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Ireland's increasing interest in interims

Interim managers are being lured back to Ireland by good pay and growing prospects.

"The candidate pool tends to be Irish candidates who, having spent a number of years in London, are looking to return home. An interim role is often a stepping stone back to the market for them," says Mischa McInerney, manager of Robert Walters' temporary and contract division.

Interim managers mainly cover for maternity leave, a manager who has been seconded on a project, or someone who has left a company.

"They're usually over-skilled but in order to get the right skills on board, companies tend to pay what they need to," McInerney adds.

"The pay tends to be a high basic, with no other benefits. There's usually a completion bonus for a given timeframe or for deliverables met for a project-focused role," says Ronan Colleran, director of recruitment firm Accreate.

They typically have IT and systems expertise as well as the right level of financial knowledge, he adds.

Although pay depends on supply and demand in the market, project-based pay starts at €50k to €70k on an annual basis. With up to 10 years' experience, most tend to be on €100k to €120k, but this can rise to €200k, for an interim financial director, for example.

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