Randstad NV

AEX:RAND

Business Description

Sector

Industrials

Industry

Professional Services

Headquarters

Netherlands NL

Employees

38 000

IPO date

Jun 12, 1905

Randstad NV is one of the world’s largest staffing and talent services companies. It helps employers find temporary workers, permanent hires, and specialist talent, and it also supports job seekers with matching, screening, training, and career placement. Its main customers are companies that need flexible labor or recruitment help, ranging from small businesses to large corporations and public-sector employers.

The company makes money by charging fees for placing workers and by billing clients for staffing and workforce services. In temporary staffing, Randstad hires workers and places them at client companies, earning a spread between what the client pays and what the worker receives. In permanent recruitment and related services, it earns placement fees and service charges for sourcing, assessing, and managing candidates.

Randstad sits in the middle of the labor market, acting as a connector between employers that need people and workers looking for jobs. That role matters because many companies do not want to build large in-house hiring teams for every need, especially when demand changes quickly. Randstad’s business is built around local market knowledge, large candidate networks, and repeat relationships with employers that need a steady flow of flexible and permanent talent.