Corporate Benefits Departments: Staffing 2023 Survey Results
The International Foundation asked single employers to evaluate the operations and staffing practices of corporate benefits departments across the U.S. Key findings from Corporate Benefits Departments: Staffing 2023 Survey Results include:
- Primary reasons for outsourcing benefit functions include expertise (79%), risk (62%), technology (52%), costs (36%) and changes in staffing levels (21%)
- Greatest challenges facing benefits departments include rising health care costs (50%), absence and disability management (39%), compliance with benefits laws and regulations (31%), employee engagement (30%) and communication of benefits (25%)
- The majority of companies have a dedicated benefits department or dedicated benefits personnel (77%), while in 23% of companies employee benefits tasks are handled by one or more person(s) in the human resources department.
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Number of Reporting Positions Benefits Function Is Removed From CEO
Change in Size of Benefits Department/Staff in the Past Five Years
Portion of Overall Benefits Function That Is Outsourced
Top Reasons for Outsourcing Benefits Functions
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