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Human Resources & Benefits Administration in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE56111CA

Human Resources & Benefits Administration in Prince Edward Island industry analysis

Revenue for the Human Resources & Benefits Administration industry in Prince Edward Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Human Resources & Benefits Administration in Prince Edward Island Market Research Report

What’s Included in the Human Resources & Benefits Administration in Prince Edward Island Market Research Report

Definition of the Human Resources & Benefits Administration in Prince Edward Island?

Canadian human resources and benefits administrators provide a range of day-to-day office administrative services to clients, including assistance with financial planning, billing and record-keeping, personnel management, physical distribution and logistics. This industry also furnishes general or specialized management services on a day-to-day basis and on a contract or fee-for-service basis. These businesses do not provide any actual operating staff to clients to carry out management or operational activities.

What’s included in the Human Resources & Benefits Administration in Prince Edward Island?

The Human Resources & Benefits Administration in Prince Edward Island includes benefits administration services, hr administration services, compliance services, pension administration services and succession and leadership planning services. Related terms covered in the Human Resources & Benefits Administration in Prince Edward Island industry report includes a company that processes certain aspects of employee benefit plans for another party, the creation and management of employee benefits and a small enterprise that does not employ any personnel, such as a self-employed company owner.

Industry Performance of the Human Resources & Benefits Administration industry in Prince Edward Island

Benchmark the Human Resources & Benefits Administration in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Human Resources & Benefits Administration in Prince Edward Island

#11 in Highest Revenue 0.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Human Resources & Benefits Administration in Canada


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

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

Key Drivers of the Human Resources & Benefits Administration industry in Prince Edward Island

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, corporate profit, number of businesses and national unemployment rate are impacting Human Resources & Benefits Administration in Prince Edward Island

Prince Edward Island Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in PE State Economic profile

Canada Key External Drivers

Corporate profit
Number of businesses
National unemployment rate

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

Census Metropolitan Area Data of the Human Resources & Benefits Administration industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Human Resources & Benefits Administration in Prince Edward Island, such as Charlottetown and Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Human Resources & Benefits Administration industry in Prince Edward Island

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 Human Resources & Benefits Administration industry in Prince Edward Island in 2025?

The market size of the Human Resources & Benefits Administration industry in Prince Edward Island is $6.9m in 2025.

How many businesses are there in the Human Resources & Benefits Administration industry in Prince Edward Island in 2025?

There are 24 businesses in the Human Resources & Benefits Administration industry in Prince Edward Island, which has been declining at an average annual rate of -4.4% from 2020 to 2025.

Has the Human Resources & Benefits Administration industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Human Resources & Benefits Administration industry in Prince Edward Island has been declining at an average annual rate of -7.6% from 2020 to 2025.

How many employees in the Human Resources & Benefits Administration industry in Prince Edward Island in 2025?

There are 59 employees in the Human Resources & Benefits Administration industry in Prince Edward Island, which has been growing at an average annual rate of 0.3% from 2020 to 2025.