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Fractional vs interim vs consultant: which do you need?

6 min read · updated 2026-07-01
TL;DR

A fractional executive is embedded and part-time (10 to 40 hours per month, ongoing). An interim executive is embedded and full-time (40+ hours per week, temporary). A consultant is external and project-based. Pick fractional for ongoing gaps, interim for coverage, consulting for defined deliverables.

CriterionFractionalInterimConsultant
Time commitment10–40 hrs/mo, ongoing40+ hrs/wk, temporaryProject-based
Embedded in org?Yes, on org chartYes, on org chartNo, external
Owns outcomes?YesYesDelivers report or project
Typical duration6–18 months3–9 months4–12 weeks
Cost (US, 2026)$6K–$20K / mo$18K–$40K / mo$50K–$300K / project
Best forOngoing gap, cannot afford FTCovering a departure or leaveDefined deliverable or study
Board-facing?OftenAlmost alwaysRarely
Reports toCEOCEOSponsor executive

Fractional executive

Best when you have an ongoing functional gap and cannot justify a full-time salary. A fractional CFO, CMO, or COO commits 10 to 40 hours per month on a recurring basis, sits on the leadership team, and owns their function's outcomes. Duration is elastic — often 6 to 18 months, sometimes multi-year.

Interim executive

Best when a full-time executive has left, is on leave, or has not yet been hired. An interim CFO, CMO, or COO commits full-time, usually 3 to 9 months, and holds the seat until a permanent hire is in place. Cost is higher because commitment is total.

Consultant

Best when the need is a defined deliverable — a pricing overhaul, market entry plan, M&A model, or system implementation. Consultants deliver a project and leave. They are not on the org chart and do not own ongoing operations.

How to choose

Ask three questions. Is the need ongoing or discrete? Ongoing → fractional or interim. Discrete → consultant. Is the need part-time or full-time? Part-time → fractional. Full-time → interim. Will you hire full-time within 6 to 12 months? Yes → interim as a bridge. No → fractional or consultant.

Cost bands (2026, US)

Fractional: $6,000 to $20,000 per month. Interim: $18,000 to $40,000 per month. Independent consultant: $2,000 to $5,000 per day, or $50,000 to $150,000 per project. Boutique consulting firm: $75,000 to $300,000 per project. Tier-one firm: $250,000 to $1M+ per project.

Hire a vetted fractional executive.

Post a private mandate on RecruitFractional and receive a vetted shortlist of C-suite and VP-level operators within 72 hours.

FAQs

Can one person be all three?

Yes. Many senior operators run a mix. But each engagement is one mode: fractional retainer, interim contract, or consulting SOW.

Is interim more expensive than fractional?

Per month, yes — usually 2x to 3x. Per hour, similar. Interim costs more because the commitment is total.