Save Hundreds of Pounds every year with IIM membership
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A new Interim saves significantly with IIM membership:
- Neiman Lynden will set up a limited company for IIM members for FREE, saving up to £200
- Discounts on building a simple website will save a further £150
- Indemnity Insurance of £100k at 10% - typically £20
- Discounted package for accounting – around £70
- Training days around Interim Management 25% saving £125
- Prince2 or ITIL, Risk Management courses to ensure a rounded portfolio: typical savings of £ 250
- Back up facility setup saving of 10% can be around £50
- Tax savings on membership @40%: £58
Total savings £823 - Not a bad start!
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A typical established Interim is over 40 and has strong qualifications. He will need to keep his skills up-to-date and learn new ones as technology develops. Perhaps he will take on 3 days CPD per year.
- At an average of £500 per day and with 25% discount he saves £375 on CPD
- With his indemnity insurance at £500k @ 10 discount he saves a further £50
- If this is the year for a health check up, maybe for insurance purposes he can save another £30
- Using a discounted accounting package saves about £80
- Tax savings on membership @40%: £58
Just ticking over his business with no extras he saves a total of £608.
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A senior Interim who is considering leadership qualifications, or Non-Exec Director training courses to develop his portfolio could be looking at a highly sought after Cranfield credential.
- With 25% discount this could amount to £2000 saving.
- Renewing Prince2 will save a further £125 on average.
- Not forgetting ongoing savings with accounting packages, PII, health, online back-up etc - £210
- Tax savings on membership @40%: £58
Giving him a staggering £2393 advantage over non-IIM members.
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2009 CPD - How did you do?

 

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