According to www.salary.com, the average maximum compensation for executive salaries in the United States is $202,634 as of February 2021, but the range typically falls between $180,408 and $204,879. Of course, this range includes many factors, but you can look at these numbers (and add-on benefits) to figure out if your company is large enough and profitable enough to hire a full-time executive. If you're a small to medium size business, your answer may be "no," and this is where we can help.
Hiring a fractional executive is an option for companies that are not ready to commit to a full-time, permanent employee but need the skills and experience of an executive-level professional. Fractional executives can offer insight and expertise without the long-term commitment or cost of hiring a full-time, permanent executive.