Employers are paying HR contractors a fifth more than their own personnel staff, according to exclusive research for Personnel Today.
The findings also show more than a third of companies surveyed pay performance-related bonuses for projects completed by contractors.
Eight out of 10 companies use interim HR professionals to top up existing skills in the personnel department, filling a short-term gap or working on a project.
“Given the increase of career contractors and the new willingness of HR professionals to consider interim roles, we anticipate even greater flexibility and tailoring of remuneration for contractors,” it concludes.
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At the survey launch last week Mark Childs, director of global compensation and benefits at Fidelity Investments, said this was a significant increase. “Interim HR managers are being used as a top-up to cover workload peaks and also people are used as an expert resource,” he said. “For example they are used in the increasing number of mergers and acquisitions.”
• The survey was carried out by Salary Survey Publications. A summary, produced in association with TMP Worldwide, comes free with this issue.
