North America
2015 Largest Staffing Firms
in the United States
July 9, 2015
Timothy Landhuis, Research Manager
[email protected]
Confidential Report – NOT for Distribution | ©2015 by Crain Communications Inc. All rights reserved.
2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Key Findings:
•
We estimate that 122 firms generated at least $100 million in U.S. staffing revenue in 2014.
Added together, these firms generated $69.4 billion in U.S. staffing revenue in 2014,
representing 55.9% of the market, according to our estimates. The complete list of 122 firms
can be found starting on page five of this report.
•
Please note that in this year’s report our revenue estimates reflect “staffing revenue” defined
as revenue related to temporary staffing, direct hire, retained search, and temp-to-hire
conversion fees. In last year’s report, we also included revenue related to “talent
engagement”, which included MSP, RPO, PEO, and online staffing. We have limited our
revenue estimates to cover “staffing revenue” to allow for greater consistency and
comparability of figures across firms in this report. As a result of this change, revenue figures
in this report are not strictly comparable with figures in last year’s report.
•
We have ranked companies by revenue, according to industry custom, but this ranking should
not be taken to imply that a firm with a higher rank provides better service or more value to
its shareholders.
•
Staffing firms varied in degree of financial transparency, and even when forthcoming with
information, in some cases data provided was adjusted for the sake of consistency. Therefore,
for all firms on this list, the revenue reported is estimated by Staffing Industry Analysts.
•
Overall, we believe that this list is accurate and can be used appropriately to get a “big
picture” reading of the U.S. staffing industry landscape. However, as we are constantly
improving our methodology, and because we have narrowed our revenue estimates to reflect
“staffing revenue” as explained above, this year’s estimates are not comparable to those of
previous years. For that reason, we also did not display prior year revenue estimates in this
report.
This represents the 20th annual
report on the largest U.S. staffing
firms produced by Staffing Industry
Analysts. All of the companies listed
were invited to provide their revenue
numbers via online survey in
February/March 2015. For firms that
did not participate in the survey,
revenue estimates were based on
company reports, company websites
and other sources. Our lists are of
strong interest to staffing buyers and
we hope those listed will benefit from
the increased buyer awareness. Firms
not on this list that feel they should
have been included are encouraged
to contact Staffing Industry Analysts,
as we will be releasing a follow‐up
briefing for any late additions. Many
thanks to the staffing firms who
offered their encouragement and
assistance in this year's report
process.
PROPRIETARY DATA, DO NOT DISTRIBUTE OUTSIDE YOUR ORGANIZATION. Your company’s use of this report precludes distribution of its contents, in whole or in part, to other companies or individuals outside your organization in any form –
electronic, written or verbal – without the express written permission of Staffing Industry Analysts. It is your organization’s responsibility to maintain and protect the confidentiality of this report.
Staffing Industry Analysts | 1975 W. El Camino Real, Ste. 304 | Mountain View, CA 94040 | 800.950.9496 | www.staffingindustry.com
2
2015 Largest Staffing Firms in the United States | July 9, 2015
About the 2015 Largest Staffing Firms in the United States report
Information provided:
How does SIA define staffing revenue?
• Companies were ranked by their estimated 2014 U.S.
staffing revenue. Franchise revenue was accounted for on a
gross basis (full revenue of franchises as opposed to
franchise fees.) Our revenue estimates for each staffing firm
include the full-year revenue (“pro forma revenue”) of any
acquired staffing firms for acquisitions completed during
2014, in order to provide a better proxy for annual revenue
size and market share moving forward.
• We define “staffing revenue” as revenue generated from
the provision of temporary workers to business clients, as
well as “place & search” revenue from direct hire/
permanent placement, retained search, and “temp-to-hire”
conversions fees.
• The list also provides our estimate of each company’s
market share of the U.S. staffing industry. Market share was
calculated by dividing a company’s listed revenue by our
2014 industry estimate of $124.1 billion that we published
in our U.S. Staffing Industry Forecast – April 2015 Update
report.
• Our estimate of the two segments in which a company
generated the most revenue are also provided. For
companies that reported all of their revenue in only one
segment, we only listed that one.
• The scope of this list is different from last year’s list of
largest U.S. staffing firms in that our revenue estimates
reflect “staffing revenue” while last year’s revenue
estimates reflected “staffing and talent engagement
revenue.” As a result of the differences in scope, revenue
estimates in this year’s report are not comparable with last
year’s estimates. As an example, revenue estimates in this
year’s report may be lower than revenue figures in last
year’s list because talent engagement revenue is not
included, even while staffing revenue may have increased in
2014 versus 2013.
