Buyers help keep interim fees down

24 August 2005
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25 August 2005 | Rebecca Ellinor

Interim purchasing managers are commanding close to £500 a day for their services, a survey has revealed.

However, the increased role of procurement departments in HR means buyers are helping to keep down rates for their interim colleagues.

Results of the half-yearly review by recruitment agency Russam GMS, showed that the average daily rate for both full and part-time purchasing professionals on interim assignments is £489, an increase of £13 on December's figure.

The average daily rate for all sectors, including general management, finance, IT, engineering, HR and sales, was £518, up from £513 in December.

However, Charles Russam, chairman of Russam GMS, said increased purchasing involvement in hiring interim staff is applying downwards.

"The recruitment of interims tends to go through the HR department but they are increasingly influenced by what is happening in purchasing or purchasers are involved and we're seeing the effects of their work in terms of daily rates for any type of interim being kept down."

Mark Piercy, a senior procurement interim professional, said: "You now have purchasers working against you, because more are involved in the recruitment process."

He added that firms are also approaching more than one agency to secure competitive bids for interim work and increasingly try to enforce fixed fee rates.

"They have a fixed level in mind and don't expect to have to pay more," he said.

The study also noted that of all sectors, those in purchasing or IT were most likely to get their position through an agency. Thirty per cent of purchasing and supply professionals found assignments through a provider rather than look for work themselves.

The survey, compiled from more than 1,000 replies, was carried out in June and July.

SMaug2005

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