The three pricing models, and what each one signals
A monthly retainer is the standard for genuine fractional work — it buys an embedded operating seat with defined cadence, and it signals an advisor who expects to be accountable for outcomes over months. A day rate suits short, bounded work — a review, a workshop, an audit window — but at an ongoing cadence it quietly becomes hourly billing with better branding. Project fees fit a defined deliverable with a measurable target, such as a process transformation or a quality audit. Be wary of anyone senior who insists on open-ended hourly billing for an operating mandate: the incentive runs against the speed you are paying for. The model an advisor chooses tells you how they think about accountability.