Provider
What are interim management providers?
The core business of providers is the problem-oriented resolution of their clients' outstanding management themes by selecting and providing interim managers against commission. Professional recruitment agencies have technically skilled and experienced advisors for these management tasks, professional contract management and an outstanding overview of the market. To deal with the tasks arising, they make use of an extensive pool of free interim managers.
How do providers supply their clients with suitable interim managers?
At the start of the search process, the provider clarifies the conditions for the job and defines, together with the client, the tasks, the expectations, the duration and the exact requirements profile. On this basis, the agent then selects suitable candidates from their pool and checks their availability. The company looking for an interim manager then receives a proposal and selects a manager from this.
What sort of contracts are there, typically?
In general there are two types of contract:
• The interim manager agrees a contract directly with the client, thus taking sole responsibility for the execution of the job.
• In addition to their agency services, the provider offers project management services and support of the interim manager employed. In this case, the provider takes responsibility for the content of the job. The agent then agrees a service contract with the interim manager employed for each individual job.
How high is the commission for the provider's agency services?
For a professional provider to supply an interim manager, generally between 25 and 35% of the agreed daily rate is taken as commission. Some providers also require payment for presenting candidates. If a temporary contract is then agreed with the interim manager, an additional agency commission will be due.