<PAGE>

                         Index to Exhibits on page 26
                                      -1-

               UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549
                                   FORM 10-K

__x__ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE 
      ACT OF 1934 (FEE REQUIRED) For the fiscal year ended January 1, 1995
                                      OR
_____ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
      EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
For the transition period from _____________________ to _____________________ 
Commission file number 0-1088

            _________________KELLY SERVICES, INC._________________
            (Exact Name of Registrant as specified in its Charter)

     ________Delaware________                   __________38-1510762________
     (State of Incorporation)                  (IRS Employer Identification
                                                  Number)

     ___999 West Big Beaver Road, Troy, Michigan___            ____48084___
        (Address of Principal Executive Office)                 (Zip Code)

             ___________________(810) 362-4444___________________
             (Registrant's Telephone Number, Including Area Code)

       Securities Registered Pursuant to Section 12(b) of the Act:  None

          Securities Registered Pursuant to Section 12(g) of the Act:

     Title of each class           Name of each exchange on which registered
       Class A Common                             NASDAQ/NMS
       Class B Common                             NASDAQ/NMS

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.     Yes __X__          No _____

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 
of Regulation S-K is not contained herein, and will not be contained, to the 
best of registrant's knowledge, in definitive proxy or information statements 
incorporated by reference in Part III of this Form 10-K or any amendment to 
this Form 10-K.  _____

The aggregate market value of the Class B common stock, par value $1.00, the 
only class of the registrant's securities with voting rights, held by 
non-affiliates of the registrant on March 10, 1995, based upon the last price 
on that date of $31.50 was $12,047,585, as reported by the Wall 
Street Journal.

Registrant had 34,369,035 shares of Class A and 3,601,127 of Class B 
common stock, par value $1.00, outstanding as of March 10, 1995.

                      Documents Incorporated by Reference

The proxy statement of the registrant with respect to the 1995 Annual Meeting 
of Stockholders is incorporated by reference in Part III.

Dated:  March 24, 1995


<PAGE>
                                    
<PAGE>
                                      -2-



                                    PART I


ITEM 1.  DESCRIPTION OF BUSINESS.

     (a)  General Development of Business.  Registrant, a successor to the 
business established by William R. Kelly in 1946, was incorporated under the 
laws of Delaware on August 27, 1952.  Throughout its existence, registrant has 
been engaged in the temporary help service business.  During the last fiscal 
year, registrant continued to provide temporary help services and other 
staffing and human resources services to a diversified group of customers.

     (b)  Financial Information about Industry Segments.  Registrant operates 
in a single industry segment of providing temporary help services.  The 
financial information concerning registrant is included in Item 8 in Part II 
of this filing.

     (c)  Narrative Description of Business.

          (i)   Principal Services Rendered.  Registrant, and its 
subsidiaries, which are service organizations, provide temporary office 
clerical, marketing, professional, technical, light industrial, home care 
services to those who need help with their daily living needs and personal 
care, managed services, testing and training and other business services to a 
diversified group of customers through offices located in major cities of the 
United States, Australia, Canada, Mexico, England, France, Ireland, The 
Netherlands, Denmark, New Zealand, Norway, Scotland, Switzerland, and Wales.  
Although registrant operates in a single industry segment, these services are 
generally furnished under the name of Kelly Temporary Services, with the 
following specific services provided:  office clerical, marketing, technical, 
semi-skilled light industrial, managed services, skills testing and 
computer-based training.  Staff leasing services are provided under the name of 
Your Staff, a wholly owned subsidiary of the registrant.  Home care services to 
those who need help with their daily living needs and personal care are 
furnished under the name of Kelly Assisted Living Services, Inc., which is a 
wholly owned subsidiary of registrant.  Registrant performs these services 
through its temporary employees by assigning them to work on the premises of 
registrant's customers.

     The temporary services furnished by registrant afford economies and 
flexibility in meeting uneven or peak work loads caused by such predictable 
factors as vacations, inventories, month-end activities, special projects or 
new promotions and such non-predictable factors as illnesses or emergencies.  
When work peaks occur which cannot be handled by the customer's normal staff, 
the customer can temporarily supplement regular personnel by the use of 
registrant's services.  The cost and inconvenience to the customer of hiring 
additional employees, including advertising, interviewing, screening, testing 
and training are eliminated.  Also, recordkeeping is simplified because the 
customer pays an hourly rate, based on hours of service furnished by 
registrant.

     Registrant serves a wide cross-section of customers from industry, 
commerce, the professions, government, and individuals.  During recent years 
approximately 200,000 customers, including the largest industrial corporations 
in the world, have used registrant's services.  There have been no significant 
changes in the services rendered or in the markets or methods of distribution 
since the beginning of registrant's fiscal year.


<PAGE>
                                    
<PAGE>
                                      -3-


     Registrant operates through approximately 1,000 offices located in all 50 
states, the District of Columbia, Puerto Rico, Australia, Mexico, Canada, 
England, France, Ireland, The Netherlands, Denmark, New Zealand, Norway, 
Scotland, Switzerland, and Wales.  Each office provides the services of one or 
more of the divisions or subsidiaries. At fiscal year-end 1994 approximately 
ninety-nine percent of the offices were operated directly by the registrant (or 
one of its wholly owned subsidiaries) with the remaining offices operated by 5 
licensees.  In February, 1995 the remaining licensed branches were converted to 
direct operated branches.

     (ii)   New Services.  There are no new industry segments that the 
registrant is planning to enter or new service areas that will require a 
material investment of assets.

     (iii)  Raw Materials.  Registrant is involved in a service business and 
raw materials are nonexistent in the business.

     (iv)   Service Marks.  Registrant is the owner of several service marks, 
which are registered with the United States Patent and Trade Mark Office and 
in a number of foreign countries.  The most significant mark is "Kelly Girl", 
which has indeterminable duration.

     (v)    Seasonal Business Implications.  Registrant's business is not 
seasonal.

     (vi)   Working Capital.  Registrant believes there are no unusual or 
special working capital requirements in the temporary help industry.

     (vii)  Customers.   The business of registrant and its subsidiaries is 
not dependent upon either a single customer or a limited number of customers.

     (viii) Backlog.  Backlog of orders is not material to the business of 
registrant.

     (ix)   Government Contracts.  Although registrant conducts business under 
various government contracts, that portion of registrant's business is not 
significant.

     (x)    Competition.  Registrant is one of the largest suppliers of 
temporary help services in the United States.  Several companies which operate 
nationally offer services competitive to those provided by registrant, and a 
large number of organizations operating regionally or locally compete in 
varying degrees in different localities where registrant operates branch 
offices.  The most significant competitive factors are price and service to 
customers in the form of timely, efficient and reliable temporary help.

     (xi)   Research Activities.  Registrant's expenditure for research and 
the number of people involved are not material.

     (xii)  Environmental Matters.  Registrant is involved in a service 
business and is not affected by federal, state and local provisions regulating 
the discharge of materials into the environment.


<PAGE>
                                    
<PAGE>
                                      -4-


     (xiii) Employees.  Registrant and subsidiaries employ on a full time 
basis approximately 900 persons at its headquarters in Troy, Michigan, and 
approximately 3,900 persons in branch offices operated directly by registrant.  
Registrant employed in the last fiscal year 665,000 men and women for temporary 
periods.  As the employer, registrant is responsible for and pays Social 
Security taxes, workers' compensation, federal and state unemployment 
compensation taxes, liability insurance and other similar costs, and is 
responsible for payroll deductions of Social Security and income taxes.  
Although the work may be done in the office of the registrant's customer, 
registrant retains the right of control over its employees, including their 
assignment and reassignment.

