Human Resources Consulting Services
Key Figures
Figures are published for NAICS 541612 directly.
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Official definition
This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; and (4) wage and salary administration.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Illustrative examples
- Benefit or compensation consulting services
- Employee assessment consulting services
- Personnel management consulting services
- Human resources consulting services
Which code does this activity belong in?
Human Resources Consulting Services covers establishments whose primary focus is advising on human resource and personnel matters, including HR policies and practices, employee benefits planning and administration, compensation systems, and wage and salary administration. The boundary with Administrative Management and General Management Consulting Services is that the latter provides broader operating advice across multiple business functions or a full range of services, whereas Human Resources Consulting Services specializes specifically in workforce and compensation-related issues. Marketing Consulting Services and Process, Physical Distribution, and Logistics Consulting Services address different operational domains and do not overlap with the human resources focus of this industry.
Where this sits
Related classifications
Related guides
Consulting firm net profit margin averages 10.2% (IRS SOI, 2022). What drives it, how margins vary by firm size and model, and sector comparison.
Get verified consulting industry trends data from federal sources. US Management Consulting Employment: 1.4M+ (Bureau of Labor Statistics, 2024).