Magazine

Mon, 22 Aug 2011

Payroll top choice for outsourcing

Payroll is the most common department for businesses to outsource, an outsourcing expert has claimed.

The National Outsourcing Association (NOA), which promotes successful outsourcing, said it had seen an increase in the number of organisations outsourcing contracts to reduce costs.

Martyn Hart, chairman of the NOA, said: ‘Outsourcing payroll is even more important for small businesses. Smaller teams and less capital to invest amplify the impact of the benefits.

‘Payroll, along with cleaning, is the most common thing for small companies to outsource.’

According to the Chartered Institute of Personnel and Development, the top five benefits of outsourcing payroll and HR are reducing business costs, increasing effectiveness of delivery, providing greater expertise, moving HR up the value chain and aiding organisational growth.

See also:

• Capita agrees £22m NHS payroll deal, but unions criticise savings