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Survey: 36% of CFOs Cite Skills Match as Concern

September 30 2011

The top factor leading to a failed hire, aside from performance issues, is a poor skills match, according to a recent Robert Half Finance & Accounting survey.

Thirty-six percent of chief financial officers cited a poor skills match as a top concern. An unclear performance expectation was the second most common reason for failed hires, cited by 30 percent of CFOs. Other reasons noted were personality conflicts (17 percent) and poor cultural fit (14 percent).

“Companies can't afford hiring mistakes, which are costly and can erode staff morale,” said Max Messmer, chairman and CEO of Robert Half International Inc.. “Finding the right match requires time and attention, and it's something even busy managers need to make time for.”

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John S. 09/30/2011 02:09 pm

The other factor that very few poll respondents will cite is that companies are trying to exploit the labor market by offering ridiculously low salaries for skilled workers. When you're looking for an experienced Web Developer at $10 an hour because you think people will be desperate enough to take that, don't be surprised when you find no takers. You can chalk it up to a poor skills match, but privately these people know what they are doing.

You get what you pay for.


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