Christopher Bomar_Assignment1.docx

Christopher Bomar_Assignment1.docx - Christopher Bomar...

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Christopher Bomar 9-4-17 HRTM344-003 Assignment 1 1. Outsourcing for organizations like Land O’Lakes are extremely useful because they seem to focus more on other strategies other than employee benefits and loyalty. So, giving the benefits administration to a third-party company allows them to focus more on the company’s goals and their strategy plans. Outsourcing also lowers the costs and revenues and frees their time. For a company like Land O’Lakes with 10,000 employees outsourcing their benefits program gives their employees an affordable 401k plan and it has also improved the employee services as well. With the employees getting great benefits from a third-party company focusing on their benefits relieves employee stress
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