Like many of the other companies on this list, they provide temporary placements, temp-to-hire opportunities, and direct hires. This is a BETA experience. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. America United States Canada Mexico . The US recruitment industry is projected to grow at a CAGR of 7.1% through 2028. Please do not hesitate to contact me. They had to meet the rapidly changing employment needs of their clients, all while working remotely and during the worst-ever month for recruiting firm placements, according to the American Staffing Association. 98 San Jacinto Blvd 4th Floor Austin, TX 78701. SIA is the Global Advisor on Staffing and Workforce Solutions. Kelly Services - 2.4 percent. Fusion Medical Staffing is an award-winning healthcare staffing company. Both lawyers were in need of immediate and temporary secretarial help with no way to get it. Were here for you now and well be here for you in 2022 and beyond. Kelly Services is a recognizable name to anyone who has been job hunting over the last several years. They have expanded into 18 more countries over the last 14 years. EmployBridge provides both temporary and permanent placements in many industries, including the manufacturing and transportation industries. Manpower was founded in 1948 by Elmer Winter and Aaron Scheinfeld after they found themselves in need of temporary staffing services. 02 - Larsen & Toubro Ltd. Larsen & Toubro Ltd, or L&T (top 10 construction companies of India) is an Indian multinational corporation based in Mumbai with interests in engineering, building, manufacturing, technology, and financial services. 2022 Annual Revenue: $4.46 billion The 2021 Managed Service Provider 500 | CRN Randstad is the worlds second-largest HR service provider with around 4,800 offices in more than 40 countries. By 1995, they were international, opening an office in Ontario. 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. The staffing industry is vital to the American economy, as it helps businesses manage their workforce needs in a flexible and cost-effective manner. Workforce solutions company Trueblue Inc (NYSE:TBI) ranks 11th in our list of the best staffing stocks to buy according to hedge funds. Jacksonville, Florida, 2022 Annual Revenue: $24.81 billion Believe it or not, employee referrals account for 30-50% of all hires. How we consume, how we produce, its all going through cataclysmic changes, says Gary Burnison, CEO of Korn Ferry. The company was founded in 1992 and has since established itself as a premier provider of recruiting, staffing, and consulting services. For the full list of Americas Best Professional Recruiting Firms, click here. 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. They took things internationally in 1968 with an office in Toronto, following with another in Paris in 1972. Manpower currently has more than 3,000 offices in over 80 countries and owns hundreds of subsidiaries. The 175 companies in this years report represent 63.5% of the market and with a combined revenue of $97 billion indicate an industry well-positioned to weather the impact of the pandemic, said Barry Asin, SIA President. Real GDP increased in all 50 states and for the nation at an annual rate of 4.3% in the 4th quarter of 2020. Our US Staffing 2021 & 2022 - Temporary Trends to Watch ebook provides more detail on the most recent projections for the industry. Bill Stoller is acting as CEO and Chairman of the Board while Bob Funk is acting as President and Vice Chairman of the Board. These underline issues have made it challenging for companies to attract high-quality talent and complex the hiring process. Globally, they are not far behind Randstad in revenue. With over 50 years of experience in the staffing industry, we can provide the right solution for your staffing needs. The company was founded in 1960 by Frits Goldschmeding and operates in various segments, including staffing, Recruitment, Outsourcing and Professional placements. As they continued to expand, the Allegis Group was formed. Founded in 1948, ManpowerGroup has over 70 years of experience in connecting people with jobs. Kelly Troy, Michigan, United States 1946 Peter Quigley. Current CEO: Keith Waddel ManpowerGroup offers a wide range of staffing and recruiting services to help businesses meet their workforce needs. Fills contract, temp-to-hire, and direct hire vacancies in a range of settings, including schools and prisons. endobj A year later, they had spread across the continental 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. With success like that, it wasnt long before they began to expand. It also offers services such as payroll processing and benefits administration. The global staffing industry is forecast to grow by 12% in 2021. Elite 150 2nd Watch Abacus Group Accucode, Inc. Advizex Agilant Solutions, Inc. All Covered, IT Services Division of Konica Minolta All Lines Technology Alphaserve Technologies American Digital. Labor Ready became PeopleReady, one of five different brands under the TrueBlue umbrella. statistic alerts) please log in with your personal account. Looking at the overall US landscape and the economy is a big indicator to help predictions on the US staffing industrys future performance. To use individual functions (e.g., mark statistics as favourites, set 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. If you are an admin, please authenticate by logging in again. Respondents were asked to nominate up to 10 recruiting firms in the executive search, professional search and temporary staffing categories. New Hampshire had the lowest jobless rates in May at 2.5%, closely followed by Nebraska and Vermont at 2.6% each. Please create an employee account to be able to mark statistics as favorites. 