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CFOs say Less Than Four in 10 Management Opportunities are Internal Hires
August 01, 2012 by William FriersonIf you are looking for a promotion in management within your company, it may be a bit of a challenge.
To fill management positions, companies are more likely to look for talent outside rather than within their own ranks, a new survey from Robert Half Management Resources suggests. Chief financial officers (CFOs) interviewed said that, on average, 38 percent of management roles in their departments were filled by internal candidates.
CFOs were asked, “What percentage of managerial positions within your accounting and finance department are filled by candidates who were promoted from within?” Continue Reading
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CFOs and Employees Feel Differently about Performance Reviews
July 19, 2012 by William FriersonOne of these groups believes performance reviews work, while the other says not so much.
How useful are performance reviews? It depends on whom you ask. In an Accountemps survey, 94 percent of chief financial officers (CFOs) interviewed said formal evaluations are either somewhat or very effective in helping employees improve their performance. Yet nearly one in three workers (31 percent) disagreed, calling these appraisals either somewhat or very ineffective.
CFOs were asked, “In your opinion, how effective are annual or semiannual performance reviews in helping employees improve their performance?” Their responses: Continue Reading
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More Executives Leaving the Office Behind During Summer Vacation
July 02, 2012 by William FriersonLike most of us, executives want to enjoy their vacations by actually vacating from their jobs.
As executives plan their summer getaways, a lot more of them will leave the office completely behind compared to previous years, according to a new Robert Half Management Resources survey.
