Interim Managers
FAQ
If you are new to interim management contact us for further information
Who can be an interim manager?
What do interim managers do?
Interim managers work on a self employed basis on a fixed term contract with a client. The type of work varies according to the client's requirements, and the interim's experience and capability. Interims differ from consultants in that they take real responsibility for the assignment. They do not just advise, they do! It may be that the client has a special project that needs managing, or maybe has a management gap that needs filling urgently. The nature of the assignment needs to be specified in the contract.
Where do they do it?
Anywhere in the UK, and potentially worldwide. Often the nature of the assignment dictates that all the work is carried out at the clients' site. It is usual for interims to be flexible in where they work, often travelling back home at weekends. They do not permanently relocate. It is preferable, as its helps to maintain the self employed status, if some work can be done off site, at your own business premises (or home office). The contract should make provision for this.
Who can be an interim manager?
Interim managers are usually 'sensibly overqualified' for the assignment, so they will have attained a fairly senior position in their career. They will usually operate as an interim at a level or two below the most senior position achieved in 'permanent' employment.
What do they get paid?
A fixed daily rate for the duration of the contract, which usually includes an element for expenses. Interims do not go onto the clients payroll, and this brings many savings to the client which need to be reflected in the daily rate. Interims are 'sensibly overqualified', have a proven track record and will be able to make an immediate impact, without the usual honeymoon / induction period. Client costs are saved such as national insurance, holidays, sickness, training, administration, company cars, pensions and other benefits. Also, there are no 'exit' costs at the end of the assignment, and interims are available immediately.
Important Notes
- You will be working on a self employed basis - you will need to invoice the client company directly for your services. We recommend you invoice weekly, with payment within 7 days. You will be responsible for your own tax and National Insurance. You will only get paid for the days you work, and the client company will not have any extra costs such as NI, holidays, sick pay etc. We can help you with an invoice format if required.
- You may need an interim management service contract. We can help in this area - we have three examples of contracts which you can have if required.
- It is strongly recommended that if you are offered an assignment you seek the advice of an experienced accountant familiar with self employed contractors and IR35.
- We will have agreed a daily rate, and whether it includes or excludes expenses, with you and the client before the meeting. This does not mean that the client may not want to negotiate - but we will act as a mediator to get the best deal for all concerned. Please do not get involved in any discussion with the client about daily rates etc. If they ask about it, just confirm to them what has been agreed, and say that Jarvis Johnson will handle any negotiations.
- Expenses for interview meetings with clients are not normally paid for interim assignments.
- Re-engagement - after your details have been submitted for an assignment, our contract with the client states that if you are employed by them, or by other companies with the same group, Jarvis Johnson is due a commission fee. This applies for 12 months from the introduction, and if you are successful 12 months from the end of your contract. This covers both interim and permanent opportunities. Please be aware that it is not unknown for companies to try to reduce their costs by approaching candidates directly - if this happens then please tell them they need to go through us, and then call us.
- Please keep all details of potential assignments confidential.
- Please inform us of any actual or imminent change to your circumstances. This is especially important when we are working with you on a potential assignment, for instance if you have other things on the go, we need to know so we can keep the client informed, it can also help speed your application through.
- We will never put your details forward for an assignment without talking to you first, and we will ask you if you have been approached about the assignment by another agency. We will only proceed on the basis that you have not been approached and are happy for us to put you forward. It is not unknown for agencies to submit your details to clients without talking to you first. You then receive a call from the agency along the lines of 'we've got you an interview' or ' we are handling this vacancy'. If this happens please inform them that you are already going in through Jarvis Johnson and call us immediately, or, again things could get very messy.
- We are here to help you, please call us on 0844 335 1869 if you want further information on any of these matters.
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