3 0 obj This will result in a market size of $2 billion by 2025. SIAfound that US staffing firms gross margin ranged from 15.3% to 41.7%, averaging at 25.6%. At KP, we fill direct-hire, temporary, and temp-to-hire positions; we also offer payroll services and on-site recruiting. With over 700 locations nationwide, Express provides a wide range of job opportunities, from entry-level to professional positions. Founders Bill Stoller and Bob Funk are still active within the company. Number of Employees: 5,600. The largest recruiting firm in the U.S. is Adecco Staffing USA, with a revenue of $24.81 billion. With a comprehensive suite of services and an experienced team, ManpowerGroup can help businesses find the right talent to meet their specific needs. The full 2020 Largest Staffing Firms in the United States report is available for SIAs corporate and CWS Council members. "Largest Staffing Firms in The United States in 2020, Ranked by Revenue (in Billion U.S. Number of Employees: 38,000+. It comprises firms that provide temporary, contract, and permanent placement of workers in a wide variety of industries. FirstGroup America is one of the leading staffing companies in the United States. There are several factors that businesses should consider when selecting a staffing company. Menlo Parks Robert Half similarly maintained its No. Media Contact 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. Second, staffing companies can handle the recruitment and screening process for businesses. Further, 56% of recruiters say they find the best candidates through social media. This statistic shows the market share of the largest staffing firms in the United States in 2020. statistic alerts) please log in with your personal account. Best Staffing Agencies for Fast Hiring in 2023 [Updated] - The SMB Guide Founded in 1995, the company has built its expertise by providing quality services to businesses of all sizes across a variety of industries. If you are already a member, please Sign In. Not only did the advent of widespread telecommuting improve the productivity of Robert Halfs recruiters, but it gave its clients the chance to tap into the national labor market, allowing for better fits that satisfy employers and employees alike. 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. Largest Industrial Staffing Firms in the US: 2021 Update 8. 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. The Best Staffing Agencies in 2023 Founded in 1946, Kelly Services is a global leader in staffing and recruiting firms. Our list of the ten largest recruiting firms includes some international companies. A goal they met successfully, earning them over $1M in revenue in the companys first year. The finance and insurance industry contributed significantly to the overall real GDP increase, signifying growing industries with further job demand expected. Randstad is a Dutch human resource consulting firm headquartered in Diemen, Netherlands. CHASE Staffing was founded in Atlanta, GA in 1979 and has grown to be one of the largest privately owned Atlanta-based staffing firms and continues to be a top 25 employment agency with over 20 branches in 9 states. Ranked by revenue, the report covers firms that generated at least $100 million in US staffing revenue in 2019. The temporary penetration rate in the US continued to increase until March, before dipping to 1.84% in April and remaining relatively unchanged since, at1.83% at the time of writing in July. Staffing companies typically provide businesses with access to a pool of potential employees. 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. As companies in the US continue to embrace digital trends to stand out online,marketingand creative professionals aredesired talent, and staffing agencies can help companies source high quality talent. They partner with organizations like the National Association of Manufacturers, American Staffing Association, AARP, and more. SIA's annual list of the Largest Staffing Firms of 2022 highlights 225 staffing companies in the United States with revenue in 2021. Our warehouse staffing services in Dallas-Fort Worth do it all, so you don't have to. 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. If you want to excel and grow in the US staffing industry it is important to keep on top of the latest insights to seize opportunities and inform strategic decisions to benefit your business. 2022 Annual Revenue: $19.8 billion Julia Whitley - Technical Recruiter - Insight Global | LinkedIn Like many large recruiters, Kellys business took a dramatic nosedive last spring, its education staffing business losing 80% of its revenue. % Register in seconds and access exclusive features. For the full list of Americas Best Executive Recruiting Firms, click here. Please do not hesitate to contact me. In that year, Allegis Group was the largest staffing firm in the U.S. with a market share. The Best Travel Nursing Companies 2021 - BluePipes Blog In 2000, they acquired Olsen Staffing and expanded into the United States. Were in the midst of tremendous change. 12 Best Staffing Company Stocks To Buy Now - Insider Monkey This year's list identified 175 companies that generated at least $100 million in US staffing revenue in 2019. 102, Jaina Tower, District Centre Janakpuri, New Delhi-110058, 2021 All Rights Reserved by CEO Review Magazine. Market share of the largest staffing firms in the United States in 2020 [Graph]. In addition, staffing companies often handle the recruitment, screening, and placement of workers in temporary, permanent, or contract positions. 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. Get full access to all features within our Business Solutions. 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. In addition to providing temporary and contract staffing solutions, Kelly Services also offers payroll services, human resource consulting, and other HR-related services. 