Tuesday, June 2, 2009

Atlanta CFOs Report on Third-Quarter Hiring Outlook

/PRNewswire/ -- Three percent of chief financial officers (CFOs) in the Atlanta area expect to add accounting and finance staff during the third quarter of 2009 and 12 percent anticipate reductions in personnel, according to the most recent Robert Half International Financial Hiring Index. The majority of respondents, 84 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 Atlanta area with 20 or more employees; 1,400 CFOs were queried for the national data. (To view the national results, visit www.roberthalf.com/PressRoom.) The studies were conducted by an independent research firm and developed by Robert Half International, the world's first and largest staffing services firm specializing in accounting and finance. Robert Half has been tracking financial hiring activity in the United States since 1992.

"Many companies remain hesitant to commit to adding staff until they are certain of an economic recovery," said Max Messmer, chairman and CEO of Robert Half International. "In the meantime, most firms are working with their current teams to manage key initiatives, with some employers also bringing in project professionals to assist with rising workloads and support full-time personnel."

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