Interim C-suite hires: the pros and cons for businesses and execs

The rise of Interim C-suite roles, more than just a trend.

Whether it’s part-time, portfolio, fractional or even for 12 months hiring an interim C-suite executive is no longer viewed as just a stopgap measure.

I’ve long stopped splitting the talent pool into ‘perm vs non-perm’. Now it’s much more about who’s available and wants the extra flexibility, because while at one time it was unusual for someone to be a full time employee and move to an interim role, that’s no longer true.

This is a more common request with Seed and Series A clients who are very open to this arrangement. That’s because bringing in an experienced C-suite hire for two or three days a week gets you expertise without blowing the budget.

Here’s my thoughts on the pros and cons of this kind of arrangement:

The upside for businesses

  • Try before you buy, means you can de-risk a senior hire before committing full-time

  • Access to experience you couldn’t otherwise afford

  • Flexibility to scale a function fast

  • Speed to hire. People are immediately available and can start within weeks

  • Specialised expertise

The benefits for the individual

  • Tax advantages through a consulting arrangement.

  • Flexibility around family, travel and work-life balance

  • Maximum earning potential with a full calendar of projects

  • Reduced office politics

  • The ability to work across multiple businesses at once

  • Freedom to choose projects and take extended breaks

A swing towards a freelancer C-suite economy

I can see a huge swing towards a freelancer C-suite economy across marketing, operations, finance and software.

Get in touch

And if you’re hiring for interim roles, DM me because I have a number of available candidates who request this kind of arrangement.

Previous
Previous

UK permanent hiring is stabilising: what it means for leadership roles

Next
Next

Should you stay in your job or leave? 5 signs it's time to go