Compensation costs are rising in the U.S. and according to a recent McKinsey study, employers think compensation is one of the top reasons employees leave companies. The study found that employees actually rank the lack of being valued by the company and the challenges of work life balance as higher priorities than compensation.

The four day work week is a compressed work schedule. Since the pandemic, employees are looking for more flexibility at work and the four-day work week offers flexibility that creates a better work life balance, increases productivity and can decrease stress levels.

Founders of startups focus their time on product development and talking to users. Hiring new employees and building the infrastructure of the business is a significant investment, but there are solutions to keep costs manageable. Leveraging vendors, contractors, and part-time, fractional professionals can help your business grow.

Fractional human resources or fractional HR is the use of part-time HR managers, Recruiters and HR Coordinators to augment a company's in-house human resources team. Part-time resources are being leveraged by more small and mid-sized companies over the past several years.