Interim Bonanza

Interim bonanza

Demand of HR interims had risen in the shaky economic climate but while there are more assignments available, some professionals still sound a note of caution.

Economic downturn seldom produces winners, but one sector of the recruitment industry is experiencing a boom.

“Demand for experienced interim managers is up by nearly 10% on this time last year,” says Louise Davies, HR resourcing director at Ochre House. “In fact, demand is higher than I have seen for more than 20 years.”

The theory that nervousness about hiring full-time staff favours those seeking short-term placements is given credence by Davies’s statement. But to what extent should interims be cashing in, and how long will this bonanza last?

The big news is that 78% of interims believe their work will either hold steady or increase (with half of these expecting to be more busy), despite the economic downturn. Nearly half (44%) of respondents said they had been presented with four to seven opportunities in the six months to July, with a further 12% receiving between eight and 11 requests. A third of respondents said this was an increase on the same period last year, and only 20% said job request have been declined.

Posted by Ochre House