Milwaukee CFOs Report on First-Quarter Hiring Outlook

MILWAUKEE, Dec. 11 /PRNewswire/ — A net 4 percent of chief financial officers (CFOs) in the Milwaukee area expect to hire accounting and finance professionals in the first quarter of 2007, according to the most recent Robert Half International Financial Hiring Index. Six percent of executives surveyed plan to add staff during the quarter and 2 percent anticipate reductions in personnel. The net 4 percent increase is unchanged from the fourth-quarter 2006 forecast and one point above the national average.


The local results reflect a two-quarter rolling average based on the responses of 200 CFOs from a stratified random sample of companies in the Milwaukee 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 surveys were conducted by an independent research firm and developed by Robert Half International, the world’s largest staffing services firm specializing in accounting, finance and information technology. Robert Half International has been tracking financial hiring activity in the United States since 1992.


“Continued hiring, driven by business expansion, rising workloads and ongoing compliance initiatives, has created a tight labor market for skilled accounting and finance professionals,” said Max Messmer, chairman and CEO of Robert Half International. “This is prompting increased competition for the best talent, especially for positions such as staff and senior accountant, internal auditor and financial analyst.”


Robert Half International was founded in 1948 and is traded on the New York Stock Exchange. Its financial staffing divisions include Accountemps(R), Robert Half(R) Finance & Accounting and Robert Half(R) Management Resources, for temporary, full-time and senior-level project professionals, respectively. The company has more than 350 offices throughout North America, Europe, Asia, Australia and New Zealand, and offers online job search services on its divisional websites, all of which can be accessed at www.rhi.com.