Through its membership of the Interim Management Association Nexus abides by the code of practice it helped to establish. The same principles are used throughout its recruitment divisions, and in its daily administration and work with candidates and clients alike.
Code of Professional Practice and Good Conduct
INTRODUCTION
The Association's principal aim is the development of interim management as a powerful and leading management resource, by collective action and by promoting the common interest of all its members, based on the highest standard of professional service.
The Government, through the Department for Trade and Industry, has the responsibility for ensuring compliance with the statutory regulations governing operations of employment agencies and employment businesses in the UK. However the Association recognises that there is still a need to establish and maintain standards of best practice in addition to the regulatory regime. The Interim Management Association seeks to promote such standards on behalf of the interim management sector.
This Code of Professional Practice and Good Conduct (The Code) is intended to assist members by defining a high standard of professional practice and by detailing good conduct, breaches of which could lead to suspension or loss of membership of the Association.
For the purposes of this Code the term "Member" shall include all categories of membership, as defined in the Constitution and all terms and expressions used shall have the meaning assigned to them in the Constitution. The Code shall be binding on all members.
The Code may be amended from time to time by approval of the membership at an Annual General Meeting.
PROFESSIONAL VALUES AND ACTIVITIES
The provision of Interim Management Services is a professional endeavour. A profession is characterised by the objectivity, integrity and thoroughness of its practitioners. Members will maintain the highest standards of professional work and behaviour so that their actions reflect favourably on the Association, its members, their clients and interim managers.
A member shall not, through any action or inaction, do anything which could bring the Association or other members into disrepute on any professional matter or which could be detrimental to the aims and objectives or good standing of the Association.
Members will conduct all their promotion, public relations and new business activities in a manner that involves no representations, expressed or implied, that are false, deceptive or otherwise misleading.
Among other values binding members are:
CONFIDENTIALITY
Members shall regard as totally confidential all information concerning the business affairs of their clients and members shall require their interim managers to give a similar undertaking.
INTRODUCTION FEES
Where interim managers are currently on assignment with an organisation members shall not pay to that interim manager, their spouses, partners or business associates, nor to companies controlled by them, any fee for the introduction of additional interim assignments, or other consulting or advisory work with the organisation the interim manager is working for nor for any subsidiary organisation, parent or organisation or associated organisation.
Industry Statistics
All members are committed to supply accurate statistical information on a confidential basis to the Association for collation of statistics to aid the members' generic understanding of the interim management market and to aid awareness and liaison with Government and other third parties.
Equal Opportunities
Members shall seek to develop a positive policy towards, and take necessary steps to promote, equal opportunities employment.
National Insurance and Tax
Members shall ensure that they comply fully with the law relating to Tax and National Insurance.
Employment Agencies Act
Where applicable members shall make themselves and their staff fully aware of time provisions of the Employment Agencies Act 1973, and its regulation and any other relevant legislation. Such legislation must be complied with both in sprit and to the letter of the law. Breach of the law shall be deemed to be a breach of this code.