What do people think the interim marketplace is like at the moment? Is it tougher than normal to find an interim assignment? Has the cut-backs in the public sector started to have an impact?
Question asked by Paul Middlebrook on 2010-07-03 15:58:20 +0100
Hi Paul. I don't believe the cuts in the public sector have yet to have a real impact on some of our interim managers as many are still in assignment. I imagine the landscape will change significantly in the coming months as the cuts gather momentum and start to bite. The overall market for interim managers in the public sector will shrink considerably over the next 12 months- I can not possibly imagine any other outcome. Those still working within the public sector will be focused on cost reduction. Yes – many will be earning up to £1000 per day but this will be a drop in the ocean compared to the cost reductions that they will be achieving. Doug Baird- Interim Partners
PS – Keen to hear the view from other public sector orientated interims.
Answered by Doug Baird on 2010-07-08 16:28:00 +0100
I don't know what others have found but I run almost exclusively in the private sector and their the feeling is of cautious optimism with many seeing harmony breaking out in the government.
Answered by Andrew Dobson on 2010-07-15 10:58:03 +0100
Much harder to find the right placement - both in time and scope. I'm mainly in public sector (although right now in private), and they are driving down rates.
Answered by Sean Barnett on 2010-07-16 12:10:43 +0100
I have been contracting in the public sector since early 2008 - before that I was in manufacturing (finance is my background).
I can now see, after this stint, that my work here is likely to end 'before the start of the new financial year' AND my rate after Christmas will be under pressure. I can't complain, after having worked in the public sector while the private sector was at its worst.
I am now trusting that my vast private sector manufacturing finance experience will allow me to make the move back just as seamlessly as I moved to the public sector in the first place.
Time will tell, but there's quite a bit of pressure where I am now.
Answered by Rob Bell on 2010-12-08 12:43:27 +0000
Work has completely evaporated within the public sector and the agencies that once provided contracts are having to completely remodel their offerings - even then they are not getting any/many leads that convert to assignments. It's very dull but hopefully things will pick up once new budgets are agreed?
Answered by Bradley Wright on 2011-01-20 17:40:01 +0000