Fractional CHRO
Strategic C-Level HR Consulting services for Small and Medium Enterprises.
Devising the right People Strategy in your growth plans is crucial to ensuring your business runs on autopilot with minimal input on the day-to-day management. Yet, many businesses lack access to a C-Level HR professional who can maximise their investment in people, lay the foundation to navigate complex HR issues and provide strategic advice due to the cost of a full time CHRO.
Methodology
At ConsonantOne, we offer executive-level fractional human resource services tailored to small and mid-sized businesses experiencing rapid growth. Our fractional Chief Human Resource Officers (CHROs) bring a wealth of experience and provide strategic leadership and management directives at a fraction of the cost of a full-time Sr. HR Manager. We integrate into your HR department and help you build and maintain a winning team through the following services:
Core focus areas
Strategic Planning
Partner with a strategic expert who will take a comprehensive, long-term approach to your growth plans, developing people strategy specific to your business, to ensure you have the right people, processes, and systems in place to meet your talent requirements.
Compliance & Risk Mitigation
Be ready for any situation. We evaluate your risks and compliance gaps, then create policies, procedures, and plans to address them proactively, ensuring issues are managed before they occur.
Organisational Design
Gain the insights necessary to build a high-performing team. We analyse your company culture, structures, and operations to identify inefficiencies that may hinder your success.
Talent Development
Support your talent at every stage of their development, from onboarding new hires to providing leadership training and executive coaching. We equip your team with the tools needed to achieve their full potential.
Special Projects
Engage our fractional HR team for specialised projects such as designing benefit and compensation programs, conducting M&A due diligence, performing HCM assessments and integration, and managing PEO transitions.
Fractional CHRO Process
Frequently asked questions
Our fractional HR services specialise in high-level human capital acquisition, management, and oversight. We begin by evaluating the overall needs of your business, along with the people and solutions currently in place. From there, we develop a tailored engagement strategy that addresses the most complex and pressing issues while considering the unique nuances of your industry, growth stage, and budget.
Once the plan is set, we take action. Collaborating with your existing advisors, team, and service providers, we create, implement, manage, and monitor a strategic action plan to optimise your human capital investment. If needed, we bring in additional expertise to fill any skill or experience gaps.
We instil weekly communication cadence meets and quarterly reports detailing our goals, performance, priorities, and any emerging issues, ensuring you are always informed of our progress.
Our fractional CHROs offer valuable strategic guidance for any human resources team in need. Clients may engage us as interim CHROs during internal leaves of absence or hire us to handle complex HR projects and provide oversight when in-house skills are lacking or a full-time Chief Human Resources Officer is not feasible. We provide an affordable executive-level HR management solution, ideal for small and mid-sized companies.
The cost of a Fractional CHRO varies depending on what you need. Our Fractional CHRO rates average around $2400 per engagement with a minimal commitment of 1 month. These rates are only a rough estimate, and not a guideline. An accurate cost estimate can be calculated post scope finalisation.
As your business scales, the need for advanced HR expertise grows crucial. While start-ups and small businesses may initially manage without a full-time CHRO, scaling requires robust systems to attract, manage, and motivate your workforce effectively. A fractional CHRO offers executive-level HR leadership without the commitment of a full-time hire, ensuring your growth is supported with strategic HR management.
We connect you with payroll and benefits providers that fit your needs, offer advice, and assist with onboarding or offboarding providers and related tasks. However, we do not provide payroll services or act as insurance or benefits brokers.