     (d)  Foreign Operations.  Registrant operates in major cities in 
Australia, Canada, Mexico, England, France, Ireland, The Netherlands, Denmark, 
New Zealand, Norway, Scotland, Switzerland, and Wales; sales of these 
operations totaled $357,000,000 in 1994, $235,000,000 in 1993 and $225,000,000 
in 1992; operating profit totaled $4,500,000 in 1994 and operating losses 
totaled $2,500,000 in 1993 and $5,600,000 in 1992.  Identifiable assets are 
$117,600,000, $70,900,000 and $69,300,000 at the end of 1994, 1993 and 1992, 
respectively.


I
TEM 2.  PROPERTIES.

     Registrant owns the premises in Troy, Michigan, from which its 
headquarters, subsidiaries and divisional offices are presently operated.  
Registrant purchased the original headquarters building in Troy, Michigan, in 
1977 and has expanded operations into an adjacent building that was purchased 
in 1991.  The combined floor space for the headquarters complex approximates 
206,000 square feet.  The buildings are in good condition, are considered to be 
adequate for the uses to which they are being put and are in regular use.  In 
addition, registrant owns vacant land in Troy and northern Oakland County, 
Michigan, for future expansion.  Registrant's direct operated branches are 
conducted from premises which are leased. A majority of the leases are for 
fixed terms, from one to five years.  Registrant owns virtually all office 
furniture and equipment used in its headquarters building and branch offices.


ITEM 3.  LEGAL PROCEEDINGS.
            
     In 1992 the Internal Revenue Service (IRS) proposed the imposition of an 
accumulated earnings tax totaling $49 million for 1988, 1989 and 1990 in 
connection with an audit of the Company's consolidated federal tax liability.  
The proposed amount has been subsequently reduced to $11 million.  The Company 
believes there is no factual or legal basis for the imposition of any 
accumulated earnings tax and that the Company is fully justified in making 
provision to meet the present and future needs of its expanding business 
operations.  The Company is defending its position through the IRS appeal 
process and into the courts if necessary.  In the opinion of the Company, the 
ultimate resolution of this issue will not materially affect its financial 
statements.


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

     There were no matters submitted to a vote of security holders in the 
fourth quarter of 1994.


<PAGE>
                                    
<PAGE>
                                      -5-



                                    PART II


ITEM 5.  MARKET FOR THE REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER 
MATTERS.

     Kelly Services' stock is traded over-the-counter in the NASDAQ National 
Market System (NMS).  The high and low selling prices for the Class A common 
stock and Class B common stock as quoted by the National Association of 
Securities Dealers, Inc. and the dividends paid on the common stock for each 
quarterly period in the last two fiscal years are reported below:

                                    Per share amounts (in dollars)
                         ----------------------------------------------------
                           First      Second     Third      Fourth
                          Quarter    Quarter    Quarter    Quarter     Year
                          -------    -------    -------    -------    -------

1994
----
Stock Prices
 Class A common
    High . . . . . . . .  $31 1/4    $29        $32        $30 1/2    $32
    Low  . . . . . . . .   23         23         24         25 3/4     23
 Class B common
    High . . . . . . . .   34         33 1/2     33 1/2     29 1/2     34
    Low  . . . . . . . .   28         28         29         27 1/4     27 1/4

Dividends. . . . . . . .     .160       .180       .180       .180       .700


1993
----
Stock Prices
 Class A common
    High . . . . . . . .  $36 5/8    $32 5/8    $33 1/2    $29 1/2    $36 5/8
    Low  . . . . . . . .   30 5/8     24 1/4     23         22         22
 Class B common
    High . . . . . . . .   34 1/4     32 7/8     33         31         34 1/4
    Low  . . . . . . . .   31 5/8     27         27         27         27

Dividends. . . . . . . .     .152       .160       .160       .160       .632

The number of holders of record of the Class A and Class B common stock, par 
value $1.00, of registrant were 1,283 and 304, respectively, as of March 10, 
1995.

<PAGE>
                                    
<PAGE>
                                      -6-

<TABLE>


ITEM 6.  SELECTED FINANCIAL DATA.

     The following table summarizes selected financial information of Kelly 
Services, Inc. and its subsidiaries for each of the six fiscal years ended 
January 1, 1995.  This table should be read in conjunction with other 
financial information of the registrant including "Management's Discussion and 
Analysis of Financial Condition and Results of Operations" and financial 
statements included elsewhere herein.
<CAPTION>

(In millions except                                   (1)
per share amounts)             1994      1993      1992      1991      1990      1989
-------------------            ----      ----      ----      ----      ----      ----
<S>                          <C>       <C>       <C>       <C>       <C>       <C>

Sales of services . . . .    $2,362.6  $1,954.5  $1,712.7  $1,424.3  $1,456.3  $1,364.9
Earnings before taxes . .        98.5      70.9      61.0      60.2     113.0     112.9
Net earnings. . . . . . .        61.1      44.6      39.2      38.6      71.2      70.8


Per share data:
  Earnings  . . . . . . .    $   1.61  $   1.18  $   1.04  $   1.03  $   1.89  $   1.89
  Dividends . . . . . . .
    Class A common. . . .         .70       .63       .58       .57       .53       .46
    Class B common. . . .         .70       .63       .58       .57       .53       .46
    
Working capital . . . . .    $  315.8  $  291.2  $  279.8  $  287.0  $  287.2  $  243.4
Total assets. . . . . . .       642.1     542.1     496.1     479.4     443.8     394.3
<FN>
(1) Fiscal year included 53 weeks.
</TABLE>



ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND 
RESULTS OF OPERATIONS.

Results of Operations

1994 versus 1993

     Sales reached a record level of $2.36 billion in 1994, an increase of 21% 
over 1993. Increases in domestic sales, acquisitions completed during the 
year, and the strengthening of worldwide economies all contributed to this 
growth.

     Cost of services, representing payroll and related taxes and benefits for 
temporary employees, increased 21%.  Strong sales volume and increases in pay 
rates and payroll taxes accounted for this change.  Gross profit, as a percent 
of sales, rose from 19.5% in 1993 to 19.6% in 1994.  Excluding the effect of 
our employee leasing business acquired in 1994, gross profit averaged 20.1% 
during 1994.

     Selling, general and administrative expenses rose 17% during 1994.  As a 
percent of sales, expenses declined from 16.2% to 15.7% in 1994.  Excluding 
the effects of the employee leasing business (with its inherently lower cost 
structure), the expense to sales relationship was 16.1% in 1994.  Earnings 
from operations this year totaled approximately $92 million, an increase of 
44% over 1993.

<PAGE>
                                    
<PAGE>
                                      -7-


     Interest income for 1994 was $6.7 million, down 3.6% from the 1993 level 
of $7.0 million.  The reduction in the interest rates accounted for the slight 
decline in interest income during the year.

     Earnings before taxes were $98.5 million, an increase of 39%.  Pretax 
margins were 4.2% in 1994, improved from 3.6% in 1993.  Income taxes increased 
42% over 1993, with an effective tax rate of 38.0%, compared to a 37.1% rate 
in 1993.  The current year tax rate rose primarily as a result of the 
reduction in tax exempt interest income and the absence of a credit from a 
change in accounting for taxes which was reflected in the 1993 tax rate.

     Net earnings were $61.1 million in 1994, 37% above the 1993 results of 
$44.6 million.  The rate of return on sales was 2.6%, up from the 1993 return 
of 2.3%.  Earnings per share were $1.61 in 1994 and $1.18 in 1993.

1993 versus 1992

     Sales of services reached a record level of nearly $2 billion in 1993, an 
increase of 14% over 1992 (a 53-week year).  Excluding the 53rd week from the 
previous year, 1993 sales were up 16%.  This improvement was attributable 
principally to increases in domestic sales volume.  The effect of an increase 
in international sales was moderated by less favorable currency exchange 
rates.

     Cost of services increased 15%.  Strong sales volume and increases in pay 
rates and payroll taxes accounted for this change.  Competitive pressures 
during 1993 were reflected in margins as gross profit rates declined from 
19.9% in 1992 to 19.5% in 1993.  The trend during the last half of 1993 was 
positive, however.

