What it is
A fractional executive is an experienced senior leader, typically a CFO, CMO, COO, CTO or CHRO, engaged on a part-time, ongoing basis rather than hired full-time. The arrangement is usually one or two days, or ten to twenty hours, a week on retainer, and the executive often holds the same kind of arrangement with more than one client at the same time. Engagements commonly run for several months and renew for as long as the business needs the function led at that level.
It is easy to confuse with interim management, but the two solve different problems. An interim executive works full-time and temporarily, covering a gap until a permanent hire is found. A fractional executive works part-time by design, often indefinitely, because the business has decided it needs senior strategic leadership without the workload, or the budget, that a full-time seat would require.
A fractional executive is not a cheaper full-time hire. It is a different commercial relationship, sized to the hours the business actually needs.
Why it matters
Fractional mandates are a distinct type of business for a desk to recognise, not a smaller version of a normal executive search. A startup, an SME or a private-equity-backed portfolio company that needs fractional leadership often does not think to call a recruitment agency at all; it turns to a fractional-talent platform or a personal network instead. The consultant who spots the need first, from a funding round, a leadership departure or a function being built out for the first time, gets to originate the conversation rather than compete for it later.
The candidate pool is different too. A fractional search is not about persuading someone out of a full-time role, it is about finding senior people who have deliberately chosen a portfolio career and are actively looking for their next part-time mandate. Sourcing and commercial terms both need to reflect that this is a recurring, part-time relationship, not a single placement against one annual salary.
How boilr handles it
boilr watches for the signals that often precede a fractional-executive need, such as a funding round, a leadership departure or a fast-scaling headcount at a company that is not yet ready for a full-time senior hire, and flags them to the desk before the role reaches a job board or a fractional platform. Because the profile of a fractional-stage company looks different from a typical permanent-hire target, a desk can run a separate ICP for fractional mandates and let boilr apply it to signal detection on its own terms.
On the candidate side, boilr keeps the desk's bench of fractional-friendly senior talent in the Company Brain, so when a new mandate appears the matching candidates surface immediately instead of the search starting from zero. Relationships built during one fractional placement stay warm and visible for the next mandate, rather than living only in the notes of whichever consultant ran the search.