29. May 2022 at 10:09

Largest HR companies (results 2022 based numbers from 2021)

Five criteria were used to evaluate which agencies were the largest.

(source: AdobreStock)
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More information about the Slovak labour market

Please see our Career & Employment Guide.

The ranking of HR companies in Slovakia is topped by the company ManpowerGroup, which is strong in the field of recruiting as well as personnel leasing. In this article you can find basic information about HR companies; however, a separate ranking for employment agencies and executive search firms is also available.

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10 LARGEST HR COMPANIES IN SLOVAKIA 2022

  1. ManpowerGroup

  2. INDEX NOSLUŠ

  3. Manuvia

  4. ADECCO Slovakia

  5. Lugera & Maklér

  6. PROPLUSCO

  7. Grafton

  8. TRANSFER

  9. EUROPERSONAL & FABRIKA

  10. Maxin’s Group

INDEX NOSLUŠ had the most permanent employees in 2021 and based on data provided by FinStat, had the highest average net profit in the past three years (2018-2020). Manuvia had the highest average sales revenues over the same period, but it made the largest loss among all analysed entities.

This ranking does not include executive search firms because they use different methods for placements.

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How successful were HR companies in 2018-2020

Ranking: Revenues

  1. Manuvia

  2. INDEX NOSLUŠ

  3. ManpowerGroup

  4. ADECCO Slovakia

  5. Grafton

Ranking: Profits

  1. INDEX NOSLUŠ

  2. ManpowerGroup

  3. EUROPERSONAL & FABRIKA

  4. TRANSFER

  5. PROPLUSCO

The ten largest recruitment agencies filled 4,980 positions for companies in 2021. Compared to 2020, this is a 38-percent growth. ManpowerGroup reported the highest number (2,062 placements, most of which were allocated for industry, trade and IT). Lugera & Maklér as well as ADECCO Slovakia had the highest number in the white-collar category (each of these companies filled 459 positions).

In 2021, the ten largest temporary employment agencies leased 23,403 employees with a 1-percent growth compared to 2020. INDEX NOSLUŠ, which leased 5,593 people, was number one.

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“Thanks to detailed information on the labour market that we have been bringing in our annual Career and Employment Guide for 23 years now, we became an important source of information for HR managers in Slovakia,” said Ján Pallo, publisher of The Slovak Spectator.

The ranking was created thanks to the cooperation between The Slovak Spectator and the company FinStat. Five criteria were used to evaluate which agencies were the largest.

How many employees worked in HR companies?

Ranking: Average number of permanent employees in 2021

  1. INDEX NOSLUŠ (132 empl.)

  2. Manuvia (94 empl.)

  3. ManpowerGroup (78 empl.)

  4. ADECCO Slovakia (72 empl.)

  5. PROPLUSCO (70 empl.)

  6. Lugera & Maklér (60 empl.)

  7. Grafton (49 empl.)

  8. TRANSFER (47 empl.)

  9. Jenewein Group (45 empl.)

  10. Maxin’s Group (34 empl.)

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The ranking does not include employment agencies for direct searches of experts or managers (executive search firms) because they use different methods for placements.

When creating the ranking, the following factors of varying weights were considered:

  1. the average number of permanent employees in 2021 - leased employees not included (45% weight)

  2. the total number of placements in 2021 (leased positions not included) while white collars have a value double that of blue collars (27% weight)

  3. number of leased employees in 2021 - only permanent employees (10% weight)

  4. average sales revenue between the years 2018-2020 (13% weight)

  5. average net profit between the years 2018-2020 (5% weight).

More details can be found in the Career and Employment Guide 2022 yearbook published by The Slovak Spectator. It contains the results of the analysis and complete rankings, as well as other interesting information about the labour market.

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