     Selling, general and administrative expenses rose 10%.  As a percent of 
sales, expenses declined from 16.9% to 16.2% in 1993.  Branch automation 
contributed to this productivity.

     Earnings from operations in 1993 totaled $63.9 million, an increase of 
25% over 1992.  The 1993 results, after restating the 1992 results to exclude 
the 53rd week, were up 31%.

     Interest income for 1993 was $7.0 million, down 29% from the 1992 level 
of $9.8 million.  A smaller investment portfolio and lower interest rates 
accounted for the decline.

     Earnings before taxes were $70.9 million, an increase of 16%.  Pretax 
margins were 3.6% in both 1993 and 1992.  Income taxes increased 21% over 
1992, with an effective tax rate of 37.1%, compared to a 35.7% rate in 1992.  
The 1993 tax rate rose as a result of the federal statutory rate increase and 
a reduction in tax exempt interest income.

     Net earnings were $44.6 million for 1993, 14% above the 1992 results of 
$39.2 million.  The rate of return on sales was 2.3% in both years.  Earnings 
per share, adjusted for the stock split in 1993, were $1.18 in 1993 and $1.04 
in 1992.  The 53rd week added $.04 to earnings per share in 1992.

<PAGE>
                                    
<PAGE>
                                      -8-


Liquidity and Capital Resources

     Cash flow from operations in 1994 was $67 million.  Funds were used for 
additional working capital, dividends, the purchase of capital equipment and 
investments in acquisitions.  Net cash from operations totaled $45 million in 
1993 and $12 million in 1992.

     The Company's working capital of $316 million increased 8% during the 
year, after a 4% increase in 1993 and a 2.5% decline in 1992.  The current 
ratios were 2.5, 2.9 and 3.2 in 1994, 1993 and 1992, respectively.  The 
current ratios have declined, primarily because of expanding business 
activity, including acquisitions, and the resulting effect upon working 
capital requirements.

     Stockholders' equity grew 12% in 1994, compared to the 5% increase 
in 1993 and the 3% increase of 1992.  The return on average stockholders' 
equity was 14.9% this year, an improvement over the previous two years' rates 
of 11.8% in 1993 and 10.9% in 1992.  Equity per share increased to $11.37 in 
1994 from $10.23 in 1993 and $9.74 in 1992.  Dividends per share over the past 
three years were $.70 in 1994, $.63 in 1993 and $.58 in 1992.  The Company 
believes that its strong financial position, including the absence of any 
long-term debt, will allow it to meet capital requirements as well as to 
aggressively pursue growth opportunities.


I
TEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

     The financial statements and supplementary data required by this Item are 
set in the accompanying index on page 14 of this filing and are presented in 
pages 15-25.


ITEM 9.  DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL 
DISCLOSURE.

     None.


                                   PART III

     Information required by Part III with respect to Directors and Executive 
Officers of the registrant, except as set forth under the title "Executive 
Officers of the Registrant" which is included on page 9, (Item 10), Executive 
Compensation (Item 11), Security Ownership of Certain Beneficial Owners and 
Management (Item 12), and Certain Relationships and Related Transactions (Item 
13) is to be included in a definitive proxy statement filed by the registrant 
not later than 120 days after the close of its fiscal year and such proxy 
statement, when filed, is incorporated herein by reference.


<PAGE>
                                              
<PAGE>
                                                -9-



<TABLE>


ITEM 10
EXECUTIVE OFFICERS OF THE REGISTRANT
------------------------------------
<CAPTION>
                                                 Served as an           Business Experience
      Name/Office                Age          Officer Since (2)         During Last 5 Years
------------------------   ----------------   -----------------   --------------------------------
<S>                        <C>                <C>                 <C>
William R. Kelly                 89                  1952         Served as officer of registrant.
Chairman of the Board

Terence E. Adderley (1)          61                  1961         Served as officer of registrant.
President and Chief
Executive Officer

Christopher A. Arnette           38                  1995         Served as officer of registrant
Senior Vice President                                             since January, 1995.  Prior
                                                                  thereto, served as Vice 
                                                                  President and Chief 
                                                                  Information Officer of 
                                                                  Ameritech Advertising Services
                                                                  since 1992.  Prior thereto, 
                                                                  served as Vice President, 
                                                                  Information Systems of Dun & 
                                                                  Bradstreet Corporation.

Robert G. Barranco               54                  1989         Served as officer of registrant
Executive Vice President                                          since May, 1994.  Served as 
                                                                  officer of operating division 
                                                                  from March, 1991 until May, 
                                                                  1994.  Prior thereto, served as 
                                                                  officer of registrant.

Donald A. Bobo                   53                               Served as officer of operating
Senior Vice President                                             division since April, 1992.  
and General Manager,                                              Prior thereto, served as Vice
Kelly Temporary                                                   President of Staff Services at 
Services Division                                                 John Labatt Foods.

Carolyn R. Fryar                 52                               Served as officer of operating
Senior Vice President                                             division.
and General Manager,
Kelly Temporary
Services Division


<PAGE>
                                              
<PAGE>
                                               -10-




ITEM 10
EXECUTIVE OFFICERS OF THE REGISTRANT
------------------------------------
(continued)
<CAPTION>
                                                 Served as an           Business Experience
      Name/Office                Age          Officer Since (2)         During Last 5 Years
------------------------   ---------------    -----------------   --------------------------------
<S>                        <C>                <C>                 <C>
Paul K. Geiger                   61                  1993         Served as officer of registrant
Senior Vice President                                             since April, 1993.  Served as 
                                                                  Vice President and Chief 
                                                                  Financial Officer of the 
                                                                  University of Detroit Mercy from
                                                                  September, 1990 until April, 
                                                                  1992.  Prior thereto, served as
                                                                  Partner with Ernst & Young.

Eugene L. Hartwig                61                  1990         Served as officer of registrant.
Senior Vice President,
General Counsel and
Secretary

Michael J. McGowan               41                               Served as officer of operating
Senior Vice President                                             division since January, 1995.
and General Manager,                                              Prior thereto, served as Vice
Kelly Temporary                                                   President and General Manager 
Services Division                                                 and in other capacities of
                                                                  Employer Systems and Services
                                                                  business unit of The MEDSTAT 
                                                                  Group since 1992.  From 1977 to
                                                                  1992 served as Acting General 
                                                                  Manager and in other capacities
                                                                  of divisions of Automated Data
                                                                  Processing, including ADP 
                                                                  Employer Services Division, ADP 
                                                                  Automotive Information Services
                                                                  Division and ADP Dealer Services
                                                                  Division.

Robert H. McNabb                 47                               Served as officer of operating
Senior Vice President                                             division since September, 1994.
and General Manager,                                              From 1991, served as President
Kelly Temporary                                                   of the Central Division and
Services Division                                                 National Accounts of Talent
                                                                  Tree Personnel Services.  Prior
                                                                  thereto, served as employee of
                                                                  James River Corporation.



<PAGE>
                                              
<PAGE>
                                               -11-

</TABLE>


<TABLE>


ITEM 10
EXECUTIVE OFFICERS OF THE REGISTRANT
------------------------------------
(continued)
<CAPTION>
                                                 Served as an            Business Experience
      Name/Office                Age          Officer Since (2)          During Last 5 Years
------------------------   ---------------    -----------------   ---------------------------------
<S>                        <C>                <C>                 <C>
Joanne E. Start                  50                  1989         Served as officer of registrant. 
Senior Vice President

Robert F. Stoner                 61                  1969         Served as officer of registrant.
Senior Vice President

Robert E. Thompson               52                  1982         Served as officer of registrant.
Executive Vice President

Tommi A. White                   44                  1993         Served as officer of registrant
Senior Vice President                                             since November, 1993.  From  
                                                                  1992, served as Vice President
                                                                  Rollout Operations of Automated
                                                                  Data Processing.  Prior thereto,
                                                                  held senior positions at Skandia 
                                                                  Direct Operations Corporation, 
                                                                  American Express, Ryder System 
                                                                  and National Bank of Detroit.

