Use Ask Statista Research Service, Leading companies in the global staffing industry 2020, by revenue, Revenue of global staffing industry 2008-2020, Staffing and recruiting industry sales in the U.S. 2002-2021, Temporary and contract staffing employment in the U.S. 2000-2021. By 1995, they were international, opening an office in Ontario. Prior to this year, the US staffing industry grew steadily from $94 billion to $152 billion as part of the economic expansion from 2010 to 2019, propelled by both cyclical and secular factors, said Timothy Landhuis, director of research, North America, at SIA. Companies are still seeking experts to help them securely function in a remote working world. There are several benefits of working with a staffing company. Allegis Global Solutions. Payrolling A complete list of the top 100 staffing firms in the U.S. can be found here. They began with the goal of serving the aerospace and defense industries. 4. In addition, the company offers HR consulting and training services. They were one of the top engineering staffing firms in the early 2000s. The industry is forecast to grow at a healthy rate in the coming years, driven by factors such as the increasing demand for contingent workers, the tight labor market, and the growing popularity of managed service providers (MSPs). With nearly $5 billion in annual revenue, Kelly Services is one of the largest staffing companies in the United States. This years list identified 175 companies that generated at least $100 million in US staffing revenue in 2019. 1. Number of Employees: 7,800+. There is professional recruiting, which includes positions with salaries less than $100,000, and executive recruiting, which includes positions with salaries of more than $100,000. Staffing revenue in the Americas (North and South America)totaled$152 billion in 2020. Los Angeles-based Korn Ferry held on to its place at the top of the executive search list, which features 200 firms specialized in filling positions with salaries of at least $100,000. October 29, 2021. to incorporate the statistic into your presentation at any time. The company offers a wide range of staffing and recruiting services, including temporary staffing, permanent placement, executive search, and outplacement. You may opt-out by. This organization works with the long-term unemployed, under-employed, veterans, and people with disabilities to pair them with employers who are willing to hire them. Temporary roles have been expanding, with thetemporary penetration rate(temporaryjobs through a staffing firm as a percent of total employment), hitting the highest level in February 2021 since January 2020 at 1.94%. The controversy did not end when he and the company parted ways, as lawsuits were filed. The ideal entry-level account for individual users. Number of Hedge Fund Investors: 12. The staffing industry plays an important role in the economy of the United States of America. Current CEO: Micheal Miles SIA is the Global Advisor on Staffing and Workforce Solutions. Their brands/subsidiaries include Aerotek, TEKsystems, Allegis Global Solutions, and Allegis Partners. By 2007, they were present in 20 countries across the globe. That makes it more effective than any other channel for hiring the best candidates. The most effective method of recruitment is employee referrals. Leading companies in the staffing industry worldwide in 2020, by revenue (in billion U.S. dollars) Largest staffing firms in the U.S. by revenue 2020 Largest staffing firms in the U.S.. 1 spot on the professional search list, which ranks 250 firms specialized in filling positions with salaries less than $100,000. This statistic shows the market share of the largest staffing firms in the United States in 2020. New Hampshire had the lowest jobless rates in May at 2.5%, closely followed by Nebraska and Vermont at 2.6% each. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. statistic alerts) please log in with your personal account. Founders Bill Stoller and Bob Funk are still active within the company. SIA is the Global Advisor on Staffing and Workforce Solutions The five largest firms rankings are unchanged from the previous years report, with the Allegis Group leading as the largest firm in the US again this year, with $10.5 billion in US staffing revenue and 6.9% market share. Uniquely, Adecco provides benefits for their temporary workers. companies: 7,307 total market cap: $88.206 T. Global ranking; Ranking by countries. Training ", Staffing Industry Analysts, Market share of the largest staffing firms in the United States in 2020 Statista, https://www.statista.com/statistics/602484/market-share-of-the-largest-staffing-firms-us/ (last visited May 01, 2023), Market share of the largest staffing firms in the United States in 2020 [Graph], Staffing Industry Analysts, October 29, 2021. The Adecco Group is the largest staffing company in the world, and it is also one of the top recruiting firms in the United States. Menlo Park, California, 2022 Annual Revenue: $7.24 billion All of their subsidiaries focus on recruitment and staffing but focus on specific industries. Were in the midst of tremendous change. Current CEO: Keith Waddel As a result, they are one of the top recruiting firms in the world. SIAfound that US staffing firms gross margin ranged from 15.3% to 41.7%, averaging at 25.6%. The company only continued to grow. ActOne is a group of companies that provides staffing solutions, workforce management, and business solutions. 