Becoming a fractional People Lead
A fractional People 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 rate | 1 day a week | 2 days a week | 3 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 scale-ups hiring at pace and for TUPE, restructures or redundancy work.
How many clients the seat holds
Two to three. Much of the work is scheduled, which helps, but the unscheduled part is by definition the difficult conversations, and those cannot wait for Thursday.
Where the first client comes from
A company of thirty to fifty with no HR function and a founder who has just had to handle something they were not equipped for. That event is usually what prompts the search.
What the work actually is
Structure, hiring and the hard conversations. The last of those is the part being bought, and it is why this seat is difficult to do well remotely.
When this seat does not work fractionally
- They want payroll and admin processed, which is an outsourced HR provider.
- There is an active dispute that needs somebody present daily.
- The founder wants the difficult conversations handled without ever being in them.
What people get wrong
- Being hired to do the thing you were meant to design.
- Taking on an employment dispute as a fractional seat rather than as defined project work.
- Underpricing because the company is small. Small companies have the messiest people problems.
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 People 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 scale-ups hiring at pace and for TUPE, restructures or redundancy work. At £850 a day, two days a week is about £78,200 a year across 46 billable weeks.
How many clients can a fractional People Lead hold at once?
Two to three. Much of the work is scheduled, which helps, but the unscheduled part is by definition the difficult conversations, and those cannot wait for Thursday.
Where does the first client actually come from?
A company of thirty to fifty with no HR function and a founder who has just had to handle something they were not equipped for. That event is usually what prompts the search.
When does a fractional People Lead arrangement not work?
They want payroll and admin processed, which is an outsourced HR provider. There is an active dispute that needs somebody present daily. The founder wants the difficult conversations handled without ever being in them.
Other seats
Hiring one rather than becoming one? What a fractional People Lead covers and what one costs are the other side of the same numbers.
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.