Revenue of select staffing / temporary employment companies worldwide 2018

In 2018, Randstad overtook The Addeco Group in terms of revenue and was the largest global staffing firm, with 25.8 billion U.S. dollars.

Staffing/ temporary employment companies - additional information

Employment or recruitment agencies find candidates for client companies looking for part time or full time staff. Depending what the client company requires, the candidates are hired as either full employees of the client, or work on a temporary sub-contract basis in which they remain an employee of the agency. Staffing and recruiting industry sales in the U.S. reached 167 billion U.S. dollars in 2018. This was a recovery in sales for the staffing industry after the 2009 global recession, when sales dropped around 31 billion U.S. dollars to 80 billion U.S. dollars from the previous year.

The second largest staffing agency worldwide was Adecco in 2018, which generated 25.1 billion U.S. dollars in revenue. Adecco is based in Switzerland and was founded in 1996. The firm has four main service lines – temporary staffing, permanent staffing, career transition service and outsourcing and talent development services. Adecco’s largest service line was temporary staffing in 2018, accounting for 87 percent of the firm’s total revenue. The remaining three service lines all made between one and ten percent.

ManpowerGroup ranked as the third largest staffing agency worldwide. The U.S. based firm conducts its business throughout the world, with operations in Southern and Northern Europe, the Americas, Asia-Pacific and the Middle East. Between 2006 and 2018, Manpower generated its highest annual revenue in 2011 at 22.01 billion U.S. dollars. Since 2012, the company has made around 20 billion U.S. dollars year-on-year. Despite minimal growth in revenue, in recent years the income of Manpower has increased from 197.6 million U.S. dollars in 2012 to 3.7 million 556.7 million U.S. dollars in 2018.

Revenue of select staffing / temporary employment companies worldwide in 2018

Revenue in billion U.S. dollars
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Source

Release date

November 2019

Region

Worldwide

Survey time period

2018

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