7 in 10 CFOs failed to hire the right talent

7 in 10 CFOs failed to hire the right talent

They are struggling to pick workers who will fit in with the company culture.

Seven in 10 chief financial officers (CFOs) in Singapore have hired an employee who did not fit in well within the team, a Robert Half survey revealed.

CFOs indicated the reasons why employees are struggling to fit in well into their new role such as lack of team spirit (45%), inability to work collaboratively (45%), not getting along with their new co-workers (38%), overconfidence (36%) and underperformance/lack of skills (36%).

In line with this, 26% of the CFOs who have hired an employee who did not fit in have to let go of the worker.

“For finance leaders, team cohesion and dynamics are an essential part of delivering results, which is why the hiring process for new finance staff needs to extend beyond identifying a candidate’s ability to do the job in question. Assessing a candidate’s personal and professional qualities to ensure they will get along with their team members and fit in with the corporate culture is just as important as assessing their technical abilities,” said Matthieu Imbert-Bouchard, managing director of Robert Half Singapore, in a press release.

The Robert Half survey was participated by 75 CFOs.
 



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