工資和薪酬管理市場 - COVID-19 的增長、趨勢、影響和預測(2022-2027 年)
市場調查報告書
商品編碼
1135939

工資和薪酬管理市場 - COVID-19 的增長、趨勢、影響和預測(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個工作天內

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簡介目錄

在預測期內,工資和薪酬管理市場預計將以 8.8% 的複合年增長率增長。

公司使用獎金、績效工資、股權和股權等薪酬管理軟件來管理其可變薪酬計劃。由於許多薪酬管理程序提供的建模和分析功能,它經常被大小企業使用。

主要亮點

  • IT 行業的發展增加了對具有高管薪酬、薪酬篩選和政策等多種功能的薪酬管理軟件的需求,這有助於市場的擴大。
  • 雲計算增加的靈活性和可擴展性使公司能夠開發設備齊全的薪酬管理平台,該平台可以跟蹤員工與工作相關的數據並以激勵措施獎勵他們。雲託管服務因其可負擔性和高速互聯網而成為各種 IT 組織的理想選擇。來自不同公司的服務器可以訪問公共、私有和混合雲技術。這些優勢推動了雲計算的普及並刺激了市場擴張。
  • 新業務的擴張也是薪酬管理體系增長的因素之一。新公司正在使用薪酬管理系統來提高數據安全性。組織之所以選擇薪酬管理平台,是因為其具有更高的保留率、員工敬業度和易用性等優勢。
  • 在 COVID-19 大流行之前,健康激勵計劃尤其對獎勵管理系統包產生了重大影響,但最近出現了這一立場。對遠程員工工作空間安排的財務支持也增加了高管薪酬的重要性。遠程工作也加劇了一致性問題,因為管理團隊越來越分散在世界各地和不同的州。福利是公司工資計劃的重要組成部分,因此薪酬管理系統必須足夠靈活,以適應新福利並修改舊福利。

主要市場趨勢

基於雲的系統推動市場

  • 對薪資流程自動化的需求不斷增長,預計將推動薪酬管理系統的全球市場。通過使用薪酬管理系統,可以減少各種週期的案頭工作,提高效率,減少成本和工期。此外,基於雲的安排正在獲得認可,專注於中小型項目的進展預計將在未來幾年推動市場增長。
  • COVID-19 正在對工作場所和商業環境造成嚴重破壞。最嚴重的流行病即將結束,但預計它們的影響將影響我們未來的經營方式。越來越多地採用更多自動化流程和其他智能技術、人工智能技術和基於雲的解決方案是這種流行病帶來的發展之一。
  • 靈活工作安排的相關性,如遠程辦公和遠程工作,預計在來年仍將至關重要。也有人說,大流行已經極大地改變了員工的心態,以至於員工體驗變得比以往任何時候都更加重要。這種全球運動可以在整個行業範圍內看到,並將因此對 2022 年的薪資世界產生重大影響。
  • 預計自動化和基於雲的解決方案在國際薪資業務中的重要性將繼續增長。自助服務選項和數字錢包等替代支付方式對於提供最佳員工體驗將變得很重要,而薪資數據對於公司選擇和勞動力規劃將變得更加重要。
  • 借助基於雲的薪資系統和員工自助服務門戶,您甚至可以將某些日常任務委派給您的員工。員工提交自己的證明,雇主可以在線評估和驗證提交的證明,並決定是否接受。

北美佔有很大的市場份額

  • 北美主導著全球薪資和薪酬管理市場。由於幾家主要商業節目供應商的存在、越來越多的進入和虛擬娛樂的幾個階段,預計該市場將在研究期間增長。此外,還將在加拿大和美國建立幾家新業務,預計將推動該地區支付行業的增長。
  • 隨著業務的全球化,對自動化薪酬管理系統的需求增加,對這些系統的依賴增加,推動了全球薪酬管理系統市場的增長。薪酬管理系統提供了優於傳統手動流程的優勢,包括提高透明度、提高效率、節省成本/能源/時間、減少人為錯誤、改進數據保護和易於使用的軟件。它的快速採用正在推動全球增長薪酬管理系統市場。
  • 薪酬管理系統的全球市場受到勞動力多樣性的增加、人力資源和業務部門設計創造性的方式來計劃和實施總薪酬分配以及對程序高效整合的需求的推動,由於上升等因素,它正在擴大。此外,諸如提高業務競爭力、透明度、減少錯誤、降低流動率、穩定性、員工福利和薪酬管理系統等好處正在推動採用。這些因素共同推動了薪酬管理系統的爆炸式增長。
  • 此外,對簡化流程的需求不斷增長,人力資源和業務團隊以新穎的方式計劃和執行總薪酬分配的能力,都有望在全球薪酬管理系統市場創造潛在機會。我來了。
  • 好處包括提高管理效率、員工保留、法律合規、成本控制、公平保證和行為獎勵。儘管薪酬管理系統被迅速接受並為全球薪酬管理系統市場的擴張做出了貢獻,但仍有一些挑戰需要克服。工會的影響、無效的工資和工資單潛力、缺乏生產力、當前的工資率以及薪酬管理系統的有限採用正在阻礙薪酬管理系統市場。

競爭格局

由於存在多個本地和全球供應商,工資和薪酬管理市場是分散的。

  • 2021 年 11 月 - ADP 是一家提供人力資本管理 (HCM) 解決方案的跨國技術公司,最近聯手成為針對特定行業量身定制的 HCM 解決方案的軟件提供商,旨在簡化困難的勞動力數據挑戰。宣布收購 Integrated Design,公司(IDI)。兩家公司在過去 20 年中建立了長期的合作夥伴關係,此次收購凸顯了這一點。通過進一步將 IDI 的專業知識與 ADP 廣泛的 HCM 和勞動力管理產品以及全球影響力相結合,客戶將獲得卓越的薪酬和人力資源體驗,這將幫助他們發展和擴大業務。我可以做到。
  • 2021 年 10 月——總部位於舊金山的 Flock 是福利登記和管理、入職和人力資源信息系統 (HRIS) 提供商,是集成人力資本管理軟件解決方案的領導者,包括人力資源、工資單、福利和保險服務。提供商 Paychex, Inc.此次收購為 Paychex 提供了最先進的福利管理軟件,符合公司促進創新和提供一系列數字服務的承諾。

其他福利

  • Excel 格式的市場預測 (ME) 表
  • 3 個月的分析師支持

目錄

第 1 章 簡介

  • 研究假設和市場定義
  • 調查範圍

第二章研究方法論

第三章執行摘要

第四章市場洞察

  • 市場概況
  • 價值鏈/供應鏈分析
  • 波特五力分析
    • 新進入者的威脅
    • 買方/消費者議價能力
    • 供應商的議價能力
    • 替代品的威脅
    • 競爭對手之間的競爭

第五章市場動態

  • 市場驅動力
    • 對工資成本可視化的需求不斷增長
  • 市場挑戰
    • 一致的自動化
    • 合規和監管問題

第六章市場細分

  • 按類型
    • 軟件
    • 服務
  • 按申請
    • 工資單
    • 員工福利
    • 退稅
    • 性能評估
    • 考勤管理
    • 休假管理
    • 費用報銷和融資
  • 按介紹類型
    • 現場型
    • 雲託管
  • 按終端用戶行業
    • BFSI
    • 零售業
    • 製造業
    • 運輸
    • IT/通訊
    • 衛生保健
    • 其他
  • 按地區
    • 北美
    • 歐洲
    • 亞太地區
    • 世界其他地區

第 7 章 競爭格局

  • 公司簡介
    • 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.

第八章投資分析

第九章 市場潛力

簡介目錄
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