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Administaff 3Q profit outlook tops Street forecast

Friday October 17, 2008

HOUSTON - Administaff Inc. on Friday forecast third-quarter profit slightly above Wall Street expectations, as the staffing firm raised its outlook for how much profit it generates for each employee it places at work sites, even amid a difficult economic environment.

Administaff expects earnings of 46 cents per share for the quarter ended Sept. 30, above the average estimate of 44 cents per share forecast by analysts surveyed by Thomson Reuters. Administaff projects revenue of $422 million, up 10 percent from a year ago, but shy of analysts’ consensus forecast of $427 million.

Politics and the water cooler

Thursday October 16, 2008

How to manage election year conversations in the workplace
October 2008 by Jennifer Stone

With the Republican and Democratic nominating conventions over and the race for president hitting the home stretch, political chatter is bound to heat up.

And that’s especially true in the workplace, which was once considered off limits for such discussions.

A recent survey by the American Management Association shows that 39 percent of employees are quite comfortable about sharing their political views with their co-workers. But not all appreciate their candor. The same survey also found that 35 percent of workers are less than thrilled with political talk at the office.

Administaff promotes Deanna Hagan to District Manager of New York Office

Wednesday October 15, 2008

NEW YORK – Administaff, Inc. (NYSE: ASF), a leading provider of human resources services for small and medium-sized businesses, today announced the promotion of Deanna Hagan to district manager for one of its New York sales offices. Hagan will be responsible for helping to direct the sales efforts in New York and Connecticut.

“Deanna has outstanding experience in management and sales, and a strong ability to communicate Administaff’s message and services to our key audiences,” said Marty Scirratt, Administaff senior vice president of sales. “Her promotion to district manager will help to further Administaff’s expansion goals in the New York market.”

Astra HR Appoints Scott Cherry as New Director of Sales

Tuesday October 14, 2008

Astra HR Appoints Scott Cherry as New Director of Sales, New Sales Director Brings Extensive Experience in HR Outsourcing and Consulting

Astra HR, a leader in providing innovative outsourced human resource management solutions, today announced the appointment of Scott Cherry as the company’s new Director of Sales. Joining Astra HR at a critical stage in which the company’s recognition as an industry leader is accelerating, Cherry will lead the effort to drive sales taking Astra HR to the next level as a national leader in the Professional Employer Organization (PEO) and Human Resources Outsourcing (HRO) industry.

Rockville, MD—Astra HR, a leader in providing innovative outsourced human resource management solutions, today announced the appointment of Scott Cherry as the company’s new Director of Sales. Joining Astra HR at a critical stage in which the company’s recognition as an industry leader is accelerating, Cherry will lead the effort to drive sales taking Astra HR to the next level as a national leader in the Professional Employer Organization (PEO) and Human Resources Outsourcing (HRO) industry. 

When even pawn shops can’t go public

Saturday October 11, 2008

Adding to the woeful performance of the market for IPOs this year, five more companies pulled plans to brave the U.S. exchanges this week and not a single IPO priced anywhere in the world, including the PEO - Professional Employer Organization - SOI Holdings.

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