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.
TechNavio's analysts forecast the Global Human Resources Outsourcing market will grow at a CAGR of 12.34 percent over the period 2013-2018.
Exhibit 1: Outsourced HR Functions
Source: TechNavio Analysis
Covered in this Report
The Global Human Resources Outsourcing market consists of three segments: Consulting, Outsourcing, and Human Resources Services.
TechNavio's 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 Human Resources Outsourcing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• EMEA
• APAC
Key Vendors
• Accenture
• Aon plc
• Automatic Data Processing Inc.
• IBM Corp.
• Randstad
Other Prominent Vendors
• Adecco
• Affiliated Computer Services Inc.
• Ceridian Corp.
• Empower Software Solutions Inc.
• Excellerate HRO Corp.
• General Outsourcing Co. Ltd.
• Mercer LLC
• NorthgateArinso UK Ltd.
• Paychex Inc.
• Pinstripe Inc.
• TriCore Inc.
Ultimate Software
Key Market Driver
• Need to Cut Operational Costs.
• For a full, detailed list, view our report.
Key Market Challenge
• Disconnection from Personnel.
• For a full, detailed list, view our report.
Key Market Trend
• Emergence of Recruitment via Social Media.
• 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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
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