CFOs Still Fighting to Retain Skilled Staff
Beyond offering extra bucks, finance chiefs are finding that reshaping jobs, providing community-service and fitness opportunities, and supplying ad hoc vacation days are good tools to use to hang on to skilled finance staff.
CFO Magazine – August 26, 2009
The labor market is generally teeming with talent in search of work. But skilled finance and accounting employees are not necessarily any easier to find these days. Indeed, the accounting profession shed less than 2% of its jobs between June 2008 and June 2009, according to Ajilon Finance, and CFOs who have recently hired say salary levels remain high.
"It's still a very competitive marketplace for finance talent," says Tom Ackerman, CFO of Charles River Laboratories, who recently hired a direct report. Perhaps more worrisome, a recent survey of more than 450 accountants by Ajilon found that 23% plan to look for a new job when the economy improves...Read the full article.