Published:
Providence CFOs Report on Fourth-Quarter Hiring Outlook
PROVIDENCE, R.I., Sept. 3 /PRNewswire/ -- Six percent of chief financial
officers (CFOs) in theProvidence area expect to add accounting and finance
staff during the fourth quarter of 2008 and 7 percent anticipate reductions in
personnel, according to the most recent Robert Half International Financial
Hiring Index. The majority of respondents, 85 percent, anticipate no change in
hiring.
The local results reflect a two-quarter rolling average based on
interviews with 200 CFOs from a stratified random sample of companies in the
Providence area with 20 or more employees; 1,400 CFOs were queried for the
national data. (To view the national results, visit
http://www.roberthalf.com/PressRoom.) The studies were conducted by an
independent research firm and developed by Robert Half International, the
world's largest staffing services firm specializing in accounting and finance.
Robert Half has been tracking financial hiring activity inthe United States
since 1992.
"While the forecast forProvidence is more conservative, businesses need a
strong financial function to see them through all economic cycles," said Max
Messmer, chairman and CEO of Robert Half International. "When hiring, firms
seek accounting and finance professionals who can help them reduce costs,
ensure accurate reporting and guide business strategy."
Robert Half International was founded in 1948 and is traded on the New
York Stock Exchange. Its financial staffing divisions include Accountemps(R),
Robert Half(R) Finance & Accounting and Robert Half(R) Management Resources,
for temporary, full-time and senior-level project professionals, respectively.
The company has more than 360 staffing locations worldwide and offers online
job search services on its divisional websites, all of which can be accessed
at http://www.rhi.com.
SOURCE Robert Half International
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