Interim managers and umbrella company contractors may be planning to leave the UK in droves if the results of a recent survey by Russam GMS are to be believed.
Contractors may be interested to learn that interim managers working in financial services have been enjoying lucrative pay rates over the last six months.
Interim managers who work through an umbrella company should have noticed an increase in demand for their services towards the end of last year, mainly from the financial services and banking sectors.
Umbrella contractors might be interested to learn that the REC’s legal helpline has been swamped with calls from members querying the implementation of the Agency Workers Regulations, which come into force today (Saturday, October 1st).
Only 25% of temporary workers in London saw a decrease in the number of freelancers and umbrella company contractors in the companies they worked with last year.
Umbrella company freelance managers have a vital role to play in encouraging small business growth and profitability, according to Doug Baird, the MD of Interim Partners.
Contractors working in the retail sector have seen their rates slashed since the recession began, according to Interim Partners’ director of retail and consumer.
Umbrella company contractors will be pleased to hear that the first two quarters of this year saw a 9% increase in the use of interim managers, according to the latest Ipsos MORI survey findings, and 52% of all interim assignments were in the private sector.