Jennifer Barnes goes in detail on how fractional hiring involves employing professionals on a part-time, long-term, or interim basis at various levels within an organization.
– This approach helps businesses scale by reducing overhead costs such as paid time off, health benefits, and 401k matching, while still providing access to high-quality professionals.
– Fractional hiring ensures that the right person is assigned to the tasks they are best suited for, avoiding inefficiencies like a bookkeeper trying to act as a CFO.
– The firm responsible for fractional hiring typically handles all training and transition costs, ensuring consistent and reliable personnel for the business.
– For organizations that can’t afford full-time senior-level employees, fractional hiring offers access to top talent at a fraction of the cost for only the time needed.
