This creates a future vision for HR whereby a service center and underlying processing engine will handle a maximum of HR transactions, and an HR expert group that has a number of specialists will assist line managers with programs when they need support, for instance, with regards to union negotiations, recruitment, analytics and leadership training.   

Developing countries such as Brazil, India, Turkey and Indonesia have strong business environments and a highly skilled pool of human capital which means that they are attracting global companies to spur foreign direct investment.  One other fact as reported by the Wall Street Journal is that many Euro countries are losing talent to these developing areas as a result of poor economic conditions within that bloc.

For the HR industry, the effect is these trends is that increasing numbers of multi-national companies are looking to grow offices in emerging economies as well as consolidating their other global business under a streamlined payroll and HR system. Juggling different local regulations, compliance rules, and legislation is incredibly challenging - and time intensive - without a central, global HR & payroll system.

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