Employment Placement Agencies in Michigan
Revenue benchmarks for employment placement agencies businesses operating in Michigan.
#12 of 50 states+11.1% vs national avg
Average Revenue
$2.7M
per year
Businesses
148
in Michigan
Revenue / Employee
$51K
per year
Labor Cost
70.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.5
firms per 100K in MI
Total Revenue
$397.7M
all firms in MI
Total Employees
7,843
in MI
How Michigan Compares
National Average$2.4M
Michigan$2.7M
Difference+$268K (+11.1%)