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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 | Feb 2015

Payrolling in it: Compliance requirements have boosted demand for industry services

IBISWorld’s Payroll and Other Office Administrative Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
6.1%
Annual Growth 15-20
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Profit
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Employment
24,634
Businesses
10,567
Industry Analysis & Industry Trends

The Payroll and Other Office Administrative Services industry has benefited from the private sector trend of 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. The industry relies heavily on the growth in underlying demand, which is affected by the number of businesses and the number of employees in the labour force, which both exhibit steady growth over the long term. Business confidence and business expenditure are also major drivers, as these influence an organisation's decision to outsource non-core activities to specialist service providers... purchase to read more

Industry Report - Industry Products Chapter

While the industry offers a diverse range of administrative services, payroll and billing services account for the largest shares of industry revenue. Specialist industry organisations are employed to perform specific tasks for clients. The workers performing these functions do not form a part of their clients' direct workforce.

Payroll processing

Payroll services are expected to account for 70.0% of industry revenue. This segment's share of industry revenue has increased over the past five years, as more companies have realised the economic savings and efficiencies available through outsourcing payroll functions... 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 also payroll services on a contract or fee basis. These companies support the operation of a business but do not provide staff to carry out all 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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