Fractional CTO As A Service: Retain Part-Time Technical Leadership Now 💻
Are you looking for a way to take your business to the next level without the full-time commitment of a Chief Technology Officer? Look no further than my Fractional CTO As A Service offering. As an experienced consultant, I offer expert technical leadership without the burden of hiring a full-time employee — just let me know how many hours you need my help for and for how long and we can take it from there.
As a Fractional CTO, I provide expert technical leadership to help you make informed decisions about your technology needs including taking a business idea that requires a software solution and turning that concept into actual functioning software.
Don’t let technical challenges hold your business or software development teams back. Schedule a consultation today and discover how my Fractional CTO As A Service offering can take your business to the next level.
Table of Contents
Let’s Talk About Your Project
For customers that require a Chief Technology Officer on an interim basis, see my Interim CTO As a Service offering. Additionally my CTO As A Service For Startups page contains details of the service offering as it pertains to funded early stage businesses.
What Is A Fractional CTO?
The Fractional CTO / Part-Time CTO provides strategic guidance and technical expertise to companies that require help on a flexible or as-needed basis. Fractional CTOs typically work with small to medium-sized businesses or startups that may not have the resources or need for a full-time chief technology officer, but nevertheless, require the guidance and expertise of a technology leader.
A Fractional CTO can provide a range of bespoke services, including technology strategy development, project management, vendor selection, technology roadmap creation, team building, and actual hands-on software engineering. A Fractional CTO can also help companies evaluate and implement new technologies, and ensure that technology initiatives are aligned with the company’s overall business objectives.
Part-Time CTOs are often experienced technology executives who have a robust understanding of the latest technology trends and best practices, as well as a strong business acumen. A Part-Time CTO can help business leaders navigate complex technology challenges and make informed decisions about technology investments and priorities. By working with a Fractional CTO, your business can benefit from the expertise of a seasoned technology leader without committing to a full-time hire.
Fractional CTO Services
Benefits of Hiring a Fractional or Part Time CTO
Below I’ve included five benefits that attempt to address the question “What Are The Benefits of Hiring a Fractional CTO?” — this was compiled with help from ChatGPT below:
- Cost Savings: Hiring a Fractional CTO is more cost-effective than hiring a full-time Chief Technology Officer as they are hired on a part-time or project basis.
- Expertise: A Part Time CTO brings a wealth of expertise and experience to the company, which can be leveraged to improve technology and business strategies.
- Flexibility: A Part-Time CTO can be scaled up or down based on the needs of the company, allowing for more flexibility.
- Objectivity: As an outsider, a Fractional CTO can bring a fresh perspective and objectivity to the company, which can lead to new and innovative solutions.
- Access to a Network: Part Time CTOs often have a large network of professionals in their industry, which can be valuable for companies looking to grow and expand.
Fractional CTO Rates
The hourly rates to hire a Fractional CTO can vary depending on factors such as the experience and expertise of the part-time CTO, the industry and size of the company, the scope and complexity of the work required, and the location of the company.
Fractional CTOs typically work on a part-time basis, so the total cost will depend on the number of hours worked each week or month. Many Part-Time CTOs offer different pricing models, such as retainer-based, project-based, or equity-based compensation, which can affect the hourly rate.
Flexibility is a built-in feature when you retain my services to help your business as either an Interim CTO or Fractional CTO. I engage with clients via any number of billing strategies including hourly and day rates. I encourage you to contact me in order to speak about your specific project and we can review ways in which I may be able to help your business.
Part Time CTO Rates From ZipRecruiter
The following can be found on the ZipRecruiter website and pertains to the salary for part time CTO s and see also the article entitled How Much Do Part Time CTO Jobs Pay per Hour?:
As of Apr 27, 2023, the average annual pay for a Part Time CTO in the United States is $148,505 a year.
Just in case you need a simple salary calculator, that works out to be approximately $71.40 an hour. This is the equivalent of $2,855/week or $12,375/month.
While ZipRecruiter is seeing annual salaries as high as $292,500 and as low as $23,000, the majority of Part Time CTO salaries currently range between $90,000 (25th percentile) to $200,000 (75th percentile) with top earners (90th percentile) making $252,500 annually across the United States. The average pay range for a Part Time CTO varies greatly (by as much as $110,000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Hourly Wage for CTO on Salary.com
Salary.com has a page with hourly wage information pertaining to Chief Technology Officer s in the United States.