There has been a shift in the recruitment market, with a 15 per cent increase in demand for interim managers, as reported by the Interim Management Association (IMA), in the first quarter of 2014.
The financial services industry takes the lead, accounting for 45 per cent of interim appointments in the private sector in Q1, according to the IMA.
FMCG specialist recruitment company, Cast UK, is seeing this trend mirrored in its clients’ recruitment strategies, with exponential increase in interim managers across its sector specialisms, peaking in FMCG/Retail which has seen a 45 per cent surge this year alone.
The rise in demand for interims is also reflected in the CIPD’s 2013 survey, Resourcing and Talent Planning, which reported that three-fifths of companies surveyed believe that the economic environment will increase demand for interim and contract workers.
It’s also worth noting that the rate of change within businesses is creating a mismatch between the skills required by businesses and the talent available in the labour market.
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