What profit margin is a good one in the staffing industry?
An in-depth look into margin standards in the staffing industry
To the contrary of our neighbors south of the borders or larger staffing markets, the way Canada displays financial information rarely allows to benchmark one company with another; most staffing firms in Canada are in the private sector (aka do not require to publish public information), and for the very few that are actually public, corporate headquarters are very likely outside of Canada, with limited requirements to publish financial data based on the Canadian geography.
In this analysis, we will be shedding some light on the industry’s margins, and how they evolve through time.
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