MUST BE THE MONEY — AND THE JOB SECURITY

Survey Finds Salary, Company Stability Deciding Factors for Job Seekers

 

MENLO PARK, CA — When deciding on a job offer, workers still place the
greatest weight on pay and job security, a recent survey of executives shows. 
Twenty-seven percent of chief financial officers (CFOs) polled
believe salary is the biggest consideration for prospective new hires;
24 percent said it is company stability.  The results are
consistent with a 2001 survey asking this question.

The survey was developed by Robert Half Finance & Accounting, the world’s
first and largest specialized financial recruitment service.  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, “In your opinion, which one of the following is the
most important consideration for job candidates today when evaluating employment
offers?
”  Their responses:

  2006 2001
Salary level 27% 23%
Stability of the company 24% 28%
Work environment/corporate culture 22% 20%
Career advancement opportunities 17% 21%
Equity incentives/stock options 4% 4%
Other 3% 0%
Don’t know/no answer 3% 4%
  100% 100%

“Businesses that have a successful track record and offer competitive
compensation are at an advantage during the hiring process,” said Max Messmer,
chairman and CEO of Robert Half International Inc. and author of Human
Resources Kit For Dummies
® (John Wiley & Sons, Inc.).  “Employers should
emphasize all the factors that distinguish their firms, such as exceptional pay
and benefits, a history of stability and growth, and a supportive corporate
culture.”

Messmer noted that small, emerging companies that cannot afford to pay
premium salaries can highlight other qualities, including the strength of their
leadership team.  “The best candidates tend to base at least part of their
employment decisions on how much they can learn on the job.  During the
recruiting process, hiring managers are selling potential employees as much on
their own experience and management style as on the other features that make the
firm a great place to work.”

Founded in 1948, Robert Half Finance & Accounting, a division of Robert
Half International Inc., has more than 330 locations throughout North America,
Europe, Asia, Australia and New Zealand, and offers online job search services
at www.roberthalf.com.

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