This work model has gained popularity in recent years due to the increasing demand for flexible and cost-effective solutions for businesses to access specific expertise.
Contractors are usually paid on a project basis or hourly rate and are responsible for paying their own taxes and expenses.
Instead, fractional workers work for multiple clients or employers, usually remotely, and may offer specialized expertise.
Fractional work can be project-based or ongoing, and may involve a higher level of autonomy and flexibility than traditional part-time employment.
Fractional professionals are experts in specific fields, such as finance, marketing, human resources, or information technology, who provide their specialized skills and services to multiple clients.