Given the continued difficulty in recruiting strong candidates, the ongoing economic uncertainty and the desire of many businesses to maintain or tighten their budgets, hiring an interim or fractional Chief Human Resources Officer (CHRO) is a great alternative for mid-market companies, and their PE Sponsors, right now.
A fractional or interim CHRO works on multiple clients at the same time, on a project or contract basis. At Growth Operators, our CHROs are highly experienced executives who arrive ready to assess, lead and manage all aspects of the Human Resources function. The many benefits of working with a Fractional CHRO include:
- Expertise – Interim or Fractional CHROs are equipped to meet all areas of HR needs: from recruitment and onboarding of new employees to managing internal programs, developing processes, identifying and deploying employee benefits programs, dealing with compliance issues and more, our fractional executives arrive ready to make a positive impact on day one. Our Growth Operators’ Growth Pros know how to collaborate with the balance of the C-Suite and understand the important connection between Finance and HR to quickly optimize the day-to-day business.
- Flexibility – As the needs of the business change, your Growth Operators’ fractional CHRO can adjust along the way, ramping up when the need is greater, and reducing workload once that rush period subsides. Perhaps a new acquisition needs to be quickly integrated into the Company, your Growth Operators’ CHRO can pivot effectively to plan and execute the needed steps seamlessly.
- Focus – Growth Operators’ CHROs bring the leadership skills and expertise that lets them take the burden of running all aspects of HR from the PE Sponsors, Owners, the CEO and CFO. This allows the rest of the team to focus on their areas of the business instead of HR.
- Cost Effective – Because our Growth Pros are interim or fractional, clients aren’t burdened with the salary and benefits of a full-time employee with the same level of experience. The huge benefit? Businesses that hire a Growth Operators’ CHRO often receive a much higher level of expertise than is affordable in a full-time employee, allowing them to move more quickly to solving issues and improving the business.
At Growth Operators, we like to say that “we buy our shirts with the sleeves already rolled up.” Reach out today to learn how we can help ease your Human Resources workload and accelerate growth for your business.