Increase in daily rates for some interim managers

With signs that the worst of the recession is over, new research has revealed that the average daily rate for interim managers fall by just GBP10 from an all time high of GBP611 in December 2008.

Even more encouragingly, the study by a major interim recruitment company found that pay rates for part time interim managers actually increased from GBP600 to GBP602, indicating that companies were still working with Interims but in a more flexible way to suit their tighter budgets.

There were pay rises for sales and marketing specialists who saw their daily rates increase 12% from GBP527 in December to GBP592 in June this year whilst interims working in the pharmaceutical sector also saw their rates shoot up.

Pay rates stood up well in the public and third sectors too. The average daily rate for Interims working in local government increased by 5% and those working in not for profit organisations and charities saw their pay increase by 8% from GBP464 in December 2008 to GBP499 in June 2009.

What's more, while interim activity in the market declined by 4% in the six months from January to June this year, it compares favourably with the 11% drop in activity recorded in the six months from June to December 2008.

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