By the Numbers: Which functions does HR outsource? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Retirement plan administration and health and wellness programs lead the list of functions HR departments ask outside firms to perform.

                                                      % of firms                  additional %
                                                    outsourcing        planning to outsource
HR Function                                 now                       this year or next


Defined contribution
retirement administration                75%                         1%

Health and wellness                        52%                          6%

Defined benefit
retirement administration                50%                          5%

Stock administration                        40%                           6%

Deferred compensation                   36%                         3%

Payroll                                                22%                          8%

Re...(register to read more)

To read the rest of this article you must first register with your email address.

Email Address:

Leave a Comment