Navigation Links
HR Metrics From the Field: Outsourcing The Right Processes for Better Efficiencies
Date:12/4/2007

CHAPEL HILL, N.C., Dec. 4 /PRNewswire/ -- HR is still among the most outsourced functions within an organization. But one solution does not fit all. Human resources managers need to be cautious in relying solely on outsourcing for productivity improvements, according to information from the benchmarking corporation Best Practices, LLC which can be found in the research study "Achieving HR Administration Excellence -- Shared Services, Outsourcing and Cost Reduction" (http://www3.best-in-class.com/rr877.htm).

For instance, even though 73% of companies outsource Employment Verification, companies that have internal processes for this HR function far outperformed those with outsourced processes.

This research study package provides a comprehensive, data-driven look at structure and staffing efficiency specific to HR records management, data support/shared services as well as Leave of Absence/FMLA programs for the most important HR functions. Metrics highlighted in this research bundle include:

-- HR Process Gap Analysis: A typical company at the benchmark average has

an overall performance gap of approximately 20 FTEs over a total of 10

important HR processes relative to high performing organizations.

-- HR Service Center Process Complexity: The level of rework and overall

cycle time is higher and the level of outsourcing is lower for more

complex HR processes such as the management of HR system tables and

large-scale data updates.

-- HR Staff Composition: More expensive labor accounts for the majority of

payroll -- HR Service Center staff is composed of HR Specialists (21%),

HR Generalists (15%) and managerial staff (10%).

To purchase the complete research study or to download many additional metrics in the complimentary research summary including sample findings and data charts at http://www3.best-in-class.com/rr877.htm.

Findings were compiled from surveys and interviews with HR executives at leading companies such as Agilent Technologies, Boeing, Coca-Cola, Convergys, Dell, General Electric, Motorola, Raytheon, Sprint and many more.

To drill down on the countless metrics presented in this report contact our Solution Specialists at (919) 403-0251 or bestpractices@best-in-class.com.

If this study does not meet your business needs, Best Practices has other research services that could meet your needs. Our customized client research can answer pressing business questions and provide actionable insights and best practices for future utilization.

Contact Cameron Tew, Manager of Research Operations at ctew@best-in- class.com or at 919-767-9246 to learn more about custom research in HR and other business fields.

ABOUT BEST PRACTICES, LLC

Best Practices, LLC, conducts work based on the simple yet profound principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies.


'/>"/>
SOURCE Best Practices, LLC
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. End-to-End HR Performance Benchmarks: Metrics That Will Help Turn the HR Cost Center into a Productivity Driver
2. VivoMetrics LifeShirt Going to South Pole to Uncover Clues to High-Altitude Illness
3. HR Under the Microscope: Metrics to Drive Costs Down Across HR Functions
4. SAIC to Collaborate with UK Biometrics Institute
5. New Pharmaceutical Sales Force Communication Metrics: Nearly 6 Weeks of Sales Time per Rep Wasted Each Year
6. Animetrics Selects Kirk Communications as Agency of Record
7. Millstone Medical Outsourcing Appoints Operations Manager of New Memphis, TN, Facility
8. ISI Bolsters Data Analytics Capabilities for Complete Suite of Submissions Outsourcing Services
9. White Paper Details How to Choose the Right EMS Provider for Medical Products Outsourcing
10. Stressed-Out Moms Carry Babies on the Right
11. Bright tumors, dim prospects
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Comfort Keepers® ... American Cancer Society and the Road To Recovery® program to drive cancer patients to ... and other adults to ensure the highest quality of life and ongoing independence. ...
(Date:6/24/2016)... ... , ... People across the U.S. are sharpening their pencils and honing their ... in which patients and their families pay tribute to a genetic counselor by nominating ... of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. , In April, ...
(Date:6/24/2016)... York, NY (PRWEB) , ... June 24, 2016 ... ... publication Haute Living, is proud to recognize Dr. Barry M. Weintraub as a ... that “the most beautiful women in the world, and the most handsome men, ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... feeding the Frederick area economy by obtaining investment capital for emerging technology companies. ... 2½ years that have already resulted in more than a million dollars of ...
(Date:6/24/2016)... ... June 24, 2016 , ... Venture Construction Group ... Tournament held on June 20th at the Woodmont Country Club at 1201 Rockville ... an organization dedicated to helping service members that have been wounded in battle and ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... -- Research and Markets has announced ... Applications, Technologies, Forecasts" report to their offering. ... Smart Skin, Structural Health Monitoring, Composite Smart Structures, ... involves electronic and/or electrical components and circuits that ... such as vehicle bodies or conformally placed upon ...
(Date:6/24/2016)... 2016 Research and Markets has announced ... Diagnostic Tests" report to their offering. ... The World Market for Companion Diagnostics covers ... Market analysis in the report includes the following: ... Diagnostic Kits) by Region (N. America, EU, ROW), 2015-2020 ...
(Date:6/24/2016)... June 24, 2016  Arkis BioSciences, a leading ... and more durable cerebrospinal fluid treatments, today announced ... Series-A funding is led by Innova Memphis, followed ... other private investors.  Arkis, new financing will accelerate ... the market release of its in-licensed Endexo® technology. ...
Breaking Medicine Technology: