2022 Annual Revenue: $19.8 billion stream SIAs independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. Number of Employees: 13,000+. All Rights Reserved. The US staffing industry moves fast, which is why we frequently share industry staffing stats with our clients to help them to keep a pulse on the market. 2022 Annual Revenue: $2.30 billion Andrea Mantilla - Technical Recruiter - LinkedIn According to the Bureau of Economic Analysis advanced estimates, real gross domestic product (GDP) is estimated to have increased 6.3% in the first quarter of 2021 and 6.5% in the second quarter. statistic alerts) please log in with your personal account. We have new toys, says Mello, and were not going to be giving them up.. This is SIA's 25th annual report on the largest US staffing firms and features 175 companies, marking an increase over the 157 firms included last year. [Online]. For the full list of Americas Best Executive Recruiting Firms, click here. Largest Staffing Firms in the United States: 2021 Update With a strong commitment to customer service and a focus on finding the right fit for both employer and employee, Express Employment Professionals is poised to continue their growth in the coming years. More than 90% of companies use staffing and recruitment agencies. CFS helps companies locate, attract and hire exceptional accounting, finance . The company provides contingent, permanent placement, and contract-to-permanent opportunities. Ledgent. Kelly Services also used this time to build out a robust set of DE&I practices, establishing an internal advisory council and organizing six identity-based affinity groups to develop community and focus feedback. Our US Staffing 2021 & 2022 - Temporary Trends to Watch ebook provides more detail on the most recent projections for the industry. Workforce solutions company Trueblue Inc (NYSE:TBI) ranks 11th in our list of the best staffing stocks to buy according to hedge funds. Number of Employees: 526,000+. 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. Top 10 Construction Companies In India 2021, Meet Construction Industry Founded in 1995, the company has built its expertise by providing quality services to businesses of all sizes across a variety of industries. 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. up 23% year over year in June 2021. With the US securing the number one spot for global staffing revenue generated at present, the country is expected to hold on to its position as the largest staffing market in the world. <>/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>> Number of Hedge Fund Investors: 12. For the full list of Americas Best Professional Recruiting Firms, click here. 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. 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. Accessed May 01, 2023. https://www.statista.com/statistics/602424/largest-staffing-firms-by-revenue-us/, Zippia. In addition, the Adecco Group provides a variety of other services such as HR consulting, training, and development. They were one of the top engineering staffing firms in the early 2000s. With a diverse range of healthcare positions nationwide, wherever you want to go, Fusion can help you get there. 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. As the US navigates and recovers from the current disruption, many organizations will look to utilize temporary and interim workers to meet shifting demand and maintain an active and agile workforce.. With over 700 locations nationwide, Express provides a wide range of job opportunities, from entry-level to professional positions. Temporary staffing accounting for 89% ofthisentirerevenue according toSIA's Global Staffing Market Estimates & Forecastsreleasedin May 2021. The finance and insurance industry contributed significantly to the overall real GDP increase, signifying growing industries with further job demand expected. xKo8j@oJ@Q Ed]](dV,K;u0 [W"y+M7)3G8)'9)wyk`fnWfMGpvw2eKt+lZ?:_P,5MQL& 8gIee~i=bmm }> Ng_0NRIGV&Y5RT'obGItZ/0,= Li\p 9be}%SzH}GO4?p#(a\n $8:(}:kSeIQMrUTR7P4WApWzAHd-t;H4I&%szkwj`*\JR/,jA"wZ7hi}M)%e9g|1if-N#a,QX(L$OK|9aHn'q;pK-QZ+qEwV1+Nk.#A?X?qWYdpPf@EJno`mC&uMI>f."_7I#V&H(X,kqo./tGFPt,~T|?EJ}Ez@Th2Yt)C>49C0`sy3{ih uX{p. FirstGroup America has a staff of over 500 experts who are dedicated to helping clients find the best talent for their needs. Second, businesses should look at the recruitment and screening processes that the staffing company uses. SIA's annual list of the Largest Staffing Firms of 2022 highlights 225 staffing companies in the United States with revenue in 2021. Please do not hesitate to contact me. As soon as this statistic is updated, you will immediately be notified via e-mail. The full 2020 Largest Staffing Firms in the United States report is available for SIAs Corporate and CWS Council Members. YEAR OF FOUNDATION: 1983 Founder and CEO Janice is the first African-American woman to build and own a billion-dollar company. