We often encounter clients that tell us day rates for interim managers amount to daylight robbery, but is that really the case? There are many benefits to using an interim manager, they are often less expensive than you think & the ROI they bring is invaluable.
Comparing PAYE & Interim Managers
The biggest mistake clients make is to simply take the day rate & x it by the number of working days in the year, for example 260 x £500 is made to look like an annual salary of £130k!
In fact, this is far from the truth. In simple terms day rates should be calculated like this: