Fractional recruitment agency · UK-wide

A recruitment agency that sells days, not heads.

Fractional Quest is a fractional recruitment agency and fractional executive search firm: we place experienced CFOs, CTOs, CMOs, COOs, CPOs, CHROs and CISOs into part-time, ongoing leadership roles at one to three days a week, structured outside IR35 by default.

Every grain behind this sentence is an operator in a network that already exists — which is why a graded shortlist takes days rather than the six to twelve weeks a retained search spends sourcing from a blank sheet.

£800–£2,000
C-suite day-rate band
1–3 days/wk
typical engagement
0%
of first-year salary as a search fee
Scroll to descend

01 · one brief, three ways to buy it

Permanent, interim, fractional.

The three models solve different problems, and choosing between them is the first real decision — not choosing a candidate.

Permanent suits a mature, full-load role you will staff for years.

Interim is full-time but fixed-term, built for a crisis, a turnaround or cover — and because it looks like employment it is more often assessed inside IR35, at a UK average day rate of around £894, rising to £970 in the private sector.

Fractional is part-time and ongoing: a slice of senior capacity, usually structured outside IR35, that flexes with the company.

Interim day rates: Institute of Interim Management, National Survey 2025.

The right questionnot "who", but "how much"
The right question isn’t “fractional or full-time?” — it’s “how much senior leadership does this stage of the company actually need?”

If the function needs senior judgement more than senior bandwidth, fractional fits.

02 · how the agency works

From brief to boardroom in four steps.

No 200-CV inbox, and no three-month retained search.

You give us the shape of the role; we return a graded shortlist of operators who have done it before.

The method04 steps
  1. 01Submit your briefQUICK

    Role, stage, sector, cadence, budget. A few minutes — no account, no call required to start.

  2. 02We analyse & matchAUTOMATED

    We grade every candidate on rate percentile, fit, and IR35 structure against our placement dataset.

  3. 03Meet your shortlistFAST

    3–5 vetted operators, each with the analysis layer attached. No CV deluge — just qualified matches.

  4. 04Place & onboardSUPPORTED

    Outside-IR35 contract template included. 30 and 90-day check-ins. Re-scope or replace if needed.

You bring the brief.
We return the shortlist.

Past this line — what a fractional recruitment agency actually does with it.

03 · what we recruit

Fractional recruiters across seven functions.

Fractional recruitment, fractional recruiting, fractional management recruitment — the vocabulary varies, the work does not.

One network covers all seven C-suite functions rather than seven separate desks, which is why a brief that turns out to need a CPO instead of a CTO does not restart the search.

Every band below is benchmarked, not quoted.

04 · agency vs retained search

A network that exists, or a search that starts.

Traditional retained executive search runs a six-to-twelve-week bespoke process for one permanent hire and charges 25–30% of first-year salary.

A fractional recruitment agency matches against a pre-vetted network for a part-time, ongoing placement — which removes the sourcing phase, the employer NI and the notice period at the same time.

The recruitment industry this sits inside contributed £42.9 billion of direct gross value added to the UK economy in 2021 and made 540,000 permanent placements; fractional unbundles that unit rather than competing with it.

Industry scale: REC, Recruitment Industry Status Report 2021/22 (published 30 November 2022).

Fractional vs full-time vs interim7 rows

Rows ported verbatim from this page’s own comparison table. Employer NI: gov.uk. IR35: HMRC.

05 · our edge

We analyse every match. Other agencies just send CVs.

Before any operator reaches your shortlist we grade them on three signals — and show you the working.

Three, not five: the page grades on rate, demand and structure, and inventing a fourth axis would be inventing a fact.

The grading layer01 / 03

06 · what it costs

Every rate, every unit, no hidden margin.

Day rates are published transparently per role, and we never add a margin to the operator’s rate — you see the same number the operator does.

This is the site’s own rate comparator, brought into the scroll: switch the unit and the engagement model and the bands recompute.

Annual figures assume 220 billable days; the full-time column is a contractor-day equivalent, not a salary.

Rate & salary comparison What it actually costs.

Currency: GBPVERIFIED · INSTITUTIONAL DATA
Unit
Engagement mode
DAY · FRACTIONAL
ASSUMPTIONS: 220 BILLABLE DAYS · 1.42× LOADED FOR FT
CFO / Finance Directorrange · £700£3k/day
£700
low
£2k
mid
£3k
high
CTOrange · £800£2k/day
£800
low
£1k
mid
£2k
high
COOrange · £800£2k/day
£800
low
£1k
mid
£2k
high
CMOrange · £700£1k/day
£700
low
£1k
mid
£1k
high
CPO / Chief Product Officerrange · £850£1k/day
£850
low
£1k
mid
£1k
high
CHRO / Chief People Officerrange · £600£1k/day
£600
low
£900
mid
£1k
high
CISO / Security Headrange · £900£2k/day
£900
low
£1k
mid
£2k
high

Wired to components/blocks/RateComparator.tsx and lib/content/rates.ts. Underlying bands trace to FACTS.md rows sourced from Robert Half, ITJobsWatch and Exec Capital.

