# BBSI (Barrett Business Services, Inc.)

> BBSI (Barrett Business Services, Inc.) is a nationwide Professional Employer Organization that becomes the co-employer of record for roughly 8,000 small and mid-sized businesses. Through 50-plus local branches it takes over payroll, workers' compensation, HR, benefits, safety, and staffing - the back-office weight that quietly sinks growing companies - while pairing each client with an in-person team rather than a call center. Founded in 1951 and publicly traded on NASDAQ, BBSI generated roughly $1.24 billion in revenue in 2024.

- **Founded:** 1951
- **Headquarters:** Vancouver, Washington, United States
- **Founders:** William W. Sherertz (Owner and longtime CEO/Chairman (acquired the company in 1963, incorporated 1965))
- **Team size:** ~900 consultants / internal staff; provides employment services covering a very large worksite-employee base across 8,000 clients
- **Products:** PEO Services (co-employment), Payroll & Payroll Tax Administration, Workers' Compensation, Human Resources Outsourcing, BBSI Benefits
- **Notable:** Over 75 years in business, tracing origins to 1951., IPO on NASDAQ in 1993 (ticker: BBSI)., Grew to serve roughly 8,000 clients through 50+ local branches.

## Products & services

- **PEO Services (co-employment)** — Comprehensive co-employment model that makes BBSI the employer-of-record for payroll, taxes, HR, and workers' compensation, letting owners offload back-office responsibility.
- **Payroll & Payroll Tax Administration** — Full-service payroll processing, timekeeping, and payroll tax filing.
- **Workers' Compensation** — Workers' comp coverage, claims management, and safety programs that reduce risk and cost.
- **Human Resources Outsourcing** — HR consulting, employee relations, onboarding, compliance, and dedicated HR consultants.
- **BBSI Benefits** — Health insurance, employee benefits administration, and multi-employer 401(k) retirement plans.
- **Risk & Safety Consulting** — Local risk consultants, industry-specific safety protocols, and workplace safety training.
- **Staffing & Recruiting** — Talent acquisition, staffing services, and recruitment process management through local branches.
- **myBBSI HR Technology Platform** — HRIS and self-service technology platform for payroll, timekeeping, and workforce management.

## Achievements

- Over 75 years in business, tracing origins to 1951.
- IPO on NASDAQ in 1993 (ticker: BBSI).
- Grew to serve roughly 8,000 clients through 50+ local branches.
- Reported approximately $1.24 billion in revenue for fiscal year 2024, with Q4 2024 revenue up 10% year over year to $304.8 million.
- ESAC-accredited and SOC 1 certified.
- Reported net income of $16.8 million in Q4 2024.

## Latest updates

- **2025-02** — BBSI reported full-year 2024 revenue of roughly $1.24 billion, with Q4 revenue up 10% year over year to $304.8 million and net income of $16.8 million for the quarter.
- **2024-01** — Continued expansion of BBSI Benefits health offering drove a strong year-end selling season and record worksite-employee additions from new clients.

## Links

- Website: https://www.bbsi.com
- LinkedIn: https://www.linkedin.com/company/bbsi
- Twitter/X: https://twitter.com/bbsi
- YouTube: https://www.youtube.com/user/BBSICorporate
- Instagram: https://www.instagram.com/bbsi_peo
- Facebook: https://facebook.com/bbsicom

---

Profile page: https://yespress.io/bbsi
Published by YesPress — https://yespress.io
Last updated: 2026-08-13