ManpowerGroup Inc

XMUN:MPW

Business Description

Sector

Industrials

Industry

Professional Services

Headquarters

United States of America US

Employees

25 400

IPO date

May 3, 1988

ManpowerGroup is a staffing and workforce services company. It helps employers find, hire, and manage workers through temporary staffing, permanent placement, recruitment process outsourcing, and workforce management services. Its main customers are businesses and public-sector employers that need office, industrial, technical, and professional talent, as well as job seekers looking for work.

The company makes money mainly by placing workers with clients and charging a fee or adding a markup to the wages it pays those workers. It also earns service fees from running hiring programs, managing large recruiting projects, and handling parts of a client’s staffing process. In simple terms, it sits between employers and workers and gets paid for making hiring faster and easier.

What makes ManpowerGroup different is that it is not an end employer in the usual sense. It is a labor-market middleman that helps companies flex their workforces up and down, fill hard-to-hire roles, and outsource recruiting tasks. That role gives it a steady place in the hiring process even when companies are not expanding their permanent headcount.