Having an effective human resources strategy in place is essential for any business. At PassionHR, we recognize that not all businesses have the resources to hire a full-time HR professional to manage their HR needs. That's why we offer fractional HR services.
What is Fractional HR?
Fractional HR refers to outsourcing certain Human Resources functions to professionals outside your organization, like PassionHR. This service allows us to provide you with HR-related services and expertise as needed and eliminates the need to hire a full-time HR professional. Fractional HR is becoming increasingly popular among companies because it offers a cost-effective solution to managing HR operations.
The most common HR functions that can be outsourced to a fractional HR provider include payroll, hiring, onboarding, training, performance management, and employee relations. By outsourcing these tasks, your company can save time, money, and resources that would otherwise be devoted to managing HR internally. Plus, a fractional HR provider can bring a wealth of knowledge, experience, and skills that may not be available in-house.
Who is Fractional HR best for?
For small and mid-sized companies, fractional HR is a great option. Specifically, organizations that would need more resources to hire a full-time HR professional can benefit from fractional HR services.
What are the Benefits of Fractional HR?
There are several benefits of fractional HR:
Fractional HR provides a cost-effective solution to managing your HR operations because you'll only pay for what you need.
Fractional HR provides flexibility as your HR needs change over time.
Fractional HR allows you to entrust your HR needs with skilled and experienced professionals like PassionHR.
Fractional HR can help you free up resources that could be used elsewhere in your business.
While some businesses are better suited to internal HR operations, Fractional HR is an excellent option if you can't commit to a full-time human resources hire. You can save money, time, and resources by outsourcing certain HR functions to experienced professionals at PassionHR.
Contact the PassionHR team to learn how we can cater to your HR needs!
If you're interested in PassionHR, check out PassionHR's HR in a Box service here.
Did you know that PassionHR can also provide Fractional CHRO, CEO, CFO, COO, CTO, and CIO service work as well? Reach out to learn more!