UK firms are hiring more interim managers and for a longer period too, according to provider of interim managers Interim Partners.
 
Ipsos MORI research shows numbers of interim managers increased 13% from Q4 2010 to Q1 2011.  

Meanwhile, the average length of an interim assignment was 177 days in Q1, up from 136 days in the same period last year.
 
Doug Baird, managing director at Interim Partners, says: “We’ve seen a really strong pick-up in demand, as companies have started to be more confident in their hiring at senior manager and director level. They are hiring more interims – and hiring them for longer.
 
“Demand is rising fastest in the City, where financial institutions that de-layered and chopped out a whole level of senior management in the recession now need experienced managers to deliver strategic change programmes or just to grow.”