Mobile Menu

HR Consulting in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL54161bCA

HR Consulting in Newfoundland industry analysis

Revenue for the HR Consulting industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the HR Consulting in Newfoundland Market Research Report

What’s Included in the HR Consulting in Newfoundland Market Research Report

Definition of the HR Consulting in Newfoundland?

This industry provides advice and assistance to businesses and other organizations for structuring human resource and personnel policies, employee benefits, compensation systems, wage and salary administration, recruitment and retention. This industry does not include companies that provide professional and management development training or those that list employment vacancies and place applicants in employment.

What’s included in the HR Consulting in Newfoundland?

The HR Consulting in Newfoundland includes human resources management consulting, compensation and benefits consulting, actuarial consulting and strategic management consulting. Related terms covered in the HR Consulting in Newfoundland industry report includes the common acronym for human resources, the development of all labour-related issues, such as employment, employee assessment, compensation and improving labour relations and a person who analyzes the probability and cost to a company in the event of an employee disability, sickness, injury, death or loss of company property.

Industry Performance of the HR Consulting industry in Newfoundland

Benchmark the HR Consulting in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

HR Consulting in Newfoundland

#9 in Highest Revenue 0.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

HR Consulting in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the HR Consulting industry in Newfoundland

See how key industry drivers, such as private investment in non-residential construction, new business formation, gross domestic product, number of businesses, national unemployment rate and corporate profit are impacting HR Consulting in Newfoundland

Newfoundland Economic Indicators

Private Investment in Non-Residential Construction
New Business Formation
Gross Domestic Product

View more economic information in NL State Economic profile

Canada Key External Drivers

Number of businesses
National unemployment rate
Corporate profit

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the HR Consulting industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the HR Consulting in Newfoundland, such as St. John's and Corner Brook. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the HR Consulting industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the HR Consulting industry in Newfoundland in 2025?

The market size of the HR Consulting industry in Newfoundland is $24.9m in 2025.

How many businesses are there in the HR Consulting industry in Newfoundland in 2025?

There are 42 businesses in the HR Consulting industry in Newfoundland, which has been declining at an average annual rate of -2.2% from 2020 to 2025.

Has the HR Consulting industry in Newfoundland grown or declined over the past 5 years?

The market size of the HR Consulting industry in Newfoundland has been declining at an average annual rate of -4.2% from 2020 to 2025.

How many employees in the HR Consulting industry in Newfoundland in 2025?

There are 96 employees in the HR Consulting industry in Newfoundland, which has been declining at an average annual rate of -1.2% from 2020 to 2025.