Projected Q3 Finance, Accounting Hires Slip Some

June 29, 2001 ( - Chief financial officers (CFOs) expect a net 7% increase in the hiring of accounting and finance professionals in the third quarter of 2001, down a point from a quarter ago.

Eleven percent of financial executives responding plan to hire additional personnel during the next three months, while 4% expect staff reductions, according to staffing services firm Robert Half International’s quarterly Financial Hiring Index. Most (82%) aren’t anticipating any change in staffing levels.

The national poll includes responses from 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees.

Location, Location

Job opportunities are most abundant in the South Atlantic states, where 16% of CFOs are looking to expand, versus just 4% considering a “trim.”

New England also affords some opportunities, with 16% looking to expand, with 5% looking at cutbacks.

The Mountain and Pacific states are anticipating net hiring increases of 10% and 8%, respectively.