Barrett Business Services (NASDAQ:BBSI) operates as a professional employer organization (PEO) and staffing services company, offering a comprehensive suite of human resources outsourcing solutions. Through its two primary business segments—Human Capital Management (HCM) and Staffing—BBSI provides services that include payroll administration, employee benefits management, workers’ compensation, risk and safety management, and compliance support. The company’s staffing division focuses on recruiting and placing workers in light industrial, skilled trades, and technical roles, leveraging its industry expertise to meet client-specific workforce needs.
In its HCM segment, Barrett Business Services functions as a co-employer with its clients, assuming certain employer responsibilities while enabling businesses to outsource critical HR functions. This model allows small and mid-sized firms to offer competitive benefits packages and access advanced HR systems without building in-house infrastructure. The company’s technology platform integrates timekeeping, reporting, and analytics tools, supporting real-time decision-making and operational efficiency for client organizations.
Founded in 1962 and headquartered in Irvine, California, BBSI has expanded operations across the United States, serving more than 1,200 clients through a network of regional offices. Over its six-decade history, Barrett Business Services has built a reputation for tailored service delivery and industry-specific expertise, particularly in manufacturing, construction, distribution, and transportation sectors. The company’s national footprint enables it to address localized labor markets and regulatory environments while maintaining consistent service standards.
Leadership at BBSI includes President and Chief Executive Officer Jeff Jacobs, who brings extensive experience in workforce solutions and strategic management. The company’s governance is further guided by Executive Chairman and founder Frank Barrett, whose vision and commitment to personalized customer service have shaped the firm’s client-centric culture. Together, this leadership team drives BBSI’s focus on sustainable growth, risk mitigation, and enhanced workforce productivity for its diverse client base.