Global Payroll Outsourcing Market 2014-2018 |
Posted: October 14, 2014 |
About Payroll Outsourcing Payroll outsourcing is being increasingly viewed as a distinct strategy among SMEs and large organizations with the role of payroll experts evolving with changing market dynamics. Payroll outsourcing primarily involves analysis of organizational data, computation of gross salaries, TDS, allowances, reimbursements of expenses, and filling of TDS. Increasing work pressure, strategic role gaining in importance, low costs, and the enhanced quality of services is driving organizations to outsource their processes. An effective and well managed payroll system is an important element of a business in terms of retaining employees in their company. In addition, it helps in record maintenance and timely payroll process. TechNavio's analysts forecast the Global Payroll Outsourcing market will grow at a CAGR of 3.91 percent over the period 2013-2018.
Covered in this Report This report covers the present scenario and the growth prospects of the Global Payroll Outsourcing market for the period 2014-2018. The Global Payroll Outsourcing market is categorized into three segments: Mid-market, National, and Multinational. The report covers the Americas, the EMEA and APAC regions; it also covers the Global Payroll Outsourcing market landscape and its growth prospects in the coming years. TechNavio's report, Global Payroll Outsourcing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a detailed discussion of the key vendors operating in this market and their market shares.
Key Regions Americas, APAC, EMEA Key Vendors ADP, Ceridian, Genpact, Northgate Arinso Other Prominent Vendors Caliber Point,Cegadim SRH, Excellerate HRO, HP, HR Access, IBM, Infosys, Logica, Steria, TDS Key Market Driver Expert Payroll Providers For a full, detailed list, view our report
Key Market Challenge Lack of Compliance For a full, detailed list, view our report
Key Market Trend Reduced Expenditure For a full, detailed list, view our report
Key Questions Answered in this Report What will the market size be in 2018 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? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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