<FN>
(1)  Mr. Adderley is Mr. William R. Kelly's son.
(2)  Each officer serves continuously until removed by the Board of Directors.
</TABLE>


<PAGE>
                                    
<PAGE>
                                     -12-



                                    PART IV


ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

(a)  The following documents are filed as part of this report:

  1.  Financial statements -


      Report of Independent Accountants

      Balance Sheets at January 1, 1995, January 2, 1994 and 
        January 3, 1993

      Statements of Earnings for the three fiscal years ended 
        January 1, 1995

      Statements of Cash Flows for the three fiscal years ended 
        January 1, 1995

      Statements of Stockholders' Equity for the three fiscal years ended
        January 1, 1995


      Notes to Financial Statements

  2.  Financial Statement Schedule -

      For the three fiscal years ended January 1, 1995:

        II - Valuation Reserves

  3.  The Exhibits are listed in the Index to Exhibits Required by Item 601
        of Regulation S-K at Item (c) below and included at page 26 which is
        incorporated herein by reference.

All other schedules are omitted because they are not applicable or the required 
information is shown in the financial statements or notes thereto.

No additional financial information has been provided for the registrant as an 
individual company since the total amount of net assets of subsidiaries which 
are restricted as to transfer to the registrant through intercompany loans, 
advances or cash dividends does not exceed 25 percent of total consolidated net 
assets at January 1, 1995.
      
(b)  No reports on Form 8-K were filed during the last quarter of the 
       period covered by this report.

(c)  The Index to Exhibits and required Exhibits are included following 
       the Financial Statement Schedule beginning at page 26 of this 
       filing.

(d)  The Index to Financial Statements and Supplemental Schedule is 
       included following the signatures beginning at page 14 of this 
       filing.

<PAGE>
                                    
<PAGE>
                                     -13-



 
                                 SIGNATURES

      Pursuant to the requirements of Section 13 or 15(d) of the Securities 
Exchange Act of 1934, registrant has duly caused this report to be signed on 
its behalf by the undersigned, thereunto duly authorized.

Date:  March 24, 1995              KELLY SERVICES, INC.
                                        Registrant

                                   By  /s/ R. F. Stoner                 
                                       ---------------------------------------
                                           R. F. Stoner
                                           Senior Vice President and
                                             Chief Financial Officer

      Pursuant to the requirements of the Securities Exchange Act of 1934, 
this report has been signed below by the following persons on behalf of the 
registrant and in the capacities and on the dates indicated.

Date:  March 24, 1995                   *  W. R. Kelly

                                       --------------------------------------
                                           W. R. Kelly
                                           Chairman of the Board

Date:  March 24, 1995                   *  T. E. Adderley
                                       --------------------------------------
                                           T. E. Adderley
                                           President, Chief Executive Officer
                                             and Director
                                           (Principal Executive Officer)

Date:  March 24, 1995                   *  C. V. Fricke
                                       --------------------------------------
                                           C. V. Fricke
                                           Director

Date:  March 24, 1995                   *  H. E. Guenther
                                       --------------------------------------
                                           H. E. Guenther
                                           Director

Date:  March 24, 1995                   *  V. G. Istock
                                       --------------------------------------
                                           V. G. Istock
                                           Director         

Date:  March 24, 1995                  /s/ R. F. Stoner
                                       --------------------------------------
                                           R. F. Stoner
                                           Senior Vice President and
                                             Chief Financial Officer
                                           (Principal Financial Officer and
                                             Principal Accounting Officer)

Date:  March 24, 1995             *By  /s/ R. F. Stoner
                                       --------------------------------------
                                           R. F. Stoner
                                           Attorney-in-Fact


<PAGE>
                                    
<PAGE>
                                     -14-


                       INDEX TO FINANCIAL STATEMENTS AND
                             SUPPLEMENTAL SCHEDULE

                     Kelly Services, Inc. and Subsidiaries



                                                            Page Reference
                                                             in Report on
                                                               Form 10-K
                                                            --------------

Report of Independent Accountants                                  15

Balance Sheets at January 1, 1995, January 2, 1994 
  and January 3, 1993                                              16

Statements of Earnings for the three fiscal years ended
  January 1, 1995                                                  17

Statements of Cash Flows for the three fiscal years ended 
  January 1, 1995                                                  18

Statements of Stockholders' Equity for the three fiscal 
  years ended January 1, 1995                                      19

Notes to Financial Statements                                   20 - 24


Financial Statement Schedule -

  Schedule II - Valuation Reserves                                 25


<PAGE>
                                    
<PAGE>
                                     -15-



                       REPORT OF INDEPENDENT ACCOUNTANTS

To the Stockholders and Board of Directors, 
Kelly Services, Inc.


In our opinion, the accompanying consolidated financial statements as listed 
in Item 14(a) 1 and 2 of this Form 10-K present fairly, in all material 
respects, the financial position of Kelly Services, Inc. and its subsidiaries 
at January 1, 1995, January 2, 1994 and January 3, 1993, and the results of 
their operations and their cash flows for the years then ended, in conformity 
with generally accepted accounting principles.  These financial statements are 
the responsibility of the Company's management; our responsibility is to 
express an opinion on these financial statements based on our audits.  We 
conducted our audits of these statements in accordance with generally accepted 
auditing standards which require that we plan and perform the audit to obtain 
reasonable assurance about whether the financial statements are free of 
material misstatement.  An audit includes examining, on a test basis, evidence 
supporting the amounts and disclosures in the financial statements, assessing 
the accounting principles used and significant estimates made by management, 
and evaluating the overall financial statement presentation.  We believe that 
our audits provide a reasonable basis for the opinion expressed above.



/s/ Price Waterhouse LLP
------------------------
Price Waterhouse LLP
Detroit, Michigan
February 1, 1995



<PAGE>
                                        
<PAGE>
                                         -16-

<TABLE>
                                    BALANCE SHEETS
                        Kelly Services, Inc. and Subsidiaries 
<CAPTION>
                                                     1994         1993         1992
                                                  ----------   ----------   ----------
                                                      (In thousands of dollars)
<S>                                               <C>          <C>          <C>
ASSETS 
Current Assets
  Cash and equivalents . . . . . . . . . . . .    $  49,207    $  36,020    $  29,700
  Short-term investments . . . . . . . . . . .      142,723      144,988      154,602
  Accounts receivable, less allowances of
    $5,660, $4,735 and $3,325, respectively. .      307,478      248,161      209,045
  Prepaid expenses and other current assets. .       27,018       17,881       15,225
                                                  ----------   ----------   ----------
       Total current assets. . . . . . . . . .      526,426      447,050      408,572
                                                                       
Property and Equipment
  Land and buildings . . . . . . . . . . . . .       34,044       29,882       23,794
  Equipment, furniture and leasehold 
    improvements . . . . . . . . . . . . . . .       90,868       82,227       83,475
  Accumulated depreciation . . . . . . . . . .      (54,731)     (43,827)     (37,920)
                                                  ----------   ----------   ----------
       Total property and equipment. . . . . .       70,181       68,282       69,349


Intangibles and Other Assets . . . . . . . . .       45,491       26,768       18,154
                                                  ----------   ----------   ----------
Total Assets . . . . . . . . . . . . . . . . .    $ 642,098    $ 542,100    $ 496,075
                                                  ==========   ==========   ==========

LIABILITIES AND STOCKHOLDERS' EQUITY 
Current Liabilities
  Accounts payable . . . . . . . . . . . . . .    $  33,716    $  24,621    $  13,100
  Payroll and related taxes  . . . . . . . . .      102,911       68,451       53,986
  Accrued insurance. . . . . . . . . . . . . .       57,390       51,841       48,855
  Income and other taxes . . . . . . . . . . .       16,565       10,968       12,875
                                                  ----------   ----------   ----------
       Total current liabilities . . . . . . .      210,582      155,881      128,816

