CEO Confidence Climbs in March. Corner office confident on hiring conditions, current prospects. Plus, CEOs prefer private companies, say public CEOs deserve pay premium.
The Chief Executive Magazine CEO Confidence Index continued it's strong rise over the past year, increasing by 3.1 points to 175.6. The Index currently stands a mere 6.8 points below it's highest level of 182.4 back in January of this year. January's confidence marked the highest level seen in CEOs since 2002. One CEO surveyed remarked, "The economy is strong and will continue growth and improvement in the next few months."
This month's rise in confidence was fueled mainly by the Employment Confidence index, which rose by 4.5 points to 189.7. Over half of CEOs surveyed (54%) ranked current employment conditions as good. This number was the highest portion of CEOs to be so bullish on current employment conditions since 2002. Said one CEO regarding the current strength of the economy, "business is booming and we are having a hard time finding employees."
See full Article.
Posts
