Pay Increases for Accountancy Interim Managers
Permanent hires and interim pay increased in the first quarter of 2012 according to a recent report from the REC (Recruitment & Employment Confederation) and KPMG. Alexander Lloyd’s Interim Management team are pleased to report that in the South East this trend in increased remuneration levels is being seen, and importantly, the opportunities in the market place are consistently maintained.
Organisations continue to see the value of senior interim finance professional. Indeed their value in the eyes of employers appears to be increasing, as demonstrated by the new report’s announcement of a rise in pay levels.
Alexander Lloyd has seen senior interim positions becoming available particularly in the financial services sector, in a range of specialisms from FP&A, to tax, to Solvency II Analysts. Financial services was one of the quickest sectors to demonstrate recovery from the 2008/9 recession in the South East, and the team report an anecdotal increase in both project and holding roles where a senior career interim is brought in to provide cover until a permanent incumbent is secured, lasting on average a period of three to six months.
What's in store for 2012?
It is anticipated that the number of opportunities in the market will maintain its current level for the balance of 2012, and unlikely that the current trend in pay levels will reverse and begin to decline.