How Fractional Recruiting Can Benefit Your Business

Not only is Vested unique in its on demand recruiting platform, but we are also pioneers of fractional recruiting.

Fractional recruiting grew in popularity in financial institutions and academia. A fractional employee divides his or her time among multiple employers. He/she might spend 10 hours in one company and a couple of hours in another.

In a way, fractional recruiting is a form of consulting work.

For new ventures like startups, fractional recruiting could be a way to save costs. Most startups have technical founders who excel in coding or product promotion. However, few are finance experts who are needed in discussions with venture capitalists.

However, an early stage startup would not have the resources to hire a full time CFO or even a Finance Director.

Enter the realm of fractional recruiting. 

In this model, a startup could use the expertise of a part time CFO. He/she can help with the investor decks. Moreover, the startup can use the time to see if there is a long term fit for the CFO.

The CFO will also be doing the same, as he or she decides if the business has long term potential.

Why would an Executive Consider Part Time Work?

Due to life events (such as death in the family, or maternal leave), executives need to escape the full time responsibilities of being a C-Level executive. However, executives all have similar traits: they are ambitious workaholics. They enjoy their job because they know they're good at it.

It's like telling Michael Jordan or LeBron James to stop playing basketball for an extended period. They just get that "itch" to get back into things.

Fractional recruiting is a model that allows them the flexibility to work and deal with out-of-work issues. This is why it's so popular with many executives on leave.

Some executives want to test another industry or are "in-between" jobs. They're not willing to commit to any company or industry at the moment. They want to test out new fields.

Executive fractional recruiting allows them to test different companies (in particular startups). They get a sense about the team, the culture, the product and the industry. If the fit is right, then the executive can stay on board full time.

Fractional Recruiting is a Win-Win

Early stage ventures or businesses strapped for cash get executive level experience.

Investors and board of directors are happy with experienced executives participating in the company, which preserving cash.

Finally, startups benefit by having an experienced candidate working for them, even if it's just part-time.

In the right situation, fractional recruiting is a win-win for both parties.

If you wish to explore the realm of fractional recruiting, contact one of our customer service reps at 347 618 0752.

Or visit our website to learn more about fractional recruiting. Or visit us at LinkedIn.