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Fractional HR Benefits for Businesses

Updated: Mar 25, 2023


Fractional HR Benefits for Businesses

Fractional HR, also known as part-time HR, refers to the practice of hiring an HR professional on a part-time or as-needed basis to provide HR services to a company. Fractional HR professionals are typically experienced and qualified HR professionals who offer their services to multiple businesses at once.


Fractional HR can be an effective solution for small or medium-sized businesses that do not have the resources to hire a full-time HR professional, but still require HR services and support. Fractional HR professionals can offer a range of HR services, from strategic planning and policy development to employee relations and compliance management.


Fractional HR professionals can work remotely or on-site, depending on the needs of the business, and can be engaged on a project basis or for ongoing support. The advantage of fractional HR is that it provides businesses with access to HR expertise and support without the cost and commitment of hiring a full-time HR professional. It also allows businesses to scale their HR support as their needs change and grow over time.


Typical Fractional HR Services

Fractional HR professionals offer a wide range of services to businesses. Some of the most common services include:


HR Strategy and Planning

Fractional HR professionals can work with business leaders to develop and implement effective HR strategies that align with the company's overall goals.


Recruitment and Talent Management

Fractional HR professionals can assist with the recruitment and selection of new employees, as well as help with performance management, employee engagement, and retention.


Compliance and Risk Management

Fractional HR professionals can ensure that the business is compliant with relevant laws and regulations, as well as help mitigate risk through effective policies and procedures.


Employee Relations

Fractional HR professionals can assist with managing employee relations issues such as conflicts, grievances, and disciplinary actions.


Training and Development

Fractional HR professionals can help design and implement employee training and development programs to enhance skills and knowledge within the workforce.


Compensation and Benefits

Fractional HR professionals can help develop and manage compensation and benefits programs to attract and retain top talent.


HR Technology

Fractional HR professionals can help businesses implement and manage HR technology solutions, such as HRIS systems, payroll software, and employee portals.


Fractional HR Benefits for Businesses

There are several reasons why businesses may choose to use fractional HR:


Cost-Effectiveness

Fractional HR can be a more cost-effective solution than hiring a full-time HR professional, especially for small or medium-sized businesses that may not require full-time HR support.


Flexibility

Fractional HR provides businesses with flexible access to HR professionals who can provide support as needed. This allows businesses to scale their HR support up or down based on their needs.


Expertise

Fractional HR professionals are typically experienced and qualified HR professionals who have worked across a range of industries and business sizes. This provides businesses with access to high-quality HR expertise and support.


Strategic Support

Fractional HR professionals can provide strategic support to businesses, helping them to develop and implement effective HR strategies that align with their overall business goals.


Compliance and Risk Management

Fractional HR professionals can help ensure that businesses are compliant with relevant laws and regulations, as well as help mitigate risk through effective policies and procedures.


Employee Relations

Fractional HR professionals can help manage employee relations issues, such as conflicts, grievances, and disciplinary actions, helping to ensure a positive and productive work environment.


About LMS Portals

At LMS Portals, we provide our clients and partners with an affordable SaaS-based, multi-tenant learning management system that allows you to launch a dedicated training environment (a portal) for each of your unique audiences.


We enable our Fractional HR partners to offer a private, customized training portal for each of their corporate clients.


We offer a complete library of ready-made corporate training courses, covering most every aspect of corporate training and employee development.


Our platform includes an embedded course authoring tool that enables most anyone to build engaging courses quickly and easily. So you can build your own courses, utilize our off-the-shelf library, or some combination of the two.


If you choose to, you can create Learning Paths to deliver courses in a logical progression and add structure to your training program.


The system also supports Virtual Instructor-Led Training (VILT) and provides tools for online coaching and social learning.


Contact us today to get started or visit our Partner Program pages


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