7 compelling benefits, beyond cost reduction, that make Payroll outsourcing so appealing | theHRD

in hive-116221 •  4 years ago 

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Deloitte's Global Outsourcing 2020 survey shows that cost saving remains the primary driving factor for those now considering outsourcing as an option. This is perhaps understandable, given the economic impact of the pandemic. When it comes to payroll – and the investment needed to cover technology, as well as the hiring and training of staff – the economies of scale achieved with a dedicated provider is estimated to deliver savings of around 20% on average.

But, while cost reduction is the one thing everyone will take into consideration, there are other supplementary reasons why organisations believe it's best to outsource.
Here's seven compelling benefits that help companies reach this conclusion.


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