LONGING FOR THE 'GOOD OLD DAYS'

Robert Half Management Resources Survey: Executives Face Greater Job Demands Today Than Five Years Ago

MENLO PARK, CA., Dec. 20, 2010 -- Being the boss is getting harder every day, a new Robert Half Management Resources survey suggests. More than eight in 10 (81 percent) chief financial officers (CFOs) interviewed recently said they believe it's more difficult to be a company leader today than it was five years ago.

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 more than 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees.

CFOs were asked, "Do you think it's more or less challenging to be a company leader in today's business environment versus five years ago?" Their responses:

Significantly more challenging

31%

 

Somewhat more challenging

50%

 

No change

14%

 

Somewhat less challenging

3%

 

Much less challenging

1%

 

Don't know

1%

 

 

100%

 
   


"Because of dramatic changes in the business landscape in recent years, executives are facing additional pressures as they attempt to keep service levels high and position their companies for growth," said Paul McDonald, senior executive director of Robert Half Management Resources. "A variety of new challenges -- from smaller employee teams to uncertainty about new healthcare and financial regulations to economic concerns -- are making it more difficult to be a business leader today."

McDonald added, "As firms have reduced staff levels, managers have fewer employees to rely upon. Some companies are hiring selectively to fill personnel gaps and bringing in project consultants who have the experience necessary to help them address critical priorities."

About Robert Half Management Resources
Robert Half Management Resources is the premier provider of senior-level accounting and finance professionals to supplement companies' project and interim staffing needs. The company has more than 145 locations worldwide and offers online job search services at www.roberthalfmr.com. Follow Robert Half Management Resources at twitter.com/roberthalfmr for workplace news.


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