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CFOs' hiring plans hold steady

December 04 2007
Ten percent of chief financial officers plan to add accounting and finance professionals to their staffs in the first quarter of 2008 and 4% expect to cut people, according to the financial hiring index released today by Robert Half International Inc. (NYSE: RHI). The net 6% increase is unchanged from the fourth-quarter index.

Forty-two percent of CFOs cited rising workloads as the primary reason for adding staff. Hiring is expected to be strongest in the West South Central region where a net 12% of CFOs plan to add full-time accounting and finance professionals.

More than 1,400 CFOs were surveyed for the index.

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