The payroll service sector must be a brutal place to operate these days.
A survey from Bloomberg BNA found that, while 56 percent of businesses outsourced payroll in 2011, only 12 percent said they do in the latest survey.
That was one of the major findings of the Payroll Benchmarks and Analysis 2015-2016 survey. Since the recession officially ended, companies have been rapidly bringing payroll in house, the survey showed. In 2013, 21 percent said they outsourced it. That trend suggests that, in flush times, employers want to keep a close eye on payroll.
Recommended For You
Bloomberg said the survey indicated companies are far more likely to outsource IT and human resources functions than payroll.
Bloomberg received responses from more than 200 payroll professionals in compiling the report. The full survey is available on the BNA website for $359.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.