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Professional Employer Organizations in the US Product Image

Professional Employer Organizations in the US

  • Published: December 2013
  • Region: United States
  • 34 pages
  • IBISWorld
Working together: An expanding labor market and corporate profit will drive demand

Incentive Compensation: An expanding labor market and corporate profit will drive demand

Professional Employer Organizations in the US

The onset of the recession caused industry revenue to contract, as the number of employees and businesses in the United States declined. Furthermore, plummeting corporate profit resulted in fewer companies investing in new ventures such as using professional employer organizations (PEOs). Moreover, the industry is receiving additional competition from a range of other human resources related industries. Over the next five years, however, the Professional Employer Organizations industry is expected to experience consistent growth as the overall US economy improves and as the number of businesses and employees gradually increases.

This industry provides HR management and administration services through a co-employment relationship. Professional employer organizations (PEOs) are responsible for employee administration and serve as the legal employer while employees work for the client on-site. PEOs pay wages and associated employment costs in exchange for a fee, which covers the expenses, plus a margin for services including payroll, READ MORE >

TABLE OF CONTENTS

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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