More positive business outlook expected for 2011

More positive business outlook expected for 2011

Poolia has revealed in their latest report on staffing conducted in finance and accounting departments that there is much more positive outlook for business expected in 2011. Although uncertainty over staffing will remain, specialist publication Fresh Business Thinking has reported.

Key feature of the report

57% of companies are predicting revenue growth.

40% of businesses expect an increase in projects in the New Year, with over 30% anticipating growth in headcount.

17% of respondents expecting further redundancies in the coming year.

This increase is putting further strain on already stretched employee base, with many companies struggling to recruit skilled finance and accounting employees, especially at managerial levels. It is predicted that skilled employees won't be easy to find till 2011, especially as many currently see the talent pool as only average to poor.

Lee Shepherd, General Manager at Poolia's finance and accounting practice, predicts the current recovery will create a race for talent in 2011. He said "2010 has been a busy year for the heads of finance, as businesses have continued to keep departments trim, freezing headcount, and as the battle to find people with the right skills to fill vital gaps has intensified."

Alex Askew, Marketing Consultant at Danbro Take home pay calculator says "It's great news that businesses are looking to the future and expecting a strong positive attitude towards business growth over the coming year".

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