工资和薪酬管理市场 - COVID-19 的增长、趋势、影响和预测(2022-2027 年)
市场调查报告书
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1135939

工资和薪酬管理市场 - COVID-19 的增长、趋势、影响和预测(2022-2027 年)

Payroll and Compensation Management Market - Growth, Trends, and Forecasts (2022 - 2027)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3个工作天内

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简介目录

在预测期内,工资和薪酬管理市场预计将以 8.8% 的复合年增长率增长。

公司使用奖金、绩效工资、股权和股权等薪酬管理软件来管理其可变薪酬计划。由于许多薪酬管理程序提供的建模和分析功能,它经常被大小企业使用。

主要亮点

  • IT 行业的发展增加了对具有高管薪酬、薪酬筛选和政策等多种功能的薪酬管理软件的需求,这有助于市场的扩大。
  • 云计算增加的灵活性和可扩展性使公司能够开发设备齐全的薪酬管理平台,该平台可以跟踪员工与工作相关的数据并以激励措施奖励他们。云託管服务因其可负担性和高速互联网而成为各种 IT 组织的理想选择。来自不同公司的服务器可以访问公共、私有和混合云技术。这些优势推动了云计算的普及并刺激了市场扩张。
  • 新业务的扩张也是薪酬管理体系增长的因素之一。新公司正在使用薪酬管理系统来提高数据安全性。组织之所以选择薪酬管理平台,是因为其具有更高的保留率、员工敬业度和易用性等优势。
  • 在 COVID-19 大流行之前,健康激励计划尤其对奖励管理系统包产生了重大影响,但最近出现了这一立场。对远程员工工作空间安排的财务支持也增加了高管薪酬的重要性。远程工作也加剧了一致性问题,因为管理团队越来越分散在世界各地和不同的州。福利是公司工资计划的重要组成部分,因此薪酬管理系统必须足够灵活,以适应新福利并修改旧福利。

主要市场趋势

基于云的系统推动市场

  • 对薪资流程自动化的需求不断增长,预计将推动薪酬管理系统的全球市场。通过使用薪酬管理系统,可以减少各种週期的案头工作,提高效率,减少成本和工期。此外,基于云的安排正在获得认可,专注于中小型项目的进展预计将在未来几年推动市场增长。
  • COVID-19 正在对工作场所和商业环境造成严重破坏。最严重的流行病即将结束,但预计它们的影响将影响我们未来的经营方式。越来越多地采用更多自动化流程和其他智能技术、人工智能技术和基于云的解决方案是这种流行病带来的发展之一。
  • 灵活工作安排的相关性,如远程办公和远程工作,预计在来年仍将至关重要。也有人说,大流行已经极大地改变了员工的心态,以至于员工体验变得比以往任何时候都更加重要。这种全球运动可以在整个行业范围内看到,并将因此对 2022 年的薪资世界产生重大影响。
  • 预计自动化和基于云的解决方案在国际薪资业务中的重要性将继续增长。自助服务选项和数字钱包等替代支付方式对于提供最佳员工体验将变得很重要,而薪资数据对于公司选择和劳动力规划将变得更加重要。
  • 借助基于云的薪资系统和员工自助服务门户,您甚至可以将某些日常任务委派给您的员工。员工提交自己的证明,雇主可以在线评估和验证提交的证明,并决定是否接受。