07 · the economics

Senior firepower at ~16% less than full-time.

A worked example: a fractional CMO at 2.5 days a week against a loaded full-time CMO, both in year one.

Two costs disappear entirely — employer National Insurance, which rose to 15% in April 2025, and the 20–30% of first-year salary a permanent C-suite search fee typically costs.

On a £110,000 base that fee alone is £22,000–£33,000 before the person starts.

Year-one costMorgan McKinley

Fractional CMO · 2.5 days / week

£130,000YEAR 1
  • Day rate£1,000 × 130
  • Employer NI£0
  • Benefits & equity£0
  • Recruitment fee£0

Full-time CMO · loaded cost

£154,000YEAR 1
  • Base salary£110,000
  • Loaded +40% (NI 15%, pension, benefits)£44,000
Year-one saving£24,000 · ~16%

Worked example illustrative and marked as such. Salary and loaded-cost figures: Morgan McKinley UK Salary Guide. Employer NI at 15% from April 2025: gov.uk.

08 · the proof

Real vacancies. Never fabricated.

The board below shows live fractional executive mandates from the last 90 days, queried from the pipeline rather than baked into the page.

When there are no live roles it says so and collapses, because a recruitment agency that pads its board is telling you something about the rest of its numbers.

Rates appear only when the posting states them; anything estimated is labelled estimated.

Back into daylight.
The complete guide to fractional recruitment.

Everything below is the reference material — benchmarks, sources, and the questions we are asked most.

08 · The complete guide

Fractional executive search firms — UK’s complete guide

C-suite day rate band
£800–£2,000 per day
Robert Half + ITJobsWatch 2026
Employer NI
15% from April 2025
HMRC
Engagement
1–3 days/wk outside IR35 by default
UK fractional standard
London premium
15–20%
ITJobsWatch · FD Capital

Fractional executive search firms place experienced C-suite leaders into part-time, ongoing roles — typically one to three days a week — instead of permanent full-time hires.

For UK scale-ups and PE-backed companies, it is how you get a £150k–£300k calibre of CFO, CTO, CMO, COO, CPO or CHRO at a Series A budget, without the loaded cost, the 20–30% recruitment fee, or the three-month notice period of a permanent appointment.

Unlike a traditional retained search — which starts a 6–12 week sourcing process from a blank sheet — a fractional placement matches against an existing, pre-vetted network.

See our comprehensive guide to executive search firms for a comparison with traditional retained search, or explore the top fractional executive search firms specialising in part-time placements.

The shortlist is graded on the things that de-risk the hire: day rate against the live market, demand for the role, and IR35 structure.

You meet a small set of operators who have done the job before, not a 200-CV inbox.

Traditional executive search is a large, mature industry — the global executive search and leadership advisory market reached roughly $20bn in 2021 (AESC), typically charging 25–30% of first-year salary on a retained basis for a single permanent placement.

Fractional executive search firms unbundle that model: instead of one full-time hire and a five-figure fee, you buy ongoing senior capacity by the day.

It fits a market where C-suite tenure is short and shortening — FTSE 100 CFO tenure fell to a record-low 4.95 years in 2025 (Russell Reynolds).

Fractional vs interim vs permanent

The three models solve different problems.

Permanent suits a mature, full-load role you will staff for years.

Interim is full-time but fixed-term — built for a crisis, a turnaround, or cover — and, because it looks like employment, is more often assessed inside IR35; UK interim day rates average around £894, and £970 in the private sector (IIM 2025 survey).

Fractional is part-time and ongoing: a slice of senior capacity, usually structured outside IR35, that flexes with the company.

The right question isn’t “fractional or full-time?” — it’s “how much senior leadership does this stage of the company actually need?”
Outside IR35 is decided by the working practices, not the job title.

HMRC’s CEST tool assesses substitution, mutuality of obligation and control. Our standard fractional contract is built to sit outside IR35 when the arrangement matches it. HMRC IR35 guidance · Check employment status for tax (CEST).

