The interim management sector is recovering with typical daily rates increasing from around £600 in 2010 to £638 in 2011, according to the Institute of Interim Management (IIM) Interim Management Survey 2011.

The survey also shows the number of new projects has increased with 60% of respondents reporting that they were currently “on assignment”, compared with just 51% in 2010.

Almost two thirds of interim managers say they are engaged specifically for their change management or other specialist skills, while 10% are engaged for business turnaround.