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.
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.