Market Impact Insight from Your Professional Peers

For our Florida and Michigan Finance Practices, here is what we are seeing:

• Many of the “essential businesses” are doing well and even thriving; logistics, food distributors/retailers, mortgage companies, other financial services organizations, pockets of tech, and some healthcare organizations specifically in manufacturing.
• Strong finance and data analysts either are or have become among the most valuable resources a company has in this market.  Also, functions like Payroll, Credit & Collections, Operational Finance, and FP&A professionals are as valuable as ever.
• Most companies are preparing for liquidity through different means to “weather the storm” and emerge.
• Many leaders believe we will have a “V” like recovery assuming unemployment does not remain high for a prolonged period of time.
• All companies that are hiring are conducting video interviews and some are making hiring decisions without an “office visit”.
• Companies are trying to position themselves as “best in class” or working on a “value proposition” so they are able to capture market share when markets normalize.
• We are talking with many candidates that are getting their resume “ready” in case they need to make a move – we are seeing this at all levels across the board.