Seattle/Tacoma CFOs Report Fourth-Quarter Hiring Plans
Survey Finds 9 in 10 Companies Optimistic About Business Growth During Quarter
SEATTLE and TACOMA, Wash., Sept. 16, 2013 /PRNewswire/ -- Seventeen percent of chief financial officers (CFOs) in the Seattle/Tacoma area expect to add new professional-level positions in the fourth quarter, according to the Seattle Professional Employment Forecast from Robert Half. Thirteen percent of respondents will not be hiring, even to fill an open position, and 3 percent plan to reduce staff levels. Another 67 percent said they will hire for roles that open during the next three months.
Most executives are optimistic about their business prospects for the fourth quarter. Nine in 10 (91 percent) CFOs expressed confidence in their companies' growth potential for the quarter, with 46 percent of respondents saying they are very confident.
The survey suggests, however, that organizations looking to expand and add staff may face difficulties. The majority of CFOs surveyed, 62 percent, said it is at least somewhat challenging to find skilled candidates for professional-level positions today.
"As the local economy continues to improve, companies in the Seattle/Tacoma area remain optimistic about hiring," said Josh Warborg, district president for Robert Half in Seattle. "In particular, businesses in the midst of financial and healthcare planning for the coming year are increasingly competing for candidates with specialized skill sets."
The Professional Employment Forecast was developed by Robert Half, the world's first and largest specialized staffing firm, and conducted by an independent research firm. The local results reflect a two-quarter rolling average based on interviews with 200 CFOs from a stratified random sample of companies in the Seattle/Tacoma area with 20 or more employees.
CFOs were asked, "What are your company's hiring plans for full-time professional-level employees in the fourth quarter?" Their responses:
Fourth Quarter |
Third Quarter |
|
Expanding – adding new positions |
17% |
19% |
Maintaining – only filling vacated positions |
67% |
64% |
Freezing – not filling vacated positions or creating new ones |
13% |
14% |
Reducing – eliminating positions |
3% |
2% |
Don't know/no answer |
1% |
0% |
101%* |
99%* |
|
*Responses do not total 100 percent due to rounding. |
Founded in 1948, Robert Half is the world's first and largest specialized staffing firm. Find more information at www.roberthalf.com.
Note to editors: To speak with a local expert on employment trends in the Seattle/Tacoma area, please contact Meghan Lockhart at (206) 749-0960.
SOURCE Robert Half
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