| Business Summary | | Administaff,
Inc.
is
a
professional
employer
organization
(PEO)
that
provides
a
comprehensive
Personnel
Management
System
encompassing
a
broad
range
of
services,
including
benefits
and
payroll
administration,
health
and
workers'
compensation
insurance
programs,
personnel
records
management,
employer
liability
management,
employee
recruiting
and
selection,
performance
management
and
training
and
development
services.
The
Company's
Personnel
Management
System
is
designed
to
improve
the
productivity
and
profitability
of
small
and
medium-sized
businesses.
The
Company
provides
the
Personnel
Management
System
by
entering
into
a
Client
Services
Agreement
(CSA),
which
establishes
a
three-party
relationship
whereby
the
Company
and
client
act
as
co-employers
of
the
employees
who
work
at
the
client's
location
(worksite
employees). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ASF
provides
a
comprehensive
Personnel
Management
System
which
encompasses
services
such
as
benefits
and
payroll
administration,
employee
recruiting
and
selection,
performance
management
and
training
and
development
services.
For
the
six
months
ended
6/30/01,
sales
rose
29%
to
$2.09
billion.
Net
loss
totaled
$563
thousand
vs.
an
income
of
$329
thousand.
Results
reflect
an
increase
in
the
average
number
of
worksite
employees
paid
per
month
offset
by
higher
personnel,
rent
and
travel
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Paul Sarvadi, 43 Pres,
CEO | $352K | -- | Richard Rawson, 51 Exec.
VP - Admin., CFO, Treasurer | 426K | -- | Jay Mincks, 47 Exec.
VP of Sales and Marketing | 266K | -- | A. Steve Arizpe, 42 Exec.
VP - Client Services | 308K | $27K | Douglas Sharp, 38 VP-Fin.,
Controller | -- | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|