AI concept Understanding your current position and desired outcome will help to better prioritize HR functions and what should be outsourced. (Image: Shutterstock)

Managing employee benefits programs is costly and time-consuming. As all benefits professionals know, a benefits program is like an iceberg: only about 10 percent of the work that makes it successful is ever seen. The rest is below the surface. Benefits outsourcing allows HR and benefits teams to stay above water, where they can focus on important business issues.

When considering benefits outsourcing, there are five key steps you should take to set yourself up for long-term success.

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