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What is a PEO?

Saturday August 02, 2008

Professional employer organizations (PEOs) enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers’ compensation. PEO clients focus on their core competencies to maintain and grow their bottom line.

Businesses today need help managing increasingly complex employee related matters such as health benefits, workers’ compensation claims, payroll, payroll tax compliance, and unemployment insurance claims. They contract with a PEO to assume these responsibilities and provide expertise in human resources management. This allows the PEO client to concentrate on the operational and revenue-producing side of its operations.

ADP posts 20 percent increase in 4th-quarter profit

Friday August 01, 2008

ROSELAND, New Jersey— Automatic Data Processing, Inc. (NYSE:ADP) reported 12.5% revenue growth to $8.78 billion for the fiscal year ended June 30, 2008, Gary C. Butler, president and chief executive officer, announced July 31st, 2008. Revenue growth benefited 2% from favorable foreign exchange rates during the year. Excluding the current and prior year gains noted above, diluted earnings per share from continuing operations grew 21% from $1.80 to $2.18.

Administaff 2nd-quarter net off 19%, revenue up 12%

Friday August 01, 2008

NEW YORK (MarketWatch)—Administaff Inc., (ASF) the Houston provider of human-resources services for small and medium-sized businesses, reported on Friday that second-quarter net income fell 19% on 12% higher revenue. Net fell to $11 million, or 43 cents a share, from $13.6 million, or 50 cents, in the year-earlier period. Shares outstanding fell 6.3% to 25.8 million. Revenue reached $420.5 million from $376.8 million. Gross profit rose 7.1% to $84.1 million from $78.5 million. The year-ago figure included $3.3 million credit negotiated under a contract with UnitedHealthcare.

Excluding the credit, gross profit rose 11.8%. Operating expense for the quarter rose 14% to $68.5 million, reflecting costs of a sales-expansion program and other matters, Administaff said

Professional Employer and Marketplace 2008 Debuts Stellar Line Up of Top Notch Innovators

Friday August 01, 2008

NAPEO Presents it’s Line Up of Keynotes for Marketplace 2008 - The Mechanics of Innovation!

One of the most sought after authors and speakers on the circuit – Michael Treacy, the best-selling author of Double Digit Growth will be at NAPEO’s Professional Employer and Marketplace 2008 to offer PEOs an in-depth look at the 5 strategies that create sustainable growth.

Jott your way down the highway…texting while you drive!

Thursday July 31, 2008

A few weeks ago I blogged about Jott.  I have since become addicted, typically I’ll find myself sending Jott’s throughout the day. 

What’s so great about Jott?  Jott allows you to text or email via voice recognition from your phone to individuals or groups that you set up on your Jott account.  It’s simple, set up an account on Jott (www.jott.com) you define individuals and/or groups that you will want to Jott, your jot account and service are FREE.  Once you have your account setup you simply call in to Jott, the system answers as asks, “Who do you want to Jott?” you respond with the name of the individual and/or group, it allows you up to a 30 second note, converts your voice to text, and either sends a text message or email, or both.  The email message actually include a link that has your voice message attached to it.

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