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HR Outsourcing Service Providers Rising to Meet New Demands for Digital Transformation
The HR function is evolving to meet the challenges of the labor market, which is increasingly being disrupted by labor shortages, pressure on wages, and the changing expectation of employees working from home. To address these challenges, enterprises are increasingly relying on service providers for flexible HR operations and digital transformation. This has led to a seven percent growth in HR outsourcing adoption between June 2020 and June 2021. Additionally, platform adoption continues to be at the core of HR transformation as enterprises extend their HCM systems or implement new ones. These trends, and others, are covered in our new Global Hire-to-Retire Business Process Transformation 2021-22 RadarView™.
Global Hire-to-Retire Business Process Transformation 2021-2022 RadarView™
The Global Hire-to-Retire Business Process Transformation 2021-22 RadarView™ assists organizations in identifying strategic partners for digital HR transformation by featuring detailed capability and experience analyses of leading service providers. It provides a 360-degree view of key HR service providers across practice maturity, domain ecosystem, and investments and innovations, thus helping enterprises in evaluating leading players in the HR space. The 70-page report also highlights top market trends in the HR outsourcing arena and Avasant’s viewpoint on them.