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Enterprisewide
Professional Employer Organizations in the US
IBISWorld, October 2012, Pages: 33
Working together: An improved labor market and more businesses will benefit the industry
Professional Employer Organizations in the US
Outside job
Despite plunging employment rates, the industry has remained relatively stable over the last five years. Revenue will improve steadily, as the unemployment rate decreases marginally and corporate profit rises in accordance with the economic recovery. Moreover, growth in small businesses will benefit industry operators, since these companies are the primary clients of professional employer organizations (PEOs). Still, competition from other industries that outsource similar services will continue to threaten operators.
This industry provides HR management and administration services through a co-employment relationship. Professional employer organizations (PEOs) are responsible for employee administration, serving as the legal employer while employees work for the client at the client's premises. PEOs pay wages and associated employment costs in exchange for a fee, which covers the costs plus a margin for services, including payroll, tax remittance and benefits administration.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
MAJOR COMPANIES.
There are no major players in this industry
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