DUBLIN--(BUSINESS WIRE)--The "Compensation Software - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering.
The Global Compensation Software market is expected to grow at a CAGR of 10.1% during the forecast period
Rising need for automated compensation management processes is one of the major factor favouring the market growth. On the other hand, huge implementation and expensive costs of these software's are restricting the market. Increasing acceptance of digital HR technology is considered to be one of the major opportunities during the forecast period.
Compensation software is widely adopted among small enterprises and start-ups as it reduces complicated compensation planning for compensation cycles. Enterprises are shifting from manual processes and implementing compensation processes. On-premises compensation software segment has witnessed huge growth as it provides control to the critical data and also provides training services to the employees. Digital HR technology helps in combining mobile, social analytics and cloud technologies thus the demand is increasing for this technology.
North America is a dominating region with a largest market share during the forecast period attributed to the various number of micro enterprises and start-ups switching to the adoption of automated workflows.
Deployment Models Covered:
- On-premises compensation software
- Cloud-based compensation software
Key Topics Covered:
1. Executive Summary
3. Market Trend Analysis
4. Porters Five Force Analysis
5. Global Compensation Software Market, By Deployment model
6. Global Compensation Software Market, By Geography
7. Key Developments
8. Company Profiling
- SAP Success Factors
- Workday, Inc.
- ADP, LLC
- Oracle Corporation
- Ultimate Software
- CWS Software
- Greytip Software
- Bullseye Engagement
For more information about this report visit https://www.researchandmarkets.com/research/94vldq/compensation