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HR interim managers soar ahead as confidence reaches new high

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Interim managers in the HR sector are buoyant about the economy and believe that business is forging ahead with equality, environmental and age issues.

These are the findings of Boyden Interim Management who found confidence to be at an all time high. The majority of interim managers (82 per cent) said their employers were as confident, if not more or much more confident, than the year before. Amongst those with an HR function, this rose to a staggering 96 per cent.

Interim managers say the survey authors are typically brought into deal with change programmes (15 per cent). Key sectors in which they operate include manufacturing (23 per cent), retail (18 per cent) and financial intermediaries (14 per cent).

A typical interim executive will charge £120,000 per assignment whilst interim managers earn between £500 and £1,000 a day (equivalent to a full-time salary of £75-£150,000 per year).

Interim managers working in different sectors revealed differences of opinion, however, when it came to how key issues are being tackled.

Whilst 80 per cent of those in the public sector believed that their organisations embraced an all-inclusive policy, only 48 per cent felt the same in the non-public sector. This is 61 per cent according to the HR interim managers polled.

And three-quarters of HR interim managers agreed or strongly agreed that women were treated fairly compared to men. The most positive result of all groups surveyed. In the finance sector, a third of the women disagreed with this.

Whilst an impressive 71 per cent of public sector respondents believe that good environmental measures are in place at work, just under half said the same was true for the non-public sector. A figure that changes to 55 per cent amongst the HR interim managers.

Sixty-eight per cent of HR interim professionals agreed or strongly agreed that correct age and employment procedures are used in industry, a figure that equates to an overall 63 per cent for all respondents quizzed.

Nick Robeson, CEO of Boyden Interim Management, said: “The survey results are extremely encouraging for the interim management industry. We have seen that the majority of interim executives were securing more contracts than the previous year and with over two thirds earning 16 per cent more and some earning up to 25 per cent more.

“There is a big change happening in the interim management field,” he added. “More and more professional executives are turning to an interim career as their profession of choice. They enjoy a fast-paced and demanding lifestyle, are judged on their ability to deliver, can cut through corporate politics and thrive on challenge. They’re great achievers, great added value and great catalysts for change.”

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Annie Hayes

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