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NAICS code 541612: Human Resources Consulting Services

This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; and (4) wage and salary administration.

SBA small-business size limit
$29.0M

Is your company small for 541612?

The SBA limit is $29 million average annual receipts.

What 541612 covers

Included

  • Benefit or compensation consulting services
  • Employee assessment consulting services
  • Personnel management consulting services
  • Human resources consulting services

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Activities listed under 541612

  • Actuarial consulting services (except insurance actuarial services)
  • Benefit consulting services
  • Compensation consulting services
  • Compensation planning services
  • Employee assessment consulting services
  • Employee benefit consulting services
  • Employee compensation consulting services
  • Human resource consulting services
  • Labor relations consulting services
  • Organization development consulting services
  • Personnel management consulting services

Questions

What is NAICS code 541612?

NAICS 541612 is “Human Resources Consulting Services”. This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; and (4) wage and salary administration.

What businesses use NAICS code 541612?

Examples from the U.S. Census Bureau: Benefit or compensation consulting services; Employee assessment consulting services; Personnel management consulting services; and Human resources consulting services.

What is not included in NAICS 541612?

Businesses mainly providing professional and management development training are classified in Industry 611430, Professional and Management Development Training; listing employment vacancies and recruiting, referring, and placing applicants in employment are classified in U.S. Industry 561311, Employment Placement Agencies; and providing executive search, recruitment, and placement services are classified in U.S. Industry 561312, Executive Search Services.

What is the SBA size standard for NAICS 541612?

$29 million average annual receipts (average of the last five fiscal years), including affiliates. Source: 13 CFR 121.201, effective March 17, 2023.

What is the SIC code for NAICS 541612?

SIC codes 7361 (Employment Agencies, part), 8742 (Management Consulting Services, part) and 8999 (Services, NEC, part), from the U.S. Census Bureau concordances (1987 SIC → 2002 NAICS, carried to 2022 NAICS).

What is the IRS business code for NAICS 541612?

541600 (Management, scientific, & technical consulting services) on Schedule C, line B, from the IRS list of principal business codes. The IRS code covers NAICS 541611–541690.

How do I find government contracts for NAICS 541612?

Federal agencies put a NAICS code on each solicitation in SAM.gov, and some states and cities use NAICS codes too. Add 541612 to your SAM.gov registration and to your bid alerts; PublicBeam emails new bids for the codes you choose every morning.

Source: U.S. Census Bureau, 2022 NAICS (public domain). PublicBeam is independent and not affiliated with the Census Bureau or any agency. Always check the NAICS code in the official notice before you bid.