What a fractional executive costs a month

Day rates are how this market quotes and months are how companies budget, so the conversion is where most of the confusion lives. Below is every seat at one, two and three days a week, in three currencies, computed from the same function the calculator uses so nothing here can disagree with anything else on the site.

The arithmetic, before the tables

Day rate, times days a week, times 3.83 weeks a month.

That figure is 46 billable weeks a year divided by twelve. The number you will see elsewhere is 4.33, which is 52 weeks divided by twelve, and it describes an operator who takes no holiday, has no gap between clients and spends no time on their own business. Nobody bills 52 weeks. The gap is about thirteen per cent, which on a two-day CFO seat is well over a thousand pounds a month of budget that was never real.

United Kingdom, per month

Taken from live listings on the bench. The method is published.

Seat1 day a week2 days a week3 days a week
CISO£3,450 to £5,750£6,900 to £11,500£10,350 to £17,250
CFO£3,067 to £5,750£6,133 to £11,500£9,200 to £17,250
CTO£3,067 to £5,367£6,133 to £10,733£9,200 to £16,100
General Counsel£3,067 to £5,367£6,133 to £10,733£9,200 to £16,100
CMO£2,683 to £4,983£5,367 to £9,967£8,050 to £14,950
COO£2,683 to £4,983£5,367 to £9,967£8,050 to £14,950
Sales Director£2,683 to £4,983£5,367 to £9,967£8,050 to £14,950
Product Lead£2,683 to £4,600£5,367 to £9,200£8,050 to £13,800
Data Lead£2,683 to £4,600£5,367 to £9,200£8,050 to £13,800
Growth Lead£2,300 to £4,217£4,600 to £8,433£6,900 to £12,650
People Lead£2,300 to £4,217£4,600 to £8,433£6,900 to £12,650

United States, per month

Stated as market observation rather than first-party data, which is the honest label for it. Only the UK bands come off live listings on this bench.

Seat1 day a week2 days a week3 days a week
CISO$4,600 to $8,817$9,200 to $17,633$13,800 to $26,450
CFO$3,833 to $8,433$7,667 to $16,867$11,500 to $25,300
CTO$3,833 to $7,667$7,667 to $15,333$11,500 to $23,000
General Counsel$4,217 to $8,050$8,433 to $16,100$12,650 to $24,150
CMO$3,450 to $6,900$6,900 to $13,800$10,350 to $20,700
COO$3,450 to $6,900$6,900 to $13,800$10,350 to $20,700
Sales Director$3,450 to $6,900$6,900 to $13,800$10,350 to $20,700
Product Lead$3,450 to $6,517$6,900 to $13,033$10,350 to $19,550
Data Lead$3,450 to $6,517$6,900 to $13,033$10,350 to $19,550
Growth Lead$3,067 to $5,750$6,133 to $11,500$9,200 to $17,250
People Lead$3,067 to $5,750$6,133 to $11,500$9,200 to $17,250

United Arab Emirates, per month

Stated as market observation rather than first-party data, which is the honest label for it. Only the UK bands come off live listings on this bench.

Seat1 day a week2 days a week3 days a week
CISOAED 15,333 to AED 28,750AED 30,667 to AED 57,500AED 46,000 to AED 86,250
CFOAED 13,417 to AED 28,750AED 26,833 to AED 57,500AED 40,250 to AED 86,250
CTOAED 13,417 to AED 26,833AED 26,833 to AED 53,667AED 40,250 to AED 80,500
General CounselAED 13,417 to AED 24,917AED 26,833 to AED 49,833AED 40,250 to AED 74,750
CMOAED 11,500 to AED 23,000AED 23,000 to AED 46,000AED 34,500 to AED 69,000
COOAED 11,500 to AED 23,000AED 23,000 to AED 46,000AED 34,500 to AED 69,000
Sales DirectorAED 11,500 to AED 23,000AED 23,000 to AED 46,000AED 34,500 to AED 69,000
Product LeadAED 11,500 to AED 21,083AED 23,000 to AED 42,167AED 34,500 to AED 63,250
Data LeadAED 11,500 to AED 21,083AED 23,000 to AED 42,167AED 34,500 to AED 63,250
Growth LeadAED 9,967 to AED 19,167AED 19,933 to AED 38,333AED 29,900 to AED 57,500
People LeadAED 9,967 to AED 19,167AED 19,933 to AED 38,333AED 29,900 to AED 57,500

Where these stop being the right comparison

At three days a week the question is no longer which fractional operator, it is whether the seat is fractional at all. A three-day engagement at the top of most of these bands costs more than a mid-market full-time salary once you count only the salary, and the full-time side carries employer costs on top. That comparison is worked through properly, including the point at which the lines cross.

Common questions

How much does a fractional executive cost per month in the UK?

It depends on the seat and the days. At two days a week, the cheapest seats on the bench run £4,600 to £8,433 a month and the most expensive run £6,900 to £11,500. The arithmetic is the day rate times days a week times 3.83 weeks.

How many weeks are there in a month for billing purposes?

3.83, not 4.33. A fractional operator bills around 46 weeks a year rather than 52 once holiday, admin and the gaps between clients are taken out, and 46 divided by twelve is 3.83. Using 4.33 overstates every monthly figure by about thirteen per cent.

Is a fractional executive cheaper at more days a week?

Per day, rarely. Some operators discount slightly at three days or more, but the meaningful change is that above two or three days the comparison stops being against a fractional alternative and starts being against a permanent hire, which at that point is often cheaper.

Do fractional executives charge a monthly retainer instead?

Many do, and the thing to ask is how many days it buys. A retainer with no day count attached is the one arrangement in this market where both sides can be confident they agreed something and be wrong about what.

Two ways in

Every rate on the profile, before you speak to anyone

Browse the bench and approach directly at no cost, or run your own numbers against a full-time hire with employer costs counted.

Related

How Many Days a Week Does a Fractional Executive Need?One day, two or three, and how to tell which your company needs. Why one day is more common than founders expect.