What is a Contract Executive?
A Cerius contract executive is a special category of executive who is adept at stepping into companies as a part-time executive, a temporary executive, an interim executive, a fractional executive, or as a consultant. We help you define what you need accomplished and in what period of time. We then find the right talent for your company and your need(s) from our extensive network of over 1,000 contract executives coast to coast.
What is the Difference Between a Contract Executive and an Interim Executive?
Several terms are used interchangeably to describe an independent executive who works on assignment rather than as a full-time employee. At Cerius we use the umbrella term, “contract executive”, because the executives in our network are under contract to clients to perform a defined scope of work for a given period of time.
The term “interim executive” is commonly used around the world. The term interim is used primarily when the executive is brought in to fill a gap between the departure of one key executive and the start date of the new executive. This maintains business momentum while the company searches for a replacement, which is often 3-9 months.
Then there are part-time and temporary executives.
The difference between them is that a part-time executive may be contracted for a longer period of time than a temporary executive. A typical temporary assignment lasts between 4-6 months and could be 5 days per week whereas a part time executive role could last for a year or more and typically is 2-3 days per week.
A good example is a company that requires a senior-level marketing executive, but not every day. So Cerius will match that company with a marketing executive who works for that company on contract for 1-3 days per week, for example, for the next 12 months. The fractional executive is another term used for a part-time executive.
The only thing you have to remember is this: Whatever term you want to use - interim executive, contract executive, fractional executive, part-time executive, temporary executive, or executive consultant - Cerius speaks the language.
Leading Key Initiatives, Leading Departments or Leading Companies
Cerius contract executives provide companies like yours with the skills and experience you need to implement new initiatives, develop new strategies for growth, carry out organizational or cultural change, manage complex projects, or fill business-critical roles currently vacant.
Cerius' CEO, Pamela Wasley, discusses how an Interim Executive can make the difference with your strategic plans.