Hiring Tops Post Recession Priorities for Execs

September 30, 2009 – A recent survey suggests hiring new workers will be the top priority for many employers as the economy improves. When asked where they most likely will boost spending when the recovery occurs, nearly one in three senior executives (31 percent) said he or she plans to hire additional staff. Twenty-one percent of respondents plan to give their teams raises. The survey was developed by Robert Half Finance & Accounting., a specialized financial recruitment service. It was based on telephone interviews with 150 senior executives from the nation's 1,000 largest companies. “Improving business conditions will result in demand for skilled professionals to assist with initiatives that were placed on hold during the recession,” said Max Messmer, chairman and CEO of Robert Half International. “Companies that made deep personnel cuts will need to rebuild their teams to capitalize on future opportunities.” Mr. Messmer also pointed out that employers also should invest in their existing workforce to reduce the chance of losing top performers. “Managers need to reward those team members who shouldered the burden during tough times. If financial incentives are not an option, firms should look for other ways to recognize staff, such as providing flexible work schedules or granting additional vacation days.” Founded in 1948, Robert Half Finance & Accounting, a division of Robert Half International, has more than 360 locations worldwide.

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