Demand for ‘crisis’ business consultants surged by 103% during pandemic


As businesses froze headcount, utilised furlough and made redundancies – hiring skyrocketed for specialist consultants to step in on a fixed-term contract to help aid recovery and transition during the pandemic.

According to a new report from leading recruiter Robert Walters and data provider Vacancysoft – Interim Management: Central to Business Survival – a third of board-level consultancy projects in the past year have been around organisational restructuring & crisis management.

Over 16,000 senior consultants (or interim professionals) have been hired in the past year on a fixed-term contract – with some charging as much as £2,000 per day for their expertise in business turnaround.

Top 5 most expensive Interim Managers in UK

Director of Internal Audit

£2,000 p/d

Chief Information Security Officer

£1,725 p/d

Transformation & Change Director

£1,600 p/d

General Counsel

£1,200 p/d

Chief Financial Officer

£1,110 p/d


An initial recruitment dip in the first half of 2020 was short-lived as interim management vacancies hit record levels in October 2020 – increasing by +103% in Q3 2020 and a further +30% in Q4 2020.

The spike in demand – as of October 2020 – signals the biggest increase in temporary and contract vacancies since 2018.

When looking at levels in 2021 – hiring for interim professionals has increased by 50% compared to the same period last year. According to the report, 59% of consultants expect to find their next interim assignment within 3 months – twice as quickly as they usually would have pre-pandemic.

Share this: