Dallas/Fort Worth CFOs Expect Increased Hiring In Next Six Months

Survey Finds 59 Percent of Dallas/Fort Worth Companies Experiencing Recruiting Challenges

16 Mar, 2016, 08:10 ET from Robert Half

DALLAS, March 16, 2016 /PRNewswire/ -- Dallas/Fort Worth executives expect professional-level hiring to increase in the next six months, according to the just-released Dallas/Fort Worth Professional Employment Forecast from Robert Half. Sixteen percent of local chief financial officers (CFOs) anticipate their company will create new jobs, up four points from the previous six-month period. Another 71 percent plan to hire only for open roles.

CFOs were asked, "What are your company's hiring plans for full-time, professional-level employees in the next six months?" Their responses:


March – Aug. 2016

Sept. 2015 – Feb. 2016*

Expanding – adding new positions

16%

12%

Maintaining – only filling vacated positions

71%

73%

Freezing – not filling vacated positions or creating new ones

10%

11%

Reducing – eliminating positions

2%

2%

Don't know/no answer

1%

1%


*Responses do not total 100 percent due to rounding.

View an infographic featuring the survey results.

"Low unemployment rates and the rising number of available jobs in the Dallas area are contributing to a competitive hiring environment," said Mark Malone, senior regional vice president of Robert Half in Dallas. "It's a candidate-driven market and job seekers are being more discerning about salary, benefits and culture. Employers need to be prepared to offer competitive compensation and unique benefits. They also must move quickly to hire or risk losing talent to the competition."

Recruiting Challenges
Fifty-nine percent of Dallas/Fort Worth CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today. This compares to 54 percent in the previous six months.

Many firms are facing increased difficulty staffing financial positions, the research found. Seventeen percent of Dallas/Fort Worth executives said it's much more challenging or somewhat more challenging to find skilled candidates for finance and accounting positions today compared to three years ago.

Business Confidence
According to the Professional Employment Forecast, Dallas/Fort Worth CFOs are optimistic about company growth. Ninety-five percent of executives reported being somewhat or very confident in their company's prospects for growth in the next six months.

About the Professional Employment Forecast
The Professional Employment Forecast was developed by Robert Half, the world's first and largest specialized staffing firm, and conducted by an independent research firm. The local results reflect a two-period rolling average based on interviews with 200 CFOs from a stratified random sample of companies in the Dallas/Fort Worth area with 20 or more employees. Executives were asked about their hiring and business outlook, including plans to add professional-level employees in areas such as accounting, finance, human resources, administrative, legal, marketing and information technology.

About Robert Half
Founded in 1948, Robert Half is the world's first and largest specialized staffing firm. The Menlo Park, Calif.-based company has more than 330 staffing locations worldwide and offers online job search and management tools at roberthalf.com. For additional career and management insights, visit roberthalf.com/dallas-fort-worth.  

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SOURCE Robert Half



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