Challenging year for interims

3 February 2009

03 February 2009 | Paul Snell

The market for interim managers in procurement has slowed over the past few months as companies put projects on the back burner.

But recruiters expect the market to pick-up soon as companies can no longer delay necessary projects.

"2009 is going to be a challenging year in many ways and while the need for procurement interims is still likely to continue, it is going to be a competitive market. For the first time in a long while, organisations will have much more choice," said Emma Crichton, business manager at Capita Interim Management.

"The market has slowed down in the past few months. The number of jobs is down, but pockets of the market are recruiting," added Julie Anderson, head of interim at Purcon. Both added that there were still opportunities for interims, in particular in the local government and public health sectors.

Most recruiters agreed candidates would face a competitive market. "Good interims are in demand, but they need to prove their delivery and flexibility," said Giles Sinclair, interim resource director at CIPS-GPA.

"Candidates are becoming more flexible in terms of rates, because there are seven or eight people in competition for each role," said Matt McInerney, procurement recruiter at The Interim Register. He added he had seen day rates fall to an average of £750, although some interims are still able to demand far higher prices.

And according to Steven Deverill, consultant at Langley Search and Selection, competition means companies can be more selective about candidates: "Before they were looking for 80-85 per cent of the job specification, now they can look for 100 per cent."

But all recruiters were optimistic about the prospects for the market in the upcoming months. "First to recover will be the interim market", said Deverill. "When projects are on hold, the pressure builds. We can expect a sharp increase in projects out there in quarter two."

The market for interim managers in procurement has slowed over the past few months as companies put projects on the back burner.

But recruiters expect the market to pick-up soon as companies can no longer delay necessary projects.

"2009 is going to be a challenging year in many ways and while the need for procurement interims is still likely to continue, it is going to be a competitive market. For the first time in a long while, organisations will have much more choice," said Emma Crichton, business manager at Capita Interim Management.

"The market has slowed down in the past few months. The number of jobs is down, but pockets of the market are recruiting," added Julie Anderson, head of interim at Purcon.Both added that there were still opportunities for interims, in particular in the local government and public health sectors.

Most recruiters agreed candidates would face a competitive market. "Good interims are in demand, but they need to prove their delivery and flexibility," said Giles Sinclair, interim resource director at CIPS-GPA.

"Candidates are becoming more flexible in terms of rates, because there are seven or eight people in competition for each role," said Matt McInerney, procurement recruiter at The Interim Register.He added he had seen day rates fall to an average of £750, although some interims are still able to demand far higher prices.

And according to Steven Deverill, consultant at Langley Search and Selection, competition means companies can be more selective about candidates: "Before they were looking for 80-85 per cent of the job specification, now they can look for 100 per cent."

But all recruiters were optimistic about the prospects for the market in the upcoming months.

"First to recover will be the interim market", said Deverill. "When projects are on hold, the pressure builds. We can expect a sharp increase in projects out there in quarter two."

SMfeb2009

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