Stockholders' Equity
  Capital stock, $1.00 par value
    Class A common stock, shares issued 36,507
      in 1994, 36,507 in 1993 and 29,195
      in 1992  . . . . . . . . . . . . . . . .       36,507       36,507       29,195
    Class B common stock, shares issued 3,609 
      in 1994, 3,609 in 1993 and 2,898
      in 1992  . . . . . . . . . . . . . . . .        3,609        3,609        2,898
  Treasury stock, at cost
    Class A common stock, 2,153 shares in
      1994, 2,361 in 1993 and 1,928 in 1992. .       (6,186)      (6,702)      (6,736)
  Paid-in capital. . . . . . . . . . . . . . .        5,868          679        3,629
  Earnings invested in the business. . . . . .      391,718      352,126      338,273
                                                  ----------   ----------   ----------
       Total stockholders' equity. . . . . . .      431,516      386,219      367,259
                                                  ----------   ----------   ----------
Total Liabilities and Stockholders' Equity . .    $ 642,098    $ 542,100    $ 496,075
                                                  ==========   ==========   ========== 
<FN>
See accompanying Notes to Financial Statements.
</TABLE>


<PAGE>
                                              
<PAGE>
                                               -17-

<TABLE>

                                      STATEMENTS OF EARNINGS
                              Kelly Services, Inc. and Subsidiaries 
<CAPTION>
                                                                                           (1)
                                                        1994            1993            1992
                                                    -------------   -------------   -------------
                                                  (In thousands of dollars except per share items)
<S>                                                  <C>             <C>             <C>
Sales of services. . . . . . . . . . . . . . . .     $ 2,362,561     $ 1,954,534     $ 1,712,726

Cost of services . . . . . . . . . . . . . . . .       1,899,552       1,573,797       1,372,387
                                                     ------------    ------------    ------------
Gross profit . . . . . . . . . . . . . . . . . .         463,009         380,737         340,339

Selling, general and administrative expenses . .         371,262         316,838         289,114
                                                     ------------    ------------    ------------
Earnings from operations . . . . . . . . . . . .          91,747          63,899          51,225

Interest income  . . . . . . . . . . . . . . . .           6,710           6,960           9,800
                                                     ------------    ------------    ------------
Earnings before income taxes . . . . . . . . . .          98,457          70,859          61,025

Income taxes:
  Federal  . . . . . . . . . . . . . . . . . . .          29,915          20,595          16,840
  State and other  . . . . . . . . . . . . . . .           7,485           5,705           4,960
                                                     ------------    ------------    ------------
Total income taxes . . . . . . . . . . . . . . .          37,400          26,300          21,800
                                                     ------------    ------------    ------------
Net earnings . . . . . . . . . . . . . . . . . .     $    61,057     $    44,559     $    39,225
                                                     ============    ============    ============

Earnings per share . . . . . . . . . . . . . . .           $1.61           $1.18           $1.04

Dividends per share  . . . . . . . . . . . . . .           $ .70           $ .63           $ .58

Average shares outstanding (thousands) . . . . .          37,956          37,728          37,668

<FN>
See accompanying Notes to Financial Statements.
(1) Fiscal year included 53 weeks.
</TABLE>




<PAGE>
                                          
<PAGE>
                                           -18-

<TABLE>

                                STATEMENTS OF CASH FLOWS
                          Kelly Services, Inc. and Subsidiaries

<CAPTION>
                                                                                         (1)
                                                        1994           1993           1992           
                                                     ---------      ---------      ---------
                                                           (In thousands of dollars)
<S>                                                  <C>            <C>            <C>
Cash flows from operating activities
  Net earnings . . . . . . . . . . . . . . . . . .   $ 61,057       $ 44,559       $ 39,225
  Noncash adjustments:
    Depreciation . . . . . . . . . . . . . . . . .     17,309         16,614         13,977
    Changes in certain working capital components.    (11,000)       (16,300)       (41,023)
                                                     ---------      ---------      ---------
      Net cash from operating activities . . . . .     67,366         44,873         12,179
                                                                        

Cash flows from investing activities
  Capital expenditures . . . . . . . . . . . . . .    (18,433)       (16,056)       (32,449)
  Short-term investments . . . . . . . . . . . . .      2,265          9,614         31,571
  Increase in intangibles and other assets . . . .    (11,814)        (9,296)        (2,419)
                                                     ---------      ---------      ---------
      Net cash from investing activities . . . . .    (27,982)       (15,738)        (3,297)
                                                                        

Cash flows from financing activities
  Dividend payments. . . . . . . . . . . . . . . .    (26,570)       (23,846)       (21,999)
  Exercise of stock options. . . . . . . . . . . .        373          1,049          1,617
  Fractional shares paid . . . . . . . . . . . . .        --             (18)           --
  Purchase of treasury stock . . . . . . . . . . .        --             --             (83)
                                                     ---------      ---------      ---------
      Net cash from financing activities . . . . .    (26,197)       (22,815)       (20,465)


Net change in cash and equivalents . . . . . . . .     13,187          6,320        (11,583)
Cash and equivalents at beginning of year. . . . .     36,020         29,700         41,283
                                                     ---------      ---------      ---------

Cash and equivalents at end of year. . . . . . . .   $ 49,207       $ 36,020       $ 29,700
                                                     =========      =========      =========
<FN>
See accompanying Notes to Financial Statements.
(1) Fiscal year included 53 weeks.
</TABLE>


<PAGE>
                                          
<PAGE>
                                           -19-

<TABLE>
                            STATEMENTS OF STOCKHOLDERS' EQUITY
                           Kelly Services, Inc. and Subsidiaries
<CAPTION>

                                                                                        (1)
                                                        1994          1993          1992
                                                     ----------    ----------    ----------
                                                           (In thousands of dollars)
<S>                                                  <C>           <C>           <C>
Capital Stock
  Class A common stock
    Balance at beginning of year . . . . . . . .      $ 36,507      $ 29,195      $ 29,187
    Five-for-four stock split. . . . . . . . . .           --          7,301           --
    Conversions from Class B . . . . . . . . . .           --             11             8
                                                      ---------     ---------     ---------
    Balance at end of year . . . . . . . . . . .        36,507        36,507        29,195

  Class B common stock
    Balance at beginning of year . . . . . . . .         3,609         2,898         2,906
    Five-for-four stock split. . . . . . . . . .           --            722           --
    Conversions to Class A . . . . . . . . . . .           --            (11)           (8)
                                                      ---------     ---------     ---------
    Balance at end of year . . . . . . . . . . .         3,609         3,609         2,898

Treasury Stock
    Balance at beginning of year . . . . . . . .        (6,702)       (6,736)       (6,462)
    Treasury stock issued for acquisition. . . .           529           --            --
    Exercise of stock options. . . . . . . . . .           (13)          34           (191)
    Purchase of treasury stock . . . . . . . . .           --            --            (83)
                                                      ---------     ---------     ---------
    Balance at end of year . . . . . . . . . . .        (6,186)       (6,702)       (6,736)

Paid-in Capital
    Balance at beginning of year . . . . . . . .           679         3,629         1,821
    Treasury stock issued for acquisition. . . .         4,803           --            --
    Exercise of stock options. . . . . . . . . .           386         1,015         1,808
    Five-for-four stock split. . . . . . . . . .           --         (3,965)          --
                                                      ---------     ---------     ---------
    Balance at end of year . . . . . . . . . . .         5,868           679         3,629

Earnings Invested in the Business
    Balance at beginning of year . . . . . . . .       352,126       338,273       327,505
    Net earnings . . . . . . . . . . . . . . . .        61,057        44,559        39,225
    Cash dividends . . . . . . . . . . . . . . .       (26,570)      (23,846)      (21,999)
    Five-for-four stock split. . . . . . . . . .           --         (4,058)          --
    Fractional shares paid . . . . . . . . . . .           --            (18)          --
    Equity adjustment for foreign currency
      translation; cumulative charge of $1,408
      in 1994, $6,513 in 1993 and $3,729 in
      1992 . . . . . . . . . . . . . . . . . . .         5,105        (2,784)       (6,458)
                                                      ---------     ---------     ---------
    Balance at end of year . . . . . . . . . . .       391,718       352,126       338,273

Stockholders' Equity at end of year. . . . . . .      $431,516      $386,219      $367,259
                                                      =========     =========     =========
<FN>
See accompanying Notes to Financial Statements.
(1) Fiscal year included 53 weeks.
</TABLE>


<PAGE>
                                    
<PAGE>
                                     -20-



                         NOTES TO FINANCIAL STATEMENTS
                     Kelly Services, Inc. and Subsidiaries
          (In thousands of dollars except share and per share items)


SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     The Company's fiscal year ends on the Sunday nearest to December 31.  The 
three most recent years ended on January 1, 1995 (1994), January 2, 1994 
(1993) and January 3, 1993 (1992).  The fiscal years 1994 and 1993 were 
52-week periods and fiscal 1992 was a 53-week period.

