Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. This list, available to corporate members of SIA, follows an earlier list of the largest staffing firms in the US. The company is expected to continue to grow in 2021 and beyond, as the demand for staffing services is expected to rise in the coming years. Staffmark Group. The staffing industry is worth $185.5 billion in 2022. Charting the Rise of Americas Debt Ceiling, Ranked: The Worlds Top 50 Endowment Funds, Visualizing the American Workforce as 100 People, Visualized: Real Interest Rates by Country, Ranked: The Largest Bond Markets in the World, Visualizing the Top U.S. States for AI Jobs, Ranked: The Worlds Top 25 Websites in 2023, Charted: Public Trust in the Federal Reserve, Comparing the Speed of Interest Rate Hikes (1988-2023), Ranked: The Best U.S. States for Retirement. Rounding out the top five were some of the world's most recognizable brands: Saudi Arabian Oil Company (Saudi Aramco), Microsoft, Google's parent company Alphabet, and Amazon. Globally, they are not far behind Randstad in revenue. This includes new programs for tech companies, such as free staff training and partnership discounts, as well as increased marketing on job boards and at physical job fairs. Adecco is a professional service and consultancy company that directly employs over 700,000 people and another 2.8 million through contracted positions. Before the pandemic, about 10% of the U.S. workforce worked fully remotely, according to SHRM data. From temporary positions to temp-to-hire to direct hire opportunities, recruiters help find employees for their clients companies. Trillions of dollars were erased in public company market capitalizations, investor confidence waned, and cost pressures squeezed consumer pocketbooks. Be the first to rate this post. 1 0 obj
Well discuss where they operate, the industries they specialize in, as well as their most prominent brands. Provides human resources consultancy services and business solutions in the United Kingdom. This will result in a market size of $1.7 billion by 2025. Staffing companies typically handle the recruitment, screening, and placement of workers in temporary, permanent, or contract positions. The second largest staffing agency worldwide was Adecco in 2020, which generated 19.58 billion U.S. dollars in revenue. By 1989, they were serving the automotive industry as well. Japanese Temp Holdings is the biggest climber in the top 20, moving from position 20 to 13. The company was founded in 1992 and has since established itself as a premier provider of recruiting, staffing, and consulting services. Adecco - 3.1 percent. ActOne, sometimes referred to as ACT.1, was started in 1978 by Janice Bryant Howroyd. Kforce is one of the leading staffing companies in the United States and is expected to continue its growth in the coming years. Please create an employee account to be able to mark statistics as favorites. Number of Employees: 5,600. We used the latest-12-months'. to incorporate the statistic into your presentation at any time. data than referenced in the text. Adecco has for a few years now been allowed to call itself the largest staffing firm in the world, while Manpower this year took the number two position from Randstad. "Leading companies in the staffing industry worldwide in 2020, by revenue (in billion U.S. Learn more about how Statista can support your business. In addition, staffing companies often handle the recruitment, screening, and placement of workers in temporary, permanent, or contract positions. Number of Employees: 7,800+. Experts predict that its market value could reach the billion-dollar threshold by 2027 and soar to a staggering $3.75 billion by 2030. Consumer discretionary and health care sectors fall next in line, with big players such as Amazon and Johnson & Johnson among their ranks. Robert Half International is a human resource consulting conglomerate. Mature franchisees average annual sales of over $6.4 million. The most effective method of recruitment is employee referrals. In addition, the Adecco Group provides a variety of other services such as HR consulting, training, and development. The company is expected to grow at a compound annual growth rate of 3.5% from 2021 to 2025. Recruit Holdings is a human resources firm that provides HR consulting, staffing assistance, and advertising services. The company only continued to grow. Manpower was founded in 1948 by Elmer Winter and Aaron Scheinfeld after they found themselves in need of temporary staffing services. Franchises average $1 million in sales during their first 12 months. Oil giant Saudi Aramco is the third largest publicly-traded company globally, at $1.8 trillion. Their expertise covers a wide range of industries, including healthcare, information technology, finance, manufacturing, and many others. 10 Largest Bitcoin Exchange Companies In The World, 15 Largest Privately Owned Edtech Companies In The World, Zippia. There are several benefits of working with a staffing company. It wasnt until 1993 that they expanded into the United States, acquiring two US-based companies. The company is headquartered in Zurich, Switzerland, and it has over 33,000 employees in more than 60 countries. This can save businesses time and money that would otherwise be spent on these processes. The company operates using a unit structure, with each unit composing of two consultants that separately handle client service provision and selecting candidates. And the consequent decline in revenue reflecting a new direction in which less profitable customers are jettisoned, which while resulting in lower revenues, has seen the operating profit of the company increase. The Healthcare Staffing market in the U.S. is estimated at US$21.5 Billion in the year 2021. 