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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 | Mar 2016

Paying respect: Technological advancements have boosted profit for industry players

The Payroll and Other Office Administrative Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
4.5%
Annual Growth 16-21
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Profit
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Employment
15,569
Businesses
10,729
Industry Analysis & Industry Trends

The Payroll and Other Office Administrative Services industry has benefited from higher demand for outsourced business services over the past five years. Demand has increased due to the perceived benefits of outsourcing ancillary or back office functions to specialist providers, which primarily involve reducing costs as it tends to be more expensive to perform these functions in-house. The industry comprises many small businesses that tend to service narrow regional markets. Larger players like ADP often service larger companies, but employ a small number of people due to software automation. The industry heavily relies on growth in downstream demand from markets such as financial and professional services firms... purchase to read more

Industry Report - Industry Analysis Chapter

The Payroll and Other Office Administrative Services industry has offered a range of business services that have largely expanded over the past five years. As the industry's major revenue sources, payroll and billing services have benefited from a growing trend towards outsourcing. Outsourcing has gained popularity as companies have pursued efficiencies by concentrating on core operations and passing back office activities on to external service providers. With ongoing changes in technology, companies can easily track and access outsourced services through online and cloud computing systems.

Demand for industry services is growing, despite volatile business confidence and tightened corporate budgets over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Payroll and Other Office Administrative Services Industry?

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

Industry Products
Billing and record keepingPayroll processingOther administrative services
 
Industry Activities
Billing and record-keeping servicesPayroll processing servicesClerical servicesReception servicesBusiness administrative servicesOther office administrative services


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