1974. Third, staffing companies often provide training and development services to help businesses improve their performance. These underline issues have made it challenging for companies to attract high-quality talent and complex the hiring process. EmployBridge has continued expanding and acquiring companies and currently holds many subsidiaries. Influence & Leadership: ? Register in seconds and access exclusive features. Kelly Services is a recognizable name to anyone who has been job hunting over the last several years. Are you interested in testing our business solutions? up 23% year over year in June 2021. The current CEO, Jonas Prising, took over in 2014. Here is the list of the top 10 Staffing Companies in the USA in 2022: 2. Accessed May 01, 2023. https://www.statista.com/statistics/602484/market-share-of-the-largest-staffing-firms-us/, Staffing Industry Analysts. It also rolled out a career coaching subscription service, KF Advance, and $100 million in corporate diversity, equity and inclusion training. Today, TrueBlue generates over $3 billion in annual revenue and offers a full range of staffing and recruiting services, including temporary and permanent placement, payroll processing, and managed services. These services include temporary and contract staffing, permanent placement, executive search, outplacement, and training and development. In, Staffing Industry Analysts. This can make it easier for businesses to find qualified workers for their open positions. The company was founded in 1992 and has since established itself as a premier provider of recruiting, staffing, and consulting services. Of the largest staffing firms in the U.S., the report highlights 186 companies that generated at least $100 million in US staffing revenue in 2020. They generated $2M in revenue their first year despite the economic downturn of the time. Services offered by Randstad include temporary staffing, permanent placement, career transition and talent development, as well as payroll and HR Solutions. Menlo Parks Robert Half similarly maintained its No. This information can only be accessed by qualified members. They were even a sponsor of the 1996 Summer Olympics held in Atlanta, Georgia, where they based their US headquarters. Both lawyers were in need of immediate and temporary secretarial help with no way to get it. Our list of the ten largest recruiting firms includes some international companies. ", Zippia, Largest staffing firms in the United States in 2020, ranked by revenue (in billion U.S. dollars) Statista, https://www.statista.com/statistics/602424/largest-staffing-firms-by-revenue-us/ (last visited May 01, 2023), Largest staffing firms in the United States in 2020, ranked by revenue (in billion U.S. dollars) [Graph], Zippia, May 31, 2021. First, staffing companies have access to a large pool of potential candidates. Please do not hesitate to contact me. Show sources information Largest Recruiting Firms States Research Summary. The company had its first $1B in 1999, a milestone they have consistently hit every year since. This statistic is not included in your account. Statista. Top 10 Staffing Companies in the USA [Updated list 2022]. Available: https://www.statista.com/statistics/602424/largest-staffing-firms-by-revenue-us/, Largest staffing firms in the United States in 2020, ranked by revenue, Available to download in PNG, PDF, XLS format, Forecasted market growth of the staffing industry by country 2019-2020, Agency work industry sales revenue in selected countries worldwide 2021, Largest staffing firms in the U.S. by revenue 2020, Annual revenue of the staffing industry worldwide by segment 2019-2021, Distribution of staffing and recruiting industry sales in the U.S. 2015-2021, Service revenue share of Robert Half International by business segment 2020-2021, Revenue of ASGN Incorporated by business segment 2019-2021, Market share of the largest staffing firms in the United States 2020, Market capitalization of selected professional staffing companies 2021, Net service revenue of Robert Half International 2006-2021, Service costs of Robert Half International 2012-2021, Service costs of ASGN Incorporated 2012-2021, Global agency work penetration rates in selected countries 2021, ASGN Incorporated's contract professionals 2016-2021, Temporary and contract staffing sales in the U.S. 