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Korn/Ferry: 58% of Execs to Increase Hiring

October 08, 2012

Fifty-eight percent of executives surveyed by Korn/Ferry International (NYSE: KFY) intend to increase hiring at all levels across their organizations within the next 12 months. However, 69 percent are waiting for resolution on the European financial crisis or the U.S. “fiscal cliff,” which begins on Jan. 1 when previously enacted spending cuts and tax increases take effect.

The survey was taken prior to Friday’s jobs report, which found the U.S. added 114,000 jobs in September.