While most firms say they expect to hold staffing levels steady, competition for qualified professionals — especially controllers — is fierce, according to a new Controllers Council study.
Most (64%) of the CFOs, controllers and other finance professionals surveyed plan to maintain current staffing levels while 32% intend to increase their finance and accounting numbers, and only 4% are planning cuts, according to the findings.
The national survey of some 200 respondents also found that while firms first saw outsourcing as the answer to leaders’ talent shortage issues, this has changed dramatically.
For example, the study found that the share of finance leader respondents saying they are outsourcing has gone from 40% last year to 27% this year. See more findings.