Hackett: BusinessWeek Research, ''New Era for HR Shared Services''

  
    
  
  
    
      Centralizing benefits, payroll and other human resources functions not 
      only saves money and improves customer service, it also frees HR 
      professionals to provide more strategic support.
    
    
      Most companies report 21 percent to 80 percent savings by switching 
      their HR delivery mechanism to shared services. Shared services also 
      enables HR professionals to focus on strategic support of the 
      organization instead of being bogged down with routine administrative 
      requests provides even more benefits.
    
    
      Most companies use a combination of outsourced and in-house shared 
      services, depending on their industry, size and other characteristics.
    
    
      Hackett HR Practice Leader Stephen Joyce and Hackett research metrics 
      are spotlighted in this BusinessWeek research report.
    
    
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      About The Hackett Group
    
    
      The Hackett Group, a global strategic advisory firm (NASDAQ:ANSR), is a 
      leader in best practice research and advisory programs, benchmarking and 
      transformation consulting services, including shared services, 
      offshoring and outsourcing advice. Utilizing best practices and 
      implementation insight from more than 4,000 benchmarking studies, 
      executives use Hackett's empirically based approach to quickly define 
      and prioritize initiatives, and to leverage proven strategies that 
      enable world-class performance. Through its sister company REL, Hackett 
      offers working capital solutions focused on delivering significant cash 
      flow improvements. Hackett has worked with 2,700 major corporations and 
      government agencies, including 88% of the Dow Jones Global Titans and 
      73% of the Fortune 100.