| Business Summary | | ProBusiness
Services,
Inc.
is
a
leading
provider
of
comprehensive
outsourced
administrative
services
for
large
employers
nationwide.
The
Company's
primary
service
offerings
are
payroll
processing,
payroll
tax
filing,
benefits
administration
services,
human
resources
software,
Shared
Services
and
Web-based
self-service.
The
Company's
proprietary
PC-based
payroll
system
offers
the
cost-effective
benefits
of
outsourcing
and
high
levels
of
client
service,
while
providing
the
flexibility,
control,
customization
and
integration
of
an
in-house
system.
As
of
June
30,
2000,
ProBusiness
provided
services
to
approximately
2,000
clients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRBZ
provides
employee
administrative
services
for
large
employers.
The
Company's
primary
service
offerings
are
payroll
processing,
payroll
tax
filing,
benefits
administrative
services,
human
resources
software
and
self-service
applications.
For
the
fiscal
year
ended
6/30/01,
revenues
rose
44%
to
$149.9
million.
Net
loss
before
acct.
change
rose
from
$13.9
million
to
$33.6
million.
Results
reflect
higher
number
and
average
size
of
clients,
offset
by
higher
operating
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Sinton, 52 Chairman,
Pres, CEO | $422K | -- | Steven Klei, 40 Exec.
VP-Fin., CFO, Sec. | 327K | $359K | Jeffrey Bizzack, 40 Exec.
VP, Sales and Services | 390K | -- | Jerry Blalock, 51 Exec.
VP and Group Gen. Mang. | 402K | -- | Diane Shelgren Exec.
VP, Enterprise Services | -- | -- | Dollar
amounts are as of 30-June-2000 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
|
|