Connecting to LinkedIn...

Blank

Interim managers showing fee flexibility in 2012

Interim managers showing fee flexibility in 2012

THE ALIUM ASKS POLL: Do you believe that interim managers should be willing to lower their daily rate in light of the current economic backdrop?

A survey by leading global interim management provider Alium Partners indicates that interim managers are building flexibility into their fee structures in order to adapt to the changing economic climate.

In response to the latest & lsquo;Alium Asks’ poll, which questioned visitors to Alium’s website about their willingness to lower their daily rates in difficult economic conditions, 48% of people claimed that they would be happy to lower their daily rate if they felt an assignment warranted it. A further 25% said they were willing to be flexible in all circumstances.

However, the remaining 27% of respondents were not willing to move on their daily rate at all, reflecting a significant population of interims who have a concrete fee which is non-negotiable.

“These poll results echo closely the trends we have been noticing in the interim market today,” commented Nigel Peters, Managing Director of Alium Partners. “As the economic outlook remains uncertain, our interim managers understand that companies who need their expert help may not be able to invest as much as they would have in previous years. Many are responding by lowering their charges in a bespoke fashion. Sensibly, most have a range which they flex between, dependent on the assignment, which is exactly what these figures show.”

Tags:

Articles similar to

Articles similar to