2002-2020, Staffing firms in North America - leading priorities 2022, Main industry challenges for North American staffing firms 2022, Opinions of North American staffing firms about revenue change 2022, Staffing industry revenue worldwide by country 2020, Percentage change in flex work hours in the Netherlands 2014-2019, Largest staffing firms in India 2015, by revenue, North American staffing firms: ramp-up time of new hires 2017, Internal staff in private employment agencies in selected countries worldwide 2013, North American staffing firms: number of recruiters and salespeople 2017, Share of Canadian staffing managers by important sources for low level hires 2015, Most important performance indicators among Canadian staffing managers 2015, Fastest growing U.S. staffing firms by CAGR 2021, Prospective employees who continue to look once an offer received by age U.S. 2018, Importance of company culture in the recruitment process in the Netherlands 2017, Preferred recruiting channels used by companies worldwide 2016, Leading job boards by share of hires in the U.S. 2017, Leading frustrations when looking for a job in the U.S. 2018, Largest staffing firms in the United States in 2020, ranked by revenue (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, short term workers are hired for around ten weeks. Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. Overall, the increase in US GDP and declining unemployment rates reflects the continued economic recovery from the sharp declines in early 2020 from the ongoing impact of the COVID-19 pandemic. Alternatively, if you are already making placements within the US, you should consider the following roles as new verticals to explore as they grow in demand. Kforce reported revenue of $1.4 billion in 2020 and is expected to grow at a compound annual growth rate of 3% from 2021 to 2025. ManpowerGroup offers a wide range of staffing and recruiting services to help businesses meet their workforce needs. The staffing industry is worth $185.5 billion in 2022. Totaling up the columns, 56 of these 100 companies increased sales in 2021 over 2020; only . (May 31, 2021). The Adecco Group is a staffing company that was founded in 1996. Profit from the additional features of your individual account. They took things internationally in 1968 with an office in Toronto, following with another in Paris in 1972. SIA is the Global Advisor on Staffing and Workforce Solutions. That required it to change its thinking about culture; less emphasis on interpersonal relationships and amenities, and more on how tasks are accomplished. stream The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). This year we have identified 14 "Market Share of The Largest Staffing Firms in The United States in 2020. FirstGroup America has a staff of over 500 experts who are dedicated to helping clients find the best talent for their needs. [Online]. Current CEO: Peter Quigly Added together, these firms generated $95.1 billion in such revenue, making up 69.9% of the market by our estimates. TruBlue and one of its brands, PeopleScout, have an active role in the Ready to Work Business Collaborative (RTWBC). Whether they were helping clients find executives to guide them through the crisis or employees to keep vital services running, recruiting and staffing firms were essential. This can save businesses time and money that would otherwise be spent on these processes. She is a fascinating woman who is said to have left her hometown in North Carolina with $1500 before founding and building a multibillion-dollar corporation. Scaling up or down? The company is managed by nurses. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 18 0 R 19 0 R] /MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> This will result in a market size of $1.7 billion by 2025. Timothy Landhuis, VP of research at SIA said, "While . As the workforce landscape continues to evolve, TrueBlue is well-positioned to continue its growth into 2022 and beyond. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor 2020 list of largest US staffing firms online; 175 companies in $100 million-plus club. Types of positions I recruit for at ALTA are . Media Contact endobj Looking at the overall US landscape and the economy is a big indicator to help predictions on the US staffing industrys future performance. This paves the way for recruiters who specialize in the energy market to seize opportunities in this growing US sector. Show publisher information In addition to providing temporary and contract staffing solutions, Kelly Services also offers payroll services, human resource consulting, and other HR-related services. With 830 locations worldwide, Express Employment is still gaining success. You need a Statista Account for unlimited access. 