Noteworthy items excluded:
• Any business in which a company/contingent worker is
paid a flat fee to complete a project, and the fee is not
based on hours or days worked or number of workers. In
other words, we exclude Statement-of-Work (SOW) and
other “solutions” business.
• Any outsourcing arrangement in which the company is
paid on an hourly basis but the assignment is indefinite.
Confidential Report – NOT for Distribution | ©2015 by Crain Communications Inc. All rights reserved.
3
2015 Largest Staffing Firms in the United States | July 9, 2015
Data sources and observations regarding the largest staffing firms in the U.S.
Data sources
• While all revenue estimates in this report are made by Staffing Industry Analysts, it may be helpful to the reader to
understand some additional detail on the information sources and process we used to form our estimates. Roughly three
fourths of the 122 companies reported their 2014 staffing revenue amount to us by one of the following ways: completing
our survey form (a majority of the firms), through public financial reports, or by confirming to us that our revenue estimate
was reasonably accurate. Revenue amounts provided to us (including on survey forms) were checked for consistency with
other sources of information before becoming the basis of our estimates. The remaining one fourth of companies declined
to share their revenue information (often as a matter of policy), however each company received our revenue estimate—
that we produced based on publicly available information—in advance of this report’s publication and had the opportunity
to provide us with feedback, as an additional check on the reasonableness of our estimate.
Observations
• Seventeen firms each generated more than $1 billion in U.S. staffing revenue in 2014. Taken together, these 17 firms
accounted for $45.1 billion, or 36.4% of the market.
• 64 firms (or roughly half of the firms in this report) generated between $100 million and $200 million in staffing revenue.
Taken together, these 64 firms generated $9.3 billion, or 7.5% of the market.
• Regarding the skill segment in which each firm generated the largest portion of their temporary staffing revenue, the
industrial skill segment was the most common among firms on the list (38 firms), followed by IT (35 firms), and engineering
(10 firms). Given their significant market sizes, it is notable that the office/clerical and finance/accounting skill segments
were the largest revenue segment for a relatively small number of firms: 6 firms and 2 firms, respectively. None of the 122
firms had the legal skill segment as their first or second largest revenue segment.
• Thirteen firms appear on this year’s report that did not appear in last year’s report. The firms are (in alphabetical order):
Aya Healthcare, BHI Energy|Staffing Solutions, Cornerstone Staffing Solutions, Creative Circle, Favorite Healthcare Staffing,
Medix, Mindlance, Paramount Staffing, Penmac Staffing Services, Source4Teachers, Talascend, The Reserves Network, and
Willis Group.
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4
2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Ranked by estimated 2014 U.S. staffing revenue
Rank
Company
2014 U.S. Staffing
Revenue ($million)
Market
Share
Largest segment(s)
1
Allegis Group
8,287
6.7%
IT, Industrial
2
Adecco
4,500
3.6%
Industrial, Office/clerical
3
Randstad Holding
4,405
3.5%
Industrial, Office/clerical
4
ManpowerGroup
3,816
3.1%
Industrial, IT
5
Kelly Services
3,288
2.6%
Industrial, Office/clerical
6
Robert Half International
3,114
2.5%
Finance/accounting, Office/clerical
7
Express Employment Professionals
2,714
2.2%
Industrial, Office/clerical
8
TrueBlue 1
2,300
1.9%
Industrial
9
Select (New Koosharem Corporation) 2
2,053
1.7%
Industrial, Office/clerical
Recruit 3
1,950
1.6%
Industrial, Office/clerical
1,758
1.4%
IT, Clinical/scientific
10
4
11
On Assignment
12
Volt Information Sciences
1,370
1.1%
IT, Engineering
13
Kforce
1,274
1.0%
IT, Finance/accounting
14
Insight Global
1,221
1.0%
IT
15
AMN Healthcare Services
1,036
0.8%
Travel nurse, Locum tenens
16
Act-1 Group
1,035
0.8%
Office/clerical, IT
1,027
0.8%
Industrial
5
17
EmployBridge
18
CHG Healthcare Services
936
0.8%
Locum tenens, Travel nurse
19
Elwood Staffing
890
0.7%
Industrial, Office/clerical
20
CDI Corporation6
782
0.6%
Engineering, IT
1. Includes revenue from acquisition of Seaton Corporation (2Q14)
2. Does not include revenue from EmployBridge, acquired 1Q15
3. Does not include revenue from Atterro Human Capital Group, acquired 2Q15
4. Includes revenue from physician staffing division, sold to Envision Healthcare in 1Q15. Does not include revenue from acquisition of Creative Circle (2Q15).
