Not cheap, but worth every penny!
Daily rates for interim managers range from 1,000-2,000 euros and are determined by the project requirements, the current market situation and the management level of the candidate. A rule of thumb is often used here, which states that the daily rate of an interim manager is approx. 1% of the annual salary in a comparable permanent position.
At first glance, this seems expensive, but if you take a closer look, this assumption is quickly revised. Because interim management and permanent employment cannot be directly compared.
Interim managers are independent executives and experts who bear their full entrepreneurial risk themselves. Since they work on the basis of daily rates, they make the costs of their assignment absolutely calculable for the client.
The interim manager is only paid for his working time, i.e. he has no holiday entitlement and is not paid further in the event of illness. If one compares the costs with permanent employment, the following expenses are also omitted for the commissioning company:
This can easily amount to between 40 and 50 per cent of a fixed salary, which puts the costs significantly into perspective.
The daily rates offered to you by a provider usually include a commission of between 25 and 35 per cent of the agreed daily rate. The provider pays for this in advance by charging virtually no fees before the contract is signed, unlike the headhunter. Until then, the consulting service is free of charge for you and includes:
But even after the contract has been signed and the interim manager has started, the support provided by the provider continues. The consultants look after you and the interim manager throughout the project, support onboarding, monitor progress and ensure an orderly conclusion.
„Today, flexible recruitment is crucial if organisations want to remain competitive. Highly qualified interim managers offer exactly this support. Good advice from a provider, such as Management Angels, combined with a manager pool that includes highly qualified specialists and managers, make interim management a successful model for me!”
Head of HR and Legal, Beiersdorf AG