Times are changing.

Technology has improved. Systems work better. Processes have been streamlined.

Pair that with the fact that most employees DO NOT need a full 40+ hours of work to fulfill their role/responsibility - and what we see - is the talent & job market moving in a different direction.

That direction - is fractional.

The benefits are ENDLESS for businesses looking to bring on fractional talent:

• Budget: The first & most obvious benefit of hiring fractionally - is that you can fulfill a specific role/area of responsibility within your organization - without paying the full-time salary traditionally needed. Do this across several roles & you have some serious cash savings in hand - all while having a full team.

• Productivity: Studies show that fractional employees produce more than 40% MORE output than their full-time counterparts. This is likely linked to the fact that fractional workers choose WHEN & WHERE they work - which often means they are “putting in their time” during their most activated/piqued personal times.

• Expertise: Another major benefit of hiring fractionally - is that your team will ALSO be exposed to other circumstances, solutions, technology, and problems being solved across your industry. This means that the lessons & learnings that your team pulls from other places - immediately gets implemented into their thought process & problem solving capabilities.

• Culture: This one is really important. Because you are hiring team members on “their terms” - you generally attract & retain a SOLID group of professionals who are motivated & personally driven by your mission & values as an organization.

The limit does not exist.

This answer is going to be slightly different PER BUSINESS - but the reality, is that almost every position that you may need - could be hired fractionally.

• Executive Assistants

• Project Managers

• Operations Managers

• Bookkeepers

• CPAs

• Legal

• Sales Support

• Marketing Support

• Customer Service/Success

• Engineering

• Product Support

The truth is - the more OPEN you are to moving to a fractional model for hiring - the more opportunities you have to build a ROBUT team of fractional experts!

I’m glad you asked!

The way that I typically recommend paying fractional team members - is a set retainer each month & specifically based on deliverables/role responsibilities.

This is how you can ensure that yoru fractional team members will STAY WITH YOU for the long-haul.

You are not micromanaging when & how they work - but instead, are happy to compensate them for the work/deliverables being DONE on time.

Now, if your specific roles do require certain time commitments based on the nature of the role, team, and communication of the company - it’s FINE to set this as an expectation.

But for fractional support - you will be paying for someone to OWN the role & it’s responsibilities.

This is going to FEEL like hiring someone full-time….but you get to pay a FRACTION of the price.

For example:

• Role: Fractional Operations Manager

• Typical Salary: $140,000/year [$11,600/month]

• Fractional Retainer: $4,000/month

This is one of the biggest misconceptions about hiring a Fractional Team!

One of the GREATEST assets that fractional team members can bring into your company, is excitement, fresh eyes, and knowledge from the “outside.”

The reality - is that when you hire fractional team members, these folks will also be working with other clients at the same time.

The benefit of that….is that their knowledge, lessons, and learnings that come from OTHER businesses - will immediately be implemented & brought in as an asset to yours.

This variety also ensures that your fractional team stays excited, motivated, and committed to your business & your mission.

The FREEDOM that you give your team when hiring them fractionally - is ACTUALLY the thing that will keep them working with you, for years to come.

You should look at your fractional team members - as LONG TERM team members to your company & not short-term contractors.