Miami/Fort Lauderdale CFOs Expect Increased Hiring In Next Six Months

Survey Finds 94 Percent of Miami/Fort Lauderdale Companies Confident About Business Growth

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

MIAMI, March 16, 2016 /PRNewswire/ -- Miami/Fort Lauderdale executives expect professional-level hiring to increase in the next six months, according to the just-released Miami/Fort Lauderdale Professional Employment Forecast from Robert Half. Twenty-six percent of local chief financial officers (CFOs) anticipate their company will create new jobs, up six points from the previous six-month period. Another 57 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

26%

20%

Maintaining – only filling vacated positions

57%

61%

Freezing – not filling vacated positions or creating new ones

14%

13%

Reducing – eliminating positions

3%

5%

Don't know/no answer

0%

0%

*Responses do not total 100 percent due to rounding.

View an infographic featuring the survey results.

"Strong growth in healthcare, transportation and hospitality is driving hiring in the area," said Randy McDermott, metro market manager for Robert Half in South Florida. "It's a great time for senior-level professionals looking for new opportunities, especially for in-demand roles including accounting managers, senior accountants and financial analysts. In particular, companies seek professionals with advanced certifications and industry background."

Recruiting Challenges
Fifty-eight percent of Miami/Fort Lauderdale CFOs surveyed said it's somewhat or very challenging to find skilled candidates for professional-level positions today.

Many firms are facing increased difficulty staffing financial positions, the research found. Twenty-one percent of Miami/Fort Lauderdale 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, Miami/Fort Lauderdale CFOs are optimistic about company growth. Ninety-four percent of executives reported being somewhat or very confident in their company's prospects for growth in the next six months, up one point from six months ago.  

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 Miami/Fort Lauderdale 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 more information on our local offices, visit roberthalf.com/miami-ft-lauderdale.

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SOURCE Robert Half



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