Issue link: https://epubs.iltanet.org/i/83718
www.iltanet.org 18. Under what circumstances do you engage consultants? 46% Special skills/knowledge 8% Other 33% Emerging/new technology 5% Staff augmentation 8% Staff backfill 37.5% 25% 37.5% 21. What is your outlook for economic conditions in the coming year? 25% I am optimistic that we will return to pre-2008 conditions 37.5% I believe the effects of the down turn will continue through the coming year 37.5% I believe economic conditions have changed permanently 19. What are your options for managing staff workloads? Hire temporary staff Pay overtime Request help from other departments Re-prioritize work Other 0 11 29 12 23 22. What is your outlook for finance staffing over the coming years? # of Responses I am optimistic that we'll return to prior levels of staffing I am optimistic that we'll return to prior levels in the future I don't think we will ever see a return to prior levels I think we'll continue to reduce staff Our firm's finance staffing levels have not changed since the economic downturn 20. Are you reducing staff through attrition? 18 12 Our firm's finance staffing levels have increased since the economic downturn 0 1 5 1 17 8 Percentage 0% 3% 16% 3% 53% 25% 23. Does your firm support continuing education? Yes with both time off and reimbursement 2 Yes No We look carefully for alternatives before replacing staff who leave the firm Yes with time off only Yes with reimbursement only Yes, but only for senior management No 0 5 5 6 15 10 ILTA White Paper