Increasing numbers of professionals are choosing interim management - and don't want to go back

The European interim management market is growing rapidly. More and more professionals are consciously choosing flexibility, variety and impact in their careers. A recent survey by global talent solutions specialist Robert Walters shows that the move from a permanent job to independent status is well-considered - although there are some doubts. But for many, the advantages outweigh the concerns. Asia Skifati, Director at Robert Walters interim management, outlines the key trends. 

Doubts remain, but not for all

Although interim management is gaining popularity, it appears that interim managers surveyed by Robert Walters had doubts before their move to self-employment. “54% of respondents said they were mainly unsure about the availability of assignments and the risk of long periods between projects,” Asia explains. “This is by far the most significant barrier.”

Other concerns and doubts:

• Financial insecurity (17%) 

• Change of status (15%) 

• Increased responsibility (7%)

Remarkably, 34% had no concerns at all. “This underlines the growing confidence in interim management as a stable, sustainable career choice,” Asia said.

What makes interim management so appealing?

The benefits of interim management identified by respondents are clear:

• Variation in assignments (66%) 

• Autonomy (64%) 

• Personal growth and impact (37%)

• Access to interesting roles (31%)

• Better work-life balance (30%) 

• Financial benefits (25%) 

Asia: "The fact that only a quarter of interim managers cite financial benefits as their main motivation shows that they look beyond just the financial picture. Interim managers consciously choose a career that offers them satisfaction both professionally and personally. They want to make an impact within organisations, but also ensure a healthier work-life balance, and this is possible thanks to the flexibility that interim management assignments bring."

Back to a permanent job? For many, not an option

51% of interim managers surveyed completely rule out returning to a permanent job. Others sometimes hesitate, especially for lack of assignments (20%), economic uncertainty (6%) or a need for connection (6%). "For the majority, variety, autonomy and impact are the decisive factors," Asia concludes. "Interim management is not an intermediate step for them, but a conscious career choice."

Discover more interim management trends and daily rates with our European Interim Management tool.