Mapping MPHRO Strategy by Sourcing Pattern
With the single process HR Outsourcing witnessing a double digit growth and strong hold in terms of execution and experience, the MPHRO is witnessing a promising growth of 6% in 2015. The growth rate of the MPHRO industry is expected to take away the growth rate of the single processes in the coming years, with MPHRO hitting a market size of USD 36 Billion in 2014. Most of the Fortune 500 companies look at this category as a cost and process efficient move looking to offer excellence in innovation and process standardization. However, skepticism exists on the execution front.
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