Interim Management What You Need to Know

By: VMA Group

During times of change, transition or financial uncertainty it is not uncommon to hire a temporary or interim employee. VMA Group provides a range of recruitment services for clients who have a variety of needs. They specialise in HR and corporate communications recruitment and can assist you in finding an Interim Manager.

Interim management is an extremely useful employment solution, which allows a company to utilise the skills and expertise of a seasoned professional manager, on a non-permanent basis. Interim managers work independently and charge a daily rate for their service. The daily rate for hiring an interim varies, but it tends to be higher than a regular salary. This is simply because interim management roles are normally filled by over-qualified individuals and, by being an interim employee, are exempt from regular employee benefits.

Hiring an interim manager can be beneficial to our clients because they are available at short notice and, being so over-qualified, they can truly excel in their role and positively turn things around for a company during their time there. Some of their main experience involves being a decision maker and driving a mix of strategic and tactical skills. They have the ability to manage budgets and teams of people effectively, making themselves a crucial part of the team while still retaining some independence. What’s more, their extensive experience enables them to develop a current team’s skills through a hands-on coaching approach. In addition, interim managers are not seeking permanent employment, so there will be no expectations and pressure on the hiring company to consider offering full time employment.

This characteristic is the main differentiator between interim employees and freelancers. Freelancers are experienced professionals who will take on temporary work while they look for a permanent job. Freelancers are more suited to tactical, ‘caretaking’ roles, normally covering an absence in the team. They are supportive with extra workloads while a company works to find a suitable permanent employee. They tend not to have management or budgetary responsibilities but they are often taken onto a company’s payroll, which can impact headcount, unlike interim management roles.

VMA Group has both interim and freelance jobs and candidates available in the communications and HR industries. In addition, their specialist consultants have an in-depth knowledge of the marketplace, built up after years of experience, which can ensure that clients get the best interim manager candidate.

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VMA Group London 23 Bedford Square London WC1B 3HH T: +44 (0)20 7436 4243 E: [email protected] Web:

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