Why Interim Hiring Will Soon Be Big Business in the U.S.

Hunt Scanlon Media, a leader in human capital sector information, recently covered the trend for interim executive staffing and why it’s a valuable game changer.

Overseas, hiring interim talent for short term leadership needs has been a compelling option for companies for years. According to recruiters who specialize in the space, interim recruiting is big business – and getting bigger. It generates around $2 billion annually in just the U.K. alone.

British search out fit Norman Broadbent which recently raised $3 million to expand its interim business, offers clients the ability to fill talent gaps with high-caliber executives and provide opportunities for workers who seek to utilize various skills, build relationships with different organizations, and explore career options. It’s been a win-win proposition for years for the firm, which now plans to expand the service.

People use interim to fill a gap, It might be a short-term need. It might be a maternity leave. Somebody’s sick. We tend to be more involved in strategic interim needs.

Mike Brennan

Norman Broadbent Group, CEO

Patina Solutions is hosting a one-hour webinar providing insights and lessons from four US-based manufacturers.

StevenDouglas a top boutique search and interim firm in the U.S., maintains a large interim business in the U.K. “We realized about 10 years ago we were turning away a lot of business,” said StevenDouglas chairman and CEO Steven Sadaka. Of the $43 million in revenue his firm took in last year, over $34 million was derived from its interim division.