北美占有很大的市场份额

  • 北美主导着全球薪资和薪酬管理市场。由于几家主要商业节目供应商的存在、越来越多的进入和虚拟娱乐的几个阶段,预计该市场将在研究期间增长。此外,还将在加拿大和美国建立几家新业务,预计将推动该地区支付行业的增长。
  • 随着业务的全球化,对自动化薪酬管理系统的需求增加,对这些系统的依赖增加,推动了全球薪酬管理系统市场的增长。薪酬管理系统提供了优于传统手动流程的优势,包括提高透明度、提高效率、节省成本/能源/时间、减少人为错误、改进数据保护和易于使用的软件。它的快速采用正在推动全球增长薪酬管理系统市场。
  • 薪酬管理系统的全球市场受到劳动力多样性的增加、人力资源和业务部门设计创造性的方式来计划和实施总薪酬分配以及对程序高效整合的需求的推动,由于上升等因素,它正在扩大。此外,诸如提高业务竞争力、透明度、减少错误、降低流动率、稳定性、员工福利和薪酬管理系统等好处正在推动采用。这些因素共同推动了薪酬管理系统的爆炸式增长。
  • 此外,对简化流程的需求不断增长,人力资源和业务团队以新颖的方式计划和执行总薪酬分配的能力,都有望在全球薪酬管理系统市场创造潜在机会。我来了。
  • 好处包括提高管理效率、员工保留、法律合规、成本控制、公平保证和行为奖励。儘管薪酬管理系统被迅速接受并为全球薪酬管理系统市场的扩张做出了贡献,但仍有一些挑战需要克服。工会的影响、无效的工资和工资单潜力、缺乏生产力、当前的工资率以及薪酬管理系统的有限采用正在阻碍薪酬管理系统市场。

竞争格局

由于存在多个本地和全球供应商,工资和薪酬管理市场是分散的。

  • 2021 年 11 月 - ADP 是一家提供人力资本管理 (HCM) 解决方案的跨国技术公司,最近联手成为针对特定行业量身定制的 HCM 解决方案的软件提供商,旨在简化困难的劳动力数据挑战。宣布收购 Integrated Design,公司(IDI)。两家公司在过去 20 年中建立了长期的合作伙伴关係,此次收购凸显了这一点。通过进一步将 IDI 的专业知识与 ADP 广泛的 HCM 和劳动力管理产品以及全球影响力相结合,客户将获得卓越的薪酬和人力资源体验,这将帮助他们发展和扩大业务。我可以做到。
  • 2021 年 10 月——总部位于旧金山的 Flock 是福利登记和管理、入职和人力资源信息系统 (HRIS) 提供商,是集成人力资本管理软件解决方案的领导者,包括人力资源、工资单、福利和保险服务。提供商 Paychex, Inc.此次收购为 Paychex 提供了最先进的福利管理软件,符合公司促进创新和提供一系列数字服务的承诺。

其他福利

  • Excel 格式的市场预测 (ME) 表
  • 3 个月的分析师支持

目录

第 1 章 简介

  • 研究假设和市场定义
  • 调查范围

第二章研究方法论

第三章执行摘要

第四章市场洞察

  • 市场概况
  • 价值链/供应链分析
  • 波特五力分析
    • 新进入者的威胁
    • 买方/消费者议价能力
    • 供应商的议价能力
    • 替代品的威胁
    • 竞争对手之间的竞争

第五章市场动态

  • 市场驱动力
    • 对工资成本可视化的需求不断增长
  • 市场挑战
    • 一致的自动化
    • 合规和监管问题

第六章市场细分

  • 按类型
    • 软件
    • 服务
  • 按申请
    • 工资单
    • 员工福利
    • 退税
    • 性能评估
    • 考勤管理
    • 休假管理
    • 费用报销和融资
  • 按介绍类型
    • 现场型
    • 云託管
  • 按终端用户行业
    • BFSI
    • 零售业
    • 製造业
    • 运输
    • IT/通讯
    • 卫生保健
    • 其他
  • 按地区
    • 北美
    • 欧洲
    • 亚太地区
    • 世界其他地区

第 7 章 竞争格局

  • 公司简介
    • Automatic Data Processing, Inc.(ADP)
    • SAP SE
    • Sage Group plc.
    • Paychex, Inc.
    • Ramco Systems Limited
    • TMF Group Holding B.V.
    • Kronos Incorporated
    • Paycor, Inc.
    • Paycom Software, Inc.
    • Paylocity Corporation
    • Ultimate Software Group
    • Oracle Corporation
    • Jobvite, Inc.
    • Intuit Inc.
    • TriNet Group, Inc.

