In the Fight for Talent, It's Employee Experience for the Win--Everest Group
DALLAS, Nov. 9, 2022 /PRNewswire-PRWeb/ -- Multi-process human resource outsourcing (MPHRO) deals are on the rise again in 2022 as enterprises seek end-to-end services that include talent acquisition and development and that keep employee experience at the core. Accordingly, MPHRO providers are continuing to make investments in next-generation technologies, automation and analytics, and are also adding an experience layer to their products to provide a seamless, integrated experience to users. Everest Group projects that this focus on employee experience, reskilling and digital transformation will drive a 7-9% growth in the MPHRO market by 2026.
- Driven by talent war, Great Resignation, and demand for hybrid working models, enterprise HR experts rank 'enhanced employee experience' as a key priority.
- Everest Group projects that this focus on employee experience, reskilling and digital transformation will drive a 7-9% growth in the MPHRO market by 2026.
- According to Everest Group research, 42% of MPHRO buyers cite "enhanced employee experience" as a key priority for the HR function.
- These findings and more are detailed in Everest Group's "MPHRO State of the Market Report 2022Entwining Employee Experience and MPHRO in the New Normal."