Many employers are pulling out all the stops to recruit employees with in-demand skills, a new Accountemps survey finds. Nearly half (46 percent) of chief financial officers (CFOs) interviewed said they are improving benefits in order to attract top talent. Almost as many (45 percent) are raising salaries, and another 42 percent are investing in training and development for promising workers. More than one-quarter (26 percent) of CFOs indicated their companies are bringing in temporary staff to bridge the skills gap.
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CFOs were asked, "Which of the following strategies are you adopting or considering adopting to access professionals with in-demand skills?" Their responses*:
Improving benefits |
46% |
Increasing compensation |
45% |
Investing in training and development of internal candidates |
42% |
Bringing in temporary workers |
26% |
Hiring talent from another city and allowing a remote work arrangement .. |
21% |
Paying relocation expenses for top candidates |
19% |
|
|
*Multiple responses allowed |
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The survey was developed by specialized staffing service Accountemps. It was conducted by an independent research firm and is based on interviews with more than 2,100 CFOs from a stratified random sample of companies in more than 20 of the largest U.S. markets.
"Competition for highly skilled workers remains intense in many specialties," said Max Messmer, chairman of Accountemps and author of Human Resources Kit For Dummies®, 3rd Edition (John Wiley & Sons, Inc.). "Boosting compensation and adding incentives is a useful first step for attracting talent.