第八章投资分析

第九章 市场潜力

简介目录
Product Code: 91752

The payroll and Compensation Management Market is expected to grow by 8.8% CAGR in the forecasted period. A business manages variable pay schemes using compensation management software like bonuses, merit, stock, and equity. Due to the modeling and analytics capabilities many compensation management programs offer, small and large firms frequently use them.

Key Highlights

  • The growth of the IT industry increased demand for compensation management software due to its many features, including executive compensation, salary review, and policy, among others, as well as vendors focusing on and offering intelligence for compensation management software to help with compensation decision-making, among other factors, are all contributing to the market's expansion.
  • The increased flexibility and scalability of cloud computing, which has allowed businesses to develop well-organized compensation management platforms through which employees' work-related data can be tracked and rewarded with incentives, has led to an increase in its use in recent years global scale. Due to their affordable pricing and high-speed internet, cloud-managed services are ideal for different IT organizations. The servers of various enterprises can access the public, private, and hybrid cloud technologies. These advantages have led to a spike in cloud computing, fueling the market's expansion.
  • Expanding new businesses is another factor in the growth of compensation management systems. Because the compensation management systems improve data security, they are utilized by new companies. Organizations choose the compensation management platform for their growth and development because of advantages like increased retention, employee engagement, user-friendliness, etc.
  • Before the COVID-19 pandemic, health motivation programs, in particular, significantly impacted compensation management system packages, and this position have recently emerged. Financial support for remote workers' workspace arrangements is also becoming increasingly important to pay the board. As management has become more dispersed globally and in different states, remote work has also exacerbated consistency difficulties. Benefits make up a substantial portion of a company's pay program; therefore, the compensation management system must be flexible enough to handle new advantages and modify old ones.

Key Market Trends

Cloud based systems to drive the Market

  • The growing demand for automating the pay arranging process is anticipated to fuel the global market for compensation management systems. Utilizing a compensation management system results in less desk work during various cycles, greater effectiveness, and reduced cost and season for the company. Additionally, the growing acceptance of cloud-based arrangements and specialized advancement across small, medium, and large-scale projects are expected to boost market growth in the years to come.
  • Significant disruptions to the working and commercial environment have been brought on by COVID-19. Although the worst pandemic is set to end, its legacy is anticipated to influence how business is done in the future. A rise in efforts to adopt more advanced automation processes, along with other smart and artificial intelligence technologies and cloud-based solutions, is one of the developments brought on by the epidemic.
  • The relevance of flexible work arrangements, such as working from home and remote work, is anticipated to continue to be crucial in the upcoming year. The pandemic is also reported to have drastically changed employees' mindsets, making employee experience more essential than ever. These global developments can be seen at an industry-wide scale and will consequently have a big impact on the world of payroll in 2022.
  • Automation and cloud-based solutions are projected to continue to grow in importance for international payroll operations. To create the best possible employee experience, self-service options and alternative payment methods like digital wallets will be crucial, and payroll data will become even more significant regarding company choices and workforce planning.
  • Delegating certain routine tasks back to employees is possible with cloud-based payroll systems and employee self-service portals. Employees can submit evidence independently, and employers can evaluate and verify supplied proofs and decide whether to accept or reject them online.

North America to hold the Significant Share in the Market

  • North America dominates the global payroll and compensation management market. The market is anticipated to grow during the examined time period due to the presence of a few suppliers of major business programming, expanded entry, and several virtual entertainment stages. Additionally, establishing a few new businesses in Canada and the United States is anticipated to boost the growth of the payment industry in the region.
  • As the business becomes more globalized, there is an increasing requirement for automated compensation management systems, enhancing dependence on these systems and driving the growth of the worldwide compensation management system market. The compensation management system is being adopted quickly in comparison to traditionally manual processes due to advantages like increased transparency, improved efficiency, cost, energy, and time savings, a decrease in human errors, improved data protection, and user-friendly software, which is fostering growth in the global compensation management system market.
  • The market for global compensation management systems is being driven by factors including increased workforce diversity, HR and business teams coming up with creative ways to plan and implement the distribution of total rewards, and rising demand for integrating efficient procedures. Further adoption is encouraged by the benefits, including greater business competitiveness, transparency, error reduction, decreased labor turnover, stability, happy staff, and the compensation management system. These elements work together to affect the compensation management system's explosive expansion.
  • Additionally, the increasing demand for streamlined processes and the HR and business teams' ability to plan and implement the disbursement of total rewards in novel methods are all predicted to create potential opportunities for the worldwide compensation management system market.
  • Benefits include increased administrative effectiveness, staff retention, adherence to the law, cost control, guaranteed equity, and behavior rewards. Despite the fast acceptance of the compensation management system and its contribution to the expansion of the global compensation management system market, there are still some difficulties it must overcome. Union influence, ineffective pay and salary potential, a lack of productivity, the prevailing wage rate, and the limited adoption of the compensation management system are impeding the market for compensation management systems.

Competitive Landscape

The Payroll and Compensation Management Market is Fragmented with the presence of multiple local and global vendors.

  • November 2021 - ADP, a multinational technology firm that offers human capital management (HCM) solutions, recently announced that it had acquired Integrated Design, Inc. (IDI), a software provider of HCM solutions tailored to certain industries with the goal of streamlining challenging workforce data issues. The two companies have had a long-standing collaboration for the past 20 years, which is now marked by this transaction. Clients will gain access to a superior payroll and HR experience that will help them grow and scale their businesses by further integrating IDI's expertise with ADP's extensive HCM and Workforce Management products and its extensive worldwide reach.
  • October 2021 - Benefits enrollment and administration, onboarding, and human resources information system (HRIS) provider Flock, based in San Francisco, has been acquired by Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services. Paychex gains cutting-edge benefits administration software as a result of the acquisition, which is consistent with the company's commitment to fostering innovation and offering a range of digital services.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Value Chain/Supply Chain Analysis
  • 4.3 Porter Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5 MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing needs for Payroll Cost Visibility
  • 5.2 Market Challenges
    • 5.2.1 Consistent Automation
    • 5.2.2 Statutory Compliance & Legislation Issues

6 MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Software
    • 6.1.2 Services
  • 6.2 By Application
    • 6.2.1 Payroll
    • 6.2.2 Employee Benefits
    • 6.2.3 Tax Filings
    • 6.2.4 Performance Review
    • 6.2.5 Time And Attendance
    • 6.2.6 Leave Management
    • 6.2.7 Reimbursement And Loans
  • 6.3 By Deployment
    • 6.3.1 On-Premises Deployment
    • 6.3.2 Cloud Hosted Deployment
  • 6.4 By End-User Industry
    • 6.4.1 BFSI
    • 6.4.2 Retail
    • 6.4.3 Manufacturing
    • 6.4.4 Transportation & Logistics
    • 6.4.5 IT & Telecom
    • 6.4.6 Healthcare
    • 6.4.7 Others
  • 6.5 By Region
    • 6.5.1 North America
    • 6.5.2 Europe
    • 6.5.3 Asia-Pacific
    • 6.5.4 Rest of the World

7 COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Automatic Data Processing, Inc. (ADP)
    • 7.1.2 SAP SE
    • 7.1.3 Sage Group plc.
    • 7.1.4 Paychex, Inc.
    • 7.1.5 Ramco Systems Limited
    • 7.1.6 TMF Group Holding B.V.
    • 7.1.7 Kronos Incorporated
    • 7.1.8 Paycor, Inc.
    • 7.1.9 Paycom Software, Inc.
    • 7.1.10 Paylocity Corporation
    • 7.1.11 Ultimate Software Group
    • 7.1.12 Oracle Corporation
    • 7.1.13 Jobvite, Inc.
    • 7.1.14 Intuit Inc.
    • 7.1.15 TriNet Group, Inc.

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET