Payroll Services – Industry Research, Analysis, Statistics, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Payroll & Bookkeeping Services (view report)
Benefit Administration Services (view report)
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Publications available from this trade association include:
https://www.americanpayroll.org / digital-issues
Monthly trade journal provides news and information for APA members, with topics covered in recent issues of this publication including virtual workforce management, disaster preparedness, HR trends, on-demand pay, systems security and data privacy, navigating mergers and acquisitions, preventing fraud, and year-end challenges and best practices. Current and prior issues are available free online.
Survey of Salaries and the Payroll Profession
Biennial publication provides a comprehensive overview of the profession, with topics covered in the report including average current and starting staff salaries, staff composition, education, and training, methods used to input data, processing frequency, delivery methods, department recordkeeping and processing functions, in-house processing systems and software, and outsourced services providers.
Delloite Global Benchmarking Survey Report
Global benchmarking survey provides an in-depth multi-level look at trends shaping the payroll of the future, with topics covered by the survey including demographics, operations, outsourcing, accuracy, efficiency, and metrics, service delivery, next-gen technology, and employee experience, and survey results reported by industry, region, and employee population size. Report can be viewed free online.
Global Payroll Magazine
https://www.gpminstitute.com/ Select issues from "Publications" drop-down menu
Monthly journal provides news and feature articles focused on helping payroll professionals manage the challenges of operating on an increasingly global scale, with features in each issue including the "Country Spotlight" which focuses on a different country each month and the "Professional Spotlight" which features insights from leading professionals. Current and prior issues are available free online.
Comprehensive report provides an in-depth analysis of the global market for this service sector, with topics addressed in this report including changing market dynamics, customer requirements, market size and growth, vendor market shares, service offerings and targeting, service delivery, and vendor challenges and success factors. Key findings and highlights from the report are available free online.
Payroll Outsourcing Services
Market research report provides a detailed analysis of this sector on a global and regional basis, with information provided in the report including market size and forecast by application (e.g., mid-market, national, international), product (e.g., hybrid, fully-outsourced), and region (e.g., Asia-Pacific, Europe, North America, South America, Middle East-Africa). Detailed table of contents is available free online.
BizMiner Market Analysis Reports
https://www.bizminer.com Search for "541214" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
Payroll & Bookkeeping Services
Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.
Survey of Salaries and the Payroll Profession
Biennial survey provides average current and starting base salaries for seventeen job positions, with salary data reported by job position for all respondents and for respondents with CPP certification for each of the following categories: practitioner/administrator, management, technical/professional staff, and systems/information technology. Survey is available for download free online by APA members.
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, account manager, implementation manager, implementation supervisor, tax specialist, payroll specialist, and customer service representative, with employers for which salary or hourly wage rate data is provided including Automatic Data Processing, Inc. (ADP) and Paychex, Inc.
Private Company Sales Transaction Databases
Management Consulting Services
Medical Billing and Coding Services
Tax Preparation Services
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