Staffing Industry Analysts Announces Largest U.S. Staffing and Talent Engagement Firms
19th Annual Report Shows Revenue Growth from Nation's Largest Firms
MOUNTAIN VIEW, Calif., July 9, 2014 /PRNewswire/ -- Staffing Industry Analysts, the global advisor on contingent work, today released the 2014 U.S. staffing and talent engagement market share report. In a repeat of last year, Allegis Group is the U.S. leader for the eighth year in a row with $8.7 billion in revenue and the top five firms remain unchanged from last year.
124 firms generated more than $100 million in U.S. staffing and talent engagement revenue in 2013. These firms generated a combined $74.1 billion in U.S. staffing and talent engagement revenue, which represents 54.5% of the total market.
The five largest U.S. staffing and talent engagement companies are:
Company
|
2013 U.S. Staffing Revenue ($millions) |
Market share
|
Allegis Group |
8,751 |
6.4% |
Adecco |
4,400 |
3.2% |
Randstad Holding |
4,366 |
3.2% |
ManpowerGroup |
3,830 |
2.8% |
Kelly Services |
3,428 |
2.5% |
"The 124 firms that qualified for this year's report represents the highest number since the boom year of 2000 when 128 firms met the threshold," said Timothy Landhuis, senior research analyst for Staffing Industry Analysts. "Both the large number of firms, as well as the $74.1 billion of revenue, underscore the record level of demand for staffing and talent engagement services in the U.S. economy."
Fifty-five percent of firms in the report noted a professional temporary staffing segment (IT, healthcare, engineering, etc.) as their largest segment. Thirty-two percent noted a commercial staffing segment (industrial, office/clerical). The remaining portion noted other services such as PEO and retained search.
Staffing Industry Analysts defines staffing revenue as revenue from providing temporary workers to business clients, as well as from the "place & search" services of direct hire/permanent placement, retained search and temp-to-hire conversion fee revenue. Talent engagement revenue is defined as Professional Employer Organization (PEO) net revenue, Recruitment Process Outsourcing (RPO) revenue, payrolling net revenue, online staffing revenue and Managed Service Provider (MSP) fee revenue.
About Staffing Industry Analysts
Staffing Industry Analysts is the global advisor on contingent work. Known for its independent and objective insights, the company's proprietary research, award-winning content, data, support tools, publications and executive conferences provide a competitive edge to decision-makers who supply and buy temporary staffing. In addition to temporary staffing, Staffing Industry Analysts also covers related staffing sectors. The company provides accreditation with its Certified Contingent Workforce Professional (CCWP) program. Founded in 1989, acquired by Crain Communications Inc. in 2008, the company is headquartered in Mountain View, California, with offices in London, England. For more information: www.staffingindustry.com.
SOURCE Staffing Industry Analysts
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