Financial Return?

What are the key financial considerations?

Interim Managers are worth their weight in gold.

A clear cost benefit case - balancing need, price and payoff - will help you decide the seniority level of the proposed Interim Manager.

In most cases Interim Managers will -

• Work within capped financial limits
• Be much less expensive than a similarly experienced management consultant
• Expect to work long hours
• Receive no termination fee
• Charge on a per diem basis (alternatives can be considered)
• Commit their services for a guaranteed period, with options to extend
• Receive no payment for personal or public holidays and sick leave
• Per diem fees range from £600 to £1500. Expenses can be rounded into the fee or charged at cost

Approximately 20% of Interim Managers accept an offer to become a full-time employee at the company they are assigned to.