Becoming a fractional Growth Lead

A fractional Growth Lead in the UK charges £600 to £1,100 a day and holds two to three clients at once. What follows is the arithmetic on that, the honest ceiling, and the cases where this seat does not work part-time at all.

What you would earn

Across 46 billable weeks rather than 52, because you will take holidays and because a year of unbroken client work is not a thing that happens.

Day rate1 day a week2 days a week3 days a week
Starting out£600 a day£27,600a year£55,200a year£82,800a year
Established£850 a day£39,100a year£78,200a year£117,300a year
Top of the band£1,100 a day£50,600a year£101,200a year£151,800a year

Before tax, before your own costs, and assuming the days are actually sold. Most people starting out spend a good part of the first year at fewer days than they planned.

What moves you up the band

Higher end for marketplaces, subscription products and anything with a complex funnel.

How many clients the seat holds

Two to three. Growth work is experimental and the experiments need watching, which means the days are less compressible than they look on paper.

Where the first client comes from

Usually a company already spending on acquisition without knowing what is working. The diagnosis is the sale, and it is one you can often make from outside before anybody pays you.

What the work actually is

Owning the whole funnel rather than the top of it, and being willing to say the problem is retention when everybody wanted to hear it was ads.

When this seat does not work fractionally

What people get wrong

The mechanics, briefly

Most UK fractional executives work through their own limited company and invoice per day or on a monthly retainer. Professional indemnity cover is worth having before the first engagement rather than after. Check what your last employment contract says about notice and restrictions before you start approaching anybody, particularly if a first client might be somebody you met there.

Employment status is the question that worries people most, and it is worth understanding properly rather than assuming: IR35 and fractional executives covers who decides, what gets tested, and the directorship point that catches people out.

Common questions

What should I charge as a fractional Growth Lead in the UK?

£600 to £1,100 a day is the band on the bench, with a typical rate around £850. Higher end for marketplaces, subscription products and anything with a complex funnel. At £850 a day, two days a week is about £78,200 a year across 46 billable weeks.

How many clients can a fractional Growth Lead hold at once?

Two to three. Growth work is experimental and the experiments need watching, which means the days are less compressible than they look on paper.

Where does the first client actually come from?

Usually a company already spending on acquisition without knowing what is working. The diagnosis is the sale, and it is one you can often make from outside before anybody pays you.

When does a fractional Growth Lead arrangement not work?

There is no data and no willingness to instrument any. They want a channel specialist and are using the word growth to mean paid media. The economics do not work at any volume, which no amount of optimisation fixes.

Other seats

Hiring one rather than becoming one? What a fractional Growth Lead covers and what one costs are the other side of the same numbers.

If you have held the seat

Listing is free and always will be

No subscription, no commission, and nothing taken from your rate. What listing costs, here and elsewhere, or put yourself on the bench.