Wednesday, 25 January 2012

Permanent v Interim Management: Which is Most Suitable for your Company?

By Ruth Williams


Deciding to employ a new member of staff requires careful consideration as it is a big commitment. Weigh up the options between interim and permanent recruitment with this aid of this article.

We are living in tough times and companies are constantly striving to improve and streamline their working processes to keep up with the ever-changing trends. How you deal with the current situation can be the difference between growth or decline. The first to successful recruitment is establishing what your goals are, then you will be able to recruit the most suitable staff.

Decide whether it is a long term solution which you are looking for or just someone to implement a change or help the business get back on track. People go down the road of employing permanent staff as they assume this is the only option to ensure longevity and security.

The employment of a permanent member of staff comes at a fixed long term cost, this may not be a viable option for some companies. If permanent recruitment isn't an option there is another approach which may be more suitable. This is where interim management comes in.

Interim management may be best for your business for lots of reasons. One example may be if the company has specific shorter term needs or a particular end result in mind (together with an idea of the process required to achieve the result). In which case, they would benefit from having the expertise of an Interim Manager who has exactly the required amount of knowledge and experience to put the right strategies in place that will ultimately achieve the desired results in a shorter space of time.

Regardless of whether you take on a permanent or an interim manager, it is going to cost your company money. However, it is worth considering what you want to achieve before you decide which is best for your business. If you need additional information or reassurance it would be a good idea to speak with a specialist recruitment agency or other companies who have been in a similar scenario. They may be able to shed some light on whether you require interim management or a more permanent solution. Having a greater understanding of the different management types will help you move closer to achieving your goals.




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