Two new studies that speak to the state of the HR software market agree that
spending on HR technology is likely to keep growing this year. The reports, from advisory firms Towers Perrin and AMR Research, indicate
that a tumultuous, sluggish economy isn’t crimping sales of applications for
such tasks as tracking basic employee data, recruiting new workers and managing
compensation.
Thomas Keebler, leader of Towers Perrin’s global HR function effectiveness
practice, was surprised to see that just 15 percent of organizations surveyed by
his firm expect to reduce spending this year on HR technology—a category that
includes HR software expenses plus internal and external staffing costs. Last
year, that figure was 18 percent.
clipped from workforce.com
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