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First things first, what are fractional roles? Picture this: You’re a growing startup that needs a top-notch CFO, but your budget can’t quite stretch that far. This is where a fractional CFO comes in, offering expert strategic advice only the days you need them!
For employers, it’s the perfect way to tap into top-tier talent without the long-term commitment. We like to say it’s about getting 100% of that superpower at a fraction of the cost.
For workers, particularly those with years of experience, fractional roles offer the chance to contribute their skills without the demands of a full-time role, so they can spend time with their family, hobbies and rest.
Unlike younger professionals who are often still building their experience, older professionals are often sought out for their strategic insights and ability to make high-impact decisions quickly.
So, what types of roles are companies in Singapore hiring on a fractional basis?
In finance, fractional CFOs, financial controllers, and tax consultants are in high demand among SMEs and startups looking to scale sustainably.
They provide strategic financial oversight without the hefty price tag of a full-time role.
In the technology and digital transformation sectors, we’re seeing a rise in fractional CTOs, data scientists, and digital strategists who step in during those crucial project phases.
These roles work perfectly on a fractional basis because their specialised skills are needed most at specific stages of a company’s growth or digital journey.
And then there’s Marketing and Branding, where fractional CMOs are coming to the rescue of SMEs and startups. These leaders craft high-impact marketing strategies and execute campaigns, stepping back once the core objectives are met.
Human Resources is also embracing the fractional model, with more companies bringing in fractional HR leaders to shape their talent strategy and drive organisational development.
This approach allows businesses access senior HR expertise as and when they need it, without the full-time costs.
Lastly, there are Consulting and Professional Services, like strategic consulting, compliance, or legal advisory.
These roles are ideal for startups and growing enterprises that need guidance on a project-by-project basis. They bring in that expert knowledge just when it’s needed most, with no long-term commitment.
With fractional roles, both local workers and employers can thrive in a more flexible and cost-effective way.
