Founded in 1946 by William Russell Kelly, the company was originally called the Russell Kelly Office Service. With nearly $5 billion in annual revenue, Kelly Services is one of the largest staffing companies in the United States. 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Founder and then CEO Glenn Welstad left the company in 2000 amid scandal. This statistic shows the market share of the largest staffing firms in the United States in 2020. Recruiting and staffing firms have been vital for hiring the right candidates over the past year. The staffing industry is vital to the American economy, as it helps businesses manage their workforce needs in a flexible and cost-effective manner. Then you can access your favorite statistics via the star in the header. Here is a brief look at these top five, as determined by estimated 2018 revenue: Allegis Group - 6.9 percent of the overall market. 4 0 obj Like many of the other companies on this list, they provide temporary placements, temp-to-hire opportunities, and direct hires. The company was founded in 1960 by Frits Goldschmeding and operates in various segments, including staffing, Recruitment, Outsourcing and Professional placements. Furthermore, May was the second consecutive month of record-breaking job openings in the USduring 2021. Los Angeles-based Korn Ferry held on to its place at the top of the executive. Globally, they are not far behind Randstad in revenue. A complete list of the top 100 staffing firms in the U.S. can be found here. If you want to excel and grow in the US staffing industry it is important to keep on top of the latest insights to seize opportunities and inform strategic decisions to benefit your business. 5. You have entered an incorrect email address! Hanover, Maryland, 2022 Annual Revenue: $13.40 billion Current CEO: Alain Dehaze Looking at the overall US landscape and the economy is a big indicator to help predictions on the US staffing industrys future performance. There are now half as many available workers for every openjob across the US as there have been on average over the past 20 years. All of their subsidiaries focus on recruitment and staffing but focus on specific industries. Further, 56% of recruiters say they find the best candidates through social media. By 1952, they had started expanding across the United States. Competition among employers to replace retirees in this field has upped the wages and made it an attractive and popular sector for staffing agencies to recruit in. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. It wasnt until 1993 that they expanded into the United States, acquiring two US-based companies. 1. In February, the company . The 18 Countries Most People Would Move to If They Had a Chance Media Contact Kforce is a staffing company that was founded in 1962. Staffing companies are forecast to be one of the fastest-growing industries in the United States through 2022. [Online]. Let us help you navigate these challenging times and emerge stronger than ever before. SIA is the Global Advisor on Staffing and Workforce Solutions. Mountain View, California October 26, 2020 Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has released its 2020 report on the Largest Staffing Firms in the United States. In addition, staffing companies often handle the recruitment, screening, and placement of workers in temporary, permanent, or contract positions. This list comprises the largest companies in the United States by revenue as of 2022, according to the Fortune 500 tally of companies.. Spherion has more than 700 offices across the country. Payrolling Staffing companies typically provide businesses with access to a pool of potential employees. 94% of recruiters use social media. Not only did the advent of widespread telecommuting improve the productivity of Robert Halfs recruiters, but it gave its clients the chance to tap into the national labor market, allowing for better fits that satisfy employers and employees alike. It was founded by Fred Lorey and Jim Diffley in 1946. With 4,800 branches across 38 countries, this Dutch company is continually at the top of the list. Founded in 1960 by Frits Golfschmeding, Randstad began with temporary staffing, much like the rest of the companies on the list. The 175 companies in this years report represent 63.5% of the market and with a combined revenue of $97 billion indicate an industry well-positioned to weather the impact of the pandemic, said Barry Asin, SIA President. This year's list identified 175 companies that generated at least $100 million in US staffing revenue in 2019. SIA said the revenue highlighted in the report . Current CEO: Keith Waddel Are you interested in testing our business solutions? In addition to its staffing services, FirstGroup America also offers a full range of HR consulting and training solutions. Top 10 Staffing Companies in the USA [Updated list 2022]. The company offers a wide range of staffing and recruiting services, including temporary staffing, permanent placement, executive search, and outplacement. Manpower was founded in 1948 by Elmer Winter and Aaron Scheinfeld after they found themselves in need of temporary staffing services. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor 2020 list of largest US staffing firms online; 175 companies in $100 million-plus club. If you are considering entering the US staffing industry it is important to conduct market research to uncover the popular staffing roles in the US. TruBlue and one of its brands, PeopleScout, have an active role in the Ready to Work Business Collaborative (RTWBC). This is the highest since records began in December 2000, meaning the opportunity to recruit in the US has never been greater. Its a huge asset, an opportunity., And for many top firms, the changes brought about by the past years exceptional circumstances are here to stay. Consequently, this has led to rapid increases in both starting salaries and temporary pay. Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. endobj Hartford County, Connecticut, United States. That's an increase of 806 reviews from last year. to incorporate the statistic into your presentation at any time. "Market share of the largest staffing firms in the United States in 2020." Accessed May 01, 2023. https://www.statista.com/statistics/602484/market-share-of-the-largest-staffing-firms-us/, Staffing Industry Analysts. Timothy Landhuis, VP of research at SIA said, "While . Temporary roles have been expanding, with thetemporary penetration rate(temporaryjobs through a staffing firm as a percent of total employment), hitting the highest level in February 2021 since January 2020 at 1.94%. TrueBlue was originally founded as Labor Ready, Inc. in 1989 by Glenn A Welstad in Kent, Washington. The full 2020 Largest Staffing Firms in the United States report is available for SIAs corporate and CWS Council members. October 29, 2021. As one of the largest staffing companies in the US, FirstGroup America is well-positioned to continue providing high-quality services to its clients in the years to come. They also offer a variety of staffing services, including temporary and contract staffing, as well as direct hire placement. If you are already a member, please Sign In. Accessed May 01, 2023. https://www.statista.com/statistics/602424/largest-staffing-firms-by-revenue-us/, Zippia. Tia McKeen - Managing Director, Staffing Recruiter - LinkedIn We no longer automatically disqualify people with a criminal background. Our list of the ten largest recruiting firms includes some international companies. However, the high demand for talent can be seized as an opportunity for US staffing firms as manymanagers are now seeking help from specialized staffing agencies to secure skilled professionals, especially within IT. 4. 9. They provide staffing needs in healthcare, technology, STEM, and more. Co-founder Tom Bickes stepped down as CEO in January 2020; the board named Michael Miles as his successor. Finally, businesses should read online reviews of the staffing company before making a decision. Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions. As a Premium user you get access to the detailed source references and background information about this statistic. The finance and insurance industry contributed significantly to the overall real GDP increase, signifying growing industries with further job demand expected. Mountain View, California October 26, 2020 Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has released its 2020 report on the Largest Staffing Firms in the United States. Disclaimer: All information written here is for general informational purposes only and is not intended to be a substitute for professional and/or legal services. With an innovative approach towards sheathing businesses, start-up, technology and entrepreneurs, CEO Review Magazine covers business news insights. You only have access to basic statistics. Randstad is the largest human resource consulting company in the world, employing over 29,000 workers across 4,861 branches and 60 countries. In addition, the Adecco Group provides a variety of other services such as HR consulting, training, and development. Spherion Corporation is one of the staffing companies in the United States. Despite being purchased by Mac Messmer in 1986, the company still holds to Bobs vision today. By 1995, they were international, opening an office in Ontario. Here is the list of the top 10 Staffing Companies in the USA in 2022: 2. Business Solutions including all features. The girls became widely known as Kelly Girls. Leveraging the phrase, they rebranded as Kelly Girl Service in 1957. We know the value of time and by considering this we help you to reach all the latest information that you are deprived of. Randstad is the largest staffing company in the world, but only the second largest in the US in terms of revenue earned within the United States. Best Staffing Agencies for Fast Hiring in 2023 [Updated] - The SMB Guide More than 26,000 nominations were collected, and firms with the most recommendations ranked highest. "The 10 Largest Recruiting Firms In The United States" Zippia.com. To determine the list, Statista surveyed 31,000 recruiters and 7,200 job candidates and human resources managers who had worked with recruitment agencies. This will result in a market size of $2 billion by 2025. They opened another office in France the following year. Temporary staffing accounting for 89% ofthisentirerevenue according toSIA's Global Staffing Market Estimates & Forecastsreleasedin May 2021. 2 0 obj 2022 Annual Revenue: $4.46 billion These companies are expected to continue to grow in the coming years, and they offer a variety of services that can help businesses find the best talent for their needs. By 2007, they were present in 20 countries across the globe. Ranked by revenue, the report covers firms that generated at least $100 million in US staffing revenue in 2019. The US recruitment industry is projected to grow at a CAGR of 7.1% through 2028. Number-two Aya Healthcare ($5.7 B) was followed by Randstad Holding ($5.1 B), Express Employment Professionals ($4 B) and Adecco ($3.65 B). They took things internationally in 1968 with an office in Toronto, following with another in Paris in 1972. If you have signed in, and still don't have access, please call Member Services at 800-950-9496 (North America) or +44 (0) 203 823 9900 (everywhere else). While the pandemic necessitated the switch to work from home, it seems to have opened as many doors as it closed. The fact is that 37% of all job seekers are passive, meaning that social media is a great way for recruiters to find hidden talent and network with potential candidates. In partnership with Statista, Forbes took a closer look at the executive, professional and temporary staffing recruiting firms that were able to thrive in 2020 and position themselves at the front of the pack in 2021. In addition, ManpowerGroup provides workforce planning and consulting services to help businesses plan for the future. CHASE Staffing. