How much does fractional CHRO cost?
The cost of a fractional CHRO can vary depending on factors like their experience, the scope of work, and how much time they’ll be dedicating to your business – in other words, what they’ll be doing and how many days per week / month you need them for. Consultancy at this level is a business investment and the work our People Directors do with our clients is genuinely transformational, with impact on the productivity and profitability of the business as a whole. The advantage is that you can tailor their engagement to suit the budget of your business, at significantly less cost than a full time equivalent.
The investment can be well worth it if you need high-level HR expertise to drive your business forward but aren’t ready for a full-time People Director. Plus, the flexibility allows you to scale their involvement up or down based on your needs. People Puzzles has worked with over 1000 clients over the last 14 years and our clients grow an average of 30% over a 12-month period.
It is also worth bearing in mind that because our own recruitment standards are so high, you are guaranteed the highest calibre of Director, who has worked at Board level with proven expertise and impact. There are therefore no lengthy recruitment processes or costs, no training or onboarding periods, and the commercial impact can begin from day one.