New fixed term contract opportunities to follow tough time for interims

The executive interim market has been transformed over the past year by a combination of IR35 and Covid-19.

Many larger businesses have effectively ended interim contracts outside IR35 based on a day rate in favour of fixed term contracts, in response to the changes to the off-payroll rules now due in April 2021.

Coupled with the huge economic disruption this year caused by the lockdown and ongoing social distancing requirements, it has been a tough time for interims.

The positive news is the emergence of new opportunities for fixed term contracts, which bring their own advantages including longer term benefits such as length of contract and performance bonuses.

This growth in demand is largely as a result of companies needing to restructure and transform their business operations.

The end of the furlough scheme this autumn will inevitably lead to further significant executive movement as businesses look for ways to cut costs, and growing demand for experienced interims who are immediately available.

HW Executive Interim provides experienced and talented interim and change management executives to PLCs, large private companies, SMEs and private equity backed organisations for assignments in the UK and overseas.

Working alongside the Executive Search business we adhere to the same principles and high standards, enabling us to source the ideal interim to match our client’s needs.

Our key values are based upon a foundation of openness and honesty, with an underlying spirit of tenacity and professional pride, placing the needs of both clients and interims as our top priority.

Networking nationally, we are regularly meeting new candidates. Our extensive database of interim executives has been carefully selected, thoroughly vetted and referenced so that we can be certain that they will be well matched to the challenges and culture of the client.

Increasingly our clients are achieving enhanced value to both their businesses and their bottom lines; utilising experienced interim executives on a flexible resource basis, injecting them into their organisations for just a few months to lead and guide their teams through periods of challenge and change.

An interim may be sought to fill a gap caused by extended absence or be introduced to transfer talent, knowledge and skills to your existing team. The currency our carefully selected interims trade in is successfully completed projects and delighted clients.

If you would like to discuss your interim management needs, please contact HW Interim MD John Wakeford at [email protected] or on +44 (0) 113 243 2004.