Barrett Business Services, Inc. provides business management solutions for small and medium-sized companies in the United States. Services The company offers two categories of services, professional employer services (PEO) and staffing. PEO: The company enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers’ compensation coverage and certain other administrative functions for the client’s existing workforce. The client maintains physical care, custody and control of their workforce, including the authority to hire and terminate employees. Staffing and Recruiting: The company’s staffing services include on-demand or short-term staffing assignments, contract staffing, long-term or indefinite-term on-site management, and direct placement. Its recruiting experts maintain a deep network of professionals from which the company sources candidates. Through an assessment process, the company gains an understanding of the short-and long-term needs of its clients, allowing it to identify and source the right talent for each position. The company then conducts a rigorous screening process to help ensure a successful hire. Business Strategy The company’s strategy is to align local operations teams with the mission of small and mid-sized business owners, driving value to their business. To do so, the company partners with business owners to leverage their investment in human capital through a high-touch, results-oriented approach; brings predictability to each client organization through a three-tiered management platform; and enables business owners to focus on their core business by reducing organizational complexity and maximizing productivity. Customers The company has client services agreements with a range of customers, including among others, electronics manufacturers, various light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processing, telecommunications, public utilities, general contractors in various construction-related fields, and professional services firms. During 2014, the company served approximately 3,600 PEO clients. Competition The company’s competitors include Automatic Data Processing, Inc.; Manpower, Inc.; Kelly Services, Inc.; Insperity, Inc.; TriNet; and Paychex, Inc. History Barrett Business Services, Inc. was founded in 1965. The company was incorporated in the state of Maryland in 1965.
barrett business svcs inc
(BBSI:Consolidated Issue Listed on NASDAQ Global Select )
8100 NE Parkway Drive
Vancouver, WA 98662
|CDI Corp||$12.98 USD||+0.01|
|Insperity Inc||$51.41 USD||+0.68|
|Kelly Services Inc||$15.59 USD||-0.06|
|TriNet Group Inc||$25.78 USD||+0.16|
|Trucept Inc||$0.0034 USD||0.00|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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