Global Compensation Software Market 2017-2021

Global Compensation Software Market 2017-2021

  • August 2017 •
  • 85 pages •
  • Report ID: 5060906 •
  • Format: PDF
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.

Technavio’s analysts forecast the global compensation software market to grow at a CAGR of 8.77% during the period 2017-2021.

Covered in this report
The 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 market is divided into the following segments based on geography:
• Americas

Technavio’s 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
• Oracle
• SAP SuccessFactors
• Ultimate Software
• Workday

Other prominent vendors
• beqom
• BullseyeEngagement
• Cornerstone
• Curo
• CWS Software
• Decusoft
• Execupay
• Greytip Software
• Harvest HCM
• Halogen Software
• HRsoft
• JSM Technologies
• Kinixsys
• Kronos
• Lumesse
• Nitso Technologies
• Paycom
• Peoplefluent
• PayScale
• sumHR
• Talentsoft
• Willis Towers Watson

Market driver
• Demand for automated compensation management processes
• For a full, detailed list, view our report

Market challenge
• High implementation and maintenance cost
• For a full, detailed list, view our report

Market trend
• Rise in demand for integrated HCM solutions
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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