HUMAN RESOURCES FACTOID

HR Outsourcing

Benefits, Challenges and Trends, a recent study by The Conference Board and Accenture HR Services, indicates that:

  • 76 percent of respondents outsource one or more of their HR functions.
  • The average respondent in North America outsources four and five functions, but most have different patterns of which functions they outsource and whether they outsourced those functions partially or fully.
  • 401(k) programs continue to be the top fully outsourced HR function (53 percent), followed by pension benefits and stock options administrations (each 30 percent), then health benefits (29 percent).

source: HR Magazine

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