Survey: Two-Thirds of CFOs See Appeal in Consulting When They Near
TORONTO, May 6, 2014 /CNW/ - For chief financial officers (CFOs) who may
not be ready to stop working upon retirement, consulting is an enticing option, according to a recent survey from Robert Half Management Resources. Among financial executives interviewed, two-thirds (68 per cent) said they find the prospect of consulting somewhat or very attractive.
The survey was developed by Robert Half Management Resources, the
world's premier provider of senior-level finance, accounting and
business systems professionals on a project and interim basis. It was
conducted by an independent research firm and is based on interviews
with more than 270 CFOs from a random sample of Canadian companies.
CFOs were asked, "How attractive would you find the prospect of consulting when you
approach retirement?" Their responses:
Not at all attractive
Don't know/no answer
"Consulting is often a natural next career step for financial
professionals who are looking for a change but are not yet ready for
retirement," said David King, Canadian president of Robert Half
Management Resources. "Project work can provide intellectual challenge,
variety and the opportunity to mentor others, all within a framework
that is often different than the traditional structure of full-time
For those deciding whether to transition to project consulting, here are four questions to consider before making the move:
What do you hope to accomplish through consulting? You may be looking to work with a more flexible schedule, or to bring
in supplemental income once you leave your full-time job. Whatever the
reason, have a plan before you begin consulting to ensure you are on
track to reach your goals.
What expertise can you provide? If you can serve a niche in your field, you'll be in demand as a
consultant. Think about a particular skill set or area of expertise you
have trouble filling on your own team. The more marketable your skills
are, the greater your opportunities.
How much do you want to promote yourself? If you'd rather focus your time on consulting versus self-marketing,
consider partnering with a staffing firm that can help locate
consulting gigs for you. A staffing firm also can take care of logistics - such as billing and
taxes - on your behalf.
Do you thrive in new environments? If you would happily trade the predictability of a full-time job for the
variety and flexibility of project-based work, an encore career as a
consultant may be right up your alley.
About Robert Half Management Resources
Robert Half Management Resources is the premier provider of senior-level
finance, accounting and business systems professionals to supplement
companies' project and interim staffing needs. The company has more
than 150 locations worldwide and offers assistance to hiring managers
and consultants at roberthalfmr.com on its blog at blog.roberthalfmr.com. Follow Robert Half Management Resources at twitter.com/roberthalf_CAN.
Image with caption: "Robert Half Management Resources Survey: Two-Thirds of CFOs See Appeal in Consulting When They Near Retirement (CNW Group/Robert Half Management Resources)". Image available at: http://photos.newswire.ca/images/download/20140506_C6784_PHOTO_EN_40010.jpg
SOURCE: Robert Half Management Resources
For further information:
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