     The Company operates in the single industry segment of providing 
temporary help services to a diversified group of customers.

     The financial statements consolidate the accounts and operations of the 
Company and its subsidiaries, all of which are wholly owned, after elimination 
of all intercompany accounts and transactions.  The accounts of the Company's 
international operations are translated at appropriate rates of exchange.  
International operations are conducted in Canada, Europe, Australia, New 
Zealand and Mexico.  Sales of these operations totaled $357,000 in 1994, 
$235,000 in 1993 and $225,000 in 1992; operating profit totaled $4,500 in 
1994 and operating losses totaled $2,500 in 1993 and $5,600 in 1992.  
Identifiable assets are $117,600, $70,900 and $69,300 at the end of 1994, 
1993 and 1992, respectively.

     Certain prior year amounts have been reclassified to conform with the 
current presentation.

CURRENT ASSETS

     Cash and equivalents are stated at cost, which approximates market.  
Included are highly liquid debt instruments with original maturities of three 
months or less.

     Short-term investments are debt instruments having original maturities 
of more than three months.  Approximately 80% are federal, state and local 
government obligations and $119,000 are due within one year.  The balance is 
due within two years and is available for sale.  The difference between 
carrying amounts and market is not material at January 1, 1995.


PROPERTY AND EQUIPMENT

     Properties are stated at cost and include expenditures for additions and 
major improvements.  Fully depreciated assets are eliminated from the 
accounts.  For financial reporting purposes, assets are depreciated over their 
estimated useful lives, principally by the straight-line method.

     The Company conducts its field operations primarily from leased 
facilities.  The following are future minimum lease commitments for the 
five-year period commencing in 1995:  $25,700, $19,600, $14,300, $9,300 and 
$5,800.  Lease expense for 1994, 1993, and 1992 amounted to $26,700, $24,900, 
and $24,400, respectively.


<PAGE>
                                    
<PAGE>
                                     -21-

                   NOTES TO FINANCIAL STATEMENTS (continued)
                    Kelly Services, Inc. and Subsidiaries
          (In thousands of dollars except share and per share items)


INTANGIBLES AND OTHER ASSETS

     Intangibles and other assets include $34,500, $17,900 and $12,100 of 
intangibles at year-end 1994, 1993 and 1992, respectively.  These intangible 
assets represent primarily the excess of cost over net assets of businesses 
acquired, amortized over periods not exceeding 40 years.  Other assets include 
deposits and cash values of life insurance on the lives of officers and key 
employees.

CAPITALIZATION AND STOCK SPLITS

     The authorized capital stock of the Company is 100,000,000 shares of 
Class A common stock and 10,000,000 shares of Class B common stock.  Class A 
shares have no voting rights and are not convertible.  Class B shares have 
voting rights and are convertible into Class A shares on a share-for-share 
basis at any time.  Both classes of stock have identical rights in the event 
of liquidation.

     In May 1993, the Board of Directors declared a five-for-four split of the 
Class A and Class B common stock.  At the same time, the stockholders approved 
an increase in the number of authorized Class A shares to 100,000,000, from 
50,000,000.  All per share and share data in the accompanying financial 
statements and notes have been restated to give effect to stock splits.

     Earnings per share are based on the average number of Class A and Class B 
common shares outstanding during the year.

PERFORMANCE INCENTIVE PLAN

     In May 1992, the stockholders approved the Performance Incentive Plan 
(the "Plan") to replace the Incentive Stock Option Plan which expired earlier 
that year.  Under the Plan, stock options (both incentive and nonqualified),  
Stock Appreciation Rights (SARs), restricted awards, and performance awards 
may be granted to key employees, utilizing the Company's Class A stock.  Stock 
options may not be granted at prices less than the fair market value on the 
date of grant, nor for a term to exceed 10 years.

     The Plan provides that the maximum number of shares available for grants 
is five percent of the outstanding Class A stock, adjusted for Plan activity 
over the preceding five years.

     During 1994, restricted awards totaling 53,000 shares were granted under 
the Plan and remain outstanding.  No SARs or performance awards were granted 
in 1994.


<PAGE>
                                    
<PAGE>
                                     -22-


                   NOTES TO FINANCIAL STATEMENTS (continued)
                    Kelly Services, Inc. and Subsidiaries
          (In thousands of dollars except share and per share items)


The combined 1994 activity under the two plans identified above is as follows:

                                           Number of           Exercise
                                            Class A           Price Range
     Activity                               Shares             Per Share
     -----------------------------         ---------        ---------------

     Outstanding at beginning 
       of year . . . . . . . . . .          455,358         $21.92 - $33.80
     Granted . . . . . . . . . . .          307,929         $24.50 - $30.25
     Exercised . . . . . . . . . .          (19,150)        $21.92 - $24.80
     Cancelled . . . . . . . . . .          (46,123)        $24.75 - $33.80
                                            --------
     Outstanding at end of year. .          698,014         $22.60 - $33.80
                                            ========

     At the end of 1994, 1,060,947 shares were available for future grants.

RETIREMENT BENEFITS

     The Company provides a qualified defined contribution plan covering 
substantially all full-time employees, except officers and certain other 
management employees.  Upon approval by the Board of Directors, a contribution 
based on eligible wages is funded annually.  The plan offers a savings feature 
with Company matching contributions.  Assets of this plan are held by an 
independent trustee for the sole benefit of participating employees.

     A nonqualified defined contribution plan is provided for officers and 
certain other management employees.  Upon approval by the Board of Directors, 
a contribution based on eligible wages is set aside annually.  This plan also 
includes provisions for salary deferrals and Company matching contributions.

     The total amounts provided for retirement benefits amounted to $3,916 in 
1994, $3,430 in 1993 and $3,365 in 1992.

INCOME TAXES

     In January 1993, the Company adopted Statement of Financial Accounting 
Standards No. 109, Accounting for Income Taxes.  Financial statements for 
prior years have not been restated and the cumulative effect of the accounting 
change was not material.


<PAGE>
                                    
<PAGE>
                                     -23-


                   NOTES TO FINANCIAL STATEMENTS (continued)
                     Kelly Services, Inc. and Subsidiaries
          (In thousands of dollars except share and per share items)


     The following summarizes the differences between income taxes for 
financial reporting purposes and the United States statutory tax rate for the 
years 1994, 1993 and 1992.

                                                 1994      1993      1992
                                                 ----      ----      ----

     Statutory rate . . . . . . . . . . . .      35.0%     35.0%     34.0%
     State and local taxes, net of
       federal benefit. . . . . . . . . . .       4.9       5.2       5.4
     Tax exempt income and other tax
       credits. . . . . . . . . . . . . . .      (2.2)     (2.6)     (4.1)
     Other. . . . . . . . . . . . . . . . .       0.3      (0.5)      0.4
                                                 -----     -----     -----

     Effective tax rate . . . . . . . . . .      38.0%     37.1%     35.7%
                                                 =====     =====     =====

     Deferred taxes are provided for the effect of temporary differences 
between financial and tax reporting.  These differences are related 
principally to depreciation, benefit plan costs and provision for workers' 
compensation claims.

