Stubborn Seed: Miami’s Michelin-Starred Culinary Masterpiece
Nestled in the heart of Miami Beach’s exclusive South of Fifth neighborhood, Stubborn Seed is widely regarded as a beacon ...
Read more
Day: March 12, 2025
AI Innovation: Craig Du Bruyn’s Impact on a $1.4T Market
By: Gerome Alvarez The $1.4 trillion life insurance industry hasn’t meaningfully evolved in decades, leaving policyholders with an outdated promise ...
Read more
Mainstack Africa Puts the Spotlight on Women Driving Africa’s Digital Economy for International Women’s Day 2025
In a strategic move aligning with International Women's Day 2025, Mainstack Africa has identified some high-impact female entrepreneurs and business ...
Read more
Caroline Farah Lembck: Bringing Capital to Puerto Rico’s Emerging Global Financial Hub
By: Tom White Puerto Rico appears to be positioning itself as a significant player in global investment and economic development, ...
Read more
Aaron Khieu Explores Strategies for Navigating Your Next Career Transition
Career transitions are pivotal moments in one's professional journey, often involving significant shifts in not only one's job role but ...
Read more
Exploring John Mattone’s Intelligent Leadership Coaching
By: Andrea Winters Executive coaching has become a booming industry, attracting thousands of professionals eager to guide leaders toward success. ...
Read more
Maryna Slynko’s Approach to Manicures: Balancing Beauty and Skin Care
The manicure industry is constantly evolving, and today’s clients expect not only aesthetic beauty but also long-lasting results and proper ...
Read more
How Neil Gibb and The HMO Property Co Are Transforming Co-Living in Australia
Australia’s housing affordability crisis has deepened in recent years, making it increasingly difficult for both renters and homeowners. A recent ...
Read more
How Pre-existing Conditions Complicate a Personal Injury Claim
By: Jacob Maslow Sustaining an injury due to someone else's negligence can significantly alter your life. When pursuing a personal ...
Read more
Chris Harris: Insights on Overcoming Challenges
By: Jay Feldman In the corporate world, the road to success is often paved with obstacles. Whether it's navigating market ...
Read more
Leveraging Custom Private Label Apparel for Business Growth
Custom private label apparel has become a powerful tool for businesses, events, and marketing strategies. By creating unique, branded clothing, ...
Read more
Nervous System Regulation and Its Role in Enhancing Leadership Effectiveness
The Power of Somatic Intelligence in Leadership Effective leadership isn’t just about strategy, decision-making, or vision—it’s also about how leaders ...
Read more
Adaptable DNA: Human-Powered AI to Transform Local Businesses
San Antonio, TX – In today’s digital-first world, local businesses face an uphill battle to stay competitive. The online marketing ...
Read more
Fueling Business Growth & Entrepreneurial Efforts: Fractional Work Supports Both Sides of Workforce, Says Lance LeFort
The economy is often volatile, sending ripples of turmoil across many sectors. On the last business day of December 2024, ...
Read more
The economy is often volatile, sending ripples of turmoil across many sectors. On the last business day of December 2024, the US Bureau of Labor Statistics reported 7.6 million vacant roles. And though the total nonfarm payroll employment rose by 143,000 this January, long-term unemployment remains a significant issue, with people who have been jobless for 27 weeks or more accounting for approximately 21.1% of all unemployed Americans. **Due to economic challenges—such as reduced hours or difficulty finding full-time work—**nearly 4.5 million individuals turned to part-time employment as a potential temporary solution.
Unemployment, however, is only one side of the coin, and businesses are facing their own considerable challenges. Around 69% of companies report struggling to find skilled workers, whether in healthcare, IT, or white-collar jobs. Amidst this uncertain economy, combined with the high average cost of onboarding just one employee (around $4,700), firms often can’t take the financial risks that onboarding typically entails.
For any business, C-suite employees with significant expertise, talent, and strong drive can become a lifeline during challenging times. But with the average time to fill a CEO or CXO position reaching as long as 12 months, it is clear that employers are in urgent need of alternative practices.
According to Lance LeFort, founder of LeFort Talent Group with more than 20 years of experience in supporting companies through every stage of their growth, the solution may be hiding in plain sight: fractional work. Throughout his career, LeFort has witnessed the landscape change firsthand, now tapping into his extensive knowledge and business understanding to bridge the two struggling sides of the workforce.
“If your progress has been kept on hold, the last thing you want to do is put your head in the sand and ignore the chaos happening all around you,” he stresses. “Unfortunately, too many businesses have failed recently, and too many people have been left without income for far too long. Why are we acting like there isn’t a better answer that, in today’s economy, could make the most sense?”
Whether your senior management team is missing a skilled CXO or your startup needs a seasoned leader, LeFort Talent Group aims to fill this organizational void by scouring thousands of applicants, finding the right fit, and integrating experts within your company structure – for one, two, or as many days as you can afford. “It’s not like businesses don’t want to grow and hire new talent,” he adds. “They just can’t make those long-term decisions right now. But what if you could have that expertise and tailored advice one or two days a week? It’s a shift from conventions, but it could make sense.”
For a fraction of the cost, companies that leverage fractional work may bring high-level executives on board and navigate the choppy waters with skilled, targeted consulting. This approach also enables owners to see how fruitful a collaboration is before signing a full-time contract. “Why jump into a marriage when you can date first? That isn’t to say it won’t be a long-lasting relationship, but give yourself the chance to figure this out first (this works for both parties). It’s a practical strategy that can significantly mitigate financial risks, and that’s what businesses need now.”
For displaced employees, on the other hand, fractional work can be an opportunity to get their foot back through the door. Though a shorter working week is far from full employment, it can help job-seekers make a living, pay off bills, and care for their families’ livelihoods. This part-time agreement also reduces the risk of committing to a company that later doesn’t meet an employee’s expectations. With no notice periods, resignation forms, and bureaucratic complexities, moving on to your next chapter can be a lot more streamlined.
Perhaps the most notable advantage of fractional work for individuals is how it can support entrepreneurial efforts. By working for only two or three days, employees may expand their portfolios and work with various clients simultaneously. “This freelancing nature can unlock more freedom, and you’re in control of who you give your time and expertise to,” shares LeFort. As he highlights, it also can support a work-life balance: “Today, too many people put up with harmful office politics to maintain stability. With fractional work, this is often far less of a concern.”
Photo Courtesy: Lance LeFort
