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Payroll and Other Office Administrative Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Payroll and Other Office Administrative Services Market Research Report | ANZSIC N7291 | Apr 2014

Back office boom: The trend towards office outsourcing drives industry growth

IBISWorld’s Payroll and Other Office Administrative Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
4.5%
Annual Growth 14-19
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Profit
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Employment
26,347
Businesses
11,333
Industry Analysis & Industry Trends

The Payroll and Other Office Administrative Services industry has benefited from the private sector trend towards outsourcing business services over the past five years. The industry generates the bulk of its revenue from the payroll processing and billing segments, which have been the primary beneficiaries of the outsourcing boom. However, the sluggish general economy has contained the industry's performance since the late 2000s.

The industry relies heavily on business confidence and spending, as these influence an organisation's choice to outsource non-core activities to specialist service providers. The global financial crisis contributed to a decline in demand for industry services... purchase to read more

Industry Report - Industry Analysis Chapter

The Payroll and Other Office Administrative Services industry offers a wide range of business services that have performed with varying degrees of success over the past five years. As the industry's major revenue contributors, payroll and billing services have benefited from the growing trend towards outsourcing. Outsourcing has gained popularity as companies have pursued efficiencies by concentrating on their core operations and passing their back office activities onto external service providers. Due to the growth in technology, companies are able to easily track and access these outsourced services through online and cloud computing systems... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Payroll and Other Office Administrative Services Industry?

This industry includes companies that provide a range of everyday office administrative services such as clerical, billing and record-keeping, and payroll services on a contract or fee basis. These companies support the operation of a business but do not provide staff to carry out the complete operations of an organisation.

Industry Products
Billing and record keepingBusiness administration Clerical services Payroll processingReception servicesOther administrative services
 
Industry Activities
Billing and record-keeping servicesPayroll processing servicesClerical servicesReception servicesBusiness administrative servicesOther office administrative services


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