What distinguishes interim managers?

What goals do they set for themselves?

Why don’t they like to be hired on a permanent basis?

Interim managers are problem-solvers with leadership experience and strong project and implementation skills. They are available to companies for specific tasks and for a limited time, creating a unique added value during their collaboration that allows the organization to “leap” forward.

Often, they are leaders from higher managerial positions who want to bring their knowledge to projects without the need to expand their own career ambitions. They want to fully focus on the task at hand, take responsibility, and see things through to completion. Interim managers are not defined by titles, positions, or budgets, but by the tasks completed, experience, and personality.

Costs of utilizing interim management

The costs of interim management services are calculated on a daily rate basis. They depend on the project’s requirements, the current market situation, and the candidate’s level of competence.

At first glance, interim management costs may seem high, but this assumption is quickly verified. Interim management cannot be directly compared to permanent employment.

Since the cost of hiring an interim manager is calculated based on daily rates, the costs for the client can be determined from the very beginning. However, companies should also factor in expenses such as travel and accommodation costs incurred during the project, depending on the location and/or activities necessary for its execution.