Administration April 2, 2005

Finance Hiring Process Can Last Four to Six Weeks

February 4, 2005 (PLANSPONSOR.com) - It often takes an average of four weeks to fill a staff accounting job and six weeks to bring on a finance manager, a new survey found.
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“Hiring managers are often caught in a catch-22: short-staffed but unable to dedicate the necessary time to the recruiting process because of the additional work they are assuming,” said Max Messmer, chairman and CEO of Robert Half International. “This is compounded by the pressure to avoid hiring mistakes, which can be particularly costly in accounting and finance departments, where accuracy and continuity of processes are critical.”

Hiring wisely is essential, but taking too long to make a decision has its own set of pitfalls. Messmer advises companies to view recruitment as an ongoing process, whether or not the organization is actively looking to add staff.

The survey was developed by finance and IT staffing firm Robert Half International and conducted by an independent research firm. It includes responses from 1,400 US CFOs at companies with more than 20 employees.

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