NAICS Code for Payroll Services
The official U.S. Census 2022 NAICS classification representing Payroll Services is primary NAICS code 541214 (Payroll Services).
NAICS Classification Details
| NAICS Code | 541214 |
|---|---|
| Official Title | Payroll Services |
| Primary SIC Equivalent | 8721 - Accounting, Auditing, and Bookkeeping Services |
| SBA Size Standard | $39.00 Million (Basis: Receipts) |
| Census Definition | This U.S. industry comprises establishments (except offices of CPAs) engaged in the following without also providing accounting, bookkeeping, or billing services: (1) collecting information on hours worked, pay rates, deductions, and other payroll-related data from their clients and (2) using that information to generate paychecks, payroll reports, and tax filings. These establishments may use data processing and tabulating techniques as part of providing their services. |
Alternate and Sub-Industry Mappings
Depending on specific business functions, your organization may also fall under these alternate classifications:
No alternate NAICS codes mapped.
Frequently Asked Questions
What is the primary NAICS code for Payroll Services?
The primary NAICS code is 541214, officially titled "Payroll Services" in the 2022 standard revision.
What is the equivalent SIC code for Payroll Services?
The primary 1987 Standard Industrial Classification (SIC) code equivalent is 8721 ("Accounting, Auditing, and Bookkeeping Services").
Are SBA size standards applicable to 541214?
Yes, the SBA standard for NAICS code 541214 defines whether a firm is a small business for government contracting and loans. The current standard is $39.00 Million (Basis: Receipts).