Typical client
What does a typical OutBenz client look like?
- Number of employees: 1 – 250
- Business sectors – typically those where there is a lot of competition for employees such as:
- Bio Sciences
- Financial Services
- Information, Technology and Communications
- Life Sciences
- Media
- Pharmaceutical
Characteristics of a typical OutBenz client
- Branch/subsidiary of International company
- Start-up or recent start-up (last 5 years)
- More mature businesses looking to improve their Employee Benefits offering
- VC funded or NASDAQ quoted
- Potentially fast growth – usually looking to IPO in medium term
- “Entrepreneurial” businesses
- Want as little back office Finance and HR infrastructure as possible while they prove they can achieve sales/prove their profit model can work in UK/Europe
- Once they grow, they will gradually start bringing certain back office functions in-house, but very rarely the Employee Benefits