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 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Meta has fallen across the rankings to #26 in 2022 from #6 in 2021. The company offers a wide range of staffing and recruiting services, including temporary staffing, permanent placement, executive search, and outplacement. Allegis Group now serves a number of industries, including technology and engineering. dollars)." With over 50 years of experience in the staffing industry, we can provide the right solution for your staffing needs. This text provides general information. Their largest subsidiary is Programmed Maintenance, a staffing company that focuses on blue-collar positions. One of the largest general recruitment and human resources services firms in Australia. Many are 100% employee-owned. 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). The Staffing Coordinator for the Nursing Office is responsible to assist with the scheduling and preparation for interview events, managing department calendars, schedule meetings, help keep the entire team informed of critical and ongoing matters. Of the total 100 largest firms, 41 are based in the United States; 38 in Europe, the Middle East and Africa; and 21 in Asia Pacific. This will result in a market size of $2 billion by 2025. 2022 Annual Revenue: $2.30 billion The company operates primarily in Japan, where it generates approximately 60% of its total revenue. Receive our daily news straight to your inbox. Half of these companies saw double-digit drops. Current CEO: Alain Dehaze The company operates over 5,200 branches across 60 countries. Kelly Services is a recognizable name to anyone who has been job hunting over the last several years. This was largely thanks to record revenues and healthy consumer demand for iPhones, which drive about half of its total revenue. One of Atlantas largest privately-owned companies, EmployBridge, has 400 locations across the US. There are several factors that businesses should consider when selecting a staffing company. The company was created in the 90s when several staffing organizations were merged to create one large company. We used the latest-12-months'. As one of the leading staffing companies in the US, Randstad has the expertise and resources to help your business succeed. As they began expanding their services and taking on more male employees, they rebranded to Kelly Services in 1966. How effective is social media for recruitment? Manpower managed to take second spot from the Dutch agency, due to a favourable exchange rate for the dollar*. Taken together, many of the worlds largest companies experienced sharp declines in market share. Adecco serves many industries, from accounting and finance to call center and customer service. The firm has four. Express Employment Professionals. Our list of the ten largest recruiting firms includes some international companies. The firm earned the No. Randstad is the largest staffing company in the world, but only the second largest in the US in terms of revenue earned within the United States. Spencer Stuart Chicago, Illinois, United States. Menlo Park, California, 2019 Annual Revenue: $4.95 billion NextEra Energy, the sole utilities company among the rankings is one of the worlds largest developers of wind and solar energy. Caregivers in South Florida have warned that patients are at risk due to "unacceptable" staffing numbers as they negotiate with one of the state's largest health care providers for better working conditions. Spherion Corporation is one of the staffing companies in the United States. TrueBlue is a leading provider of staffing and recruiting solutions in the United States. The company has its headquarters in Fort Lauderdale, Florida. They were one of the top engineering staffing firms in the early 2000s. Randstad, while handing in its number two spot, saw its revenue grow by 4.1%. 2022 Annual Revenue: $19.8 billion Among the worlds biggest companies, 20 are in tech, spanning a combined market value of $9.2 trillion. (December 13, 2021). Largest Staffing Firms Globally 2022 November 30, 2022 Email Facebook Tweet LinkedIn This report finds that the largest 100 staffing firms globally generated a combined revenue of $262.9 billion (222.2 billion) in 2021, representing 42% of the global market. Finds research by Vactures.nl which compared the end of year revenue figures of the largest staffing players in the world. Profit from the additional features of your individual account. As we show below, there are now only four companies left in the trillion dollar market cap club. In addition to providing temporary and contract staffing solutions, Kelly Services also offers payroll services, human resource consulting, and other HR-related services. Find Allegis Global Solutions Jobs Near Me, Robert Half International. As expected, in term of growth and decline, Volt Workforce Solutions (-15.2%) and Temp Holdings (39.9%) were respectively the biggest losers and winners in the past year. As one of the largest staffing companies in the US, FirstGroup America is well-positioned to continue providing high-quality services to its clients in the years to come. They service the federal government, having staffed FEMA, Fortune 500 companies, and businesses of all sizes in the United States, Canada, Puerto Rico, and Asia. Services offered by Randstad include temporary staffing, permanent placement, career transition and talent development, as well as payroll and HR Solutions. Provides employee dispatching to clients, as well as a variety of human resources consultancy services. What services do staffing companies provide? Price in Euros: USD 1.1218; JPY 138.54; GBP 0.7234; AUD 1.4466. Based upon the projection of 6% growth, this would mean total revenue of 440 billion euro in 2014. "Leading Companies in The Staffing Industry Worldwide in 2020, by Revenue (in Billion U.S. Currently, you are using a shared account. Despite said candidates working within a client company, some remain as employees .