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How well are you plans working for you today? Have you even had the time to think about this? There are lots of complexities and responsibilities associated with in-house stock plan administration. You’re hoping to manage each and every detail without skipping a beat; but the reality is it is a challenge. A challenge that can be overwhelming and have you totally consumed.
But how will you focus on your people priorities and advance your talent strategy when you can’t get out of the administrative duties of your in-house stock plan administration?
As the HR function continues to evolve it has become increasingly common that many clients of all sizes and complexities are choosing to out-source. Any growing company that wants to survive the ever-increasing world of risk should be outsourcing various business functions or consider doing so, and a great place to start is outsourcing your stock plan administration. With this in mind, here are five ways outsourcing can improve your equity compensation program: