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FAQ
Q. What is Interim Management?
A. We define interim management as "the right expertise whenever ... wherever needed"
The Chartered Management Institute has defined an interim manager as "one who is employed on a short-term basis to achieve a specific objective. Interim Managers share in confidential decision-making and take on line-management responsibilities in order to get ‘the job done’."
Q. What level of manager does Charter Interim handle?
A. From frontline managers to the Boardroom, Charter can deliver the right level of expertise to meet needs in a timely and cost-effective fashion.
Q. How long does a typical assignment last?
A. As long as the company needs the manager. Interim is a flexible approach to dealing with immediate staffing needs at the senior manager/executive level. Interim managers work full or part-time, from one-to-five days per week, from a week to over a year.
Q. How do I know the interim manager will do the job?
A. Charter aim to ensure that we know as much about each individual company circumstance as possible to be confident enough to verify the suitability of any candidate. Each company has the opportunity to meet and interview each potential manager and form an opinion as to that individual’s suitability to the role.
Q. What happens if an assignment comes to an end earlier than anticipated?
A. There are no termination costs, no redundancy payments, etc. This is one of the key advantages to using an interim manager.
Q. As a manager, how often will I expect to be on assignment?
A. This depends on your specialty and the management level needed by the client company. Some of our interim managers leave one assignment and go straight into another. Others may find one assignment a year. Some may not find an assignment at all and opt to search for permanent work instead. Most that do find assignments often work between 160 and 180 days per year in total.
As interim management takes off with our Partner Organisations and across industry in the UK, Europe and the US, we expect to see the number of assignments rise as well. This will mean that managers will have more opportunities to take assignments both at home and abroad, and that more managers will find interim a rewarding career path.
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