As the economy recovers, corporate profit will return to normal growth patterns, encouraging companies to outsource human resources and benefits administration services. Employment levels will also rise, bringing more employees into the workforce and requiring employee-related services. Players will continue to target small businesses that seek to focus on their core competencies and outsource administrative services.
This industry provides a range of day-to-day office administrative services to clients, such as assistance with financial planning, billing and record keeping, personnel, physical distribution and logistics. This industry also furnishes general or specialized management services on a day-to-day basis and on a contracted or fee-for-services basis. These businesses do not provide any actual operating staff to clients to carry out management or operational activities.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.