• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

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%

Recruiting                                           9%                           6%

Performance management               4%                          5%

Source: Watson Wyatt

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/5994/by-the-numbers-which-functions-does-hr-outsource "

Leave a Comment