SlideShare a Scribd company logo
1 of 25
HUMAN RESOURCE
SERVICES
Karan Saini2nd June 2015
HR Services along an ELC
Exit
Payroll and
Compliance
Training and
Development
RecruitmentHR Strategy
 Talent Management Systems
 HR Consultancy
 Recruitment Process
Outsourcing
 Applicant Tracking Systems
 Learning Management System
 Performance Management
 Human Resource Management/Information System
 Payroll Outsourcing
 PEO
 Data Analytics
Additional
Module
Exit
Payroll and
Compliance
Training and
Development
RecruitmentHR Strategy
 Talent Management Systems
 HR Consultancy
 Recruitment Process
Outsourcing
 Applicant Tracking Systems
 Learning Management System
 Performance Management
 Human Resource Management/Information System
 Payroll Outsourcing
 PEO
 Data Analytics
Additional
Module
Talent Management Systems
 Integrated strategies or systems designed to
improve processes for recruiting, developing and
retaining skilled people to meet organisational
needs.
 Different from HRMS/ERP as this is strategic and
for long-term enterprise goals with respect to
human capital.
 Combined with ATS and includes modules for
Performance Mgmt, LMS, Succession Planning,
etc.
 Market size estimated to be over $5 billion and
Talent Management Systems
 Big Players: SAP, Oracle, IBM and Workday
 New Innovators: Saba, PeopleFluent and
Halogen
 Vendors with focus on single segment (big
companies or medium enterprises) more
successful
 Emerging Trends: Social Recruiting, Analytics,
Real-time Engagement and Feedback & Social
Recognition
 Achievers & Globalpeice introduced these tools
HR Consultancy
 Primary functions for which HR Consultants are
employed are Human Capital Management,
Health and benefits, M&A, Retirement and
Employee Communication.
 It is globally a $18.4 billion market with more
than 950 consultancy firms globally
 Key Players: AON Hewitt, Deloitte, PwC, Mercer
and Hay Group
 In India, ABC Consultants is one of the oldest
firm with an experience of 45 years in the
domain.
Exit
Payroll and
Compliance
Training and
Development
RecruitmentHR Strategy
 Talent Management Systems
 HR Consultancy
 Recruitment Process
Outsourcing
 Applicant Tracking Systems
 Learning Management System
 Performance Management
 Human Resource Management/Information System
 Data Analytics
Additional
Module
 Payroll Outsourcing
 PEO
Applicant Tracking System
(ATS)
 Also known as Talent Acquisition Management
Product(TAMP) and primarily involves filtering
applications, management of resumes and
applicant information.
 Data either collected from front-end system at
website or through job board partnerships.
 All recruitment agencies and most major
corporations have an individual ATS while on
the enterprise level it is a part of the HRIS.
 Predicted CAGR of 11.37% through 2013-20183
Applicant Tracking System
(ATP)
 Recent Enhancements: Use of AI, Natural
Language Processing to interpret applications
 Key Players: Oracle, SAP, ADP, LogicMelon,
PageUp
 Emerging Trends:
 Analytics and context based systems coming up.
 Spire, a Bangalore based company, introduced
TalentSHIP based on data analytics
 Cloud-based Services
 Mobile Recruitment Tools
Recruitment Process
Outsourcing
 The RPO provider assumes control over the
design and management of the recruitment
process and responsibility over results.
 Types of RPOs- Enterprise, Project and Point-of-
service.
 In most cases it is an Annuity but can have a
Cost-per-hire model as well.
 According to annual contract volume it is a $1.5
billion market which grew at 16% in 20134
 Growing at a rate around 30% in India.
Recruitment Process
Outsourcing
 Key Players: ManPower, Cielo, AMS, Allegis
(Global)
Elixit, MaFoi, PeopleStrong (India)
 ABC Consultants started a joint venture with
Alexander Mann which now has Vodafone as a
client
 Kelly launched its RPO offerings in India recently
 Emerging Trends –
 Recruitment companies offering RPOs so as to counter
cannibalising effect of RPO on traditional forms
 Cosourcing being done by companies where in more
Exit
Payroll and
Compliance
Training and
Development
RecruitmentHR Strategy
 Talent Management Systems
 HR Consultancy
 Recruitment Process
Outsourcing
 Applicant Tracking Systems
 Learning Management System
 Performance Management
 Human Resource Management/Information System
 Data Analytics
Additional
Module
 Payroll Outsourcing
 PEO
Learning Management System
(LMS)
 Delivers and manages instructional content,
identifies and accesses learning & development
goals, tracks progress and presents data for
supervision.
 Many LMS vendors provide modules for
Performance Management as well.
 Course Management Systems (CMS) are a
subpart focused on the training and learning
courses and their supervision.
 LCMS also includes development of content
Learning Management
System(LMS)
 Key Players: Moodle, Litmus, Grovo,
Blackboard, Cornerstone on Demand(fastest
growing)
 Challenges:
 Integration with other systems
 Lack of customisation
 Low user adoption
 Emerging Trends:
 Integration with MOOC Providers (Coursera, EdX,
etc)
 On-demand learning and course creation
Competence based Performance
Mgmt.
 A form of Performance Management with a
focus on obtaining and developing the
competencies required to be successful at the
organisation.
 These include Feedback and Rating
frameworks such as 360 Feedback and
Upward Feedback
 Key Players: Saba, Cornerstone on Demand,
Comaea
 It has a niche market and is expected to
remain small and specialised in the near
Talent Analytics
 Big data can now be statistically understood to
answer critical questions like whom to hire, how
to manage people, what drives performance, etc.
 Organisations are shifting from simple reporting
of data to making informed decision and
ultimately to predicting employee performance.
 WorkDay introduced the use of big data in the
HR Domain and now is the hottest trend in the
market.
 Major advances in the Talent Analytics market
are shared both by established players and
innovative startups
Talent Analytics
 SuccessFactors advances its Work Force
Analysis, a market leader, which includes
predictive tools and mobile reporting.
 Oracle offers business intelligence system OBIE
and other analytic tools which are widely used.
 In India, CEB recently acquired Talent Neuron for
$20 million in Feb 2014
 AbsolutData, a Gurgaon talent analytic firm, was
recently funded $20 million by Fidelity Investors.
 Spire, mentioned earlier, is another innovative
entrant.
Exit
Payroll and
Compliance
Training and
Development
RecruitmentHR Strategy
 Talent Management Systems
 HR Consultancy
 Recruitment Process
Outsourcing
 Applicant Tracking Systems
 Learning Management System
 Performance Management
 Human Resource Management/Information System
 Payroll Outsourcing
 PEO
 Data Analytics
Additional
Module
Payroll and Compliance
Outsourcing
 Functions include Time & Labour Management,
Payroll processing, TDS calculation and filing
and other tax compliance.
 Market is divided into Mid-Market(50%),
National(40%) and Multi-National
Organisations(10%).
 Multi-National market is seeing the largest
growth due to the need of all encompassing
cost efficient systems
 Currently a $13.4 Billion market and is
expected to see a 3.91% CAGR during 2013-
20184
Payroll and Compliance
Outsourcing
 Key Players: ADP, Ceridien, Genpact, Northgate
 Success Factors: Strength of technology and
Multi-country capacity
 Cost Reduction is the primary challenge as well
as the growth driver in the market
 Emerging Trend- Employee Self-service
 In India, ADP recently acquired MaFoi
Randstand’s payroll bussiness and continues to
acquire and expand.
 Leading sectors are Manufacturing, fin. Services
and retail
Professional Employee
Organisations
 PEOs take Payroll outsourcing one step forward to
employee management tasks, such as employee
benefits, employee compensation, risk/safety
management, and training.
 The PEO does this by hiring a client company's
employees, thus becoming their employer of
record for tax purposes and insurance purposes, a
practice known as joint employment or co-
employment.
 It is estimated to have a $2 billion market size and
is concentrated in North America and Europe to
bypass the stringent social security laws.
Exit
Payroll and
Compliance
Training and
Development
RecruitmentHR Strategy
 Talent Management Systems
 HR Consultancy
 Recruitment Process
Outsourcing
 Applicant Tracking Systems
 Learning Management System
 Performance Management
 Human Resource Management/Information System
 Data Analytics
Additional
Module
 Payroll Outsourcing
 PEO
Exit Management
 Exit Management usually includes an Exit
Management Strategy which includes Legal
obligations and an Exit Interview.
 These services are usually provided as an
additional module in the basic Human
Resource Management Systems or the
Enterprise Resource Planning (ERP) System.
 Emerging Trend: Outsourcing exit interviews
to a third party so that they are more open and
productive.
References
1. Forbes HR Industry Research Report
2. Everest Group Research Paper on the RPO
Industry, 2013
3. NelsonHall HR Industry Report
4. Bersin by Delloite HR Reseach Paper
HR Services

More Related Content

What's hot

MEJB_HR_Joanna Harrop
MEJB_HR_Joanna HarropMEJB_HR_Joanna Harrop
MEJB_HR_Joanna HarropJoanna Harrop
 
Rajesh Garg IE Essay H
Rajesh Garg IE Essay HRajesh Garg IE Essay H
Rajesh Garg IE Essay HRajesh Garg
 
EN_AD2_How can Technology Help You Surf the Global Talent Revolution
EN_AD2_How can Technology Help You Surf the Global Talent RevolutionEN_AD2_How can Technology Help You Surf the Global Talent Revolution
EN_AD2_How can Technology Help You Surf the Global Talent RevolutionYohan Labesse
 
Agility & Talent Mobility how to enable business strategy with modern perform...
Agility & Talent Mobility how to enable business strategy with modern perform...Agility & Talent Mobility how to enable business strategy with modern perform...
Agility & Talent Mobility how to enable business strategy with modern perform...Human Capital Media
 
HR Survey Whitepaper
HR Survey WhitepaperHR Survey Whitepaper
HR Survey WhitepaperChelsea Rusk
 
Talent_Optimisation_HCM
Talent_Optimisation_HCMTalent_Optimisation_HCM
Talent_Optimisation_HCMAditya Roy
 
The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...
The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...
The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...ADP, LLC
 
Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...
Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...
Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...ADP, LLC
 
The ROI of Talent Management
The ROI of Talent ManagementThe ROI of Talent Management
The ROI of Talent ManagementBrian Nickerson
 
Deloitte Global Business Driven Hrt Financial Services
Deloitte Global Business Driven Hrt Financial ServicesDeloitte Global Business Driven Hrt Financial Services
Deloitte Global Business Driven Hrt Financial Servicestscarborough7
 
Tq sales m_white_paper
Tq sales m_white_paperTq sales m_white_paper
Tq sales m_white_paperMod Piyanush
 
Admission in delhi ncr
Admission in delhi ncrAdmission in delhi ncr
Admission in delhi ncrEdhole.com
 
Guide - Demonstrating Positive Elearning ROI
Guide - Demonstrating Positive Elearning ROIGuide - Demonstrating Positive Elearning ROI
Guide - Demonstrating Positive Elearning ROISusan Canny
 
17th Learning EB: Current trends and challenges on talent management
17th Learning EB: Current trends and challenges on talent management17th Learning EB: Current trends and challenges on talent management
17th Learning EB: Current trends and challenges on talent managementSonnie Santos
 
31796 workforce performance
31796 workforce performance31796 workforce performance
31796 workforce performanceamit0094
 

What's hot (20)

India Recruiting Trends 2012 | English
India Recruiting Trends 2012 | EnglishIndia Recruiting Trends 2012 | English
India Recruiting Trends 2012 | English
 
A new-look-at-rpo-final
A new-look-at-rpo-finalA new-look-at-rpo-final
A new-look-at-rpo-final
 
MEJB_HR_Joanna Harrop
MEJB_HR_Joanna HarropMEJB_HR_Joanna Harrop
MEJB_HR_Joanna Harrop
 
final
finalfinal
final
 
Rajesh Garg IE Essay H
Rajesh Garg IE Essay HRajesh Garg IE Essay H
Rajesh Garg IE Essay H
 
EN_AD2_How can Technology Help You Surf the Global Talent Revolution
EN_AD2_How can Technology Help You Surf the Global Talent RevolutionEN_AD2_How can Technology Help You Surf the Global Talent Revolution
EN_AD2_How can Technology Help You Surf the Global Talent Revolution
 
Agility & Talent Mobility how to enable business strategy with modern perform...
Agility & Talent Mobility how to enable business strategy with modern perform...Agility & Talent Mobility how to enable business strategy with modern perform...
Agility & Talent Mobility how to enable business strategy with modern perform...
 
HR Survey Whitepaper
HR Survey WhitepaperHR Survey Whitepaper
HR Survey Whitepaper
 
Talent_Optimisation_HCM
Talent_Optimisation_HCMTalent_Optimisation_HCM
Talent_Optimisation_HCM
 
Articles on Talent Acquisition - Muzammil
Articles on Talent Acquisition - MuzammilArticles on Talent Acquisition - Muzammil
Articles on Talent Acquisition - Muzammil
 
The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...
The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...
The Connected Digital Economy and Benchmarking for Competitive Advantage - Hu...
 
Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...
Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...
Optimizing Your Workforce Productivity & Retention - Human Capital Insights -...
 
The ROI of Talent Management
The ROI of Talent ManagementThe ROI of Talent Management
The ROI of Talent Management
 
Deloitte Global Business Driven Hrt Financial Services
Deloitte Global Business Driven Hrt Financial ServicesDeloitte Global Business Driven Hrt Financial Services
Deloitte Global Business Driven Hrt Financial Services
 
Tq sales m_white_paper
Tq sales m_white_paperTq sales m_white_paper
Tq sales m_white_paper
 
Admission in delhi ncr
Admission in delhi ncrAdmission in delhi ncr
Admission in delhi ncr
 
Guide - Demonstrating Positive Elearning ROI
Guide - Demonstrating Positive Elearning ROIGuide - Demonstrating Positive Elearning ROI
Guide - Demonstrating Positive Elearning ROI
 
17th Learning EB: Current trends and challenges on talent management
17th Learning EB: Current trends and challenges on talent management17th Learning EB: Current trends and challenges on talent management
17th Learning EB: Current trends and challenges on talent management
 
31796 workforce performance
31796 workforce performance31796 workforce performance
31796 workforce performance
 
talent supply chain
talent supply chaintalent supply chain
talent supply chain
 

Similar to HR Services

How HR Technology Saves Time & Money
How HR Technology Saves Time & MoneyHow HR Technology Saves Time & Money
How HR Technology Saves Time & MoneyTom Daly
 
Ferdie Macatangay
Ferdie Macatangay Ferdie Macatangay
Ferdie Macatangay Ivanha Paz
 
HRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptxHRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptxRekhaBishnoi6
 
Mantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - PhdassistanceMantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - PhdassistancePhD Assistance
 
Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206somnath00007
 
Unit 5 Emerging Trends in HR
Unit 5  Emerging Trends in HRUnit 5  Emerging Trends in HR
Unit 5 Emerging Trends in HRprachimba
 
Role of Computers in HRM _ Abhilasha_Karan_Lavanya_Sanchit
Role of Computers in HRM _ Abhilasha_Karan_Lavanya_SanchitRole of Computers in HRM _ Abhilasha_Karan_Lavanya_Sanchit
Role of Computers in HRM _ Abhilasha_Karan_Lavanya_SanchitLavanya Gautam
 
Workforce Analytics in India - A state-of-evolution report 2018
Workforce Analytics in India  - A state-of-evolution report 2018Workforce Analytics in India  - A state-of-evolution report 2018
Workforce Analytics in India - A state-of-evolution report 2018Nitin Dheer
 
Mantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - PhdassistanceMantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - PhdassistancePhD Assistance
 
Enterprise resource planning unit 2 ERP solutions and functional modules
Enterprise resource planning unit 2 ERP solutions and functional modulesEnterprise resource planning unit 2 ERP solutions and functional modules
Enterprise resource planning unit 2 ERP solutions and functional modulesGanesha Pandian
 
Entreprise Resource Planning s unit 2.ppt
Entreprise Resource Planning s unit 2.pptEntreprise Resource Planning s unit 2.ppt
Entreprise Resource Planning s unit 2.pptRAJESH S
 
Human resource information system
Human resource information systemHuman resource information system
Human resource information systemHR Spot
 
Mastering workforce through hrmis
Mastering workforce through hrmisMastering workforce through hrmis
Mastering workforce through hrmisranjanshetty
 
Best Human Resource Management System | Global Digitals
Best Human Resource Management System | Global DigitalsBest Human Resource Management System | Global Digitals
Best Human Resource Management System | Global DigitalsGlobal Digitals
 
People strong corporate presention
People strong corporate presentionPeople strong corporate presention
People strong corporate presentionPankaj Soni
 

Similar to HR Services (20)

How HR Technology Saves Time & Money
How HR Technology Saves Time & MoneyHow HR Technology Saves Time & Money
How HR Technology Saves Time & Money
 
Ferdie Macatangay
Ferdie Macatangay Ferdie Macatangay
Ferdie Macatangay
 
Ptcl report about Human Resource Information System
Ptcl report about Human Resource Information System Ptcl report about Human Resource Information System
Ptcl report about Human Resource Information System
 
HRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptxHRAnalyticsstarting2october262021.pptx
HRAnalyticsstarting2october262021.pptx
 
Mantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - PhdassistanceMantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - Phdassistance
 
12 hr metrics
12 hr metrics12 hr metrics
12 hr metrics
 
Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206Unit5 emergingtrendsinhr-181112061206
Unit5 emergingtrendsinhr-181112061206
 
Unit 5 Emerging Trends in HR
Unit 5  Emerging Trends in HRUnit 5  Emerging Trends in HR
Unit 5 Emerging Trends in HR
 
Process of an erp system
Process of an erp systemProcess of an erp system
Process of an erp system
 
Role of Computers in HRM _ Abhilasha_Karan_Lavanya_Sanchit
Role of Computers in HRM _ Abhilasha_Karan_Lavanya_SanchitRole of Computers in HRM _ Abhilasha_Karan_Lavanya_Sanchit
Role of Computers in HRM _ Abhilasha_Karan_Lavanya_Sanchit
 
Workforce Analytics in India - A state-of-evolution report 2018
Workforce Analytics in India  - A state-of-evolution report 2018Workforce Analytics in India  - A state-of-evolution report 2018
Workforce Analytics in India - A state-of-evolution report 2018
 
Mantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - PhdassistanceMantle Of Ml In Human Resource Management - Phdassistance
Mantle Of Ml In Human Resource Management - Phdassistance
 
Human Resource Information System - HRIS
Human Resource Information System - HRISHuman Resource Information System - HRIS
Human Resource Information System - HRIS
 
Enterprise resource planning unit 2 ERP solutions and functional modules
Enterprise resource planning unit 2 ERP solutions and functional modulesEnterprise resource planning unit 2 ERP solutions and functional modules
Enterprise resource planning unit 2 ERP solutions and functional modules
 
Entreprise Resource Planning s unit 2.ppt
Entreprise Resource Planning s unit 2.pptEntreprise Resource Planning s unit 2.ppt
Entreprise Resource Planning s unit 2.ppt
 
Human resource information system
Human resource information systemHuman resource information system
Human resource information system
 
Mastering workforce through hrmis
Mastering workforce through hrmisMastering workforce through hrmis
Mastering workforce through hrmis
 
Talent management information systems
Talent management information systemsTalent management information systems
Talent management information systems
 
Best Human Resource Management System | Global Digitals
Best Human Resource Management System | Global DigitalsBest Human Resource Management System | Global Digitals
Best Human Resource Management System | Global Digitals
 
People strong corporate presention
People strong corporate presentionPeople strong corporate presention
People strong corporate presention
 

