How much?

The usual compensation for the icima services consists of the agreed-on daily flat fee. In addition, all travel-related expenses are reimbursed, unless the project is done in Berlin or Paris.

The amount of the daily fee corresponds to the market level. It can be cross-checked by taking the total cost of an employee in the same position, i.e. his annual total gross salary plus all additional direct costs for the employer, divided by the number of actually worked days per year (deduction made of holidays, vacation, illness, training etc.). An exemple for this calculation can be found here.

The total cost of an employee is increased by a certain percentage to obtain the daily fee of an interim manager or consultant. This mark-up compensates his special experience and immediate availability (which normally means that he has an uncompensated pause since his previous project). The amount of the daily fee also depends on the length of the project: longer projects tend to have a lower daily fee than shorter ones.

icima´s daily fees are significantly lower than those of similarly qualified partners or experts of the large consulting firms, due to the fact that icima has a lean structure and no unproductive overhead which would have to be recovered in the fee level.

There is a possibility to agree on a fixed price for the complete project if and when every aspect of the task and the work it requires can be clearly defined in advance.