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Administaff, Inc. (ASF) is “One to Watch”

Houston-based Administaff (ASF:NYSE) is the nation’s leading professional employer organization. The company serves as a full-service human resources department for thousands of small and medium-sized businesses throughout the United States. Administaff is included on Fortune’s list of America’s Most Admired Companies and the InformationWeek 500 list of leading information technology innovators.

Administaff delivers its personnel management services by entering into a co-employment relationship with a client company and the client company’s existing employees, including the business owner. Under this arrangement, Administaff assumes or shares many of the responsibilities of being an employer. Administaff essentially handles the human resources function for their client companies. In addition, Administaff provides the client company and their employees with a wide array of value-added benefits and services not typically available at small businesses.

Some of the core services that Administaff provides to their client companies include: employment administration, government compliance, benefits management, performance management, employer liability management, recruiting and selection, training and development, and business services.

Administaff targets growth-oriented firms with 10 – 2,000 employees and relatively small workers’ compensation and unemployment risks. The company currently has more than 6,000 clients and it administers to more than 115,000 worksite employees. Most of Administaff’s clients are in white collar or in skilled blue collar industries such as: technology, engineering, real estate, accounting, banking, insurance, legal, medical services, and light manufacturing.

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