2023 Forbes Media LLC. If you are looking for a position or currently have any staffing needs, feel free to contact me at: 503-966-1229 and tmckeen@cfstaffing.com. Ranked by revenue, the report covers firms that generated at least $100 million in US staffing revenue in 2019. Korn Ferry Los Angeles, California, United States 1969 Gary Dudley Burnison 3. As one of the leading staffing companies in the US, Randstad has the expertise and resources to help your business succeed. Spherion reported revenue of $1.6 billion in 2020. The infographic below contains a few of the main takeaways from our client exclusive quarterly North American Staffing Roundups. Second, businesses should look at the recruitment and screening processes that the staffing company uses. Adecco - 3.1 percent. Our clients businesses always come first thats why Randstad is one of the most trusted staffing agencies in the US. Number of Employees: 5,200. It also offers services such as payroll processing and benefits administration. TrueBlue was originally founded as Labor Ready, Inc. in 1989 by Glenn A Welstad in Kent, Washington. ActOne, sometimes referred to as ACT.1, was started in 1978 by Janice Bryant Howroyd. The finance and insurance industry contributed significantly to the overall real GDP increase, signifying growing industries with further job demand expected. Here are the five largest staffing firms in the US: New firms also made the list this year. I am a Business Solutions Manager for Ledgent Finance & Accounting - that means I provide support to local . The steady return to normalized business operations, vaccination rollout, improved market confidence and greater demand for staff have all driven increased recruitment activity in the US in Q2 2021. They are considered a military-friendly employer and have won awards for working with military personnel and their spouses. 102, Jaina Tower, District Centre Janakpuri, New Delhi-110058, 2021 All Rights Reserved by CEO Review Magazine. As a Premium user you get access to background information and details about the release of this statistic. To weather the storm, Korn Ferry leaned heavily on its digital assessments in lieu of in-person interviews. Staffing Industry Analysts has released its annual list of largest US staffing firms. To use individual functions (e.g., mark statistics as favourites, set Hanover, Maryland, 2022 Annual Revenue: $13.40 billion <> Kforce provides a variety of staffing and recruiting services, including temporary staffing, permanent placement, executive search, and outplacement. Spherion is one of the leading staffing companies in the United States and is expected to continue its growth in the coming years. Mountain View, California October 26, 2020 Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has released its 2020 report on the Largest Staffing Firms in the United States. Added together, the companies generated $134.9 billion in US staffing revenue last year, or 76.2% of the market. The company provides a full range of recruiting and staffing services, including temporary and contract staffing, permanent placement, executive search, and consulting. If you are an admin, please authenticate by logging in again. Spencer Stuart Chicago, Illinois,. The company was created in the 90s when several staffing organizations were merged to create one large company. Market share of the largest staffing firms in the United States in 2020 [Graph]. What services do staffing companies provide? Fills contract, temp-to-hire, and direct hire vacancies in a range of settings, including schools and prisons. Founded in 1960 by Frits Golfschmeding, Randstad began with temporary staffing, much like the rest of the companies on the list. The girls became widely known as Kelly Girls. Leveraging the phrase, they rebranded as Kelly Girl Service in 1957. It was against this backdrop that Forbes partnered with market research company Statista to determine our annual ranking of America's Best Temp Staffing Firmsthe top 150 firms specialized in filling temporary and contract positions. TrueBlue is a leading provider of staffing and recruiting solutions in the United States. You only have access to basic statistics. To use individual functions (e.g., mark statistics as favourites, set Get full access to all features within our Business Solutions. Within five years of opening their doors, they were ranked among the top staffing companies in the US. With a comprehensive suite of services and an experienced team, ManpowerGroup can help businesses find the right talent to meet their specific needs. Were seeing candidates from across the country. Robert Bob Half, the companys namesake, had a history of speaking out against discriminatory recruiting and staffing practices in a time where that was unheard of. Currently, you are using a shared account. In addition, staffing companies often handle the recruitment, screening, and placement of workers in temporary, permanent, or contract positions. There are several factors that businesses should consider when selecting a staffing company.