| Aspect |
Employment |
Locum |
Interim management |
| Selection Process |
Many meetings over several weeks |
Typically booked direct or via agency at short notice |
One or two meetings, decision within 5 to 10 days |
| Matching to role |
A step up - must have potential to grow with job, must be stretched |
Computer experience often required |
A step down - must be over-qualified for the role, well within comfort zone |
| Status |
Employee |
Self Employed locum |
Hired Expert |
| Life Expectancy of job |
No exit is foreseen |
1-2 days |
Exit needs to be planned from Day 1 |
| Duration in practice |
2 to 5 years? |
1-2 days |
3-15 months |
| Relocation |
Generally expected to relocate to show commitment |
Traveling often required |
Location is not an issue - except living away means long days are easier |
| Challenge |
Become integral member of management team with long-term perspective |
To hit the ground running at 9am working with a new team |
Deliver agreed programmed of change or transition |
| Relationship to boss |
Boss / subordinate |
Self employed contractor |
Client / Agent of change |
| Honeymoon period |
A few months |
N/A |
A few days at most |
| Visibility of cost to the company |
Part of the payroll, paid automatically by bank transfer, many hidden extras |
Visible to area manager and coordinator |
Highly visible, every month an invoice has to be signed off and a cheque written |
| Reward |
Typically £37-50k for pharmacist |
£20-25 per hour plus travel |
Daily fee of £300-£500 |
| Annualised reward |
£37-50,000 plus benefits above |
*Up to £70,800 |
**Up to £72,000 |
| Payment Frequency |
Monthly |
1-4 weeks from pharmacy |
Weekly direct from PL-UK |