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HR Consulting in Minnesota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MN54161b

HR Consulting in Minnesota industry analysis

The HR Consulting industry in Minnesota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the HR Consulting in Minnesota Market Research Report

What’s Included in the HR Consulting in Minnesota Market Research Report

Definition of the HR Consulting in Minnesota?

Companies provide advice and assistance to businesses and other organizations for structuring human resource and personnel policies, employee benefits, compensation systems, wage and salary administration, recruitment and retention. This industry does not include companies that provide professional and management development training or those that list employment vacancies and place applicants in open positions.

What’s included in the HR Consulting in Minnesota?

The HR Consulting in Minnesota includes providing compensation planning services, providing personnel management assessment, providing actuarial consulting services, structuring employee benefits, assessing organization development, providing employee assessments and providing advice for recruitment and retention. Related terms covered in the HR Consulting in Minnesota industry report includes a person that analyzes the probability and likely cost to a company in the event of an employee disability, sickness, injury, death or loss of company property, the development of all labor-related issues, such as employment, employee assessment, compensation and improving labor relations and a set of statements for employees that include comprehensive information about workplace rule, such as hours, attendance, pay, benefits, supervision and discipline.

Industry Performance of the HR Consulting industry in Minnesota

Benchmark the HR Consulting in Minnesota industry performance with all MN county and national performance.

HR Consulting in Minnesota

#17 in Highest Revenue 1.8% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

HR Consulting in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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Key Drivers of the HR Consulting industry in Minnesota

See how key industry drivers, such as population, net migration, per capita disposable income, number of employees, corporate profit and number of businesses are impacting HR Consulting in Minnesota

Minnesota Economic Indicators

Population
Net Migration
Per Capita Disposable Income

View more economic information in MN State Economic profile

US Key External Drivers

Number of employees
Corporate profit
Number of businesses

For the full list of industry drivers, see report purchase options.

County Data of the HR Consulting industry in Minnesota

Access proprietary data on county in the HR Consulting in Minnesota, such as Hennepin County, Dakota County and Carver County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the HR Consulting industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the HR Consulting industry in Minnesota in 2025?

The market size of the HR Consulting industry in Minnesota is $696.6m in 2025.

How many businesses are there in the HR Consulting industry in Minnesota in 2025?

There are 1,419 businesses in the HR Consulting industry in Minnesota, which has been growing at an average annual rate of 3.7% from 2020 to 2025.

Has the HR Consulting industry in Minnesota grown or declined over the past 5 years?

The market size of the HR Consulting industry in Minnesota has been growing at an average annual rate of 5.5% from 2020 to 2025.

How many employees in the HR Consulting industry in Minnesota in 2025?

There are 2,628 employees in the HR Consulting industry in Minnesota, which has been growing at an average annual rate of 3.0% from 2020 to 2025.