CFO Survey: How CFOs are navigating a changing market
Our exclusive survey shines a spotlight on startups’ plans for riding out the downturn.
The survey was fielded in May, some six months after the Nasdaq began its retreat, capturing CFOs’ outlook during a time of high volatility. As the economic backdrop continues to shift, their outlook could shift as well. If, for example, the pace of layoffs across the industry accelerates, concerns about hiring, retention, and labor costs could become far less pronounced. (You can explore the full survey results, and filter by region, sector, and stage, with our interactive data experience.)
The survey highlights some compelling findings, as well as nuances and regional differences. What’s clear is that as CFOs look ahead to rocky financial times, they’re having to make tough calls, particularly around hiring, while continuing to hit financial targets. Five key insights from this survey will help point the way:
Issues that companies said will have an impact on business in 2022
“Managing uncertainty is par for the course now. The current COVID-19 lockdown situation has caused a three-week delay in our operations, but we’ve been able to manage given our experience with the first set of lockdowns.”
How long CFOs expect inflation to last
Companies that expect talent costs will impact their business
By region
By stage
We hired a lot in the last six months and had to pay more than anticipated. For now, we’ve paused hiring other than for mission critical roles.
Companies planning to increase cash compensation in 2022
By region
By stage
“We’ve been aggressive on hiring in the US, as when there’s fear and uncertainty in the market, it’s a good time to step on the gas. Strong candidates, especially on the sales side, are eager to join high-growth companies with opportunity.”