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. This is the 14th consecutive year that Allegis has been listed as the largest staffing firm in the US. In light ofrecord levels of job openings, the declining trend of initial jobless claims, and the phaseout of enhanced unemployment benefits across many states, the stage is set for continued expansion in the US staffing industry for 2022 and beyond. What is the most effective method of recruitment? This can make it easier for businesses to find qualified workers for their open positions. In 2016, the company reported worldwide revenue of 22.4 billion. This statistic is not included in your account. With over 700 locations nationwide, Express provides a wide range of job opportunities, from entry-level to professional positions. Robert Half Menlo Park, California, United States 1948 M. Keith Waddell 2. 71% of hiring managers agree that social media profiles are an effective way to screen job applicants. Influence & Leadership: ? Zippia. How effective is social media for recruitment? Number of Employees: 5,200. "Largest staffing firms in the United States in 2020, ranked by revenue (in billion U.S. dollars) ." The global staffing industry is forecast to grow by 12% in 2021. The new recruiting strategy had its benefits: Without travel expenses, Korn Ferry saved a significant sum, and by working from home, the company was able to expand its international footprint. 98 San Jacinto Blvd 4th Floor Austin, TX 78701. These are the top 10 staffing companies in the United States. How we consume, how we produce, its all going through cataclysmic changes, says Gary Burnison, CEO of Korn Ferry. You can only download this statistic as a Premium user. They were even a sponsor of the 1996 Summer Olympics held in Atlanta, Georgia, where they based their US headquarters. SIA is the Global Advisor on Staffing and Workforce Solutions. They are considered a military-friendly employer and have won awards for working with military personnel and their spouses. Reputation: ? The most effective of which is LinkedIn, which is used by 90% of recruiters. Today, TrueBlue generates over $3 billion in annual revenue and offers a full range of staffing and recruiting services, including temporary and permanent placement, payroll processing, and managed services. 02 - Larsen & Toubro Ltd. Larsen & Toubro Ltd, or L&T (top 10 construction companies of India) is an Indian multinational corporation based in Mumbai with interests in engineering, building, manufacturing, technology, and financial services. [Online]. List of the largest Staffing & Employment service companies by market capitalization.The market capitalization sometimes referred as Marketcap, indicates the value of a publicly listed company. The staffing company has also relaxed its hiring standards for candidates with criminal records. Added together, these firms generated $95.1 billion in such revenue, making up 69.9% of the market by our estimates. SIA is the Global Advisor on Staffing and Workforce Solutions. Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. PDF Largest Global Staffing Firms 2021 - Quess Corp Largest staffing firms in the U.S. by revenue | Statista As they continued to expand, the Allegis Group was formed. Staffing Conferences | Staffing Webinars | Corporate Membership, Buyer Conferences | Buyer Webinars | CWS Council Membership, Copyright 2023 Crain Communications Inc | Privacy | Sitemap, Best Staffing Firms To Work For North America, Best Staffing Firms To Work For UK & Ireland, 2020 Largest Staffing Firms in the United States report, Meta CFO says headcount could grow 1% to 2% next year, AI will be priority area for hiring, WEC says staffing focused on temp worker safety, but more must be done, Contract workers at Googles YouTube music content operations vote to unionize, Report: How 16-year-old used fake ID to get auto manufacturing jobs through staffing firms (Reuters), Measure of inflation closely watched by the Fed rises 0.3% (CNBC), People: Advantis Medical, Uniti Med, BGSF, IMN Enterprises, ZipRecruiter, N2Growth, UK Impellam Group reports record full year results with profits on the rise, Sweden Pion Group first quarter revenue growth boosted by acquisitions but profits weaken, Sweden NGS Group Q1 revenue up 3.3% but profits hit by nurse hiring restrictions, UK Job confidence remains optimistic despite sluggish economy, with higher pay demands a prime driver, World Robert Half first quarter revenue down 5.6%, but reports growth in Protiviti business, France Groupe Crit revenue up 6.4% on organic and constant currency basis, temporary work revenue rises, Japan TechnoPro Holdings revenue rises 12.6% in 9-month period, Japan Quick Co. Ltd full year revenue up 17.8% with growth in profits, Australia Go2 People securities suspended and appoints new CFO, India Non-tech sectors to hire over 1 million tech professionals by 2027-28, TeamLease finds, Australia Government to lift minimum wage for skilled migrants, Australia Advertised salaries up 4.7% in March: Seek. Here are the five largest staffing firms in the US: New firms also made the list this year. Profit from the additional features of your individual account. That required it to change its thinking about culture; less emphasis on interpersonal relationships and amenities, and more on how tasks are accomplished. This professional staffing segment experienced the largest increase in revenue fromsurveyed staffing firmsby SIA in June 2021, up 23% year over year in June 2021. The controversy did not end when he and the company parted ways, as lawsuits were filed. Nursefinders. The company was founded in 1992 and has since established itself as a premier provider of recruiting, staffing, and consulting services. These underline issues have made it challenging for companies to attract high-quality talent and complex the hiring process. In addition to their US operations, Express Employment Professionals has also expanded into Canada, Australia, and New Zealand. By 1989, they were serving the automotive industry as well. Current CEO: Todd M. Mohr She is a fascinating woman who is said to have left her hometown in North Carolina with $1500 before founding and building a multibillion-dollar corporation. Adecco serves many industries, from accounting and finance to call center and customer service. Surestaff Named to SIA's 2021 100 Largest Staffing Firms in the U.S. