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6 Advantages of Engaging a Fractional People Director over a Full-Time Hire
In today’s competitive business landscape, companies are constantly seeking ways to optimise their operations and drive growth.
One key area that organisations often struggle with is HR. Traditionally, the solution has been to recruit a full-time HR professional. But in such a wide ranging area of the business, it can be challenging to find someone who can cover both the day-to-day operational HR needs as well as the more strategic development side. One really effective approach which has gained traction in recent years is engaging a fractional People Director.
There are multiple benefits of taking on a more senior HR professional on a part time basis for all your HR support needs, from the absence of recruitment fees to the lack of long term commitment. And when you factor in the invaluable experience and skills our nationwide team of fractional People Directors bring to the table, this could be an incredibly effective – and cost-effective – solution for your business.
No recruitment fees
Recruiting a full-time HR professional can be a costly process. It involves advertising the position, conducting interviews, and performing background checks, all of which require significant time and financial resources. By engaging a fractional People Director, companies can avoid these expenses altogether. With no recruitment fees to worry about, businesses can allocate their resources more efficiently, enabling them to invest in other critical areas of their operations.
No lengthy onboarding process or training costs
Engaging a part-time HR Director in your business saves more than money; it also saves time and resource. These are already highly experienced professionals, and they are used to hitting the ground running and having impact from day one. Therefore, there are no long-term onboarding processes or costly training courses to send them on – they’re in and working from the first day.
Access to experience and skills
Fractional People Directors are seasoned professionals with a wealth of experience and expertise in their field. They have often held high-level HR positions in various organisations, giving them a comprehensive understanding of HR best practices across different industries. By engaging a fractional people director, businesses gain access to this extensive knowledge base, enabling them to tap into valuable insights and strategic guidance.
Tailored solutions for growing businesses
One of the key advantages of engaging a fractional People Director is their ability to provide tailored solutions to meet the specific needs of growing businesses. These trusted people experts understand the challenges that come with scaling operations and can offer scalable HR strategies that align with a company’s growth trajectory. Fractional People Directors bring a fresh perspective to the table, identifying areas for improvement and implementing effective and commercially focused HR practices that support long-term success.
Cost-effective solution
Compared to recruiting a full-time HR professional, engaging a fractional People Director proves to be a more cost-effective solution. With a fractional arrangement, companies pay only for the services they require, based on their current needs and budget. This flexibility allows businesses to scale their HR support up or down as necessary, avoiding unnecessary overhead costs associated with maintaining a full-time HR position during periods of lower demand. You are not tied into a minimum length of contract either so it becomes a risk-free appointment.
Focus on core competencies
For many businesses, HR is a vital function, but it may not be their core competency. By engaging a fractional People Director, companies can offload HR responsibilities to a dedicated professional, freeing up valuable time and resources to focus on core business activities. This arrangement ensures that HR tasks are handled by experts, while the company leadership team can concentrate on strategic decision-making and driving overall business growth.
Working with People Puzzles
Engaging one of our experienced People Directors offers multiple benefits to businesses seeking a cost-effective and efficient HR solution, versus taking on a full time hire. By eliminating recruitment fees and gaining access to highly experienced professionals, companies can leverage their expertise to enhance HR practices and support growth. The flexibility and tailored solutions provided by fractional People Directors further contribute to their appeal, allowing businesses to adapt their HR support as needed. Ultimately, this approach enables organisations to optimise their operations, reduce costs, and stay ahead in a rapidly changing business environment, making it the smart solution for businesses of any size looking to scale, stabilise or adapt at any point of their journey.
To book a free, no obligation 30 minute consultation with one of our regional people experts to discuss your business needs, please either email us on [email protected], call us on 0345 646 5201.