The economics

What a fractional executive costs

Fractional CMO · 2.5 d/wk
£130,000 yr 1
Morgan McKinley
Full-time CMO loaded
£154,000 yr 1
Morgan McKinley
Year-1 saving
£24,000 ~16%
Morgan McKinley
Employer NI (Apr 2025)
15%
gov.uk

Fractional day rates run roughly £700–£2,000 depending on function, seniority and company stage, with London commanding a 15–20% premium over regional markets.

A fractional CMO at 2.5 days a week (about £1,000/day) costs around £130,000 a year, versus roughly £154,000 for a loaded full-time CMO once you add employer National Insurance, pension and benefits — a saving of about 16%.

Sources: Robert Half UK Salary Guide, Morgan McKinley.

Two costs disappear entirely with a fractional engagement.

Employer National Insurance rose to 15% in April 2025, applied to every permanent salary — gov.uk.

And recruitment fees for a permanent C-suite hire typically run 20–30% of first-year salary, often £44k–£66k before the person starts — Robert Half.

A fractional placement carries neither.

Employer National Insurance rose to 15% in April 2025.

That lifts the loaded cost of every permanent hire. A fractional engagement carries no employer NI, pension or recruitment fee. gov.uk National Insurance rates.

Benchmarks

Day rates & full-time salaries by role

RoleFractional day rateFull-time salary (UK)Source
CFO£900–£1,400/day~£137k (£80k–£220k all-in)Robert Half · ScaleWithCFO
CTO£800–£2,000/day£160,500 medianRobert Half · ITJobsWatch
CMO£700–£1,300/day~£110k baseMorgan McKinley
COO£900–£1,600/day£137,834 medianExecCapital
CPO£850–£1,450/day£120k–£200k+Exec Capital
CHRO£800–£1,600/day£162,087 medianRobert Half · Ashdown Group

Fractional vs full-time vs interim

FractionalFull-timeInterim
Time commitment1–3 days/week5 days/week5 days/week
Engagement6–18 months, ongoingPermanent3–12 months, fixed
IR35 statusUsually outsideEmployee (N/A)More often inside
Employer NI (15%) + pensionNoneYesOften via umbrella
Recruitment feeLow % of billings20–30% of salary20–35% of salary
Indicative annual cost£117k–£208k£200k–£350k loaded£280k–£450k
Best forStrategic leadership, scale-upsMature full-load rolesCrisis / transition

The decision

When to hire fractional vs full-time

The trigger for a fractional hire is usually a gap between the strategic need and the workload.

A Series A company needs CFO-grade financial leadership for the board, the raise and the model — but rarely five days a week of it.

A scaling product business needs a CTO to set architecture and hiring standards long before it needs a full-time one.

As a rule of thumb: if the function needs senior judgement more than senior bandwidth, fractional fits.

Finance, marketing, technology, operations and people leadership at the £2M–£50M revenue stage are the classic cases — the point where a full-time C-suite hire is premature but the expertise is essential.

Not sure which model fits? The fractional rate calculator compares the loaded annual cost of fractional, interim and full-time for your role and cadence.

The method

How fractional executive search firms vet & match

Every operator in the network is vetted on track record, references and engagement history before they appear in a shortlist.

When you submit a brief, we grade candidates on three signals — rate percentile against the FACTS.md rate index, demand, and IR35 structure — and show you the working, not just a name.

You meet three to five operators, each with the analysis attached.

If the first set isn’t right you get a free re-shortlist, and a replacement guarantee within the first 90 days, with structured 30 and 90-day check-ins to catch scope drift early.

Every engagement ships with an outside-IR35-ready contract template you can have your own accountant review.

Executive search & headhunting

Related roles

Evidence

Sources & methodology

Every figure on this page traces to one of these third-party sources via FACTS.md. No self-citation, no invented statistics.

UK Salary Guide 2026
roberthalf.co.uk
Permanent C-suite salary benchmarks.
CTO contract day rates
itjobswatch.co.uk
Live UK CTO contractor rate data.
COO Salary Guide 2026
execcapital.co.uk
UK COO median and range.
IR35 — find out if it applies
gov.uk
HMRC off-payroll working rules.
Employer National Insurance rates
gov.uk
15% employer NI from April 2025.
HR Salary Guide
ashdowngroup.com
CHRO / HR permanent salary medians.
Executive search industry size
aesc.org
Global executive search & leadership advisory revenues (~$20bn, 2021).
Global CFO Turnover Index
russellreynolds.com
FTSE 100 CFO tenure at a record-low 4.95 years (2025).
IIM Interim Management Survey 2025
iim.org.uk
UK interim day rates — £894 average, £970 private sector.
UK Salary Guide
morganmckinley.com
CMO base salary and loaded full-time cost — the year-one worked example.
Check employment status for tax (CEST)
gov.uk
HMRC’s own status tool — the one the IR35 copy on this page refers to.
Recruitment Industry Status Report 2021/22
rec.uk.com
UK recruitment industry — £42.9bn direct GVA and 540,000 permanent placements in 2021.