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England. In, Staffing Industry Analysts. Then you can access your favorite statistics via the star in the header. In that year, Allegis Group was the largest staffing firm in the U.S. with a market share. 2021 - SIA #4 Largest Accounting/ Finance Staffing Firm 2021 - Best Workplaces in Consulting & Professional Services - Great Place to Work 2021 - Fortune Best Workplaces for Women & Great . You need at least a Starter Account to use this feature. Are you interested in testing our business solutions? These are the top 10 staffing companies in the United States. In February, the company . Largest Industrial Staffing Firms in the US 2021 Update November 30, 2021 Timothy Landhuis, Director of Research, North America | tlandhuis@staffingindustry.com . 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. In 2020, ManpowerGroup generated revenue of $23.6 billion and employed more than 33,000 people worldwide. You can only download this statistic as a Premium user. The companys global headquarters is located in Zurich, Switzerland, but their US headquarters is in Jacksonville, Florida. If you are an admin, please authenticate by logging in again. As of 2022, the US staffing and recruiting industry is worth $185.5 billion. 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. As they continued to expand, the Allegis Group was formed. Are you interested in testing our business solutions? Randstad is the largest human resource consulting company in the world, employing over 29,000 workers across 4,861 branches and 60 countries. Media Contact Market share of the largest staffing firms in the United States in 2020 [Graph]. 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. As businesses increasingly turn to staffing firms to find qualified candidates, Robert Half International is poised to continue its growth trajectory in the years ahead. If you want to gain a deeper insightinto what is happening inthe USstaffing industry, youcanbook astrategy sessionwith one of our experts. They opened another office in France the following year. It was created in India by two Danish engineers. A goal they met successfully, earning them over $1M in revenue in the companys first year. The 18 Countries Most People Would Move to If They Had a Chance Current CEO: Jonas Prising Staffing employees work in virtually all occupations in all sectors: 36% Industrial 24% Office-Clerical and Administrative 21% Professional-Managerial 11% Engineering, Information Technology, and Scientific 8% Health Care 40% of staffing employees work in higher-skilled occupations. Social media is very effective for recruitment. Their current CEO was named to Staffing Industry Analysts list of North America Staffing 100. However, three companies fell into the red in 2021: TreeHouse Foods (-$13 million), Grupo Lala (-$17 million) and SunOpta (-$4 million). The company was founded in 1992 and has since established itself as a premier provider of recruiting, staffing, and consulting services. Let us help you navigate these challenging times and emerge stronger than ever before. This is a BETA experience. The fact is that 37% of all job seekers are passive, meaning that social media is a great way for recruiters to find hidden talent and network with potential candidates. Accountable Healthcare Staffing. endobj 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.. SIA said the revenue highlighted in the report . Both lawyers were in need of immediate and temporary secretarial help with no way to get it. Nursefinders. We know the value of time and by considering this we help you to reach all the latest information that you are deprived of. Staffing companies are an important part of the business landscape, and they will continue to play a vital role in helping businesses succeed. Robert Half International 2.5 percent. Robert Half Menlo Park, California, United States 1948 M. Keith Waddell 2. As the workforce landscape continues to evolve, TrueBlue is well-positioned to continue its growth into 2022 and beyond. 2023 Forbes Media LLC. Robert Half International remained as fourth and Kelly Services as fifth for the second consecutive year. By 1967, they had already expanded into four countries. Contact us today to learn more about our services and how we can help you achieve your business goals. The company rebranded to TrueBlue in 2008. Payrolling Canada's multi-billion-dollar television and film industry has weathered the global pandemic better than many, with world-class film, visual effects, animation and post-production companies employing thousands of talented people across the country. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Frits retired in 1998, but it didnt stop the company from continuing to grow. Kelly Services is a recognizable name to anyone who has been job hunting over the last several years. 