![]() work with almost 350+ clients all over India wherein we provide flexible workforce solutions. Revenue figures can fluctuate as a result of using different currencies. It follows that around 16% of the revenue growth is thanks to the top five largest agencies. Based upon the projection of 6% growth, this would mean total revenue of 440 billion euro in 2014. The bear market in the staffing industry is clearly visible: the total revenue of the top 20 increased by 6% in 2014, where a year earlier growth remained pretty much flat.įigures released by CIETT show that the staffing industry in 2013 generated revenues of 415 billion Euro. Thereby the positions have slowly but surely been changing: in 2012 67% of total turnover was generated by the top 5, in 2014 this was but 65%. In recent years the top 20 has enjoyed stronger growth than the top 5. The Netherlands and Switzerland, both relatively small countries, offer a considerable slice of the staffing pie: mainly thanks to Randstad (Netherlands) and Adecco (Switzerland), they each have an 18% slice. Just like the year previous the US is far out ahead in terms of the revenue from its 10 home agencies in the top 20, accounting for 46% of total revenue. Besides Volt, Hays is the only agency to see a decrease: down 0.5% and staying just ahead of Kelly Services to stay in the top five. ![]() Other big performers include TrueBlue (30.35%) and ADP (15.1%). ![]() As expected, in term of growth and decline, Volt Workforce Solutions (-15.2%) and Temp Holdings (39.9%) were respectively the biggest losers and winners in the past year. Manpower managed to take second spot from the Dutch agency, due to a favourable exchange rate for the dollar*. Randstad, while handing in its number two spot, saw its revenue grow by 4.1%. And the consequent decline in revenue reflecting a new direction in which less profitable customers are jettisoned, which while resulting in lower revenues, has seen the operating profit of the company increase. With as explanation for the steep decline, the loss of a number of large clients. The US Volt Workforce Solutions swapped with Temp Holdings, having declined from 13 to 20. This growth is in large part thanks to the takeover of, among others, CareerRise and Panasonic Excell Staff. Japanese Temp Holdings is the biggest climber in the top 20, moving from position 20 to 13. ![]() Allegis and Hays Group complete the top 5. Together their total revenue is equivalent to the total of the following 17 agencies in the top 20. The three largest staffing firms in the world (Adecco, Manpower, Randstad) are well entrenched at the top. The top 20 has seen a few changes in position, yet continues to be held by the same 20 agencies as the year previous. Finds research by which compared the end of year revenue figures of the largest staffing players in the world. Adecco has for a few years now been allowed to call itself the largest staffing firm in the world, while Manpower this year took the number two position from Randstad.
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