Insperity, Inc.

Insperity handles the payroll so you don't have to. The company provides an array of human resources services to small and midsized companies (employing between 10 to 2,000 workers) in the US. As a PEO (professional employer organization), Insperity offers payroll and benefits administration, workers' compensation programs, and personnel records management through its flagship Workforce Optimization product. It also offers what it calls "adjacent businesses" that include performance and expense management, employment screening, recruiting, and organizational planning services. Most of its client companies are engaged in the administration, financial, manufacturing, and computer services industries.

Geographic Reach

Insperity has nearly 50 Workforce Optimization sales offices serving about 25 US markets. Its business in Texas accounts for 26% of Workforce Optimization sales, while California represents its second-largest market, accounting for 18%. The company's long-term strategy is to operate approximately 90 sales offices in 40 markets.

Sales and Marketing

Insperity markets its services through various business promotions and a broad range of media outlets, such as television, radio, newspapers, periodicals, direct mail, and the Internet.

Financial Performance

Insperity's revenue increase by 5% in fiscal 2013 compared to the previous year. The spike was due to a 2.9%, or $42 increase in revenues per worksite employee per month and a 1.5% increase in the average number of worksite employees paid per month.

The company's net income decreased by 21% in fiscal 2013 compared to fiscal 2012 as a result of increased expenses. Cash flow also decreased significantly during fiscal 2013, largely caused by insurance premium expenses.

Strategy

Insperity works hard to make its products "best-in-class" as a way to differentiate itself from competitors. Throughout 2012 and 2013 Insperity launched additional Software-as-a-Service (SaaS) products designed to help with payroll processing and expense management.

▲ Show Less▼ Show Full Description


Insperity, Inc.


19001 Crescent Springs Dr
Kingwood, TX 77339-3802
Phone: 1 (281) 358-8986
Fax: 1 (281) 3483708
www.insperity.com

STATS


  • Employer Type: Public
  • Stock Symbol: NSP
  • Stock Exchange: NYSE
  • Chairman and CEO: Paul Sarvadi
  • President: Richard Rawson
  • Chairman and CEO: Paul Sarvadi

Major Office Locations

  • Kingwood, TX

Career Update Newsletter

Tips and tools to help you manage your ideal career.