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Human Resources Company: Barrett Business Services (BBSI) (1965)

Barrett Business Services Inc. (NASDAQ: BBSI) was founded in 1965 and is headquartered in Vancouver, Washington, USA. It has 122,958 full-time employees. It is a company that provides business management solutions and human resources services for small and medium-sized enterprises in the United States. s company.

Barrett Business Services Inc BBSI Logo

Barrett Business Services (BBSI):

Barrett Business Services provides companies with human resources and professional management consulting services. The service items include payroll processing, employee benefits and management, worker claims, etc., providing effective risk management, workplace safety and human management.

Barrett Business Services has developed a management platform that combines the knowledge methods of the management consulting industry with the tools of the human resource outsourcing industry.

Barrett Business Services provides professional employer services. According to the service, it signs a customer service agreement, establishes a joint employment relationship with each client company, and undertakes wages, wage taxes, workers’ compensation scope and other management functions of the client’s existing employees.

Barrett Business Services also provides staffing and recruitment services, such as on-demand or short-term staffing, contract staffing, direct placement, and long-term or indefinite on-site management services.

Barrett Business Services provides services to electronics manufacturers, various light industry manufacturing companies, agricultural companies, transportation and shipping companies, food processing companies, telecommunications companies, public utilities, general contractors in various construction-related fields, and professional service companies.

Barrett Business Services (BBSI) stock price changes:

On March 9, 2016, Barrett Business Services (BBSI) disclosed that it will revise the previously released annual financial reports for 2012, 2013 and 2014, as well as two quarterly reports with deadlines of March 31 and June 30. . In addition, the company also disclosed that its former financial director James D. Miller admitted to accounting for unverified journals in each quarter of 2013 and has applied for resignation. Affected by this adverse information, the stock price plummeted by 33.3% on March 10, 2016, causing serious losses for investors.

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