Tools commonly used in the Employment Service-Employee Leasing industry for day-to-day tasks and operations.

• HR management software
• Payroll processing software
• Time and attendance tracking software
• Benefits administration software
• Applicant tracking system
• Performance management software
• Compliance tracking software
• Employee self-service portal
• Onboarding software
• Background check software

Common products and services typical of NAICS Code 561330-01, illustrating the main business activities and contributions to the market.

• Employee leasing services
• HR outsourcing
• Payroll services
• Benefits administration
• Workers' compensation insurance
• Risk management services
• Compliance consulting
• Talent acquisition services
• Onboarding services
• HR consulting

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Certified Contingent Workforce Professional (CCWP): This certification is provided by the Staffing Industry Analysts (SIA) and is designed for professionals in the staffing and recruiting industry. It covers topics such as employment law, risk management, and workforce planning. []
• Certified Staffing Professional (CSP): This certification is also provided by the SIA and is designed for staffing professionals who work in sales, recruiting, and management. It covers topics such as employment law, sales and recruiting techniques, and risk management. []
• Professional In Human Resources (PHR): This certification is provided by the HR Certification Institute and is designed for HR professionals who work in a variety of industries. It covers topics such as employment law, employee relations, and compensation and benefits. []
• Society for Human Resource Management Certified Professional (SHRM-CP): This certification is provided by the Society for Human Resource Management and is designed for HR professionals who work in a variety of industries. It covers topics such as employment law, employee relations, and compensation and benefits. []
• Certified Payroll Professional (CPP): This certification is provided by the American Payroll Association and is designed for payroll professionals who work in a variety of industries. It covers topics such as payroll taxes, wage and hour laws, and payroll systems. []

A concise historical narrative of NAICS Code 561330-01 covering global milestones and recent developments within the United States.

• The "Employment Service-Employee Leasing" industry has a long history dating back to the early 1900s when companies began to outsource their human resources functions. In the 1940s, the industry saw significant growth due to the labor shortage caused by World War II. The first employee leasing company was established in the 1960s, and the industry continued to grow throughout the 1970s and 1980s. In recent years, the industry has seen a shift towards more specialized services, such as payroll and benefits administration, as well as increased competition from online job boards and recruiting platforms. In the United States, the "Employment Service-Employee Leasing" industry has experienced significant growth in recent years due to the rise of the gig economy and the increasing demand for flexible work arrangements. The industry has also benefited from the trend towards outsourcing non-core business functions, such as human resources and payroll. In 2019, the industry generated over $170 billion in revenue and employed over 3 million people. However, the industry has faced challenges in the form of increased regulation and scrutiny from government agencies, as well as competition from online job platforms and other staffing firms.

The anticipated future trajectory of the NAICS 561330-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The employment service-employee leasing industry in the USA is expected to grow in the coming years due to the increasing demand for temporary and contract workers. The industry is also expected to benefit from the growing trend of outsourcing non-core business functions to third-party providers. The rise of the gig economy and the increasing number of independent contractors are also expected to drive growth in the industry. However, the industry may face challenges due to the changing regulatory environment and the increasing competition from online staffing platforms. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Employment Service-Employee Leasing industry, reflecting notable innovations that have reshaped its landscape.

• Use Of Artificial Intelligence and Machine Learning to Match Job Seekers with Job Openings: Employment service-employee leasing companies are increasingly using AI and machine learning algorithms to match job seekers with job openings. This technology helps to improve the efficiency of the hiring process and ensures that the right candidates are matched with the right jobs.
• Integration Of Virtual Reality In Training Programs: Some employment service-employee leasing companies are using virtual reality technology to provide training to their employees. This technology allows employees to experience real-life scenarios in a safe and controlled environment, which can help to improve their skills and reduce the risk of accidents.
• Development Of Mobile Apps for Job Seekers: Many employment service-employee leasing companies have developed mobile apps that allow job seekers to search for job openings, apply for jobs, and receive notifications about new job openings. These apps provide a convenient and user-friendly way for job seekers to find employment.
• Expansion Of Services to Include HR Consulting: Some employment service-employee leasing companies are expanding their services to include HR consulting. This allows them to provide a wider range of services to their clients and helps to differentiate them from their competitors.
• Use Of Blockchain Technology for Background Checks: Some employment service-employee leasing companies are using blockchain technology to conduct background checks on job candidates. This technology provides a secure and transparent way to verify a candidate's credentials and work history.