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 18 0 R 19 0 R] /MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Kforce is one of the leading staffing companies in the United States and is expected to continue its growth in the coming years. Number of Employees: 5,600. Be the first to rate this post. <>/Metadata 5216 0 R/ViewerPreferences 5217 0 R>> Find Allegis Global Solutions Jobs Near Me, Robert Half International. statistic alerts) please log in with your personal account. Largest Staffing Firms in the United States: 2021 Update Kelly Services - 2.4 percent. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). They are predicted to be one of the top staffing agencies in 2022. Spherion is one of the leading staffing companies in the United States and is expected to continue its growth in the coming years. With a diverse range of healthcare positions nationwide, wherever you want to go, Fusion can help you get there. The company provides contingent, permanent placement, and contract-to-permanent opportunities. The current CEO, Jonas Prising, took over in 2014. What's Been Happening in the US Staffing Industry 2021 [Infographic] SIA's annual list of the Largest Staffing Firms of 2022 highlights 225 staffing companies in the United States with revenue in 2021. They had over 257 branches in four European countries by the end of 1985. The company has its headquarters in Fort Lauderdale, Florida. A paid subscription is required for full access. Founded in 1995, the company has built its expertise by providing quality services to businesses of all sizes across a variety of industries. I write for Forbes Magazine and Forbes.com. the world's largest privately-owned staffing company, is in 5th. ActOne is a group of companies that provides staffing solutions, workforce management, and business solutions. Rachel Henderson - Business Solutions Manager - Ledgent - LinkedIn Statista. The 175 companies in this years report represent 63.5% of the market and with a combined revenue of $97 billion indicate an industry well-positioned to weather the impact of the pandemic, SIA President Barry Asin said. Find Robert Half International Jobs Near Me, 2022 Annual Revenue: $5.00 billion According to Staffing Industry Analysts (SIA), the staffing industry in the United States is expected to generate revenues of $428.9 billion in 2022, up from $379.4 billion in 2018. <> Market share of the largest staffing firms in the United States in 2020 [Graph]. stream The company is expected to continue to grow in 2021 and beyond, as the demand for staffing services is expected to rise in the coming years. Eventually, they began sending the workers out to client offices to fill in positions temporarily. Prior to this year, the US staffing industry grew steadily from $94 billion to $152 billion as part of the economic expansion from 2010 to 2019, propelled by both cyclical and secular factors, said Timothy Landhuis, director of research, North America, at SIA. No votes so far! Our US Staffing 2021 & 2022 - Temporary Trends to Watch ebook provides more detail on the most recent projections for the industry. Chart. EmployBridge has continued expanding and acquiring companies and currently holds many subsidiaries. As a Premium user you get access to background information and details about the release of this statistic. Wayne Mello, president at Robert Half Executive Search, is similarly confident in the prospects for professional recruiting in the coming year. At KP, we fill direct-hire, temporary, and temp-to-hire positions; we also offer payroll services and on-site recruiting. As of 2022, the US staffing and recruiting industry is worth $185.5 billion. There are several factors that businesses should consider when selecting a staffing company. Labor Ready became PeopleReady, one of five different brands under the TrueBlue umbrella. Get full access to all features within our Business Solutions. It comprises firms that provide temporary, contract, and permanent placement of workers in a wide variety of industries. They service the federal government, having staffed FEMA, Fortune 500 companies, and businesses of all sizes in the United States, Canada, Puerto Rico, and Asia. The five largest firms rankings are unchanged from the previous years report, with the Allegis Group leading as the largest firm in the US again this year, with $10.5 billion in US staffing revenue and 6.9% market share. America United States Canada Mexico . Largest Recruiting Firms States Research Summary. The company is headquartered in Tampa, Florida and has over 40 offices across the United States. In fact, Canada has become a destination for many television series commissioned by U.S. networks or subscription video on demand services. Whether they were helping clients find executives to guide them through the crisis or employees to keep vital services running, recruiting and staffing firms were essential. To weather the storm, Korn Ferry leaned heavily on its digital assessments in lieu of in-person interviews. 2023 Forbes Media LLC. Companies are still seeking experts to help them securely function in a remote working world.
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