09 · Questions

Fractional hiring, answered

For hiring companies

How do I hire a fractional executive in the UK?
Define scope (role, days/week, sector, IR35 structure), brief us, and we match against our pre-vetted UK network. Most engagements start in 2–4 weeks at £800–£2,000/day — and we structure outside IR35 by default.
What is a fractional recruitment agency?
A fractional recruitment agency places experienced executives into part-time, ongoing leadership roles — usually 1–3 days a week — rather than permanent full-time hires, at a fraction of the loaded cost and with no 20–30% recruitment fee.
Are fractional executive search firms the same as a fractional recruitment agency?
In practice, yes. Fractional executive search firms and fractional recruitment agencies both search for, grade and place senior leaders into part-time, ongoing roles rather than permanent hires. Fractional Quest does both — we place fractional CFOs, CTOs, CMOs, COOs, CPOs and CHROs across the UK, structured outside IR35.
How do fractional executive search firms differ from traditional retained search?
Traditional retained executive search runs a 6–12 week bespoke process for one permanent hire and charges 25–30% of first-year salary. Fractional executive search firms match against an existing, pre-vetted network for part-time, ongoing placements — faster, at a fraction of the fee, with no employer NI or notice period.
How fast can you really deliver a shortlist?
We match against an existing, pre-vetted network rather than starting a search from scratch — so we skip the 6–12 week sourcing phase that traditional retained search requires, and return a graded shortlist in a fraction of the time.
What does it cost to hire through Quest?
We charge a fraction of the 25–30% of first-year salary that traditional executive search charges. Day rates are published transparently per role; we never add a hidden margin to the operator’s rate — you see the same number the operator does.
What if the first match isn’t right?
You get a free re-shortlist if the first set isn’t right, and a replacement guarantee within the first 90 days, with structured 30 and 90-day check-ins.
What stage and size of company do you work with?
Our sweet spot is Series A–C scale-ups and PE-backed companies from roughly £2M–£50M revenue.

Costs, IR35 and coverage

How much does a fractional executive cost in the UK?
Day rates typically run £700–£2,000 depending on role and stage, with a 15–20% London premium. A fractional CMO at 2.5 days/week works out around £130k/year versus ~£154k for a loaded full-time CMO. See Robert Half.
Are fractional executives inside or outside IR35?
Most fractional engagements are structured outside IR35 — part-time, multi-client, with right of substitution and no mutuality of obligation. Interim assignments are more often inside IR35. HMRC’s guidance: IR35 — find out if it applies.
Are your fractional executives genuinely outside IR35?
Every role is structured outside IR35 by default, with right-of-substitution, no mutuality of obligation, and contractor-controlled working — designed to pass HMRC’s CEST tool when the arrangement matches the contract.
Fractional vs interim — what’s the difference?
Interim is full-time, fixed-term cover for a crisis or transition and is more often inside IR35. Fractional is part-time, ongoing senior capacity, usually outside IR35, that flexes with the company.
How do I find a fractional CFO, CTO or CMO?
Brief us on the role, stage and cadence and we return a graded shortlist. See fractional CFO, fractional CTO and fractional CMO.
Do you only cover London?
No. We place nationwide — London, Manchester, Edinburgh, Bristol, Cambridge, Leeds and fully remote. London carries a 15–20% day-rate premium; regional markets pay the national band.

For operators

How is this different from a normal job board?
Job boards list permanent roles and bury fractional ones. We are fractional-native — every mission is graded on rate percentile, fit and IR35 structure.
Does it cost anything to join as an operator?
No. Creating a profile, setting your availability and browsing missions is free for operators. We earn our fee from the hiring company.
Will my rate be benchmarked fairly?
Yes — every mission shows where its rate sits against our placement dataset. You’ll know instantly whether a role is paying market, above, or below.
Can I work with multiple clients at once?
Absolutely — that’s the model. Most of our operators run two or more clients simultaneously.
Do I need to be in London?
No. We have live missions nationwide and fully remote.
How do you handle IR35 for me?
Every mission is outside IR35 by default, with a pre-vetted contract template you can have your own accountant review.

› two ways in

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One platform, both sides of the market. Pick your path.

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Fractional recruitment agency and fractional executive search firms — Fractional Quest