Opportunities up but pay drops for charity interims

Finance | Tania Mason | 28 Jul 2010

The average pay of interim managers working in charities has fallen by 11 per cent over the last six months, according to the latest survey by Russam GMS.

Daily pay rates for interims in the sector fell from £521 last December to £460 in June.

This compares with pay increases of up to 20 per cent for interims in other sectors – HR specialists saw their average daily rate jump from £547 in December to £614 in June and the supply chain and utilities sectors recorded increases of around 20 per cent.

However, interims working in finance and IT also recorded falls, of 2 per cent and 5.7 per cent respectively. And those in sales and marketing swallowed cuts of 14 per cent, from £608 to £502 per day.

Yet the drop in pay comes against a backdrop of more plentiful positions for interims in the charity market, according to Russam’s head of charities Ian Joseph (pictured).

“There’s been a real spike in demand,” he said. “The first five months of this year saw us convert as many assignments in the charity sector as in the whole of last year.”

He attributed this to more interims coming onto the market as a result of restructurings and redundancies and more charities seeing the interim option as value for money.

Joseph added there were more part-time roles available than full-time but there was a trend towards more full-time posts becoming available.

Overall market activity rises

Overall activity in the interims market was up by 11 per cent, indicating that the market is recovering from the recession.

However, the agency’s chair Charles Russam said the recovery is likely to be affected soon by public sector job cuts and their ripple effects through the rest of the economy.

“Many providers have already seen a marked reduction in opportunities coming out of central government and to a lesser extent healthcare but local government still seems to be holding up. In the private sector financial services are putting more work out to interims and the charity sector – now renamed civil society – is busy although funds are still tight.”

Directory: Russam GMS

Comments

[Cancel] | Reply to:

Name *

Email *

Organisation

Job Title

Comments *

Verification *

* Please read our Community Standards

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

Robust but respectful debate
Strongly held opinions
Intelligent relevant discussion
The sharing of relevant experiences
New participants

We will not publish:

Rude, threatening, offensive, obscene or abusive language, or links to such material
Links to commercial organisations or spam postings. The comments board is not an advertising platform
The posting of contact details for yourself or others
Comments intended for malicious purpose or mindless abuse
Comments purporting to be from another person or organisation under false pretences
Gratuitous criticism, commentary or self-promotion
Any material which breaches copyright or privacy laws, or could be considered libellous
The use of the comments board for the pursuit or extension of personal disputes

Be aware:

Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
Comments left by others may not be accurate, do not rely on them as fact
You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

Enjoy the opportunity to express your opinion and respect the right of others to express theirs
Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.