Adecco Group AG provides human resource services, including flexible placement, permanent placement, career transition, outsourcing, consulting and other services, training, and up-skilling and re-skilling services.
Business Segments
The company operates through three segments: Adecco, Akkodis, and LHH (Lee Hecht Harrison).
Adecco
The Adecco segment covers France, Northern Europe, DACH (Germany, Austria, and Switzerland), Southern Europe & EEMENA (Eastern Europe, the Middle East, and North A...
Adecco Group AG provides human resource services, including flexible placement, permanent placement, career transition, outsourcing, consulting and other services, training, and up-skilling and re-skilling services.
Business Segments
The company operates through three segments: Adecco, Akkodis, and LHH (Lee Hecht Harrison).
Adecco
The Adecco segment covers France, Northern Europe, DACH (Germany, Austria, and Switzerland), Southern Europe & EEMENA (Eastern Europe, the Middle East, and North Africa), the Americas, and APAC (the Asia-Pacific). This segment offers a comprehensive suite of services including flexible placement, permanent placement, career transition, outsourcing, consulting and other services, as well as training, up-skilling, and re-skilling. This segment is designed to cater to the diverse needs of businesses and organizations across different regions, ensuring tailored solutions that align with local market demands.
Akkodis
The Akkodis segment focuses on providing specialized technology and engineering solutions. This segment leverages its expertise to offer consulting, project management, and outsourcing services that help businesses navigate complex technological landscapes. By focusing on high-demand sectors, such as IT and engineering, to drive innovation and efficiency for its clients. This segment strategic initiatives include the integration of advanced technologies and methodologies to deliver cutting-edge solutions that meet the evolving needs of the market.
LHH (Lee Hecht Harrison)
The LHH (Lee Hecht Harrison) segment specializes in career transition and talent development services. This segment offers a range of services designed to help individuals and organizations manage career changes, improve leadership capabilities, and enhance overall workforce performance. This segment’s offerings include career transition services, leadership development programs, and talent management solutions. This segment focus on human capital development ensures that clients can navigate organizational changes effectively while maximizing the potential of their workforce.
Products and Services
The company offers a comprehensive range of human resource solutions designed to meet the diverse needs of businesses and organizations worldwide. The company's services are categorized into several key categories, each tailored to address specific aspects of workforce management and development.
Flexible Placement
The company’s flexible placement services are designed to provide temporary staffing solutions to businesses across various industries. These services are generally negotiated and invoiced on an hourly basis. Associates record the hours they have worked, and these hours, at the rate agreed with the customer, are then accumulated, and billed according to the agreed terms. Flexible Placement contract durations can range from less than one month to multiple years but generally may be terminated earlier if appropriate notice is provided.
Permanent Placement
The company’s permanent placement services focus on providing long-term staffing solutions, helping businesses find the right talent for permanent roles. These services are generally recognized over time upon rendering the services and in line with the company’s right to invoice the customer. The permanent placement services are designed to ensure that businesses can find and retain top talent, contributing to their long-term success and stability.
Career Transition
The company’s career transition services help individuals and organizations manage career changes effectively. These services include support for employees who are transitioning out of their current roles, as well as assistance with career planning and development. By offering comprehensive career transition support, the company helps individuals navigate career changes smoothly while assisting organizations in managing workforce transitions.
Outsourcing, Consulting & Other Services
The outsourcing, consulting & other services include a wide range of services designed to help businesses optimize their operations and improve efficiency. These services are generally recognized over time upon rendering the services. Customers are typically billed through the weekly or monthly billing cycle based on information reported on timesheets multiplied by the contractual billing rate. Consulting and other services include revenue recognized over time as the services are performed in the amount to which the company has a right to invoice or on the basis of the efforts to the satisfaction of a performance obligation relative to the total expected inputs over the life of a contract with the client.
Training, Up-skilling & Re-skilling
The company’s training, up-skilling, and re-skilling services are designed to help businesses and individuals develop the skills needed to succeed in the modern workforce. These services include a wide range of training programs, from basic skills development to advanced technical training. By offering comprehensive training solutions, the company helps businesses ensure that their employees have the skills needed to meet current and future demands. The company’s training services are tailored to meet the specific needs of different industries and job roles, ensuring that participants receive relevant and practical training that can be applied in their daily work.
Managed Service Programmes (MSP) and Recruitment Process Outsourcing (RPO)
The company provides MSP and RPO. MSP services involve managing a company’s contingent workforce, including the procurement and management of temporary staffing. RPO services involve managing the recruitment process for permanent roles, from sourcing and screening candidates to onboarding new hires. These services are designed to help businesses streamline their staffing processes, reduce costs, and improve the quality of hires.
Geographical Markets
The company operates in a wide array of geographical markets, providing its comprehensive human resource solutions across various regions. The company's global footprint spans multiple continents, including Europe, North America, the Asia Pacific, South America, and North Africa. Specifically, the company has a significant presence in the following countries:
Europe: France, Germany, Italy, Switzerland, Spain, the United Kingdom, Sweden, Slovenia, Slovakia, and Turkey.
North America: The United States and Canada.
the Asia Pacific: Japan, South Korea, Thailand, and Vietnam.
South America: Brazil and Argentina.
North Africa: Morocco and Tunisia.
Customers
The company serves a wide array of customers across various industries and regions. The company's comprehensive human resource solutions cater to businesses and organizations of all sizes, from small enterprises to large multinational corporations.
History
Adecco Group AG was founded in 1957. The company was formerly known as Adecco S.A.