Global Job Description Management Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Job Description Management Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Job Description Management Software market finds that the global Job Description Management Software market reached a value of USD 444.33 million in 2022. It’s expected that the market will achieve USD 696.0 million by 2028, exhibiting a CAGR of 7.77% during the forecast period.

Main Impact

During the outbreak of COVID-19, most HR executives made crisis management or business continuity plans their biggest challenges. In addition, the main challenges faced by human resources: business continuity planning, management of flexible work arrangements, management of employee communication, addressing employees ’concerns about workplace policies, implementing preventive measures, reviewing current welfare policies, etc. Demand for home isolation, management efficiency of large and small companies has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. What is more serious is that it has caused an increase in the unemployment rate. It is expected that in the next period of time, there will be some changes in the position of employee positions. This is a challenge for the adjustment of enterprise job descriptions.

Downstream SMEs in crisis

COVID-19 has a huge impact on the operation of the downstream industry, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. Some small and medium-sized enterprises are in trouble or even bankrupt.

High performance and large downstream applications

Employee job descriptions can identify and clarify the duties of specific jobs. They also include information about working conditions, tools, equipment used, knowledge and skills required, and relationships with other positions (including direct supervisors). Effectively developed employee job descriptions are critical communication tools that are critical to organizational success. On the other hand, poorly written employee job descriptions exacerbate chaos in the workplace and poor communication, making people feel that they do not know what to expect from them. Effective job descriptions can help better recruitment. Carefully written job descriptions are communication tools that enable employees and candidates to clearly understand the expectations of the position, their basic responsibilities and required abilities, educational qualifications and position experience. One advantage of job description is that it makes it easier for you to recruit qualified employees. And in the screening process, during the screening process, you can look back at the job description to analyze whether the applicant meets the qualifications for the position and whether additional training is necessary. Currently, most platforms have job description templates, In the process of using, the list of each website may need to be adjusted. At the same time, some things are paid for, some are free, and can be selected according to business needs. The breadth of applications is also one of the important factors that promote the development of the market. Employee job description management software involves Healthcare, Financial, Education, Technology and other fields, whether large companies or small and medium-sized enterprises can be used.

Limitations

The delay in updating information may affect employees in different positions. One of the disadvantages of job descriptions and job specifications is that it may be restrictive. In a workplace where employees work across different roles, a detailed job description that describes a job's responsibilities may make the employee's expectations about the role wrong and cause confusion. At the same time, some managers who write job descriptions may not be fully aware of all the roles they need, and miss some of the important responsibilities that employees who work on every day know best. Second, job descriptions may become obsolete as roles and required skills change. This means that they may not accurately reflect the position of employees at a given time, especially with regard to the changing role of information technology and other fields. Therefore, at this point, the trend of automated updates is particularly important.

Opportunities

The emergence of disruptive technologies such as artificial intelligence and big data analysis has led to predictive workforce monitoring with unique needs for participation, communication and recognition. The combination of artificial intelligence and enterprises has not only achieved actual benefits, but also obtained the opportunity for breakthrough development. Some pioneering companies that use artificial intelligence technology combine powerful digital capabilities with proactive strategies to obtain higher profit margins, and are expected to further widen the performance gap with other companies in the future. Effectively developed employee job descriptions are critical communication tools that are critical to organizational success. On the other hand, poorly written employee job descriptions exacerbate chaos in the workplace and poor communication, making people feel that they do not know what to expect from them. Intelligent editing, modification, monitoring and tracking of employee job descriptions, and big data analysis can greatly improve management efficiency.

Region Overview:

North America dominated the Job Description Management Software market in 2022, with a market share of 50.39%.

Company Overview:

Salary.com is one of the major players operating in the Job Description Management Software market, holding a share of 5.69% in 2023.

Salary.com

Salary.com® remains the technology leader in providing employee compensation data, software, and services to enterprises, small businesses, and individuals. Their enterprise software helps companies manage their compensation expenditures with real-time, decision-ready data and analytical tools. The Salary.com website is one of the most widely recognized destinations for those seeking reliable information about employee pay levels and compensation-related best practices, trends, and policies.

Saba TalentSpace

Main business: Talent Management, Performance Management, Recruiting, Learning Management Software (LMS), Compensation, Succession Management, Workforce Planning, Talent Acquisition, Applicant Tracking Software, Recruiting Software, Human Resources and HR Technology.

Segmentation Overview:

By type, Cloud Based segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Technology, with a market share of 30.18% in 2022.

Key Companies in the global Job Description Management Software market covered in Chapter 3:

JDXpert
Gapjumpers
Hrizons
HRSG
Insperity Descriptions Now
Payfactors
DBDescriptions
Ongig.com
Saba TalentSpace
Hireology
Salary.com
COLMEIA Cloud Service
Tap recruit
Textio

In Chapter 4 and Chapter 14.2, on the basis of types, the Job Description Management Software market from 2018 to 2029 is primarily split into:

Cloud Based
Web Based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Job Description Management Software market from 2018 to 2029 covers:

Banking & Finance
Healthcare
Education
Technology
Manufacturing & Distribution
Not-For-Profit
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)