5. Acquired by Select (New Koosharem Corporation) in 1Q15
6. Includes $276 million of direct hire revenue from Management Recruiters International (MRI) franchises
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5
2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Ranked by estimated 2014 U.S. staffing revenue
Rank
Company
2014 U.S. Staffing
Revenue ($million)
Market
Share
Largest segment(s)
21
Cross Country Healthcare 7
716
0.6%
Travel nurse, Per diem nurse
22
Jackson Healthcare
554
0.4%
Locum tenens, Allied healthcare
23
ACS Group (American CyberSystems)
509
0.4%
IT, Engineering
23
System One
509
0.4%
Engineering, Clinical/scientific
25
Collabera
454
0.4%
IT
26
Nesco Resource
451
0.4%
Industrial, Engineering
27
Yoh
439
0.4%
IT, Engineering
28
RGP (Resources Connection)
400
0.3%
Finance/accounting, IT
29
Belcan8
388
0.3%
Engineering, Industrial
30
Integrity Staffing Solutions
387
0.3%
Industrial, Finance/accounting
31
Rose International
370
0.3%
IT, Office/clerical
32
PDS Tech
342
0.3%
Engineering, Industrial
33
Maxim Healthcare Services
341
0.3%
Per diem nurse, Travel nurse
34
Artech Information Systems
331
0.3%
IT
35
The Judge Group
323
0.3%
IT, Allied healthcare
36
Superior Group
311
0.3%
Engineering, IT
37
Digital Intelligence Systems (DISYS)
299
0.2%
IT, Finance/accounting
38
Peoplelink Staffing (Groupe CRIT)
296
0.2%
Industrial, IT
39
Labor Finders
291
0.2%
Industrial
40
Korn/Ferry International
290
0.2%
Retained search
41
CoWorx Staffing Services
285
0.2%
Industrial, Office/clerical
41
Roth Staffing Companies
285
0.2%
Office/clerical, Industrial
7. Includes revenue from acquisition of Medical Staffing Network (2Q14)
8. Engineering, clinical/scientific, and IT staffing divisions sold to AE Industrial Partners, while industrial staffing unit operates as independent company
BelFlex, according to 2Q15 agreement. Estimate includes revenue for divisions being divested.
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6
2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Ranked by estimated 2014 U.S. staffing revenue
Rank
Company
2014 U.S. Staffing
Revenue ($million)
Market
Share
Largest segment(s)
43
MAU Workforce Solutions
277
0.2%
Industrial
44
Beacon Hill Staffing Group
276
0.2%
IT, Legal
45
Acro Service Corporation
261
0.2%
IT, Engineering
46
Parallon Workforce Management Solutions (HCA)
258
0.2%
Per diem nurse, Travel nurse
47
Snelling Staffing Services
250
0.2%
Industrial, Office/clerical
48
The Onin Group
248
0.2%
Industrial
49
Heidrick & Struggles International
245
0.2%
Retained search
50
C&A Industries
242
0.2%
Allied healthcare, Travel nurse
51
Signature Consultants
232
0.2%
IT
52
Creative Circle
9
225
0.2%
Marketing/creative
53
Addison Group
222
0.2%
IT, Finance/accounting
54
Veritude
220
0.2%
IT, Other professional
55
Atterro Human Capital Group10
218
0.2%
Industrial, Office/clerical
55
Supplemental Health Care
218
0.2%
Allied healthcare, Travel nurse
57
Trillium Staffing
217
0.2%
Industrial, Office/clerical
58
Strategic Staffing Solutions
211
0.2%
IT
59
Global Employment Solutions
200
0.2%
IT, Other professional
59
Spencer Stuart
200
0.2%
Retained search
59
Swift Worldwide Resources
200
0.2%
Engineering
62
BHI Energy|Staffing Solutions
198
0.2%
Engineering, Industrial
63
CTG (Computer Task Group)
195
0.2%
IT
64
Johnson Service Group
193
0.2%
Engineering, Industrial
9. Acquired by On Assignment in 2Q15
10. Acquired by Recruit (Advantage Resourcing) in 2Q15
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7
2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Ranked by estimated 2014 U.S. staffing revenue
Rank
Company
2014 U.S. Staffing
Revenue ($million)
Market
Share
Largest segment(s)
65
Pinnacle Technical Resources
192
0.2%
IT, Office/clerical
66
Automation Personnel Services
180
0.1%
Industrial
67
Egon Zehnder
175
0.1%
Retained search
67
Russell Reynolds Associates
175
0.1%
Retained search
67
TRC Staffing Services
175
0.1%
Industrial, Office/clerical
70
Genesis10
174
0.1%
IT
71
BG Staffing
173
0.1%
