In a recent Forbes article titled “Why Companies Should Embrace The Fractional Employee Business Model,” the shift towards fractional employment is highlighted as a significant trend reshaping the workforce. Recognizing the evolving nature of employment and its impact on industries and the economy, it is important to adapt to this trend.

The fractional employee model, characterized by part-time or temporary positions, has gained traction, especially in the gig economy. This model allows businesses to hire specialized talent for specific tasks or projects, including roles within the C-suite. Statistics from Deloitte and ADP underscore the prevalence of this trend, indicating its widespread adoption across different demographics and industries.

During a Zoom interview, Abby Sugar, an expert in fractional employment, emphasizes the benefits of this model. She highlights the advantage of accessing high-level strategic executives without the commitment of a full-time salary, particularly beneficial for startups or smaller companies with fluctuating needs. By leveraging fractional employees, businesses can tap into specialized expertise to navigate challenges and drive strategic initiatives.

Recognizing the value of flexibility and agility in today’s workforce, it is crucial for businesses to optimize their workforce strategies and harness the potential of fractional employment to drive growth and innovation.

Click here to learn more about how Strategic Market Solutions can help optimize your workforce strategy.

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