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Global Human Resource Outsourcing Market 2014-2018 - Product Image

Global Human Resource Outsourcing Market 2014-2018

  • Published: May 2014
  • Region: Global
  • 50 Pages
  • TechNavio

FEATURED COMPANIES

  • Accenture
  • Adecco
  • Aon plc
  • Ceridian Corp.
  • Excellerate HRO Corp.
  • IBM Corp.
  • MORE

About Human Resources Outsourcing

HRO refers to the outsourcing of one or more HR functions by other businesses or organizations in order to reduce labor costs and maximize efficiency. The objective of HRO is to penetrate all the HR services including HR planning, system design, and innovation, flow integration, employees' degree of satisfaction, compensation planning, training, employee relations, and planning of enterprise culture. It consists of a contractual relationship for HR services with an external provider. It also helps organizations maintain competitive advantage by recruiting, managing, and retaining talented personnel.

The analysts forecast the Global Human Resources Outsourcing market will grow at a CAGR of 12.34 percent over the period 2013-2018.

Covered in this Report

The Global Human Resources Outsourcing market consists of three segments: Consulting, Outsourcing, and Human Resources Services.

The report, the Global Human Resources Outsourcing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global READ MORE >

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market by Segmentation
07.1 Global HRO Market by Segments 2013
08. Geographical Segmentation
08.1 Global HRO Market by Geographical Segmentation 2013
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.2 List of Major Vendors 2013
16.3 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Aon plc
17.1.1 Business Overview
17.1.2 Business Segmentation
17.1.3 Key Information
17.1.4 SWOT Analysis
17.2 Accenture
17.2.1 Business Overview
17.2.2 Business Segmentation
17.2.3 Key Information
17.2.4 SWOT Analysis
17.3 Automatic Data Processing Inc.
17.3.1 Business Overview
17.3.2 Business Segmentation
17.3.3 Key Information
17.3.4 SWOT Analysis
17.4 IBM Corp.
17.4.1 Business Overview
17.4.2 Business Segmentation
17.4.3 Key Information
17.4.4 SWOT Analysis
17.5 Randstad
17.5.1 Business Overview
17.5.2 Business Segmentation
17.5.3 Key Information
17.5.4 SWOT Analysis
18. Other Reports in this Series

List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: HR Functions Outsourced
Exhibit 3: Global HRO Market 2013-2018 (US$ billion)
Exhibit 4: Global HRO Market by Segments 2013
Exhibit 5: Global HRO Market by Geographical Segmentation 2013
Exhibit 6: Business Segments
Exhibit 7: Growth Achieved by Aon plc (2004-2013)
Exhibit 8: Business Segmentation: Aon plc
Exhibit 9: Business Segmentation: Accenture
Exhibit 10: Business Segmentation: Automatic Data Processing Inc.
Exhibit 11: IBM Corp.: Business Segmentation
Exhibit 12: Business Segmentation: Randstad

Commenting on the report, an analyst from the team said: “As a result of its ability to provide instant feedback about businesses, social media has become a major data source for many organizations. With the rise of social media, there is also a need to track user interactions on these sites such as Twitter, Facebook, and LinkedIn. Organizations have realized the need to augment their data warehouses with external data sources. In the current competitive scenario, employers recruit through social media to reach applicants instantly and at a lower cost.”

According to the report, the need to decrease operational expenditure is one of the major drivers in the market. As a result of slower economic growth, organizations need to ensure maximum productivity with minimum expenditure. In addition, globalization has increased the customer base of companies exponentially. However, given the highly competitive business environment, companies are looking at methods to reduce hiring and recruitment costs.

Further, the report states that the absence of direct access to an HR department within an organization is one of the main challenges. HR Outsourcing functions often create a chasm between employees and companies. When HR services are not accessible, it causes delays in addressing issues that reduce efficiency among employees and leads to disillusionment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

- Accenture
- Adecco
- Affiliated Computer Services Inc.
- Aon plc
- Automatic Data Processing Inc.
- Ceridian Corp.
- Empower Software Solutions Inc.
- Excellerate HRO Corp.
- General Outsourcing Co. Ltd.
- IBM Corp.
- Mercer LLC
- NorthgateArinso UK Ltd.
- Paychex Inc.
- Pinstripe Inc.
- Randstad
- TriCore Inc.Ultimate Software

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