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Latest News

Interim role attracts senior HR professionals

by Personnel Today 18 Apr 2002
by Personnel Today 18 Apr 2002

Senior
HR professionals are increasingly considering interim management as a career
according to a survey which also reveals that 75 per cent of interim HR
managers have chosen to work independently in the last three years.

The
study by Interim Performers also reveals that the increase in use of interims
is most marked in the IT, telecoms and financial services sectors.

Nearly
80 per cent of the 141 interims surveyed are recruited to complete a distinct
project and 64 per cent are employed to deliver additional expertise to a
business.

The
research shows that 87 per cent of interim HR managers prefer projects lasting
three to six months, more than 70 per cent of respondents reveal that the
variety of interim management is its biggest attraction, 55 per cent think it
is the challenge of the job, 33 per cent cite the absence of office politics
and 25 per cent are attracted by the rates pay.

Julia
Meighan, CEO of Interim Performers, said: "The findings clearly indicate a
move towards the use of interims as a strategic resource, irrespective of the
size or type of business involve. These people are a new breed ñ they are
professionals undertaking a critical role and they thrive on making a
difference."

The
study shows that the greatest growth is in middle to senior management interim
professionals in the £40,000 to £70,000 salary band.

Almost
66 per cent of HR interims earn more £50,000, but women earn less than men. And
while 56 per cent of women earn in excess of £56,000, the comparative figure
for men is 71 per cent.

For
75 per cent of interims the main downside of their role is concern over finding
assignments, while 48 per cent highlight a lack of financial security, 30 per
cent loss of benefits and 18 per cent, a lack of training opportunities.

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www.interimperformers.com

By Ben Willmott

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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