San Diego CFOs Reveal Hiring Plans For Next Six Months

Robert Half Survey Finds 89 Percent of San Diego Companies Optimistic About Business Growth

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Sep 07, 2016, 08:11 ET

SAN DIEGO, Sept. 7, 2016 /PRNewswire/ -- The just-released San Diego Professional Employment Forecast from Robert Half shows 15 percent of San Diego 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:

	Sept. 2016 – Feb. 2017*	March 2016 – Aug. 2016
Expanding – adding new positions	15%	19%
Maintaining – only filling vacated positions	68%	65%
Freezing – not filling vacated positions or creating new ones	16%	14%
Reducing – eliminating positions	1%	1%
Don't know/no answer	1%	1%

*Responses do not total 100 percent due to rounding.

View an infographic featuring the survey results.

Recruiting Challenges
Fifty-six percent of San Diego CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today. This compares to 57 percent in our survey of the previous six months.

San Diego executives (36 percent) also cited maintaining employee morale and productivity as an additional challenge when hiring and managing staff.

"San Diego companies continue to be optimistic about their firm's growth, driving demand for top talent," said Brett Good, senior district president for Robert Half. "As a result, hiring managers must keep up with the most current pay rates so their compensation remains competitive. In addition, the top may be fielding multiple job offers, so it's critical to tender your own offer as soon as you make a hiring decision."

Business Confidence
According to the Professional Employment Forecast, San Diego CFOs are optimistic about their company's growth. Eighty-nine percent of executives reported being somewhat or very confident in their company's prospects in the next six months, up one point from six months ago.

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 San Diego 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/san-diego.

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SOURCE Robert Half