Industry Description
This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; and (4) wage and salary administration.
Illustrative Examples:
Benefit or compensation consulting services
Employee assessment consulting services
Personnel management consulting services
Human resources consulting services
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 541612 - Human Resources Consulting Services are:
- Benefit consulting services
- Actuarial consulting services (except insurance actuarial services)
- Compensation planning services
- Employee assessment consulting services
- Labor relations consulting services
- Human resource consulting services
- Personnel management consulting services
- Compensation consulting services
- Employee benefit consulting services
- Employee compensation consulting services
- Organization development consulting services
IBISWorld Industry Research Report
HR Consulting in the US (54161b)
Revenue 2025
$39.4bn
Growth 2025
1.17%
Key Trends
Small-scale operators amplify price-based competition, which has significantly subdued industry profit growth
Industry revenue decreased in 2020, a direct result of the coronavirus pandemic, while experiencing a recovery in 2021
Remote work capabilities will likely be a significant growth driver over the five years to 2027
Products and Services
Similar Industries
For some business types, there may be a similar industry to 541612 - Human Resources Consulting Services that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Listing employment vacancies and selecting, referring, and placing applicants in employment--are classified in U.S. Industry 561311, Employment Placement Agencies; and
IBISWorld industry research report
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NAICS Cross Reference
Providing executive search, recruitment, and placement services--are classified in U.S. Industry 561312, Executive Search Services.
IBISWorld industry research report
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NAICS Cross Reference
Providing professional and management development training--are classified in Industry 611430, Professional and Management Development Training;
IBISWorld industry research report
NAICS Hierarchy 541612 - Human Resources Consulting Services
NAICS Code 541612 - Human Resources Consulting Services sits in the 2-digit Human Resources Consulting Services sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 54
Sector Title: Professional, Scientific, and Technical Services
3 Digits 4 Digits 5 Digits 6 Digits
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5411 Legal Services
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54111 Offices of Lawyers
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54112 Offices of Notaries
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54119 Other Legal Services
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5412 Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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54121 Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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5413 Architectural, Engineering, and Related Services
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54131 Architectural Services
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54132 Landscape Architectural Services
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54133 Engineering Services
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54134 Drafting Services
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54135 Building Inspection Services
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54136 Geophysical Surveying and Mapping Services
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54137 Surveying and Mapping (except Geophysical) Services
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54138 Testing Laboratories
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5414 Specialized Design Services
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54141 Interior Design Services
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54142 Industrial Design Services
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54143 Graphic Design Services
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54149 Other Specialized Design Services
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5415 Computer Systems Design and Related Services
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54151 Computer Systems Design and Related Services
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5416 Management, Scientific, and Technical Consulting Services
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54161 Management Consulting Services
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54162 Environmental Consulting Services
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54169 Other Scientific and Technical Consulting Services
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5417 Scientific Research and Development Services
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54171 Research and Development in the Physical, Engineering, and Life Sciences
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54172 Research and Development in the Social Sciences and Humanities
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5418 Advertising, Public Relations, and Related Services
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54181 Advertising Agencies
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54182 Public Relations Agencies
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54183 Media Buying Agencies
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54184 Media Representatives
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54185 Outdoor Advertising
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54186 Direct Mail Advertising
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54187 Advertising Material Distribution Services
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54189 Other Services Related to Advertising
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5419 Other Professional, Scientific, and Technical Services
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54191 Marketing Research and Public Opinion Polling
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54192 Photographic Services
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54193 Translation and Interpretation Services
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54194 Veterinary Services
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54199 All Other Professional, Scientific, and Technical Services
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Similar Industries Niche and Emerging
IBISWorld provides research on hundreds of niche and emerging industries, including the following for 541612 - Human Resources Consulting Services.
- Expert Witness Consulting Services in the US OD4885
- Occupational Health & Workplace Safety Services in the US OD5319
NAICS Resources
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