With the changes to employer National Insurance set for April 2025, many business owners are taking a fresh look at how they grow their teams. While these changes shouldn’t prompt any knee-jerk reactions about your current staff (they’re valuable for a reason!), they do offer a moment to think differently about other ways that you can take on new talent.
What’s fractional tech leadership all about?
Think of it like having a senior tech expert in your pocket. You get all the wisdom and guidance of a seasoned CTO, but only pay for what you actually need. It’s rather like having a trusted advisor on speed dial. The fractional CTO attends all the important meetings and is on hand to share their experience and advice for effective tech planning and management.
Getting expert help without breaking the bank
Here’s the thing about growing businesses, you’ll often find yourself out of your comfort zone. You need someone with serious tech know-how to help you make the right decisions, but you might not be ready for a full-time CTO with all the trimmings. That’s where fractional leadership comes into its own.
A fractional CTO can be your guide through everything tech in the business. They’ll help you figure out your tech strategy, make sure you’re building things the right way, and give your development team someone experienced to bounce ideas off. They can also handle those tricky vendor negotiations and keep you on the right side of cybersecurity regulations – all without the commitment of a full-time hire.
The money side of things
With the new NIC changes coming up, hiring will become more expensive. Fractional talent offers a different approach. You’re not dealing with employer’s NI or pension contributions, and you can flex the arrangement up or down as your business needs change. Plus, you get access to the kind of expertise that usually comes with a hefty salary package, but without the long-term commitment.
When should you consider a fractional CTO?
Maybe you’re about to embark on a big digital transformation project, or you’re scaling up your tech operations. Perhaps you’re getting ready for a funding round and need to make sure your tech strategy is solid. These are all perfect moments to bring in a fractional CTO.
A fractional CTO should make your existing tech team stronger, not replace them. Your current developers and tech staff know your systems inside out, and that’s incredibly valuable. Think of a fractional CTO as adding another dimension – they bring strategic oversight and mentorship that helps the whole team.
How to measure success
You’ll know your fractional CTO is earning their keep when you see positive changes happening. Your team might be working more efficiently, or those technical headaches you’ve been dealing with start to disappear. You should notice better practices being put in place, and most importantly, you should be able to see real returns on your tech investments.
Bring prepared for NIC: hiring differently
As we head towards the 2025 NIC changes, it’s worth thinking creatively about how you grow your tech capabilities. Fractional leadership isn’t about replacing your current team – it’s about adding expertise that helps everyone perform better.
Whether you’re planning to dial up your digital presence, scale your operations, or just need someone experienced in your corner, a fractional CTO could be exactly what you need to navigate the road ahead.
For a chat about how your business can benefit from a fractional CTO, get in touch!