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Interim Management Pricing

There is no hard and fast rule for pricing interim managers, however, you can expect day rates to be above equivalent salaries but below consultants from significant consulting firms. The big difference is that they are there to deliver results not just make recommendations. A fully inclusive day rate is always quoted and timesheet increments are generally full or half days.

Interim Managers are independent contractors and as such will take care of their own tax, superannuation and insurance. You may need to include then in Workcover insurance if they are spending most of their time on site. They are required to abide by your visitor safety policies as a minimum. Our preferred model is that they work under their own ABN and are subcontracted via 1st Executive. They are not employees in any way, they do not get paid for days they do not work.

You will agree the principles of business expenses recovery in advance and will generally reimburse them directly.

Factors Affecting Pricing

Where we are quoting, the issues to be considered include:

The ROI of Interim Managers

Read our Insights

Interim Management – Transformation INTRODUCTION 1st Executive’s IXPA partner in Austria, Buhler Management supported a German family owned business navigating the departure …

Interim Management – Restructure INTRODUCTION A mechanical engineering company with a 47 million Euroturnover and almost 200 employees faced a pivotaljuncture with …

Transformation is now a much broader discipline and goes to the heart of leaders understanding what is needed to make change successful.