As any business owner knows, Human Resources is an integral function of the overall success of your company. Regardless of the size of your team, HR demands efficient and strategic processes that produce results that reflect your goals and values. However, not every company has the resources to support a full-time HR employee on staff. Supporting an additional full-time salary can break the bank and still not provide you with the precise results you desire for your business. If this dilemma sounds familiar, fractional, On-Demand HR consultants are the solution for you and your business.
What is Fractional, On-Demand HR?
Fractional HR consultants provide you the opportunity to gain the expertise of a seasoned HR professional who possesses the skills and knowledge to enhance your HR requirements on an on-demand basis. This means you only pay for the services when you need them. This significantly reduces overhead costs of a full-time employee, while providing precise results and achieving specific goals. Many clients use our on-demand consultants on a part-time or project basis.
What can a Fractional HR Consultant do for your Company?
Every company’s HR demands require varying services dependent on their specific needs at the time. Hiring fractionally allows consultants to customize solutions for your business’s specific needs. This could be, implementing more efficient processes, restructuring existing programs, developing more effective employee resources, employee transition plans or compensation policies…the list goes on. The best way to understand the benefits of a fractional HR professional is to learn more about the services they can provide for your company’s Human Resources.
Hiring fractional enables your team to have an expert HR consultant at your fingertips for general HR advisory assessments. This gives your business the tactical and strategic HR advice that will enable you to develop efficient processes and policies. HR advisory can also include risk management assessments, workplace audits and investigations.
Human Resources are responsible for not only recruiting new talent, but further developing existing talent to achieve success. Fractional consultants come on-board to create a customized talent development solution based on your team’s needs. These solutions are rooted in outcome-oriented, interactive learning practices for your employees. A consultant’s services can be tailored to individual or team development requirements.
Seasoned experts in a variety of world class assessment tools can be easily accessible to your business by hiring fractional. Finding full-time HR employees who are educated and skilled in psychometric testing is difficult and often expensive. On-demand HR experts who possess proficiency in psychometric testing collaborate with your team to provide thorough assessment processes and tools for individuals or teams. All of this at the fraction of the cost of hiring someone full-time.
Career transitions take on many different forms, all of which demand efficient systems that ensure they are adequately accomplished. On-site termination, career planning, executive outplacement and retirement planning are some of the few program requirements of HR. Fractional HR consultants can be hired on to assist with any/all of these in order to ensure your processes and policies are compliant and applicable.
In order to successfully recruit precise, experienced talent for your company, talent acquisition strategies must be creative, thorough and resourceful. Sufficient talent acquisition requires a substantial time commitment, that of which many companies don’t have the inhouse resources to provide. On-demand consultants can lead talent acquisition programs to streamline the process, resulting in adequate proficiency. Incorporating best fit analysis and on-boarding support will ensure your new hires are the right fit for your company.
Due to the volume of many companies HR resources, or lack thereof, coaching programs can be difficult to implement and maintain. Fractional HR consultants can develop and apply creative, evidence-based coaching models to your company to ensure consistency is sustained. These coaching models are then tailored to cater to your company’s specific goals.
If you need assistance with any of the above services, or have other specific HR needs, don’t hesitate to reach out today. Our team of consultants can support your business for an hour, a day, or on a special project. You call the shots!
We have over 30+ years of experience working with businesses in South Western Ontario and would love the opportunity to help you and your company with your next HR project. Reach out anytime to chat!
Terry Gillis, CEO