     In 1992 the Internal Revenue Service (IRS) proposed the imposition of an 
accumulated earnings tax totaling $49 million for 1988, 1989 and 1990 in 
connection with an audit of the Company's consolidated federal tax liability.  
The proposed amount has been subsequently reduced to $11 million.  The Company 
believes there is no factual or legal basis for the imposition of any 
accumulated earnings tax and that the Company is fully justified in making 
provision to meet the present and future needs of its expanding business 
operations.  The Company is defending its position through the IRS appeal 
process and into the courts if necessary.  In the opinion of the Company, the 
ultimate resolution of this issue will not materially affect its financial 
statements.

     The Company paid income taxes of $43,300 in 1994, $34,800 in 1993 and 
$21,402 in 1992.

<PAGE>
                                            
<PAGE>
                                             -24-

<TABLE>

                           NOTES TO FINANCIAL STATEMENTS (continued)
                             Kelly Services, Inc. and Subsidiaries


SELECTED QUARTERLY FINANCIAL DATA (unaudited)

<CAPTION>
                               First         Second        Third         Fourth      
                              Quarter       Quarter       Quarter       Quarter         Year  
                              -------       -------       -------       -------      ----------
                                    (In thousands of dollars except per share items)
<S>                          <C>           <C>           <C>           <C>
Sales of services
  1994 . . . . . . . . .     $530,191      $570,813      $630,196      $631,361      $2,362,561
  1993 . . . . . . . . .      450,654       482,034       517,585       504,261       1,954,534
  1992 . . . . . . . . .      374,538       413,182       450,061       474,945       1,712,726

Cost of services
  1994 . . . . . . . . .      428,374       461,093       505,668       504,417       1,899,552
  1993 . . . . . . . . .      364,724       388,906       416,904       403,263       1,573,797
  1992 . . . . . . . . .      298,270       332,458       361,835       379,824       1,372,387

Selling, general and 
 administrative
  1994 . . . . . . . . .       88,424        88,111        95,070        99,657         371,262
  1993 . . . . . . . . .       77,196        79,178        79,541        80,923         316,838
  1992 . . . . . . . . .       69,440        69,965        72,843        76,866         289,114 

Net earnings
  1994 . . . . . . . . .        9,233        14,420        19,289        18,115          61,057
  1993 . . . . . . . . .        6,879        10,009        14,028        13,643          44,559
  1992 . . . . . . . . .        6,209         8,505        11,411        13,100          39,225

Earnings per share
  1994 . . . . . . . . .          .24           .38           .51           .48            1.61
  1993 . . . . . . . . .          .18           .27           .37           .36            1.18
  1992 . . . . . . . . .          .16           .23           .30           .35            1.04

Dividends per share
  1994 . . . . . . . . .         .160          .180          .180          .180            .700
  1993 . . . . . . . . .         .152          .160          .160          .160            .632
  1992 . . . . . . . . .         .144          .144          .144          .152            .584


</TABLE>



<PAGE>
                                                      
<PAGE>
                                                       -25-

<TABLE>


 
                                        SCHEDULE II - VALUATION RESERVES
                                       Kelly Services, Inc. and Subsidiaries
                                                  JANUARY 1, 1995
                                             (In thousands of dollars)    

<CAPTION>
                                                                  Additions
                                                          ------------------------
                                            Balance at                  Charged to    Deductions -
                                            beginning     Charged to      other       uncollectible    Balance at
                                              of year     costs and      accounts       accounts          end
                                                (B)        expenses        (A)             (B)           of year
                                            ----------    ----------    ----------    -------------    ----------
<S>                                         <C>           <C>           <C>           <C>              <C>
Description
-----------

Fifty-two weeks ended January 1, 1995:

  Reserve deducted in the balance sheet
   from the assets to which it applies -

     Allowance for doubtful accounts           $4,735        $4,005        $280          $3,360           $5,660
                                               ======        ======        ====          ======           ======
Fifty-two weeks ended January 2, 1994:

  Reserve deducted in the balance sheet
   from the assets to which it applies -

     Allowance for doubtful accounts           $3,325        $4,345         --           $2,935           $4,735
                                               ======        ======                      ======           ======

Fifty-three weeks ended January 3, 1993:

  Reserve deducted in the balance sheet
   from the assets to which it applies -
   
     Allowance for doubtful accounts           $2,730        $4,115         --           $3,520           $3,325
                                               ======        ======                      ======           ======

(A)  Allowance of companies acquired.
(B)  Certain amounts have been reclassified 
      to conform with the current presentation.

</TABLE>




<PAGE>
                                          
<PAGE>
                                           -26-

<TABLE>


                                     INDEX TO EXHIBITS
                                   REQUIRED BY ITEM 601,
                                      REGULATION S-K    
<CAPTION>

Exhibit
  No.                                 Description                                    Page
-------                               -----------                                    ----
<S>         <C>                                                                      <C>
   3.1      Certificate of Incorporation.  (Reference is made to Exhibit 3.2 
            to the Form 10-Q for the quarterly period ended October 3, 1993, 
            filed with the Commission in November, 1993, which is incorporated 
            herein by reference).

   3.2      By-laws.  (Reference is made to Exhibit 3.3 to the Form 10-Q for 
            the quarterly period ended October 3, 1993, filed with the 
            Commission in November, 1993, which is incorporated herein by 
            reference).

   4        Rights of security holders are defined in Articles Fourth, Fifth,
            Seventh, Eighth, Ninth, Tenth, Eleventh, Twelfth, Thirteenth, 
            Fourteenth and Fifteenth of the Certificate of Incorporation.  
            (Reference is made to Exhibit 3.2 to the Form 10-Q for the 
            quarterly period ended October 3, 1993, filed with the Commission 
            in November, 1993, which is incorporated herein by reference).

  10.1      Forms of Branch Office Agreements.  (Reference is made to Exhibit        
            13(a) to registrant's registration statement filed with the 
            Commission in October, 1961, which are incorporated herein by 
            reference).

   10.2     Short-Term Incentive Plan.  (Reference is made to Exhibit 10.3 to
            the Form 10-K for the fiscal year ended January 3, 1993, filed 
            with the Commission in March, 1993, which is incorporated herein
            by reference.)

   10.3     Kelly Services, Inc. 1982 Incentive Stock Option Plan.  (Reference
            is made to Exhibit 10.3 to the Form 10-K for the fiscal year 
            ended January 2, 1994, filed with the Commission in March, 1994,
            which is incorporated herein by reference.)

   10.4     Kelly Services, Inc. Performance Incentive Plan.  (Reference is 
            made to Appendix to the Definitive Proxy for the fiscal year ended 
            December 30, 1991, filed with the Commission in April, 1992, which 
            is incorporated herein by reference).

   11       Additional Earnings Per Share Information.                               1
                                                                               (Document 2)

   21       Subsidiaries of Registrant.                                              1
                                                                               (Document 3)

   23       Consent of Independent Accountants.                                      1
                                                                               (Document 4)

   24       Powers of Attorney.                                                      1
                                                                               (Document 5)

   27       Financial Data Schedule                                                  1
                                                                               (Document 6)

</TABLE>



<PAGE>




                                     
<PAGE>
                                       -1-

<TABLE>

                    ADDITIONAL EARNINGS PER SHARE INFORMATION

                      Kelly Services, Inc. and Subsidiaries



Details of the common shares used to compute earnings per share are as follows 
in thousands except per share items:
<CAPTION>

                                                        FISCAL YEAR ENDED
                                                -------------------------------
                                                Jan. 1,     Jan. 2,    Jan. 3,
                                                  1995        1994       1993
                                                --------    --------   --------
<S>                                             <C>         <C>        <C>
Weighted average shares outstanding               37,956      37,728     37,668

Adjustment for dilutive shares from stock
  options under the treasury stock method:
    Shares assumed issued                            431         473        188

    Less - Shares assumed repurchased                364         408        123
                                                 --------   ---------   --------

      Additional shares assumed outstanding           67          65         65
                                                 --------   ---------   --------

Applicable shares as adjusted                     38,023      37,793     37,733
                                                 ========   =========   ========


Net earnings                                     $61,057     $44,559    $39,225
                                                 ========    ========   ========

Earnings per common share                          $1.61       $1.18      $1.04
                                                   =====       =====      =====

Percent dilution of earnings per share              0.2%        0.2%       0.2%
                                                    ====        ====       ====

This calculation is submitted in accordance with Regulation S-K item 601(b)(11) 
although not required by footnote 2 to paragraph 14 of APB Opinion No. 15 because 
it results in dilution of less than 3%.

