Professional Employer Organizations
Industry Description
The US human resources (HR) services industry includes about 4,000 companies that operate as professional employer organizations (PEOs) with combined annual revenue of about $90 billion. Major companies include Automatic Data Processing (ADP), Ceridian, Insperity, Paychex, and TriNet Group. The industry is concentrated: the 50 largest companies generate 55 percent of industry revenue.
SIC: 7363
NAICS: 561330
NAICS: 561330
Related Industries:
Business Services Sector, Staffing Services, Executive Search Services, Payroll ServicesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Automatic Data Processing, Inc. | 9,879.50M | Roseland, NJ |
| Capita plc | 4,643.78M | London, United Kingdom |
| Paychex, Inc. | 2,084.30M | Rochester, NY |
| Insperity, Inc. | 1,976.22M | Kingwood, TX |
| Randstad Deutschland GmbH & Co.KG | 1,797.00M | Eschborn, Germany |
There are 6,230 companies in this industry. To view all of them, register now.Trends
Strong Growth Prospects - HR outsourcing has become the fastest growing segment of...
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US corporate profits, an indicator of corporate demand for human resources services, rose 7.0 percent in the fourth quarter of 2011 compared to the same period in 2010.
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Benefits Enrollment Outsourcing Increases - US employers are moving to outsourced solutions for health benefits enrollment, in part because they allow greater flexibility in the face of changes brought about...
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