How fast is the Compensation Software market growing?
According to the Global Compensation Software Market Research Report, the Global Compensation Software market predicted to grow at a rate of 8.77% CAGR (compound annual growth rate) in the Four years from 2017 to 2021.
About Compensation Software:
Compensation software automates, organizes, and simplifies complex compensation planning and enables managers to increase accuracy, improve budget allocations, and align compensation decisions with organizational guidelines. Enterprises are implementing compensation software to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. The adoption of compensation software is increasing in small enterprises and startups because it shortens compensation cycles for the most complex compensation planning.
Covered in this report
This report covers the present scenario and the growth prospects of the Global Compensation Software Market for 2017-2021. To calculate the market size, the report considers revenue generated from the sale of compensation/payroll software license, maintenance and support, installation, customization, and training.
The report is excellent in terms of geographical segmentation: Americas, APAC and EMEA.
This report, Global Compensation Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors: ADP, Oracle, SAP Success Factors, Ultimate Software and Workday.
Market driver: Demand for automated compensation management processes and for a full, detailed list, view our report.
Market challenge: High implementation and maintenance cost and for a full, detailed list, view our report.
Market trend: Rise in demand for integrated HCM solutions and for a full, detailed list, view our report.
Table of Contents
Scope of the report
Market segmentation by deployment model
Drivers and challenges
Key vendor profiles
Mergers and acquisitions
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