541612 Human Resources Consulting Services

Official definition

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.

Examples Census gives

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

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• 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.
• Providing executive search, recruitment, and placement services are classified in U.S. Industry 561312, Executive Search Services.

Source: US Census Bureau, 2022 NAICS cross-references.

Businesses that use this code

• Management consulting business

Activities listed under 541612

The Census index assigns these 11 activities to this code. If your business matches one, this is your code.

• 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

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 541612

To count as a small business for SBA loans and federal contracts under NAICS 541612, your business (including affiliates) must not exceed $29 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6629, 7020), so treat them as a starting point and check the definition.

• 66290Other activities auxiliary to insurance and pension fundingUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 541611Administrative Management and General Management Consulting Services
• 541613Marketing Consulting Services
• 541614Process, Physical Distribution, and Logistics Consulting Services
• 541618Other Management Consulting Services