Outsourced H&S to boom?
July 10th 2006

Independent investment bank and outsourcing specialist, Noble Group, has conducted research among AIM finance directors which suggests health and safety risk management is most likely to be outsourced. The research, which polled 100 finance directors of AIM listed companies, found that although only a minority currently outsource, many more are considering outsourcing key corporate functions, with health and safety top of the list. The survey showed over two thirds of finance directors find complying with corporate regulations an increasing burden.

Eighty eight per cent of respondents would like to achieve best practice in complying with corporate regulations but 75 per cent are concerned about the increasing amount of time spent doing so. The main reasons for outsourcing given were: it frees up time to focus on core business; it’s cost effective and provides access to high quality personnel.

“Noble provides tailored solutions to assist companies comply with current health and safety regulations,” says Noble’s chief executive, David Page.