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New Year, same problem - but is there an interim solution

Posted by Paul Clutton on 25/01/2023

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New year, same problem!

With the well-documented skills shortage in the UK becoming ever greater, companies are struggling to recruit, often leaving positions vacant for months rather than weeks.

So why should I worry?

As a result of open vacancies or other long-term absences, the workload created by someone leaving is often spread amongst the existing team, placing greater pressure on those coping with an already busy schedule.

Recent research from the CIPD reveals that more than 6.5 million people in the UK expect to quit their job in the next 12 months, 24% as a result of wanting a better work-life balance. 

What is the solution?

Rather than risk a mutiny from your existing finance team, employers should consider the benefits of considering professional interim finance support to help ease the load.

What are the options available?

  • Hourly or day rate interim support - you only pay for what you need
  • Fixed-term contracts - sensible solution for defined longer-term requirements such as maternity cover

And what are the benefits?

  • Instant impact: Temporary workers are used to working in different companies and quickly adapting to new environments, so can make an immediate impact on your organisation and ease the load on your existing team!
  • Shorter hiring process: The hiring process for interim positions can be very quick - often a one stage call to assess technical ability
  • Highly skilled, focused experience: Professional interims bring specific skills and experience and can often recommend process improvements or reduce project timelines
  • Cost effective: Temporary workers are by definition a temporary solution and so you only pay for the time that they work, with none of the associated permanent employee costs
  • Flexible: Temps allow you to respond to immediate requirements as they happen with little or no notice

The question is, how under pressure is your team and how can you support them with extra interim resources?

Please contact Paul Clutton to discuss any potential interim, fixed term contract or project requirements. Savant Recruitment Experts has a dedicated team of Finance specialists, backed by market research, possessing extensive experience and expertise in Finance talent solutions. If you are looking to build or expand your Finance function, we can offer you our support with the best talent in the industry and market-leading onboarding advice and consultation. To know more about how we can assist you, please reach out to us at - finance@savantrecruitment.com

 
 
 

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