Is Fractional Human Resources Right for Your Company?
The discipline of human resources involves many different components, including HR Infrastructure, Recruiting Effectiveness, People Performance and Strategy Alignment.
If you ever wondered if outsourcing your company’s HR function makes sense, here are three real-world examples of how companies have benefited from Fractional HR.
- A brand-new start-up needs help establishing core values, policies and procedures, and a company handbook. It’s a big job that will require full-time support at first, but once they’re up and running, they’ll only need occasional support on key initiatives. A company handbook is something you want to get right the first time, and having someone with a depth of HR expertise support this initiative is critical.
- A local business doesn’t have the staff to effectively recruit or stay on top of HR compliance issues. That requires two distinct skill sets that are not commonly found in one person. But their budget won’t stretch to hire two people. By choosing Fractional HR, they get both skill sets at a fraction of the cost of two FTE’s.
- A family-owned company is growing beyond the family and needs to develop an employee relations strategy that builds on their business heritage while also allowing them to grow and create long-term sustainability that can grow with market initiatives. Fractional HR helps provide best practices, objectivity and a powerful strategy to help what can often be a complicating and challenging initiative.
Fractional HR is something every company should consider because of its ability to provide cost-effective HR expertise that is both broad and deep. Most Fractional HR models involve a designated HR professional to manage the relationship, work directly with your leaders and proactively connect other colleagues on the team in a blended approach at the right level, at the right time.
To learn more about whether Fractional HR services are right for your company talk with an Achilles HR professional today at 281-469-1800.