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. These services include temporary and contract staffing, permanent placement, executive search, outplacement, and training and development. One of Atlantas largest privately-owned companies, EmployBridge, has 400 locations across the US. 9. Currently, you are using a shared account. Here are the five largest staffing firms in the US: New firms also made the list this year. ", 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. Staffing Industry Statistics - American Staffing Association A sharp rebound inlabordemand, paired with unemployment benefits still being readily available in the US has led to a notable fall in the supply of workers. Further, 56% of recruiters say they find the best candidates through social media. It also rolled out a career coaching subscription service, KF Advance, and $100 million in corporate diversity, equity and inclusion training. In light ofrecord levels of job openings, the declining trend of initial jobless claims, and the phaseout of enhanced unemployment benefits across many states, the stage is set for continued expansion in the US staffing industry for 2022 and beyond. 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). The US recruitment industry is projected to grow at a CAGR of 7.1% through 2028. Despite being purchased by Mac Messmer in 1986, the company still holds to Bobs vision today. If you are considering entering the US staffing industry it is important to conduct market research to uncover the popular staffing roles in the US. Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. 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. Like many large recruiters, Kellys business took a dramatic nosedive last spring, its education staffing business losing 80% of its revenue. If you have signed in, and still don't have access, please call Member Services at 800-950-9496 (North America) or +44 (0) 203 823 9900 (everywhere else). In addition to providing temporary and contract staffing solutions, Kelly Services also offers payroll services, human resource consulting, and other HR-related services. 2 0 obj The company was founded in 1960 by Frits Goldschmeding and operates in various segments, including staffing, Recruitment, Outsourcing and Professional placements. 4 0 obj Founded in 1983 by William Bill Stoller, Robert Bob Funk, and James Gray after the dissolution of Acme Personnel. Unemployment benefits are still available in many states, whichhas resulted in many Americans who lost their job during the pandemic remaininghesitant about returning to thelabormarket. TheUS staffing market isthe largest in the world, accounting for a huge 31% of global staffing revenue in 2020 and number one amongst the three countries that hold 55% of the industrys $445 billion global revenue. 2022 Annual Revenue: $1.10 billion Similarly, the number of firms with at least $100 million in US staffing revenue increased from 98 to 175 during the same period, highlighting the achievements of a diverse and remarkable set of companies that have succeeded in growing their operations to significant scale.. Largest staffing firms in the U.S. by revenue | Statista As soon as this statistic is updated, you will immediately be notified via e-mail. By 1995, they were international, opening an office in Ontario. Third, businesses should inquire about the training and development services that the staffing company offers. ManpowerGroup is a leading staffing company in the United States. As a Premium user you get access to the detailed source references and background information about this statistic. With 4,800 branches across 38 countries, this Dutch company is continually at the top of the list. Largest staffing firms in the U.S. by revenue 2020 Published by Statista Research Department , Jul 6, 2022 In terms of revenue, Allegis Group is the clear leader in the U.S. staffing market,. May 31, 2021. This was when the company truly started to expand. Founder and then CEO Glenn Welstad left the company in 2000 amid scandal. ActOne is listed as #2 on the BE 100s, Black Enterprises list of the largest black-owned businesses. The threat of new COVID-19 variants also has made those currently in positions less likely to be open to switching jobs. 10 Largest Temp Agencies In The World - Zippia The global staffing industry is forecast to grow by 12% in 2021. Scaling up or down? Current CEO: Karen Fichuk (USA) As of 2022, the US staffing and recruiting industry is worth $185.5 billion. Surestaff Named to SIA's 2021 100 Largest Staffing Firms in the U.S. The marketing and creative temporary staffing skill segment has also continued to grow each month in 2021. We have noticed across our workforce, that internal pay rates have been edging up since early 2021, making recruiting in the US even more attractive due to the large gross margin potential. Competition among employers to replace retirees in this field has upped the wages and made it an attractive and popular sector for staffing agencies to recruit in. One . 