Global Compensation Software Market Outlook 2018-2023

According to Publisher, 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.

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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.

Some of the key players in global compensation software market include SAP Success Factors, Workday, ADP, Oracle, Ultimate Software, CWS Software, Greytip Software, BullseyeEngagement, Cornerstone, Decusoft, Curo and Execupay.

Deployment models Covered:
-On-premises compensation software
-Cloud-based compensation software

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Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling 
8.1 SAP Success Factors
8.2 Workday, Inc.
8.3 ADP, LLC
8.4 Oracle Corporation
8.5 Ultimate Software
8.6 CWS Software
8.7 Greytip Software
8.8 BullseyeEngagement
8.9 Cornerstone
8.10 Decusoft
8.11 Curo
8.12 Execupay

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Posted by on Friday February 23 2018, 11:31 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

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