Recent findings from an Oasis HR report highlight a dramatic surge in the volume of mid-to-senior level interim HR opportunities over an 18 month period. The statistics reveal a significant increase of 43% for all interim HR requisitions and come at a time where the Guardian reports a 6.6% reduction in UK unemployment; the lowest it’s been since early 2009.
Our findings are reflective of the first six months of 2013 vs. 2014 (January – June) and also demonstrate that despite the impressive uplift in interim HR assignments, permanent opportunities have remained steady and only evidence a 1.2% increase across the same period.
Further notable findings reveal:
- A 300% increase in interim business transformation and change roles
- A 125% increase in interim resourcing and recruitment focused roles
- A 25% reduction in our ‘time to fill’ across all interim hiring activity; most likely a reflection of increased client urgency and the quickening pace of the market.
Whilst a sizable increase for interim recruitment opportunities was noted (125%), it was apparent that day rates actually decreased by 3.5% bringing the average down to £315pd for interim resourcing specialists. What’s more a wider industry report, released by classified ads search engine Adzuna, highlighted that average salaries across the UK had decreased by 5.3% over the last 12 months; further evidencing a disparity between the increasing number of vacancies and earning potential.
Christian Thomas, Interim Team Leader at Oasis HR comments:
“Having joined Oasis HR in May this year to head up the Interim team, it’s fantastic to see such a strong increase in the number of interim requisitions on our books. Coupled with an increased appetite for the ‘professional contractor proposition’ and the wider evidence of a positive ‘recruitment forecast’; the rest of 2014 promises to be very exciting! In 2013 our interim offering accounted for just 20% of our workload and now in 2014, it stands at 30% which is great from my perspective.
“One of my key observations is that we’re really beginning to see a trend in the types of skills required of HR interims, with change and transformation professionals being in strong demand as well as a clear need for individuals with solid exposure to HR systems. A clear priority for me is to continue building and strengthening our talent pools in these high demand areas to guarantee a swift turnaround for clients.”