Interim management market sees slowdown

first_imgInterim management market sees slowdownOn 5 Nov 2002 in Personnel Today The interim management market has shrunk by 8 per cent over the secondfinancial quarter. Daily rates have stayed the same, but interim management providers’ share ofthe market has worsened as some interims have started to bypass providers andsell direct to clients. The Russam GMS quarterly snapshot of the interim management market showsJuly and August were slow, as expected, and an upturn in September failed tohappen. It reveals that last quarter’s increase in part-time interim managementhas been reversed and is now 34 per cent of all interim work carried out, downfrom 38 per cent. The snapshot also reveals the average daily rate has not changed at £489,but masks significant regional variations. The average rate for HR interims is£456, down from £477 a year ago. The research shows that 47 per cent of interim managers were on assignmentat the end of September 2002, compared with 51 per cent three months previouslyand 51 per cent at the same time last year. Of interims on assignment, 38 percent were introduced to clients by providers, compared to 40 per cent for theprevious quarter. www.russam-gms.co.ukInterims’ daily rateSouth of England:          £558Central England:           £492North of England:         £473 West of England:          £424Source: Russam GMS Previous Article Next Article Comments are closed. Related posts:No related photos.last_img read more