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SIA Announces Largest Staffing Firms in Germany

Mountain View, California & London, UK — August 7, 2019 — Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has released its 2019 report on the Largest Staffing Firms in Germany. The report features the top 50 staffing and recruitment firms in Germany ranked by their 2018 revenue.

Randstad, The Adecco Group and ManpowerGroup, the largest staffing firms in the world, are also the largest three staffing companies in Germany based on revenue. These companies’ combined income accounts for 18% of the entire market’s revenue and are followed by two companies headquartered in Germany – Persona Services and I.K. Hofmann. Together, these five firms account for 23% of the market, in terms of revenue. Overall the top 50 firms accounted for 48% of the market in 2018.

The 5 largest German staffing firms are:

Company 2018 Revenue
(€ millions)
Headquarters Location
Randstad 2,345 Netherlands
The Adecco Group 1,564 Switzerland
ManpowerGroup 925.6 USA
Persona Services 849.8 Germany
I.K. Hofmann 664.0 Germany

“We estimate that the revenue generated collectively by the top 50 firms increased by 2.1 % in 2018, while the whole German staffing market grew by 1.0%,” said Matt Norton, Senior Research Analyst at SIA. “Market growth decelerated significantly in 2018, recording its slowest annual rate since 2012. The slowdown of the Germany economy, especially in the second half of last year, coupled with the effect of regulatory changes, acted as a significant headwind to market growth.”

The full 2019 Largest Staffing Firms Germany report is available for SIA Corporate and CWS Council Members.

About Staffing Industry Analysts (SIA)

SIA is the Global Advisor on Staffing and Workforce Solutions
Elevating the Workforce Solutions Ecosystem
Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.

Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England.

Media Contact
Jennifer Arcuni, Communications Director, Staffing Industry Analysts
jarcuni@staffingindustry.com  |  +1 650-390-6171  |  www.staffingindustry.com

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