CFOs WEIGH IN ON KEY CAMPAIGN ISSUES
Financial Executives Cite Healthcare as Greatest Business Management Concern
MENLO PARK, CA -- Mirroring key issues being discussed during this year’s presidential campaign, an overwhelming majority (89 percent) of chief financial officers (CFOs) surveyed said that, from a business perspective, their biggest concern for the next four years is healthcare. Other frequently cited responses included energy and the environment (74 percent), and budget deficit and spending (71 percent).
The survey was developed by Robert Half Management Resources, the world’s premier provider of senior-level accounting and finance professionals on a project and interim basis. It was conducted by an independent research firm and includes responses from 1,400 CFOs from a stratified random sample of U.S. companies with more than 20 employees.
CFOs were asked, “Which of the following issues are your biggest concerns in the next four years with respect to managing your business?” Their responses*:
*Multiple responses were allowed.
“While focusing on strategies to stay competitive and expand market share, executives are keeping a watchful eye on several important election issues, particularly healthcare,” said Paul McDonald, executive director of Robert Half Management Resources. “Escalating costs for employee medical plans are top of mind for company management seeking to enhance recruiting and retention efforts and balance the bottom line.” McDonald added that the rising cost of oil likely is a primary reason why energy and the environment ranked among CFOs’ top concerns.
Responses by Company Size
Responses by Region
Responses by Industry
Robert Half Management Resources has locations in major cities throughout North America, Europe and Australia, and offers online job search services at www.rhmr.com
1 Illinois, Indiana, Michigan, Ohio and Wisconsin
2 Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont
3 Alabama, Kentucky, Mississippi and Tennessee
4 Includes Advertising, Personnel Services, Data Processing, Repair Services, Motion Pictures and Amusement, and Recreation Services