CFOs can't fill key positions fast enough and plan to raise wages
REUTERS/Mike Segar
In a recent survey by Duke University, 93% of 510 CFOs in America said they have job openings, and half said they can't find people to fill those key jobs.
The survey also found that most companies plan to increase real wages by 3.3% due to labor market pressures and a desire to fill key slots.
According to the Duke/CFO Magazine Global Business Outlook Survey, wage growth will be strongest in services/consulting, healthcare, tech, retail/wholesale, and construction.
For employment and wage increases, CFOs listed the following concerns that guided their decisions:
- Economic uncertainty
- Cost of benefits
- Attracting and retaining qualified employees
- Regulatory requirements
- Government policy
- Weak demand for product/services
- Data security
- Employee productivity
- Access to capital
- Employee morale
The Duke CFO Global Business Outlook has been conducted for the last 78 consecutive quarters.
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market