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. to incorporate the statistic into your presentation at any time. Adecco was created in 1996 when Swiss staffing firm Adia and French staffing firm Ecco merged. Parent company AKKA Technologies acquired by Adecco in 3Q21. Labor Ready became PeopleReady, one of five different brands under the TrueBlue umbrella. 85% of the industrys revenue was from the temporary/contract positions they fill. Manpower currently has more than 3,000 offices in over 80 countries and owns hundreds of subsidiaries. Added together, the companies generated $134.9 billion in US staffing revenue last year, or 76.2% of the market. The full 2020 Largest Staffing Firms in the United States report is available for SIAs corporate and CWS Council members. EmployBridge has continued expanding and acquiring companies and currently holds many subsidiaries. While there is a difference between a staffing company and a recruitment firm, the majority of both provide the same services these days. 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. Finally, businesses should read online reviews of the staffing company before making a decision. We provide career opportunities to healthcare professionals. Training Current CEO: William H. Stoller The new recruiting strategy had its benefits: Without travel expenses, Korn Ferry saved a significant sum, and by working from home, the company was able to expand its international footprint. In 2020, they were named The Best Employer for Diversity and Americas Best Employer for Women by Forbes. What are the benefits of working with a staffing company? The staffing industry plays an important role in the economy of the United States of America. In the second and third spots respectively are the Netherlands-based Randstad Holding and Switzerland-based Adecco, for the fourth year in a row. What does it mean? To weather the storm, Korn Ferry leaned heavily on its digital assessments in lieu of in-person interviews. Timothy Landhuis, VP of research at SIA said, "While . They began with the goal of serving the aerospace and defense industries. Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. Manpower was founded in 1948 by Elmer Winter and Aaron Scheinfeld after they found themselves in need of temporary staffing services. List of largest companies in the United States by revenue I am a Business Solutions Manager for Ledgent Finance & Accounting - that means I provide support to local . SIA Announces 2022 Largest Locum Tenens Firms - Locumpedia Combined, the 225 staffing companies generated $134.9 billion. 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. o sooner did the U.S. economy reopen than the Great Resignation took hold. Considering the US staffing market size and the fact that alonestates like California havea larger economic output than the whole of the UK, the potential for international recruitment agencies to grow by making placements in the US is enormous. America's Best Temp Staffing Firms 2022 - Forbes Spherion has more than 700 offices across the country. So, they created their own solution. Available: https://www.statista.com/statistics/602484/market-share-of-the-largest-staffing-firms-us/, Market share of the largest staffing firms in the United States in 2020, Immediate access to statistics, forecasts & reports, Forecasted market growth of the staffing industry by country 2019-2020, Agency work industry sales revenue in selected countries worldwide 2021, 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 employment in the U.S. 2000-2021, 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, Largest staffing firms in India 2015, by revenue, North American staffing firms: ramp-up time of new hires 2017, North American staffing firms: number of recruiters and salespeople 2017, Production value of employment agencies in Italy 2015-2017, Operating result of employment agencies in Italy 2015-2017, Share of fixed and temporary employees of Decathlon Spain in 2010-2020, Labor and staff expenses of Virgin Australia Group FY 2017-2019, National average staff turnover in New Zealand 2012-2018, Perceived main barriers to providing staff wellbeing support New Zealand 2019, Find your information in our database containing over 20,000 reports. Consequently, this has led to rapid increases in both starting salaries and temporary pay. The company was created in the 90s when several staffing organizations were merged to create one large company. Furthermore, May was the second consecutive month of record-breaking job openings in the USduring 2021.