How
does FEIMA operate?
FEIMA is a successful small business. In recognition of the tight
budgets that Education organisations operate under, we are determined
to keep costs down. We think you will find it difficult to find
better value for money anywhere - see our fee structure below.
We will interview FEIMA Associates who may be the answer to your
problem, having already taken up their references. The people
we shortlist will have experience in a similar or more demanding
job during their recent career so will immediately be able to
work with you to solve your needs. If we don’t have anyone
suitable, we won’t waste your time - we will tell you immediately.
We aim to have interviewed and presented you with suitable candidates
for your temporary post within three working days of your first
contact with us. You will need to interview our Associates yourselves
to ensure that you are appointing someone who will fit in with
your team, a telephone interview can be used instead of a face
to face interview, or just to select the short list.
Please view our "Featured
Profiles" page.
Click here to register
as an Associate
Click here to register
as an Institution
Terms of Business
Normally the FEIMA Associate will be an independent consultant,
working through a limited company. The Associate’s company
will be under contract to ourselves, and we will supply the Associate’s
services to your Institution. The Associate is therefore not our
employee, or yours. However, the Associate is subject to your
normal employment rules regarding conduct, confidentiality, intellectual
property rights, etc. The Associate will take full management
responsibility for his or her actions, just like your permanent
managers. Associates are instructed to take out professional indemnity
insurance.
The period of engagement is typically between 20 days and six
months, but there have been some shorter inspection type assignments
and some longer term part time assignments.
Fees: We will charge 17.5% of the interim manager’s
fee, presently with no VAT charge applicable. This compares favourably
with typical commercial interim agency fees of 25-35%. Consultancy
firms may charge you a lot more, and you get a consultant, not
a manager. Expect to pay between 0.7 and 1% of the equivalent
permanent salary per day for our Associates’ services, plus
travelling and accommodation depending on their level and experience,
plus our fee. The cost to you is thus likely to be in the range
of £300 to £500 per day plus the 17.5% FEIMA fee. Associates
charge directly so that if they are not VAT registered it will
not be an additional cost paid which normally cannot be recovered
by educational institutions. |