Questions
What is Fraconomy US ↔ Asia?
A network of senior fractional executives who work across the US and Southeast Asia: Singapore-based operators for US companies expanding into Asia, and US-based operators for Southeast Asian companies selling into the US. Usually one to three days a week.
What does a fractional GM Asia cost?
On the Corridor Rate Benchmark, a Singapore-based fractional GM Asia costs about US$5,000 to 6,000 a month for one day a week and US$10,000 to 12,500 for two. The same person full-time costs about US$217,000 a year with CPF.
Do we need a Singapore entity to start?
Not to start. A fractional operator works as a contractor, so you can test the market before you set up a company. When you do hire employees locally, you need your own Singapore entity or an employer-of-record, and foreign hires need an Employment Pass.
How do contracts and payments work across borders?
Today we set up each engagement with you: the contract, invoicing in US dollars, and the local compliance steps, working with vetted employer-of-record partners where a local contract is needed. Self-serve payments and contracts are in build.
How quickly can someone start?
We aim to send two or three operators who have done the job before within 5 working days of your brief. Most engagements start with a short, scoped first sprint.
What does Fraconomy charge?
The brief is free. The company plan is US$499 a month while you hire or are engaged, and a 10% placement fee applies to the operator's fees for the first six months of each engagement. Operators keep their full rate.