Net 14 Per Cent of Executives Expect to Hire; Manufacturing and Finance, Insurance and Real Estate Sectors Most Optimistic About Adding Staff: Robert Half Professional Employment Report

Jun 7, 2011 | Corporate Member News

Fifteen per cent of executives interviewed for the Robert Half Professional Employment Report (http://www.roberthalf.ca/per) plan to add the number of full-time employees in professional occupations during the third quarter of 2011, while 1 per cent foresee declines. The resulting net 14 per cent planning staff additions is up one point from the second-quarter forecast.

Approximately half (48 per cent) of respondents said it is at least somewhat challenging to find skilled professionals today, up one point from the second-quarter survey.

The Robert Half Professional Employment Report is based on telephone interviews with more than 1,000 C-level executives and other leaders from a variety of fields throughout Canada. Those interviewed are asked about their hiring plans and general level of optimism for the upcoming quarter. Survey respondents include more than 270 chief financial officers (CFOs); 270 chief information officers (CIOs); 150 senior human resources managers; 75 lawyers at law firms and 75 corporate lawyers; and 50 advertising executives and 200 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 

–   A net 14 per cent of executives plan to add professional-level staff in the third quarter of 2011. 

–   A net 28 per cent of executives in the manufacturing sector and net 27 per cent of executives in the finance, insurance and real estate industry anticipate staff additions. 

–   Forty-eight per cent of respondents said it is challenging to find skilled professionals today. 

–   Seventy-nine per cent of executives are at least somewhat confident in their organisations’ ability to grow in the third quarter. 

–   The marketing field is expected to see strong hiring activity, with a net 21 per cent of marketing executives planning to increase staff levels. 

Hiring expectations: By profession      

  Increase Decrease Net Increase
    Total 15% 1% 14%
Accounting and finance 11% 3% 8%
Advertising and marketing 26% 5% 21%
Human resources 9% 0% 9%
Information technology 18% 4% 14%
Legal 50% 1% 49%
Sales and business development 24% 1% 23%

“Although some firms remain conservative in their hiring outlook, augmenting staff levels for others is becoming necessary when trying to meet added consumer demand,” said Kathryn Bolt, district president of Robert Half Canada. “Increased business activity and economic factors are stimulating hiring in many industries, such as manufacturing, banking and real estate.”

Professional-Level Hiring — By Industry

A net 28 per cent of executives in the manufacturing sector expect to make staff additions. A net 27 per cent of executives in the finance, insurance and real estate industry also plan to hire in the third quarter.

Professional-Level Hiring — By Field

Respondents in the marketing and advertising field continue to forecast strong hiring. Twenty-six per cent of executives anticipate hiring marketing professionals in the third quarter and 5 per cent expect declines. The net 21 per cent projected increase is up three points from the previous quarter.

About Robert Half International

Founded in 1948, Robert Half International, the world’s first and largest specialized staffing firm, is a recognized leader in professional staffing services. The company’s specialized staffing divisions include Accountemps(R), Robert Half(R) Finance & Accounting and Robert Half(R) Management Resources, for temporary, full-time and senior-level project professionals, respectively, in the fields of accounting and finance; OfficeTeam(R), for highly skilled office and administrative support professionals; Robert Half(R) Technology, for information technology professionals; Robert Half(R) Legal, for legal personnel; and The Creative Group(R), for interactive, design, marketing, advertising and public relations professionals. Robert Half International has staffing and consulting operations in more than 400 locations worldwide. Find more information at http://www.roberthalf.ca/, and follow us on Twitter at twitter.com/RobertHalf_CAN.

For further information: Nadia Santoli, (416) 350-2330, [email protected]

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