Fractional HR Services
C-level HR consulting services for small and medium-sized growth companies.
Fractional CHROs
- Part-time, ongoing HR leadership
- HR strategy and guidance
- Operational structuring and oversight
- Scalable and cost-effective
Interim CHROs
- Full-time, short-term HR leadership
- Owns the entire HR function
- Ensures management continuity
- Recruits and onboards a permanent CHRO
Project-Based CHROs
- One-off guidance for specific projects
- Focused deliverables and timeframes
- Affordable HR solutions
- No ongoing commitment
Building the right team to fuel your company’s growth is crucial to long-term success. Yet, many organizations lack a C-level HR professional to maximize their investment in people. A Chief Human Resources Officer (CHRO) provides strategic advice and helps you navigate complex HR issues, so you can focus on running your company. At The CEO’s Right Hand, we offer fractional HR services to small and mid-sized businesses poised to grow and scale.
Strategic Planning
Gain a strategic partner who will take a holistic, long-term view of your growth plans and help you develop the right people, processes, and systems to meet your talent needs.
Compliance and Risk Mitigation
Prepare for all eventualities. We assess your risks and compliance gaps, then develop policies, procedures, and plans to address them before problems arise.
Organizational Design
Obtain the insights you need to build a top-performing team. We examine your company culture, structures, and operations to find inefficiencies that could inhibit your ability to thrive.
Talent Acquisition
Identify talent gaps and prioritize your hiring plans. Then let us do the heavy lifting of building job descriptions, searching for candidates, and positioning you as an employer of choice.
Talent Development
Nurture your talent at every stage, from new hire onboarding to leadership training and executive coaching. We provide the tools your team needs to reach its full potential.
Special Projects
Hire our fractional HR team for special projects like benefit and compensation program design, M&A due diligence, HCM assessment and integration, and PEO transition.
What to Expect from a Fractional Human Resources Provider
At the CEO’s Right Hand, we maximize the value of your investment in human capital so you can reach your business goals. Our experienced fractional CHROs deliver strategic HR leadership, management, and advice at a fraction of the cost of full-time executives. We assess the situation and work closely with other executive team members to help you develop and implement a plan for optimizing your HR systems, while attracting and retaining top-tier talent.
We offer a full range of strategic, financial, and operational services. We’ve built and sold our own companies, so we know what it takes to construct a desirable business and what it’s like to be in your shoes. Our services work together to create an efficient and successful team that can grow and scale with your company.
Frequently Asked Questions (FAQs)
How do your fractional HR services work?
Our fractional HR services focus on high-level human capital acquisition, talent management, and oversight. We start by assessing the overall needs of your business and the people and solutions you already have in place. Then we work with you to develop a customized engagement that will prioritize the most complex and timely issues while allowing for the unique nuances of your industry, stage of growth, and budget.
Then, we get to work. We collaborate with your existing advisors, executive team, HR department, and service providers to create, implement, manage, and monitor an action plan for making the most of your investment in human capital. We also add specialized HR expertise to address skill and experience gaps when necessary.
We deliver quarterly reports on our goals, performance, priorities, and issues during our engagement, so you will always know where things stand. And, of course, you can contact our team anytime when you have questions.
What are the benefits of fractional human resources management?
Our fractional HR consultants can benefit any human resources team needing cost-effective HR support and strategic guidance. Some business owners ask us to step in as interim HR leaders when someone internally goes out on leave. Others hire us to tackle complex HR projects when they lack in-house skills or to provide part-time human resources oversight when they don’t need (or can’t afford) a full-time Chief Human Resources Officer.
Although executive-level HR management is necessary for companies of all sizes, fractional services are particularly suitable for small and mid-sized businesses.
How much does a fractional CHRO cost?
The cost of fractional human resources services will vary greatly, depending on your needs. Our fractional CHRO rates average around $250-$300 per hour, with a minimum commitment (for ongoing engagements) of 10 hours per month. Therefore, you will spend roughly $30,000 annually (or more) for ongoing services.
That is a significant value compared to the cost of a full-time CHRO, which would run you approximately $350,000 a year (after taxes, benefits, and bonuses). You get a C-level executive at just a fraction of the cost.
When is it time to hire a fractional human resources service?
Some start-ups and small businesses with simple needs can get along just fine without a Chief Human Resources Officer. However, you will likely need higher-level HR skills as your company grows and scales. Such companies require stronger systems and processes for attracting, managing, motivating, and serving the needs of their workforce.
When your internal HR team can no longer meet the needs of your employees, but you’re not quite ready to hire someone full-time, it’s time to hire a fractional CHRO.
Do you provide payroll and employee benefits administration?
We will make connections, provide advice, and help you hire payroll and benefits providers suitable for your needs. We will also help to onboard or offboard certain providers or pursue related initiatives. However, we do not provide payroll services or serve as insurance or benefits brokers.
