Welcome to Robert Cavendish
Robert Cavendish is a niche Financial Services interim firm set up to provide a unique personal service for its customers. Managed by a group of energetic, enthusiastic and experienced professionals, we will show you that you can trust us to remove the headache of hiring staff, allowing your company to operate with rapidity and efficiency. In our experience, bringing in someone who is sensibly over qualified dramatically reduces the time and risk of projects or handovers being successfully delivered.
It is thought by many people that hiring an interim manager is expensive. However, in our experience they have been proven to save time and money. Here are some interesting points to consider...
Acceptable Day Rates
A permanent employee for a senior level role isn’t just paid a salary. They also potentially gain pension benefits, car allowances, medical insurance and other perks.
No Holiday pay
A permanent employee will receive paid holiday. Allowing for bank holidays there may well be at least 28 days or more a year when you’ll be paying a permanent employee but they won’t be working. If an interim doesn’t work, they don’t get paid.
National insurance
Employer’s national insurance, at around 13.8% of salary, is another significant cost to add on a permanent hire.
No Sick pay
Permanent employees often qualify for sick pay. Interims don’t.
Relocation costs
When a permanent executive joins a firm, if they have to move, their package may include covering relocation costs. An interim, in contrast, is used to going wherever the next assignment takes them.
Adding it up
Just allowing for these additions, an executive on £100,000 actually costs more like £175,000
Bonus
Senior employees often have some element of performance-related pay in their package. This may take the form of share options or a bonus. Normally, this will amount to around 20-25% of salary. In the interim management market bonuses are not normally expected. What’s expected is that the interim will deliver brilliantly for the day rate you’ve agreed as that’s what they’re there for.
Exit costs
If a senior permanent employee isn’t delivering or your business circumstances change it will take some time to exit them from your organisation. They may have a three months’ or more notice period. During which time you will be incurring the cost of their salary but most likely they will be doing very little. In contrast, interims are typically on just a month’s notice.
Sectors and Functions
Robert Cavendish is a dedicated Financial Services consultancy founded to provide a unique personal service for our customers…
About Robert Cavendish
Companies typically turn to Interim management when they need to complete a specific project by a definite date or when they require an experienced person to fill a gap in their management team…
Contact Us
If you would like to have an obligation-free chat with one of our consultants about available positions or about the ever changing Financial Services market more generally, please contact us at any time…
Our Clients
If you wish to hire an interim manager or wish to discuss a potential requirement within your business, please feel free to email our Managing Director Nick Smith at nick.smith@robertcavendish.co.uk
I’ve worked in Management Consultancy and Interim contract for over a decade but its Nick at Robert Cavendish that are always my first point of call. Nick is great to deal with; always quick to pick up the phone, honest, transparent, keeps all parties fully brief on status and progress and genuinely interested in ensuring that the interests of all parties are fully served.
David G Campbell
Interim Programme Manager
Having been an interim now for almost 20 years, the rigour, integrity and professionalism with which you have conducted yourself in finding the right work for me , in a manner that can benefit the client the most, has quite frankly been second to none.
Andrew Gillespie
Chief Marketing Officer
Nick was very quick to understand my situation and understood enough of a complex role in order to fill it within an hour conversation. No surprises he found the ideal candidate for the role who I am very happy with and is still with us today. I would certainly use them again should our needs to use a recruiter for a high-level role come up.
David Shamash
Operations Director
I found working with Robert Cavendish an excellent experience. We had a number of business critical mandates which we needed to fill quickly. Nick and his team provided very strong shortlists within 48hours of the briefs, to which we successfully resourced all roles. I was particularly impressed with their speed in sourcing candidates, their approach to understanding our requirements and their control in managing the process.
I look forward to working with Robert Cavendish again.
Jan Domaradzki
IT & Business Change Manger
