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Finance businesses worldwide struggle to recruit and retain talent, according to Robert Half

Financial leaders across the world report difficulties in finding skilled staff and are growing concerned about their ability to hold on to their best employees, according to a global survey of 6,000 respondents.

According to the Robert Half Global Financial Employment Monitor globally, two-thirds (67%) of respondents said it is either very or somewhat challenging today to find skilled accounting and finance professionals for certain jobs.

Those surveyed also are more worried about keeping top performers than they were a year ago. Fifty-six per cent of financial leaders said they are at least somewhat concerned about retaining their staff in the coming year, up from 45% in 2010. UK executives are similarly concerned about the threat of losing top performers with 54% saying so in 2011, compared to 52% in 2010. Phil Sheridan, MD of Robert Half UK, said: "It's clear that the accounting and finance employment market is in a state of transition, with reported difficulties finding skilled staff and a growing concern among senior executives of how best to hold on to their star performers. Finding and retaining skilled professionals has become increasingly challenging, and candidate shortages are emerging in some specialist finance areas." The areas identified across the 19 countries as the hardest to recruit for are finance, accounting and operational support (e.g. accounts payable and payroll positions). Likewise in the UK, executives also indicate that finance roles are the hardest position to fill, followed by accounting and then audit. The Global Financial Employment Monitor, based on the results of a survey developed by Robert Half International and conducted by independent research firms, includes responses from more than 6,000 financial executives and managers across 19 countries: Australia, Austria, Belgium, Brazil, Canada, the Czech Republic, France, Germany, Hong Kong, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States.