Temporary employment agency activities
NACE v2.0 Code: N78.20
About temporary employment agency activities
NACE code 78.20 covers the activities of temporary employment agencies, which play a crucial role in the modern labor market. These agencies provide businesses with flexible access to workers, allowing them to quickly adapt to fluctuations in demand and project-based needs. By outsourcing their staffing requirements, companies can optimize their workforce and focus on their core competencies. The temporary employment industry is a significant contributor to the broader economy, facilitating efficient labor allocation and supporting workforce mobility.
Production process
The key production technique for temporary employment agencies is the recruitment, screening, and placement of workers. Agencies maintain databases of available candidates, assess their skills and qualifications, and match them with suitable job opportunities. They often provide training and support to ensure a smooth transition for temporary workers. The agencies also handle the administrative tasks, such as payroll, benefits, and compliance, on behalf of their client companies.
Production inputs
The primary inputs for temporary employment agencies are the human resources they recruit and manage. Agencies invest in building a diverse pool of candidates with a wide range of skills and experience. They also require access to job listings and information about the labor market, as well as administrative systems and infrastructure to support their operations.
Production outputs
The main output of temporary employment agencies is the provision of skilled and reliable workers to client companies. These workers can be deployed across a variety of 82.30 Service activities related to employment and 78.10 Activities of employment placement agencies sectors, supporting a wide range of economic activities. The agencies' services help businesses maintain flexibility, reduce overhead, and access specialized talent as needed.
Revisions to 78.20
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 78.20. The most recent 2 versions of this code (78.20) is in the NACE v2.1 system:
This page shows a legacy version of code 78.20 ( NACE v2.0).
Newer versions
- NACE v2.1 (Latest revision):
Related ISIC Codes
These isic codes are related to this econ code: (78.20).
ISIC code | ISIC Version | ISIC title |
---|---|---|
7820 | ISIC v4.0 | Temporary employment agency activities |
Related CPC Codes
These CPC codes are related to this econ code: (78.20).
CPC code | CPC Version | CPC title |
---|---|---|
85122 | CPC v2.1 | Temporary staffing services |
85124 | CPC v2.1 | Temporary staffing-to-permanent placement services |
Family tree for temporary employment agency activities
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