Tuesday, July 03, 2007

Many CFOs See Hiring as Top Challenge

While CFOs are slightly less optimistic than a few months ago about both the economy and their own companies' finances, many expect to have an even tougher time finding good candidates to fill job openings.

That's our takeaway from the latest quarterly CFO survey by Financial Executives International and Baruch College.

Both hiring expectations and economic optimism dipped compared with the first-quarter survey. At the same time, though, a stunning 26.5 percent of CFOs (mostly from private companies with under $500 million in sales) said their greatest business challenge is "finding qualified workers." A year ago, 24.3 percent answered the question that way.

Finding good candidates ranked way ahead of other challenges, including expense control and even regulatory issues.

For the full story, visit JobsintheMoney.

CFOs Scramble to Find Qualified Workers [JITM]

No comments: