SMEs Accelerating Adoption of Compensation Software to Improve...

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2025-08-28 12:29:22

SMEs Accelerating Adoption of Compensation Software to Improve Employee Engagement

The Global Compensation Software Market is expected to grow at a CAGR of 8.3% during the forecast period (2024-2031). Compensation software is a specialized Human Capital Management (HCM) solution that enables organizations to plan, budget, administer, and analyze employee compensation. It moves beyond spreadsheets to automate processes related to salaries, bonuses, equity awards, commissions,...

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