June 7, 2021
Companies who want to grow and experience long-term sustainability need to implement strategies that will free up their resources and allow them to focus on their strengths and goals. To identify the right strategies, leadership must consider company resources to determine which business functions to outsource that will provide the highest return on investment.
One of the main business functions that companies outsource is benefits administration. Since the burden of benefits administration typically falls on human resource departments, HR staff finds themselves stretched thin with the number of responsibilities on their plates. Removing the heavy load of benefits administration from HR staff frees them up to focus on the company’s culture, mission, and its people.
Our recent white paper dives deeper into the actual cost savings of benefits administration outsourcing as well as the considerations companies need to take into account before determining whether to keep benefits administration in house or to partner with an outside firm.
Download the white paper here.