'More interim managers' needed in financial services

Within the financial services industry, interim managers are in high demand, according to the results of a new survey.

The latest Russam GMS Interim Market Monitor reveals that interim employees in all sectors are being paid record rates, with the average receiving £585 for a day's work during June.

Additionally, interims saw a rise in the number of assignments they received, with a five per cent increase compared with the same period in 2006.

Financial services is one of the sectors which has seen the sharpest rise in interim recruitment, the data indicates.

Chairman Charles Russam explained that the high levels of activity are fuelled by positive factors.

"The prime driver for this boom is strategic business change, rather than the more commonly perceived needs of gap-filling and crisis management assignment," he remarked, according to Recruiter.

The magazine also recently reported that the number of financial services jobs grew during July.