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Survey: 10% Of Financial Firms Plan To Expand IT Staffs

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NU Online News Service, Aug. 27, 2003, 12:15 p.m. EDT – Ten percent of large and midsize U.S. companies in the financial, insurance and real estate industries plan to hire more workers to run their computer systems and networks during the third quarter, according to results of a survey released by Robert Half International Inc., Menlo Park, Calif.

Only 3% of the financial services companies that participated said they plan to reduce the size of their information technology staff, Robert Half reports.

Robert Half hired researchers to conduct the survey to promote its Robert Half Technology division.

The researchers obtained survey responses from 1,400 chief information officers at U.S. companies with at least 100 employees.

The researchers found that 9% of all the participating CIOs plan to add IT workers while 4% plan to let their IT staffs shrink.

Participating CIOs in the business services, professional services and retail industries were more interested in hiring than the financial services CIOs were.

The participating CIOs in the construction, transportation and manufacturing industries said they were more likely to cut IT staffs than to expand IT staffs.


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