Business Owners Growing More Optimistic
Business owners are growing more optimistic about their companies’ prospects, according to a study by Robert Half International. Interviewing more than 4,000 business leaders for the Robert Half Professional Employment Report, it found that 92 percent are confident that their companies will show growth in 2011’s third quarter. This is an increase from the company’s survey for the second quarter, when 86 percent of respondents felt confident about their company’s performance.
Among the executives surveyed, 90 percent do not expect their staffing levels to change in the third quarter. Six percent expect to add staff while three percent anticipate reductions. The survey’s finding of a net three percent planned increase in staffing is down two points from the second quarter 2011, but still in line with the trend evident through the last five quarters of diminishing numbers of executives expecting to cut staff. Staffing remains a challenge, however, with 42 reporting difficulty in recruiting the professionals they need.
Robert Half International is a staffing firm with offices around the world. It operates through a number of divisions, such as Accountemps, Robert Half Finance & Accounting and Robert Half Management Resources, among others. The research in the Robert Half Professional Employment Report is based on telephone interviews with C-level executives and other leaders, all with hiring authority, at companies across the U.S. representing a variety of different industries.
More information about the findings of the Robert Half Professional Employment Report can be found here.