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Few Executives Expect To Add Professional Staff In Third Quarter

Nearly nine in 10 (88 percent) executives surveyed for the quarterly Robert Half Professional Employment Report said they anticipate no changes to the size of their teams in the next three months.

Five percent of respondents plan to add full-time, professional-level staff in the third quarter, while another 5 percent indicated they will make personnel reductions. Recruiting challenges continue to surface for executives -- 69 percent of those interviewed said they are having difficulty finding people with the skills they need, up eight points from the second-quarter survey.

The Robert Half Professional Employment Report is based on telephone interviews with more than 4,000 U.S.-based C-level executives and other senior managers in a variety of fields who are asked about their hiring plans and general level of optimism for the upcoming quarter. Survey respondents include more than 1,400 chief financial officers (CFOs); 1,400 chief information officers (CIOs); 500 senior human resources managers; 100 lawyers at law firms and 100 corporate lawyers; and 125 advertising executives and 375 marketing executives, all of whom have hiring authority.

The Robert Half Professional Employment Report is the first quarterly executive survey of its size and scope to concentrate exclusively on professional-level hiring.

Key Findings

  • Eighty-eight percent of executives expect to make no changes to the size of their full-time, professional-level teams. Five percent of executives anticipate bringing in additional staff in the third quarter, and 5 percent project personnel reductions. The resulting net hiring increase is down two points from last quarter's survey.
  • Sixty-nine percent of executives reported recruiting challenges, up eight points from the previous quarter.
  • More than three-quarters (79 percent) of executives expressed confidence in the growth prospects for their firms in the next three months.
  • Businesses in the Mid-Atlantic[1] states anticipate hiring most actively, with a net 6 percent of executives in the region planning to add professional-level staff.
  • Respondents in the transportation sector are most likely to make personnel additions in the third quarter; a net 6 percent said they anticipate hiring. The transportation industry has led in hiring projections for three consecutive quarters.
  • The legal field is expected to see the strongest hiring activity, with a net 30 percent of lawyers planning to increase staff levels in the third quarter. Advertising and marketing executives also are expanding their teams, with a net 11 percent anticipating adding personnel.

More details at Robert Half Professional Employment Report.


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