How much does a fractional coo cost?

Now that we know what the full-time equivalent would be, let's take a look at the labor market, because what you'll pay is also affected by “the current rate”. Part-time business operations A fractional operations director is a leadership executive who acts as a part-time director of operations. The responsibilities of a fractional operations manager can vary and are typically customized to the needs of the business, including those in marketing, sales, IT, and operations. A fractional chief operating officer can also act as a principal consultant and business advisor to help your company thrive.

Fractional operations managers are valuable and affordable assets for your organization who bring the same skills and experience as a high-level industry veteran at a fraction of the cost. Whether you're a new company or if you've been in business for a while, a fractional COO could be a good fit for you. A fractional COO is a business professional with many years of experience who is willing to work on a temporary, part-time basis for an hourly rate that would normally be equivalent to hiring someone full time. Because a fractional COO only works part-time or on a contract basis, he doesn't receive a full-time salary or company benefits.

Outsourcing a fractional operations manager can ease some of the burdens, so you can rest for as long and recover with more strength. Therefore, it makes sense to start by hiring a fractional chief operating officer (COO) who can help in this area for a fraction of the wage rate. Depending on the operational needs of the organization, sometimes fractional COOs may be used to fulfill specific purposes and temporary projects.

Joshua Bonifay
Joshua Bonifay

Hipster-friendly pizza expert. Total music fanatic. Avid bacon guru. Proud twitter fan. Incurable zombie evangelist. Hardcore zombie geek.

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