Interim Executives 

Agile and Strategic

Hiring Executive Talent on Contract

Interim executive hiring allows you to quickly add needed expertise to respond to market changes or to capitalize on specific opportunities.

 

It also provides agility, allowing you to move quickly to take advantage of innovation and side-step prolonged, permanent staffing protocols (or hiring freezes).

Leveraging the talents of a seasoned interim executive can give your executive team the breathing room it needs to be more strategic about a new hire than a quick fill might allow (particularly in shifting markets).
 

Supplying a temporary leader is a clear way to provide the focused attention a company needs for stability during times of transition. As a result, hiring interim executives can deliver quick results and a smooth transition when the position is filled.

Advantages of Hiring Interim Executives on Contract 

  • Add resources through a purchase order versus capital budget

  • Reduce Employment Costs

  • No workers’ compensation exposure or claims

  • No employee benefits costs for medical, dental, vision, life, and 401(k)

  • No added expense for holidays, vacations, sick time, etc.

  • No administrative costs for hiring and onboarding

  • No administrative costs for payroll withholdings, filings, etc.

  • Minimized risk of IRS and state audits due to worker misclassification

  • Headcount Flexibility

  • Quickly match staffing levels to project requirements

  • Quick hiring process compared to a full executive search

  • Terminate the contract placement at any time

  • Simple invoice payment processing

How it works
Our industry specialization and extensive relationships give us the ability to quickly provide you with the most qualified executive level candidates available for interim assignments.  

 

Once you select the candidate you would like to hire on contract, your part is extremely easy. You authorize billing by signing a weekly timesheet for the contractor and then pay an invoice.

 

Our back-office partner firm will act as the legal W2 employer, and handle all the onboarding, payroll, taxes, unemployment, workers’ compensation, background checks, and benefits.
 

Benefits for Interim Executives
Companies enjoy greater employee retention by offering quality benefits. As the legal W-2 employer, our back-office pays the contract employees weekly and offers the following ACA compliant benefits:

  • Health insurance

  • Dental insurance

  • Vision insurance

  • Life insurance

  • AD&D insurance

  • 401(k) savings plan

Insurance protection

Our back officer partner firm carries a comprehensive package of insurance, including:

  • Commercial General Liability $1,000,000 per occurrence; $3,000,000 in the aggregate

  • Professional Liability $1,000,000 per occurrence; $3,000,000 in the aggregate

  • Commercial Excess Liability $5,000,000 combined single limits

  • Hired/Non-Owned Auto Liability $1,000,000 combined single limits

  • Employee Dishonesty Bonding $1,000,000 combined single limits

  • Employers’ Practices Liability $1,000,000


Myriarch Advisors will be your point of contact for all of your interim executive needs. Our back office partner firm has specialized in contract staffing since 1992, and will finalize the employment contracts and handle all of the financial and administrative issues.