The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Demand for interim managers at highest point since 2001

Demand for interim managers is at its highest since 2001, with average daily fees by up to 7.5% at £513 compared with December 2003. A new industry survey carried out by Russam GMS end-December 2004 reveals that engineering and manufacturing are the leading sectors to use interim managers accounting for 19%.

 

The survey covers, among other areas, interim managers on assignment full and part-time, daily rates in different sectors, types of assignment undertaken and the age of interims. The survey shows that interims are getting younger and that younger interims earn higher fees. Those in their forties get the highest pay whilst those in their fifties get most work.

 

Average daily fees are £513 but for general managers the rate goes up to £548 and for financial managers £532. Fees in the financial sectors top the list at £596, followed by telecoms at £561, retail at £554 and construction at £540.

 

Interim managers are most in demand by organisations going through transition or change. Highest demand is for specialist skills 22%, new strategy 16%, restructuring 14% and mergers and acquisition 6%.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree