A fractional CHRO gives an organization access to an experienced HR professional on an as-needed basis, supporting part-time, interim, retained, or project-based services, which can be more cost-effective and time-efficient than hiring a full-time HR leader.
Fractional CHROs bring diverse skills and knowledge from working with multiple organizations and can quickly assess the HR infrastructure and provide immediate value. They are typically more flexible and adaptable and can challenge the status quo. This allows them to provide an objective viewpoint, using the experience they’ve gained from working temporarily with other industries and companies.
For high-growth companies, a fractional CHRO can be a cost-saving solution to help hire, develop, and build their in-house HR teams and bridge the gap between an organization’s immediate HR needs and creating an HR department. Developing HR and talent strategies DURING growth and developing HR policies, company culture, and practices in tune with the company’s mission, vision, and goals.