|
|
 |
|
Viewing report
|
|
|
|
Staffing Services
First Research, Nov 2011, Pages: 10
First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the heavy lifting' by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues.'
Executive Summary
Brief Excerpt from Industry Overview Chapter:
The US personnel staffing agencies industry includes about 32,000 companies with combined annual revenue of about $215 billion. Major companies include ADP TotalSource, Insperity (formerly Administaff), Kelly Services, Manpower, and the US operations of Adecco. The industry is fragmented: the 50 largest companies generate about 40 percent of industry revenue.
The global staffing services industry generates about $280 billion in annual revenue, according to the International Confederation of Private Employment Agencies. Major staffing services providers based outside the US are Adecco (Switzerland) and Randstad (the Netherlands). Large staffing services markets include the EU, the US, Japan, and the UK.
COMPETITIVE LANDSCAPE
Job growth drives demand for the personnel staffing industry. The profitability of individual companies depends on good marketing and availability of qualified employees. Large companies enjoy economies of scale in marketing and back-office operations. Small companies can compete successfully by specializing in an industry or a job function. The industry is labor-intensive: average annual revenue per worker is about $80,000.
PRODUCTS, OPERATIONS & TECHNOLOGY
The industry is divided into three major segments: temporary help services (about 50 percent of industry revenue), professional employer organizations (about 40 percent), and placement agencies (about 10 percent). Temporary help services provide workers for customers for limited periods, often to substitute for absent permanent workers or to help during periods of peak demand. These workers, who are employees of the temporary help agency, will generally fill clerical, technical, or industrial positions. Professional employer organizations...
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Personnel Services - Global Outlook
Global Recruitment Market Report: 2011 Edition
US Recruitment Sector - Demand for Temporary Staffing
Professional Employer Organizations
IT Recruitment Market Assessment 2010
UK Recruitment Sector - Changing Trends In Permanent and Temporary Staffing
Global Recruitment Market Report: 2009 Edition
Temporary Help Service Lines World Report
Employment Services in Europe
Recruitment Agencies (Temporary & Contract) Market Report 2010
|
|
|
|
