Detroit CFOs Report Second-quarter Hiring Plans

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DETROIT — Twelve percent of chief financial officers in the Detroit area expect to add new professional-level positions in the second quarter, according to the Detroit Professional Employment Forecast from Robert Half. Another 77 percent said they will not be adding new positions but will fill roles that open in the next three months. Eight percent of respondents will not be hiring, even to fill an open position, and 1 percent plan to reduce staff levels.

The Professional Employment Forecast was developed by Robert Half, the world’s first and largest specialized staffing firm. The survey was conducted by an independent research firm and is based on interviews with more than 100 CFOs from the Detroit area at companies with 20 or more employees who were asked about their hiring plans for professional-level positions in the coming quarter.

CFOs were asked, “What are your company’s hiring plans for full-time professional-level employees in the second quarter?”

Their responses:

Expanding — adding new positions: 12%
Maintaining — only filling vacated positions: 77%
Freezing — not filling vacated positions or creating new ones: 8%
Reducing — eliminating positions: 1%
Don’t know/no answer: 2%

“Manufacturing, specifically the automotive industry, and healthcare are two of the sectors driving hiring in the Detroit area,” said Robin Ankton, regional vice president for Robert Half in Detroit. “Both are experiencing rapid growth, and companies who cut staff too lean during the recession are realizing they must fill those vacancies to enhance productivity and remain competitive.”

Founded in 1948, Robert Half International, the world’s first and largest specialized staffing firm, is a recognized leader in professional staffing services. Find more information at roberthalf.com, and follow on Twitter at twitter.com/roberthalf.