CFO Survey: Increased Plans to Hire, Pay Staff More

As the snow thaws, here are signs of positive growth from c-level financial officers. CFO Magazine reports good news from recent polls conducted in partnership with Duke University.

Finance executives now plan to boost their domestic, full-time workforces by almost 4% on average over the next 12 months, while holding temp hiring steady and scaling back planned increases in offshore outsourced staffing. More tellingly, 44% of the 418 finance executives surveyed say it is either ‘certain’ or ‘very likely’ that they will increase full-time employment at their companies this year compared with 2010.

For those currently employed, the picture is brightening as well. More than half of CFOs plan to dole out bigger raises this year than last year, and some 40% say bonuses will grow. Finance chiefs also plan to increase training and development budgets.

If you’re looking for a job and received a “not now” to inquiries about potential opportunities in 2010, now may be a great time to dust off that resume.

Source: CFO Magazine