Interim vacancies expected to rise again throughout the year

While recent data shows that professional interim vacancies have stagnated, demand is expected to rise again throughout the year.

This is according to research from the Association of Professional Staffing Companies (APSCo) using data provided by Vacancysoft.

The findings show that interim vacancies were at an all-time high last year, with hiring levels reaching their peak of 2,400 new vacancies per month in March 2021.

Overall, 2021 closed with an interim vacancy growth of 115% year-on-year. London reported the biggest increase across the cities, rising 70% year-on-year.

In Q1 2022, figures show a 0.2% quarter-on-quarter fall in London and the rest of the country seeing a decrease of nearly 9%.

However, with latest data revealing that there are more vacancies than unemployed people, demand is expected to grow again.

Ann Swain, CEO of APSCo, commented, “Interim professionals have become an important part of an organisation’s long-term talent strategy, especially post-pandemic, which is only reinforced by last year’s vacancies reaching all-time highs.

“And while we are beginning to see the country’s reliance on interim workers ease slightly, this flexible, highly skilled segment of the workforce will continue to play a vital role at a time of high skills shortages. With the latest ONS data revealing that there are now more vacancies than unemployed people, we expect demand for interim professionals to increase again throughout the year.”

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