BBSI

Barrett Business Services, Inc. is a leading provider of business management solutions for small and mid-sized companies, specializing in professional employer organization (PEO) services and staffing solutions. Founded in 1972 and headquartered in Vancouver, Washington, BBSI operates through a network of branch offices across the United States, serving thousands of client companies and site employees. The company's integrated service model combines human resource management, employee benefits administration, risk management, workplace safety programs, and staffing services. Through its PEO services, BBSI enters into co-employment relationships with client companies, assuming responsibility for payroll, payroll tax compliance, employee benefits, workers' compensation coverage, workplace safety, and human resource administration. This allows small and mid-sized businesses to outsource complex employment-related functions, reduce administrative burdens, and gain access to enterprise-level benefits and risk management programs typically available only to larger companies. BBSI's staffing division provides temporary and permanent placement services across various industries including light industrial, clerical, technical, and professional positions. The company differentiates itself through a consultative approach, providing on-site business advisors who work closely with clients to address operational challenges and implement best practices. BBSI has established strong risk management capabilities, including workplace safety programs that help clients reduce accidents, workers' compensation costs, and regulatory compliance issues. The company generates recurring revenue through service fees based on the payroll of covered employees and gross margin from staffing placements, creating a stable and scalable business model.