida. "For many positions, the demand is outpacing the supply, making the hiring environment quite challenging."

Business Confidence

According to the Professional Employment Forecast, Miami CFOs are optimistic about their company's growth. Ninety-three 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 Miami 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/miami-ft-lauderdale.

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SOURCE Robert Half