CULTURE WORKS – WE KEEP YOU TOGETHER WHEN SOCIAL DISTANCING KEEPS YOU APART!
CULTURE CONNECTIVITY FOR YOUR PURPOSE, PEOPLE AND PROCESSES.
When to Hire a Fractional HR Team
If your human resources team feels like they don’t have enough time in the day to contribute to crafting your company culture in a profound way, you may want to consider hiring a fractional HR team. At Culture Works, our team sets out to assist your HR professionals with all their operational processes. Let’s dive deeper into how a fractional human resources team can help your organization see greater success.
What is fractional HR?
Fractional HR relationships are built on the idea of adding another team member (or members) to your existing team. A fractional team partners with your in-house HR stakeholder and team to develop a strategic partnership. When you hire a fractional team, you experience something similar to hiring a part-time employee or team of employees. This idea behind fractional relationships is a partnership rather than a replacement.
How are fractional relationships different from outsourced relationships?
Outsourcing is a more general term as it relates to outside assistance for various needs. If you choose to outsource, you could be hiring a replacement team instead of an in-house team, or it could be more fractional in nature.
What are the benefits of choosing to use a fractional HR company?
Expertise and Resources
When you hire a team of human resources experts, you receive a depth of expertise that is different from hiring another team member. With multiple people touching your project, you receive advice and information from various expertise levels. Newer members can provide a more innovative approach, while more experienced members can offer years of experience in solving similar problems.
With this many people on your team, you open yourself up to a greater network of people who can help. You also give yourself access to the resources that only HR professionals who have been in the industry for 10+ years have access to. Who wouldn’t want that level of expertise and resources?!
Tailored Game Plans
When you work with a company, like Culture Works, you receive a tailored approach to solving your specific problems. We understand that all organizations have different needs when it comes to HR. Some need more assistance in the talent development process, others with recruiting, and some need a greater emphasis on culture operations. Our HR specialists understand the ins and outs of all of these specific needs, and they are ready to help your company see greater success.
Cost-effective
Lastly, hiring a fractional HR team is actually more cost-effective than hiring another team member or two. HR Generalists typically have a salary of around $70,000- $80,000. An HR Specialist makes around $60,000. Not to mention the benefits, vacation, and other expenses that go along with hiring a new team member. When your hire a fractional HR team, you receive four experts in HR for the price of one!
