Canadian CFOs Reveal Hiring Plans for Next Six Months

Survey Finds Vast Majority of Canadian Companies Optimistic About Their Growth

TORONTO, April 2, 2015 /CNW/ - The just-released Canadian Professional Employment Forecast from Robert Half indicates 16 per cent of Canadian chief financial officers (CFOs) expect their companies to create new jobs in the next six months. Another 63 per cent 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. 2014 – Feb. 2015*

March – Aug. 2015*

Expanding – adding new positions

23%

16%

Maintaining – only filling vacated positions

55%

63%

Freezing – not filling vacated positions or creating new ones

15%

18%

Reducing – eliminating positions

5%

3%

Don't know/no answer

1%

1%

*Responses do not total 100 per cent due to rounding.

"Canadian businesses are confident in their prospects for growth, which is reflected in their hiring outlook," said Greg Scileppi, president of Robert Half, International Staffing Operations. "Companies are expected to hire for open positions and in some cases even expand their teams. In the Canadian market, hiring in the areas of accounting, finance and technology is particularly competitive."

Scileppi discussed the benefits for businesses of persistently scouting for new talent in a candidate-driven market: "Companies that use proactive recruitment strategies are able to keep their finger on the pulse. At times like these, those are the companies that are best-positioned to find and attract the skilled professionals they need."

Business Confidence
According to the Professional Employment Forecast, Canadian CFOs are optimistic about their companies' growth. Ninety-three per cent of executives reported being somewhat or very confident in their companies' prospects for growth in the next six months. This compares to 86 per cent in the previous six months.

Recruiting Challenges
Organizations looking to expand and add staff may face difficulties, Robert Half's research shows. Half (50 per cent) of Canadian CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today.

About the Professional Employment Forecast
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-period rolling average based on interviews with 540 CFOs from a stratified random sample of companies across Canada with 20 or more employees. Executives were asked about their hiring and business outlook, including plans to add professional-level employees, for example, staff in the accounting, human resources, administrative, legal, marketing and information technology fields.

About Robert Half
Founded in 1948, Robert Half is the world's first and largest specialized staffing firm. The Menlo Park, Calif.-based company has more than 340 staffing locations worldwide and offers online job search and management tools at roberthalf.com. For career and management advice, follow our blog at blog.roberthalf.com. Follow Robert Half on Twitter at @RobertHalf_CAN for additional workplace advice and hiring trends.

SOURCE Robert Half Canada

For further information: Naz Araghian, 416.350.2330 ext. 62132, naz.araghian@roberthalf.com

RELATED LINKS
http://www.rhii.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890