Fractional executive hourly rates

This market contracts by the day, so an hourly figure is a conversion rather than a price. It is still worth having, because a company comparing a fractional seat against a consultancy quoting by the hour needs the two in the same unit. Here is every seat both ways, and then the honest reason nobody bills the second one.

Converted at 8 hours to the day, which is a convention rather than a measurement. The published day rates are the real figures, taken from live listings on the bench.

Every seat, per hour and per day

SeatPer hour, indicativePer day, published
CISO£113 to £188£900 to £1,500
CFO£100 to £188£800 to £1,500
CTO£100 to £175£800 to £1,400
General Counsel£100 to £175£800 to £1,400
CMO£88 to £163£700 to £1,300
COO£88 to £163£700 to £1,300
Sales Director£88 to £163£700 to £1,300
Product Lead£88 to £150£700 to £1,200
Data Lead£88 to £150£700 to £1,200
Growth Lead£75 to £138£600 to £1,100
People Lead£75 to £138£600 to £1,100

Why the market prices by the day

A day is the smallest unit in which senior work actually gets finished. An executive who arrives for two hours spends most of them reloading context, and one who bills by the hour has an incentive to be present rather than to be done. Day rates put the incentive on the outcome instead, which is why the market settled there without anybody deciding it.

The practical consequence is that most operators will not take a booking below half a day, and the ones who will are usually not the ones you were hoping to hire.

The thirty hours a week mistake

The most common way this arithmetic goes wrong is a company deciding it needs about thirty hours a week of a senior seat and pricing that hourly.

Thirty hours is four days. At the CFO band of £800 to £1,500 a day that is £3,200 to £6,000 a week, and at that point the arrangement is employment in everything but the protections. Both sides usually do better converting it to a permanent role, and the comparison with employer costs counted shows why.

Common questions

What is the hourly rate for a fractional CFO in the UK?

Published day rates for the seat run £800 to £1,500, which is roughly £100 to £188 an hour on an 8-hour day. Almost nobody in this market contracts by the hour, because the value of a senior seat is the decisions it makes rather than the hours it is present for, and an hourly contract quietly pushes both sides toward measuring the wrong thing.

Why do fractional executives charge by the day and not the hour?

A day is the smallest unit in which senior work actually gets done. An executive who arrives for two hours has spent most of them re-loading context, and one who bills by the hour has an incentive to be present rather than to be finished. Day rates put the incentive on the outcome, which is why the market settled there.

How do I convert a fractional day rate to an hourly figure?

Divide by 8 for an indicative number. It is useful for comparing against a consultancy quoting hourly, and misleading if used to buy three hours. Most operators will not take a booking below half a day, and the ones who will are usually not the ones you want.

Is 30 hours a week fractional or full-time?

That is four days a week, and it is the point at which the arrangement stops being fractional in anything but name. At four days the person is effectively employed without the protections or the commitment on either side, and both parties usually do better converting it to a permanent role.

Two ways in

The rate is on the profile, in days

Browse the bench and see what each operator charges before you open a conversation, or send a brief and have the search run for you.

Related

Fractional CFO Near Me: Does Location Still Decide AnythingMost fractional finance work is done remotely. Three situations where being in the room still changes the outcome, and what to do when nobody local fits.