DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Human Capital Management Software Market in Germany 2016-2020" report to their offering.
The report forecasts the human capital management (HCM) software market in Germany to grow at a CAGR of 5.47% during the period 2016-2020.
Increasing popularity of advanced workforce analytics will be a key trend for market growth. The use of workforce analytics is gaining popularity in Germany. Organizations have understood that they need data to figure out what attracts people to join, perform well, and stay with an organization. Data also provides insights into recognizing favorable conditions required to deliver the highest-quality customer service and innovation. In order to extract insights from the employee and applicant data, organizations need workforce analytics.
According to the report, increasing workforce diversity will be a key driver for market growth. Business growth depends on attracting and retaining a workforce with globally diverse values and demographics. With diversity being seen as a strategic business advantage, HR executives are of the view that companies must adopt multicultural and multi-generational needs to meet the ongoing recruitment and retention goals.
Further, the report states that according to the German labor law, the HR plays a strategic role in running the organization's compliance programs based on prevalent regulations and norms. Insights into labor regulations, working knowledge and expertise of various compliance and regulatory requirements, etc. are keys toward building credibility. So, it has made compulsory that compliance and ethics programs must be embedded into an organization's culture to prevent liabilities that arise from non-compliance.
- Ultimate Software
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by deployment type
PART 07: Market segmentation by end-users
PART 08: Market segmentation by process
PART 09: Buying criteria
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Five forces model
PART 16: Vendor landscape
PART 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/mbjfz6/human_capital