Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, released its 2018 report on the Largest Staffing Firms in Ireland. The report features the top 20 staffing and recruitment firms in Ireland ranked by their 2016 revenue.

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 five largest staffing firms are:

“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.