Accounting staff levels to remain flat

Wednesday, June 13, 2012 Financial

The total amount of staff members in finance and accounting departments is expected to stay the same during the third quarter of the year, according to one recent study.

The Robert Half Financial Hiring Index revealed that 87 percent of those surveyed said that they had not plans to hire during the period, while just 5 percent said they expected to hire more people in accounting and finance departments.

While the survey suggests that most would keep staff levels static, those who helped conduct the study said that there were plenty of opportunities for people with the right skills.

"Although financial hiring is expected to hold steady in the next three months, candidate shortages in high-demand areas are rising," said Kathryn Bolt, president of Robert Half Canada."Organizations seek professionals in areas such as payroll, financial analysis and accounting, and those unable to make a full-time hire are working with temporary or project professionals to alleviate staff workloads and access specialized skills immediately."

Those who are able to find work as in the aforementioned sectors can expect to make a respectable salary. According to research from Accounting Principles, entry-level financial analysts earn between $49,700 and $51,000.

 

Content provided by executive search organization, MRI Network.