The HR Consulting industry in Canada is largely cyclical as it relies on growth in the number of employees and businesses in Canada. Despite the economy's slow recovery and growth, the HR Consulting industry has continued to grow due to an increase in the number of businesses along with declining unemployment rates early on in the five-year period. Over the five years to 2022, the industry is expected to become increasingly stable as a rising number of businesses and increasing corporate profitability create a platform for industry growth.
This industry provides advice and assistance to businesses and other organizations for structuring human resource and personnel policies, employee benefits, compensation systems, wage and salary administration, recruitment and retention. This industry does not include companies that provide professional and management development training or those that list employment vacancies and place applicants in employment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.