Cycling UK Interim CEO

Steady rider
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Cycling UK Interim CEO

Postby Steady rider » 20 Apr 2020, 8:43pm

https://www.harrishill.co.uk/job/interi ... e-officer/

Salary: PAYE salary £85,000-£90,000 pro rata OR day rate of £500-600


Looks odd, 5 days at £600 = £3k per week, £150k per year?

Bonefishblues
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Re: Cycling UK Interim CEO

Postby Bonefishblues » 20 Apr 2020, 8:54pm

Why is that?

Steady rider
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Re: Cycling UK Interim CEO

Postby Steady rider » 20 Apr 2020, 9:07pm

Assuming they work a five day week at £500-£600 per day, £2.5 -£3k per week,
It looks to be higher than the £85-£90k pro rate salary advertised.
Not sure how they work out a daily rate, including the £85 to 90k pro rate rate and no mention of the daily rate may be more cost effective? My guess would be about £400 daily rate would be about right to match up with the £85-90k range, e.g. 400 x 5 =£2k week.
Last edited by Steady rider on 20 Apr 2020, 9:15pm, edited 1 time in total.

Bonefishblues
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Re: Cycling UK Interim CEO

Postby Bonefishblues » 20 Apr 2020, 9:11pm

Pro rate implies a part time role. Remember too that the day rate contains no benefits at all. £5-600/day's pretty much the sort of rate you'd expect, I think.

Tinpotflowers
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Re: Cycling UK Interim CEO

Postby Tinpotflowers » 20 Apr 2020, 9:19pm

Steady rider wrote:https://www.harrishill.co.uk/job/interim-chief-executive-officer/

Salary: PAYE salary £85,000-£90,000 pro rata OR day rate of £500-600


Looks odd, 5 days at £600 = £3k per week, £150k per year?


Will we be able to get somebody to fill this job?
https://oliver-dev.s3.amazonaws.com/202 ... g%20UK.pdf
Overall purpose of role

The Chief Executive is responsible and accountable for the leadership of the organisation, sets the strategic direction and vision for success, leads the development and implementation of the strategic intent and impact of Cycling UK. They will continuously build Cycling UK ‘s organisational culture and capabilities and be a significant ‘thought leader on the power of volunteering, able to translate this across large scale internal and external stakeholders. the CEO will also drive a strong sustainability agenda that positions and maintains the charity at the forefront of our society.

richardfm
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Re: Cycling UK Interim CEO

Postby richardfm » 20 Apr 2020, 11:19pm

Steady rider wrote:https://www.harrishill.co.uk/job/interim-chief-executive-officer/

Salary: PAYE salary £85,000-£90,000 pro rata OR day rate of £500-600


Looks odd, 5 days at £600 = £3k per week, £150k per year?

The 85 to 90k is PAYE, an employee where the employer pays NI, pension contributions, sick pay and holiday pay, the day rate will be for a contractor who will have to pay his or her own tax, ni, pension, sick pay and holiday pay. The cost to Cycling UK will be similar which ever way it goes.

PH
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Re: Cycling UK Interim CEO

Postby PH » 21 Apr 2020, 12:07am

Applications closed already, what a shame.
is this the way it normally works when a CEO goes? Or does the departing one usually stay on till a full replacement is found?
I don't know how these things go, it just seems inefficient and an interim appointment wasteful.

geocycle
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Re: Cycling UK Interim CEO

Postby geocycle » 21 Apr 2020, 7:12am

PH wrote:Applications closed already, what a shame.
is this the way it normally works when a CEO goes? Or does the departing one usually stay on till a full replacement is found?
I don't know how these things go, it just seems inefficient and an interim appointment wasteful.


Unusual in my experience. If a CEO goes and wants to take up another appointment quickly they either work notice or are allowed to leave sooner, especially where there might be a conflict of interest. Interim appointment is common as the search for a new person can take months. Normally an interim appointment is made from within an organisation and I’ve not seen posts advertised often. It is especially unusual to use an agency for an interim appointment.

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Re: Cycling UK Interim CEO

Postby Cyril Haearn » 21 Apr 2020, 7:50am

An agency, how much does that cost?
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Oldjohnw
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Re: Cycling UK Interim CEO

Postby Oldjohnw » 21 Apr 2020, 8:09am

Cyril Haearn wrote:An agency, how much does that cost?


Generally a percentage of the first year's salary. I don't know what percentage. Probably quite high, perhaps 10%. Which is possibly why most interims are internally recruited.
John

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Re: Cycling UK Interim CEO

Postby Bonefishblues » 21 Apr 2020, 8:13am

Oldjohnw wrote:
Cyril Haearn wrote:An agency, how much does that cost?


Generally a percentage of the first year's salary. I don't know what percentage. Probably quite high, perhaps 10%. Which is possibly why most interims are internally recruited.

Typically rather higher, especially as this agency's pre-screening & shortlisting, not just finding candidates.

geocycle
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Re: Cycling UK Interim CEO

Postby geocycle » 21 Apr 2020, 9:04am

Costs depend on what a recruitment agency does. Can range from just posting adverts to full on head hunting. The latter comes in at around £20k+ for finding a suitable long list. Agencies specialise in certain sectors and maintain a database of potentially appropriate candidates. They then will proactively approach people who meet criteria supplied and pass on recommendations. I’m not saying they will be doing all this for this interim post. Normally the client does the shortlisting.

AndyK
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Re: Cycling UK Interim CEO

Postby AndyK » 21 Apr 2020, 9:59am

It's not that unusual - that's why there's a whole industry in providing interim CEOs and senior managers out there, with people who do it as a career. Salaries are quoted pro-rata because an interim won't necessarily be around for a whole year.

Yes it does cost and that fact was considered. I can't go into detail but I can say that it wasn't a decision that was taken lightly.

reohn2
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Re: Cycling UK Interim CEO

Postby reohn2 » 21 Apr 2020, 10:09am

This is what happens when a club owned and run by it's members is turned into a so called "charity" and run as a business and it's members become donors.
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roubaixtuesday
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Re: Cycling UK Interim CEO

Postby roubaixtuesday » 21 Apr 2020, 10:15am

reohn2 wrote:This is what happens when a club owned and run by it's members is turned into a so called "charity" and run as a business and it's members become donors.


What happens? You get professional leadership in place? Why is that a bad thing?