NO ESCAPE FOR INTERIMS IN RECESSION

Although the average daily rate for an interim has risen by 1.5 percent, from £603 to £612 a day, interims operating in the financial sector have experienced a drop in average daily rate of four percent.

Charles Russam, founder and chairman of Russam GMS, commented: “The slowdown in the number of assignments is probably an accurate reflection of the market right now and, unfortunately, no surprise. There remains a strong demand for interims in many sectors including central and local government, the NHS, education and in the not for profit sectors in particular.”

The findings also report that more interims are considering taking permanent roles for greater job security or hoping their interim role becomes permanent.

However, Charles feels confident that business will recognise the value interims can offer to projects, saying, “Our experience has shown that businesses will see interim managers as a highly flexible, cost effective resource particularly if they don’t have the budget for permanent hires.”

 

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