Industrial, IT
71
Eliassen Group
173
0.1%
IT
71
PESG (Professional Educational Services Group)
173
0.1%
Education
74
Mitchell Martin
171
0.1%
IT, Allied healthcare
75
TransForce
170
0.1%
Industrial
76
PrideStaff
169
0.1%
Office/clerical, Industrial
76
Pyramid Consulting
169
0.1%
IT
78
QPS Employment Group
168
0.1%
Industrial
79
Solomon Page Group
167
0.1%
Clinical/scientific, Finance/accounting
80
Barrett Business Services
166
0.1%
Industrial, Office/clerical
81
@WORK GROUP
165
0.1%
Industrial, Office/clerical
82
Matrix Resources
164
0.1%
IT
83
Nelson Family of Companies
163
0.1%
Office/clerical, Industrial
84
Aquent
160
0.1%
Marketing/creative
85
TekPartners/MedPartners
153
0.1%
Allied healthcare, IT
86
VisionIT
152
0.1%
IT
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2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Ranked by estimated 2014 U.S. staffing revenue
Rank
Company
2014 U.S. Staffing
Revenue ($million)
Market
Share
Largest segment(s)
87
inVentiv Health
150
0.1%
Clinical/scientific
87
Open Systems Technologies
150
0.1%
IT
89
Trustaff
147
0.1%
Travel nurse, Allied healthcare
90
CorTech
145
0.1%
Industrial, IT
90
The Bartech Group
145
0.1%
Office/clerical, Engineering
92
Eastridge Workforce Solutions
139
0.1%
Industrial, Office/clerical
137
0.1%
Per diem nurse, Travel nurse
11
93
Accountable Healthcare Staffing
94
Medical Solutions
133
0.1%
Travel nurse
95
Kimco Staffing Services
130
0.1%
Industrial, Office/clerical
95
The Sedona Group
130
0.1%
Industrial, Office/clerical
97
ettain group
129
0.1%
IT
128
0.1%
Travel nurse
125
0.1%
Travel nurse
100 Princeton Information
123
0.1%
IT
101 ICONMA
122
0.1%
IT, Other Professional
102 CORESTAFF (Impellam Group)
121
0.1%
Industrial, Office/clerical
103 Effex Management Solutions
120
0.1%
Industrial
103 Malone Workforce Solutions (Management Registry)
120
0.1%
Industrial
103 SNI Companies
120
0.1%
Office/clerical, Finance/accounting
103 The Reserves Network
120
0.1%
Industrial, Engineering
107 InGenesis
118
0.1%
Per diem nurse, Locum tenens
108 Mastech Holdings
114
0.1%
IT
98
Healthcare Staffing Services
99
Aya Healthcare
12
11. Includes revenue from multiple acquisitions in 2014
12. Does business as Fastaff and U.S. Nursing
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2015 Largest Staffing Firms in the United States | July 9, 2015
2015 Largest Staffing Firms in the United States
Ranked by estimated 2014 U.S. staffing revenue
2014 U.S. Staffing
Revenue ($million)
Market
Share
108 TRS Staffing Solutions
114
0.1%
Engineering, Office/clerical
110 Penmac Staffing Services
111
0.1%
Industrial, Office/clerical
111 DOCS Global (ICON plc)
110
0.1%
Clinical/scientific
111 Headway Workforce Solutions
110
0.1%
Clinical/scientific, Office/clerical
113 Tekmark Global Solutions
109
0.1%
IT
114 Paramount Staffing
106
0.1%
Industrial
114 Talascend
106
0.1%
Engineering, Industrial
116 Medix
105
0.1%
Allied healthcare, IT
117 Mindlance
103
0.1%
IT, Clinical/scientific
118 24 Seven
102
0.1%
Marketing/creative
118 Favorite Healthcare Staffing
102
0.1%
Per diem nurse, Travel nurse
120 Cornerstone Staffing Solutions
100
0.1%
Industrial, Office/clerical
120 Source4Teachers
100
0.1%
Education
120 Willis Group
100
0.1%
IT, Finance/accounting
69,404
55.9%
Rank
Company
Total
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Largest segment(s)
10
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 and acquired by Crain Communications Inc. in 2008, the company is
headquartered in Mountain View, California, with offices in London, England.
Independent Advisory
We provide practical, actionable, forward-thinking advice to help our clients develop their business and
consistently treat them with the utmost respect, honesty and care. In our role as advisors we maintain
strict confidentiality. We deliver research and editorial judgments that are completely objective and
independent of financial considerations.
For more information: www.staffingindustry.com
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