Chief Financial Officers are planning to increase hiring in the second quarter, according to a recent report.
The Robert Half Financial Hiring Index shows 7 percent of executives that participated in the research expect to hire full-time employees, while 2 percent say they plan to reduce personnel. This second quarter forecast is two points higher than the first quarter forecast.
Over 1,400 CFOs from companies with more than 20 employees were polled for the study and 55 percent of the CFOs who indicated they would be hiring listed business growth as the main driver.
“Companies are eager to take advantage of new opportunities,” said Max Messmer, chairman and CEO of Robert Half International.
Manufacturing is expected to surpass the national projections with a net 8 percent of survey respondents indicating more hiring.