Canadian CFOs Reveal Hiring Plans for Next Six Months
Survey Finds 82 Per Cent of Canadian Companies Experiencing Recruiting Challenges
Toronto - The just-released Canadian Professional Employment Forecast shows 26 per cent of Canadian chief financial officers (CFOs) expect their company to create new jobs in the next six months. Another 56 per cent plan to hire only 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:
"CFOs continue to exhibit a positive outlook going into the next six months, and this is reflected in their plans to hire and maintain skilled employees," said Greg Scileppi, president of Robert Half, International Staffing Operations. "To quickly identify and fill employee skills gaps, companies must consistently adapt to evolving business requirements, especially in areas such as technology and compliance, ensuring performance isn't affected by changing roles or talent needs."
Scileppi added that businesses need to enhance their compensation packages in order to overcome challenges associated with finding and hiring talented employees. "Executives must stay on top of current trends and offer the salary levels and perks today's in-demand professionals seek, or they risk losing their top candidates to other companies."
Eighty-two per cent of Canadian CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today. This compares to 57 per cent in the previous six months.
Many firms are facing increased difficulty staffing financial positions, the research found that 63 per cent of Canadian CFOs said it's much more challenging or somewhat more challenging to find skilled candidates for finance and accounting positions today compared to three years ago.
According to the Professional Employment Forecast, Canadian CFOs are optimistic about company growth. One hundred per cent of executives reported being somewhat or very confident in their company's prospects for growth in the next six months.