The largest staffing firm based on revenue was Irish headquartered CPL, which dominates the market with over three times the market share of its closest rival, specialist provider CAE Parc. Morgan McKinley, which is known for its expertise in financial markets was in third place. The 18 largest firms accounted for 51% of the market, which means that Ireland is more consolidated than Germany, the Netherlands and the UK. Overall there were 647 licences issued by Workplace Relations.
The 5 largest staffing firms are:
|
Company
|
2016 Revenue (€ millions)
|
Headquarters Country
|
|
CPL
|
400
|
Ireland
|
|
CAE Parc Aviation
|
124
|
Canada
|
|
Morgan McKinley
|
n/a
|
Ireland
|
|
Hays Specialist Recruitment
|
97
|
United Kingdom
|
|
Crewlink Ireland
|
83
|
Ireland
|
“The largest five firms in Ireland have a much smaller share of the market, than comparable companies in Belgium, France, Italy or the Netherlands; only Germany comes close with a 24% cumulative market share,” said Adam Pode, Director of Research at SIA.
According to SIA, the Irish staffing market was worth €2.2 billion (USD $2.9bn) in 2016 and increased by 9% compared with 2015, with the Industrial Sector, Office/Clerical and Finance & Accounting making up 62% of the temporary staffing market.
“The vast majority of the Top 20 firms are headquartered in Ireland or the UK (16). The remaining firms have owners in Canada, the Netherland, Switzerland and the United States,” said Pode. “The five fastest-growing firms show annual growth rates of between 70% and 20%.”
The full Largest Staffing Firms in Ireland report is available for SIA’s Corporate and CWS Council Members with EMEA access.