</TABLE>



<PAGE>




                                                   
<PAGE>
                                                     -1-
<TABLE>

                                         SUBSIDIARIES OF REGISTRANT

                                            Kelly Services, Inc.

<CAPTION>


                                                       State/Jurisdiction
                     Subsidiary                         of Incorporation            Business Name         
<S>                                                    <C>                  <C>
Kelly Services (Canada), Ltd.                          Canada               Kelly Temporary Services

Les Services Kelly (Quebec) Inc.                       Quebec               Les Services Kelly
  (a subsidiary of Kelly Services (Canada), Ltd.)

Lenore Simpson Personnel, Ltd.                         Ontario              Lenore Simpson Personnel
  (a subsidiary of Kelly Services (Canada), Ltd.)

Societe Services Kelly                                 Delaware             Kelly Services

Kelly Properties, Inc.                                 Michigan             Kelly Properties

Kelly Services (Ireland), Ltd.                         Delaware             Kelly Temporary Services
  (a subsidiary of Kelly Properties, Inc.)

Kelly Services (UK), Ltd.                              Delaware             Kelly Temporary Services
  (a subsidiary of Kelly Services (Ireland), Ltd.)

Kelly Assisted Living Services, Inc.                   Delaware             Kelly Assisted Living Services

Kelly Services (Australia), Ltd.                       Delaware             Kelly Temporary Services

Kelly Services (New Zealand), Ltd.                     Delaware             Kelly Temporary Services

Kelly Professional Services, Inc.                      Delaware             Kelly Professional Services

Kelly Professional Services (France), Inc.             Delaware             Kelly Professional Services

Kelly Services of Denmark, Inc.                        Delaware             Kelly Bemanningslosninger
                                                                            Karin Lanng Kelly

Kelly Services (Nederland), B.V.                       The Netherlands      Kelly
 Uitzendburo

Kelly Services Norge A.S.                              Norway               Kelly Personal Byraet
  (a subsidiary of Kelly Services (Nederland), B.V.)

Kelly de Mexico, S.A. de C.V.                          Mexico               Kelly Temporary Services

KSI Acquisition Corporation                            California           Your Staff
  
OK Personnel Service Holding SA                        Switzerland          OK Personnel

Kelly Pinpoint, Inc.                                   Delaware             Kelly PinPoint

/TABLE

<PAGE>


                                     
<PAGE>
                                       -1-


                       CONSENT OF INDEPENDENT ACCOUNTANTS



We hereby consent to the incorporation by reference in the Prospectus 
constituting part of the Registration Statements on Forms S-8 Number 2-85867, 
33-48782 and 33-51239 of Kelly Services, Inc. of our report dated February 1, 
1995, appearing on page 15 of this Annual Report on Form 10-K.



/s/ Price Waterhouse LLP
------------------------
Price Waterhouse LLP
Detroit, Michigan 
March 24, 1995


<PAGE>




                                   
<PAGE>
                                     -1-


                              POWER OF ATTORNEY


     The undersigned director of Kelly Services, Inc. does hereby appoint 
each of Eugene L. Hartwig and Robert F. Stoner, signing singly, his true and 
lawful attorneys, to execute for and on behalf of the undersigned the Form 
10-K Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange 
Act of 1934 for the fiscal year ended January 1, 1995, to be filed with the 
Securities and Exchange Commission in Washington, D.C. under the provisions 
of the Securities Exchange Act of 1934, as amended, and any and all 
amendments to said Form 10-K whether said amendments add to, delete from or 
otherwise alter the Form 10-K, or add to or withdraw any exhibit or exhibits, 
schedule or schedules to be filed therewith, and any and all instruments 
necessary or incidental in connection therewith, hereby granting unto said 
attorneys and each of them full power and authority to do and perform in the 
name and on behalf of each of the undersigned, and in any and all capacities, 
every act and thing whatsoever required or necessary to be done in the 
exercise of any of the rights and powers herein granted, as fully and to all 
intents and purposes as each of the undersigned might or could do in person, 
hereby ratifying and
 approving the acts of said attorneys and each of them.

     IN WITNESS WHEREOF the undersigned have caused this Power of Attorney to 
be executed as of this 15th day of February, 1995.




                                      /s/ William R. Kelly
                                      --------------------
                                          William R. Kelly


<PAGE>
                                   
<PAGE>
                                     -2-


                              POWER OF ATTORNEY


     Each of the undersigned directors of Kelly Services, Inc. does hereby 
appoint each of Eugene L. Hartwig and Robert F. Stoner, signing singly, his 
true and lawful attorneys, to execute for and on behalf of the undersigned 
the Form 10-K Annual Report pursuant to Section 13 or 15(d) of the Securities 
Exchange Act of 1934 for the fiscal year ended January 1, 1995, to be filed 
with the Securities and Exchange Commission in Washington, D.C. under the 
provisions of the Securities Exchange Act of 1934, as amended, and any and 
all amendments to said Form 10-K whether said amendments add to, delete from 
or otherwise alter the Form 10-K, or add to or withdraw any exhibit or 
exhibits, schedule or schedules to be filed therewith, and any and all 
instruments necessary or incidental in connection therewith, hereby granting 
unto said attorneys and each of them full power and authority to do and 
perform in the name and on behalf of each of the undersigned, and in any and 
all capacities, every act and thing whatsoever required or necessary to be 
done in the exercise of any of the rights and powers herein granted, as fully 
and to all intents and purposes as each of the undersigned might or could do 
in person, hereby ratifying and approving the acts of said attorneys and each 
of them.

     IN WITNESS WHEREOF the undersigned have caused this Power of Attorney to 
be executed as of this 15th day of February, 1995.



                                      /s/ Terence E. Adderley
                                      -----------------------
                                          Terence E. Adderley


                                      /s/ Cedric V. Fricke
                                      -----------------------
                                          Cedric V. Fricke


                                      /s/ Harold E. Guenther
                                      -----------------------
                                          Harold E. Guenther


                                      /s/ Verne G. Istock
                                      -----------------------
                                          Verne G. Istock


<PAGE>



<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE BALANCE SHEET AND STATEMENT OF EARNINGS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-01-1995
<PERIOD-END>                               JAN-01-1995
<CASH>                                          49,207
<SECURITIES>                                   142,723
<RECEIVABLES>                                  313,138
<ALLOWANCES>                                     5,660
<INVENTORY>                                          0
<CURRENT-ASSETS>                               526,426
<PP&E>                                         124,912
<DEPRECIATION>                                  54,731
<TOTAL-ASSETS>                                 642,098
<CURRENT-LIABILITIES>                          210,582
<BONDS>                                              0
<COMMON>                                        40,116
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     391,400
<TOTAL-LIABILITY-AND-EQUITY>                   642,098
<SALES>                                              0
<TOTAL-REVENUES>                             2,362,561
<CGS>                                                0
<TOTAL-COSTS>                                1,899,552
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 98,457
<INCOME-TAX>                                    37,400
<INCOME-CONTINUING>                             61,057
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    61,057
<EPS-PRIMARY>                                     1.61
<EPS-DILUTED>                                        0
        

</TABLE>