12, 2022, https://www.zippia.com/advice/largest-recruiting-firms/. Companies are still seeking experts to help them securely function in a remote working world. Ashley DeSimone - Managing Director, Staffing - LinkedIn Who are the Largest Staffing Companies in the US? | Bullhorn You need a Statista Account for unlimited access. Largest Staffing Firms in the United States: 2021 Update Furthermore, May was the second consecutive month of record-breaking job openings in the USduring 2021. Staffing Industry Statistics - American Staffing Association As a Premium user you get access to the detailed source references and background information about this statistic. Background checks. 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. Eventually, they began sending the workers out to client offices to fill in positions temporarily. 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. 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. Quigley is optimistic that staffing firms, and the economy as a whole, will quickly recover once schools resume in-person education. We have determined the ten largest based on the revenue they accrued in the United States. So, they created their own solution. Current CEO: Patrick Beharelle Utz Brands, which just appeared on our radar in 2020, lost $108 million that year but pocketed $8 million last year. However, three companies fell into the red in 2021: TreeHouse Foods (-$13 million), Grupo Lala (-$17 million) and SunOpta (-$4 million). This report highlights 186 staffing companies that generated $100 million or more in US staffing revenue last year Added together, the companies generated $95.1 billion in US staffing revenue last year, or 69.9% of the market 1. 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. 1974. This global human resource consulting firm was founded in 1948 by Bob and Maxine Half. America's Best Temp Staffing Firms 2022 - Forbes This statistic is not included in your account. As soon as this statistic is updated, you will immediately be notified via e-mail. Kelly was named in the Top 100 Companies to Watch for Remote Jobs in 2021 and received the 2020 MMSDC ACE Award Corporation of the Year in Professional Services Staffing., 2022 Annual Revenue: $4.90 billion The Adecco Group is expected to continue to grow in the coming years, and it is projected to be one of the largest staffing companies in the world by 2022. 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). For all the good TrueBlue does, they are not without their controversy. These are the top 10 staffing companies in the United States. They had over 257 branches in four European countries by the end of 1985. o sooner did the U.S. economy reopen than the Great Resignation took hold. From temporary positions to temp-to-hire to direct hire opportunities, recruiters help find employees for their clients companies. Apr. But an increase in demand from science, healthcare and pharmaceutical employers bolstered its bottom line. Adecco was created in 1996 when Swiss staffing firm Adia and French staffing firm Ecco merged. By 1952, they had started expanding across the United States. TrueBlue is a leading provider of staffing and recruiting solutions in the United States. It turns out they werent the only ones in need. They began by providing temp services to local companies in Michigan, with temp workers completing typing work within the Kelly offices. Are you interested in testing our business solutions? TruBlue and one of its brands, PeopleScout, have an active role in the Ready to Work Business Collaborative (RTWBC). Number of Hedge Fund Investors: 12. Thats a third of American working adults, and its disproportionately impacting people of color, says Peter Quigley, the CEO of Kelly. <> PDF Largest Industrial Staffing Firms in the US Then you can access your favorite statistics via the star in the header. The company was created in the 90s when several staffing organizations were merged to create one large company. Let us help you navigate these challenging times and emerge stronger than ever before. The most effective method of recruitment is employee referrals. The aggregate average review score on TNC was 86.04 out of 100. With an innovative approach towards sheathing businesses, start-up, technology and entrepreneurs, CEO Review Magazine covers business news insights. If you want to gain a deeper insightinto what is happening inthe USstaffing industry, youcanbook astrategy sessionwith one of our experts. 1 0 obj Parent company AKKA Technologies acquired by Adecco in 3Q21. 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. Number of Employees: 5,200. Elevating the Workforce Solutions EcosystemFounded in 1989, SIA is the global advisor on staffing and workforce solutions. With a diverse range of healthcare positions nationwide, wherever you want to go, Fusion can help you get there. Creative Financial Staffing (CFS) is a leading, employee-owned staffing firmthe largest one founded by CPA firms. The largest recruiting firm in the U.S. is Adecco Staffing USA, with a revenue of $24.81 billion. The marketing and creative temporary staffing skill segment has also continued to grow each month in 2021. Adecco Staffing USA. Current CEO: Janice Bryant Howroyd The controversy did not end when he and the company parted ways, as lawsuits were filed. 2023 Forbes Media LLC. Robert Half International 2.5 percent. Training What does it mean? If they have a main headquarters outside of the US, the global revenue is also noted. Our clients businesses always come first thats why Randstad is one of the most trusted staffing agencies in the US. We no longer automatically disqualify people with a criminal background. This year we have identified 14 Despite the volatile environment, the country's top staffing and search firms remained relatively unchanged. Kforce is one of the leading staffing companies in the United States and is expected to continue its growth in the coming years. Robert Half Menlo Park, California, United States 1948 M. Keith Waddell 2. Staffing companies are forecast to be one of the fastest-growing industries in the United States through 2022. America's Best Executive Recruiting Firms 2022 - Forbes 94% of recruiters use social media.
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