Payroll Captive vs. Payroll Outsourcing - The Reasons Why
Description: Payroll is a process filled with complexity and country-by-country legal requirements, that by its nature doesn't fit naturally as either a Finance or an HR process, yet it directly touches the most critical resource - your company's employees. Attend this Peercast to learn about the reasons many companies outsource this process and why many keep the Payroll process in-house.
Peercast Poll Results
Poll Title: Payroll Outsourcing vs. In-House Processing
Background: Payroll is a very complex process with specific and varying governing regulations across the globe. As a result of the complexity, many companies choose to outsource part or all of Payroll. As expertise is gained internally, it is not uncommon for some of those outsourced processes to be brought back in house at some point.
Poll Question: What best describes the approach at your company to outsourcing Payroll?
| The entire, or close to the entire Payroll process is outsourced | 19% | |
| Complete process areas outsourced – critical processes only | 5% | |
| Complete process areas outsourced – non-critical processes only | 0% | |
| Complete processes outsourced – both critical and non-critical processes | 5% | |
| Partial process areas outsourced – critical processes only | 5% | |
| Partial process areas outsourced – non-critical processes only | 14% | |
| Partial processes outsourced – both critical and non-critical processes | 19% | |
| No outsourcing or insignificant outsourcing | 33% |
Poll Question: Have outsourced Payroll processes at your company ever been brought back in house?
| Yes, we have experienced a significant shift to bring Payroll processes back in house | 15% | |
| Yes, we have brought Payroll processes back in house on a more limited basis | 0% | |
| Yes, we have brought some Payroll processes back in house and are planning or considering doing more | 15% | |
| No, but we have plans in place to begin moving Payroll processes back in house | 0% | |
| No, but we are considering bringing Payroll processes back in house | 15% | |
| No, we have no plans to change our outsourcing arrangements for Payroll | 54% | |
| Not Applicable |