Salt Lake City CFOs Reveal Hiring Plans For Next Six Months

Robert Half Survey Finds 93 Percent of Salt Lake City Companies Optimistic About Business Growth

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Sep 07, 2016, 08:10 ET

SALT LAKE CITY, Sept. 7, 2016 /PRNewswire/ -- Salt Lake City executives expect professional-level hiring to increase in the next six months, according to the just-released Salt Lake City Professional Employment Forecast from Robert Half. Sixteen percent of local CFOs anticipate their company will create new jobs. Another 67 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:

View an infographic featuring the survey results.

	Sept. 2016 – Feb. 2017	March 2016 – Aug. 2016
Expanding – adding new positions	16%	15%
Maintaining – only filling vacated positions	67%	73%
Freezing – not filling vacated positions or creating new ones	14%	10%
Reducing – eliminating positions	3%	2%

Recruiting Challenges

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

Salt Lake City executives (51 percent) also said finding skilled workers is their greatest staffing challenge.

"What's great about our city is that we have a very diverse business landscape, and we continue to attract more companies, both large and small, to the area," said Damian Garcia, regional vice president of Robert Half in Salt Lake City. "Hiring continues to expand in a number of sectors, including healthcare, technology, education and financial services. We have a strong job market, and the best candidates often have their pick of opportunities, so employers should get ahead of the game and come to market with competitive and attractive offers."

Business Confidence

According to the Professional Employment Forecast, Salt Lake City 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 Salt Lake City 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/salt-lake-city.

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SOURCE Robert Half