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2009 U.S. Payroll Services Industry Report
Barnes Reports , March 2009, Pages: 168
The U.S. Payroll Services Industry report, published annually, contains timely and accurate industry statistics, forecasts and demographics. The report features 2009 current and 2010 forecast estimates on the size of the industry (sales, establishments, employment) nationally and for all 50 U.S. States and over 900 metro areas. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment, a breakdown of establishments, sales and employment by employee size of establishment (9 categories), and estimates on up to 10 sub-industries, including payroll accounting services.
Industry Definition and Related Industries
NAICS 541214: Payroll Services. This industry comprises establishments (except offices of CPAs) engaged in the following without also providing accounting, bookkeeping, or billing services: (1) collecting information on hours worked, pay rates, deductions, and other payroll-related data from their clients and (2) using that information to generate pay-checks, payroll reports, and tax filings. These establishments may use data processing and tabulating techniques as part of providing their services.
Related Industries
- Offices of Certified Public Accountants
- Tax Preparation Services
- Management Consulting Services
U.S. Census Categories
NAICS 541214 - Payroll Services is:
34% comparable to SIC 7819 - Talent Payment
18% comparable to SIC 8721 - Payroll Services
Sub-Industries
- Payroll accounting service
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