HR Services

  • 2. HR Services along an ELC Exit Payroll and Compliance Training and Development RecruitmentHR Strategy  Talent Management Systems  HR Consultancy  Recruitment Process Outsourcing  Applicant Tracking Systems  Learning Management System  Performance Management  Human Resource Management/Information System  Payroll Outsourcing  PEO  Data Analytics Additional Module
  • 3. Exit Payroll and Compliance Training and Development RecruitmentHR Strategy  Talent Management Systems  HR Consultancy  Recruitment Process Outsourcing  Applicant Tracking Systems  Learning Management System  Performance Management  Human Resource Management/Information System  Payroll Outsourcing  PEO  Data Analytics Additional Module
  • 4. Talent Management Systems  Integrated strategies or systems designed to improve processes for recruiting, developing and retaining skilled people to meet organisational needs.  Different from HRMS/ERP as this is strategic and for long-term enterprise goals with respect to human capital.  Combined with ATS and includes modules for Performance Mgmt, LMS, Succession Planning, etc.  Market size estimated to be over $5 billion and
  • 5. Talent Management Systems  Big Players: SAP, Oracle, IBM and Workday  New Innovators: Saba, PeopleFluent and Halogen  Vendors with focus on single segment (big companies or medium enterprises) more successful  Emerging Trends: Social Recruiting, Analytics, Real-time Engagement and Feedback & Social Recognition  Achievers & Globalpeice introduced these tools
  • 6. HR Consultancy  Primary functions for which HR Consultants are employed are Human Capital Management, Health and benefits, M&A, Retirement and Employee Communication.  It is globally a $18.4 billion market with more than 950 consultancy firms globally  Key Players: AON Hewitt, Deloitte, PwC, Mercer and Hay Group  In India, ABC Consultants is one of the oldest firm with an experience of 45 years in the domain.
  • 7. Exit Payroll and Compliance Training and Development RecruitmentHR Strategy  Talent Management Systems  HR Consultancy  Recruitment Process Outsourcing  Applicant Tracking Systems  Learning Management System  Performance Management  Human Resource Management/Information System  Data Analytics Additional Module  Payroll Outsourcing  PEO
  • 8. Applicant Tracking System (ATS)  Also known as Talent Acquisition Management Product(TAMP) and primarily involves filtering applications, management of resumes and applicant information.  Data either collected from front-end system at website or through job board partnerships.  All recruitment agencies and most major corporations have an individual ATS while on the enterprise level it is a part of the HRIS.  Predicted CAGR of 11.37% through 2013-20183
  • 9. Applicant Tracking System (ATP)  Recent Enhancements: Use of AI, Natural Language Processing to interpret applications  Key Players: Oracle, SAP, ADP, LogicMelon, PageUp  Emerging Trends:  Analytics and context based systems coming up.  Spire, a Bangalore based company, introduced TalentSHIP based on data analytics  Cloud-based Services  Mobile Recruitment Tools
  • 10. Recruitment Process Outsourcing  The RPO provider assumes control over the design and management of the recruitment process and responsibility over results.  Types of RPOs- Enterprise, Project and Point-of- service.  In most cases it is an Annuity but can have a Cost-per-hire model as well.  According to annual contract volume it is a $1.5 billion market which grew at 16% in 20134  Growing at a rate around 30% in India.
  • 11. Recruitment Process Outsourcing  Key Players: ManPower, Cielo, AMS, Allegis (Global) Elixit, MaFoi, PeopleStrong (India)  ABC Consultants started a joint venture with Alexander Mann which now has Vodafone as a client  Kelly launched its RPO offerings in India recently  Emerging Trends –  Recruitment companies offering RPOs so as to counter cannibalising effect of RPO on traditional forms  Cosourcing being done by companies where in more
  • 12. Exit Payroll and Compliance Training and Development RecruitmentHR Strategy  Talent Management Systems  HR Consultancy  Recruitment Process Outsourcing  Applicant Tracking Systems  Learning Management System  Performance Management  Human Resource Management/Information System  Data Analytics Additional Module  Payroll Outsourcing  PEO
  • 13. Learning Management System (LMS)  Delivers and manages instructional content, identifies and accesses learning & development goals, tracks progress and presents data for supervision.  Many LMS vendors provide modules for Performance Management as well.  Course Management Systems (CMS) are a subpart focused on the training and learning courses and their supervision.  LCMS also includes development of content
  • 14. Learning Management System(LMS)  Key Players: Moodle, Litmus, Grovo, Blackboard, Cornerstone on Demand(fastest growing)  Challenges:  Integration with other systems  Lack of customisation  Low user adoption  Emerging Trends:  Integration with MOOC Providers (Coursera, EdX, etc)  On-demand learning and course creation
  • 15. Competence based Performance Mgmt.  A form of Performance Management with a focus on obtaining and developing the competencies required to be successful at the organisation.  These include Feedback and Rating frameworks such as 360 Feedback and Upward Feedback  Key Players: Saba, Cornerstone on Demand, Comaea  It has a niche market and is expected to remain small and specialised in the near
  • 16. Talent Analytics  Big data can now be statistically understood to answer critical questions like whom to hire, how to manage people, what drives performance, etc.  Organisations are shifting from simple reporting of data to making informed decision and ultimately to predicting employee performance.  WorkDay introduced the use of big data in the HR Domain and now is the hottest trend in the market.  Major advances in the Talent Analytics market are shared both by established players and innovative startups
  • 17. Talent Analytics  SuccessFactors advances its Work Force Analysis, a market leader, which includes predictive tools and mobile reporting.  Oracle offers business intelligence system OBIE and other analytic tools which are widely used.  In India, CEB recently acquired Talent Neuron for $20 million in Feb 2014  AbsolutData, a Gurgaon talent analytic firm, was recently funded $20 million by Fidelity Investors.  Spire, mentioned earlier, is another innovative entrant.
  • 18. Exit Payroll and Compliance Training and Development RecruitmentHR Strategy  Talent Management Systems  HR Consultancy  Recruitment Process Outsourcing  Applicant Tracking Systems  Learning Management System  Performance Management  Human Resource Management/Information System  Payroll Outsourcing  PEO  Data Analytics Additional Module
  • 19. Payroll and Compliance Outsourcing  Functions include Time & Labour Management, Payroll processing, TDS calculation and filing and other tax compliance.  Market is divided into Mid-Market(50%), National(40%) and Multi-National Organisations(10%).  Multi-National market is seeing the largest growth due to the need of all encompassing cost efficient systems  Currently a $13.4 Billion market and is expected to see a 3.91% CAGR during 2013- 20184
  • 20. Payroll and Compliance Outsourcing  Key Players: ADP, Ceridien, Genpact, Northgate  Success Factors: Strength of technology and Multi-country capacity  Cost Reduction is the primary challenge as well as the growth driver in the market  Emerging Trend- Employee Self-service  In India, ADP recently acquired MaFoi Randstand’s payroll bussiness and continues to acquire and expand.  Leading sectors are Manufacturing, fin. Services and retail
  • 21. Professional Employee Organisations  PEOs take Payroll outsourcing one step forward to employee management tasks, such as employee benefits, employee compensation, risk/safety management, and training.  The PEO does this by hiring a client company's employees, thus becoming their employer of record for tax purposes and insurance purposes, a practice known as joint employment or co- employment.  It is estimated to have a $2 billion market size and is concentrated in North America and Europe to bypass the stringent social security laws.
  • 22. Exit Payroll and Compliance Training and Development RecruitmentHR Strategy  Talent Management Systems  HR Consultancy  Recruitment Process Outsourcing  Applicant Tracking Systems  Learning Management System  Performance Management  Human Resource Management/Information System  Data Analytics Additional Module  Payroll Outsourcing  PEO
  • 23. Exit Management  Exit Management usually includes an Exit Management Strategy which includes Legal obligations and an Exit Interview.  These services are usually provided as an additional module in the basic Human Resource Management Systems or the Enterprise Resource Planning (ERP) System.  Emerging Trend: Outsourcing exit interviews to a third party so that they are more open and productive.
  • 24. References 1. Forbes HR Industry Research Report 2. Everest Group Research Paper on the RPO Industry, 2013 3. NelsonHall HR Industry Report 4. Bersin by Delloite HR Reseach Paper