Most C-suite executives at enterprise companies are bearish about the United States economy, according to recent research from West Monroe.
The report was based on a quarterly poll of at least 250 C-Suite executives. This edition of the poll was conducted between April 22-30, 2022. To be included in the survey, respondents needed to have a C-level title at a company with at least $500 million in annual revenue.
Some 55% of executives surveyed say they are bearish about the prospects for the US economy and 44% say they are bullish.
CFOs and executives located in the Midwest are especially bearish about the economy.
C-suite executives say they are feeling the impact of inflation most on wages (70% cite) and recruiting/talent retention (58%).
Respondents say they are struggling to recruit talent at all levels. Recruiting front-line workers and back-office workers is most difficult.
C-suite executives say their biggest struggles with hybrid work are maintaining a company culture (70% cite) and bringing employees back on-site (56% cite).
About the research: The report was based on a quarterly poll of at least C-Suite executives. This edition of the poll was conducted between April 22-30, 2022. To be included in the survey, respondents need to have a C-level title at a company with at least $500 million in annual revenue.
Enter your email address to keep reading ...
Career Management Articles
You may like these other MarketingProfs articles related to Career Management:
- What Americans Value Most in a Job [Infographic]
- Why Tone Matters More Than Ever in Business Communication
- LinkedIn Data: The 10 Most In-Demand Marketing and Sales Skills
- What Will Work Look Like in the Future? [Infographic]
- The 'Cringe' Buzzwords Used Most in LinkedIn Job Posts [Infographic]
- The 30 Companies That Produce the Most Startup Founders [Infographic]