Survey Shows Recruitment as the Top Concern for Executives



    TORONTO, Feb. 19 /CNW/ - Recruiting experienced professionals remains a
concern for many companies, a survey shows. Forty-three per cent of chief
financial officers (CFOs) polled recently said finding skilled staff will be
their greatest challenge in the next 12 months, close to double from a similar
poll in 2003. Competition was the second biggest concern, cited by 18 per cent
of respondents, followed by meeting customer needs at 16 per cent.
    The survey was developed by Robert Half Management Resources, the world's
premier provider of senior-level accounting and finance professionals on a
project and interim basis. It was conducted by an independent research firm
and includes responses from 270 CFOs from a stratified random sample of
Canadian companies with 20 or more employees.
    CFOs were asked, "Which one of the following is the biggest challenge
facing your company in the next 12 months?" Their responses:

    
                                                           2008         2003
                                                           ----         ----
    Finding skilled staff.................................  43%          22%
    Competition...........................................  18%          16%
    Meeting customer demands..............................  17%          16%
    Government regulation.................................  10%          14%
    Adequate sales and/or financing.......................   3%          23%
    None of these/other...................................   2%           1%
    Don't know/no answer..................................   7%           8%
                                                           ----         ----
                                                           100%         100%
    

    "Recruiting top performers continues to be an ongoing priority for many
companies as the competition for talent remains strong," said David King,
executive vice-president of Robert Half Management Resources.
    King advises, however, against automatically filling open positions
without first evaluating personnel requirements. "Hiring managers can staff
strategically by approaching recruitment as a way to fill needs, not desks,"
said King. "By analyzing workloads in-depth, hiring managers can determine if
a full-time hire is required or whether an interim professional or an
accounting or consulting firm is best suited to fulfill ongoing business
demands."
    The survey also revealed a decrease in the number of CFOs who saw
government regulation as their biggest challenge. "Due to increased knowledge
and understanding, companies are now less focused on corporate financial
reporting in Canada," said King. "Many companies instead, are shifting their
attention to preparing for International Financial Reporting Standards."

    Robert Half Management Resources has more than 140 offices throughout
North America, South America, Europe and the Asia-Pacific region, and offers
online job search services at www.roberthalfmr.com.

    EDITOR'S NOTE: To schedule an interview for local commentary in Montreal,
    Toronto, Calgary or Vancouver please contact Jason Chapman at
    416-350-5201, extension 62070.





For further information:

For further information: Robert Half Management Resources, Jason
Chapman, (416) 350-5201, extension 62070, jason.chapman @rhi.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