Human Resources & Benefits Administration in the US
The Human Resources and Benefits Administration industry provides a wide range of everyday office administrative services to businesses in the United States. Operators offer assistance with financial planning, billing and record keeping, personnel, physical distribution and logistics. The industry also provides general and specialized management services on a day-to-day or contracted basis. Over the past five years, the industry has performed well as rebounding business sentiment, rising consumer spending and improvement in overall economic conditions have encouraged companies to outsource administrative duties. Additionally, the rising number of businesses has expanded the potential client base for operators. The industry is expected to continue performing well over the five years to 2023, although a slightly rising unemployment rate will lead to slightly lower industry growth.
This industry provides clients with a range of day-to-day office administrative services, such as assistance with financial planning, billing and record keeping, personnel, physical distribution and logistics. The industry also furnishes general and specialized management services on a day-to-day basis and a contracted or fee-for-services basis. Industry businesses do not provide clients with any actual operating staff to carry out management or operational activities.
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.