INTERIMCONNECT is the unique network to find experienced interim managers.

How should you contract with an interim manager?

• Interim managers are self-employed senior executives and managers, contracting through limited VAT registered companies.

• By operating through limited companies, the interim is not your employee and therefore is responsible for their own PAYE and NHI etc.

• Apart from the agreed daily fee, plus any agreed expenses, there are no other costs to pay to or on behalf of the interim.

• Interim managers generally offer professional indemnity cover, depending on the type of assignments they undertake.

• When contracting or engaging with an interim manager ensure that the responsibilities in the engagement letter are clear both for yourself and the interim manager. This helps keep the assignment aims and deliverables focussed.

• Always take up your own references even if you resource an interim manager through an intermediary. This not only reinforces their achievements but also adds valuable information on the interim’s approach and how they are likely to fit into your own organisation.

For organisations looking to engage an experienced interim manager the network provides the fastest search, selection and engagement from over 1500 +  members. Being a network we do not add an agency mark up to the interim's daily fee meaning that those savings can passed directly onto the hirer.

Instead network members pay for the administration of the Interimconnect service.

To find out more or for a confidential discussion on your business needs call Mike Measures FCA on 44 (0)1428 714367 or use the website contact form.