TriNet Group Inc (TriNet) is a professional employer organization. The company offers bundled human resources (HR) solutions for small to mid-sized businesses. TriNet’s service portfolio includes multi-state payroll processing, HR expertise, risk mitigation, tax administration, workers compensation programs, employee benefits programs, and expense management. It also provides services such as consulting services, retirement planning, and talent management. Its solutions enable clients to outsource HR functions to one strategic partner. TriNet offers to various industries including the technology, professional services, financial services, life sciences, not-for-profit, property management, retail, manufacturing, and hospitality. TriNet is headquartered in Dublin, California, the US.
Headquarters
United States of America
Address
Suite 600, One Park Place, Dublin, California, 94568
Website
www.trinet.com
Telephone
1 510 3525000
No of Employees
3,600
Industry
Business and Consumer Services
Ticker Symbol & Exchange
TNET (NYSE)
Revenue (2022)
$4.9B
0.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
5.6%
(2022 vs 2021)
Market Cap*
$6.4B
Net Profit Margin (2022)
XYZ
4.8%
(2022 vs 2021)
* As of and is in US$
TriNet Group Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Multi-State Payroll Processing and Tax Administration |
| Employee Benefits Programs |
| Workers Compensation Programs |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In December, the company launched its redesigned website. |
| 2023 | Contracts/Agreements | In October, the company announced a collaboration with Healthee to provide customer with access to Healthee's solutions. |
| 2023 | Contracts/Agreements | In September, the company entered into partnership to adapt to the evolving needs of its customers in an increasingly distributed and agile business environment. |
Competitor Comparison
| Key Parameters | TriNet Group Inc | Automatic Data Processing Inc | Insperity Inc | Paychex Inc | Barrett Business Services Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Dublin | Roseland | Kingwood | Rochester | Vancouver |
| State/Province | California | New Jersey | Texas | New York | Washington |
| No. of Employees | 3,600 | 63,000 | 4,400 | 16,600 | 130,513 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David C Hodgson | Chairman | Executive Board | 2018 | 67 |
| Michael Q Simonds | President; Director; Chief Executive Officer | Executive Board | 2024 | 50 |
| Kelly Tuminelli | Executive Vice President - Finance; Chief Financial Officer | Senior Management | 2020 | 55 |
| Michael Mendenhall | Chief Communications Officer; Senior Vice President; Chief Marketing Officer | Senior Management | 2018 | - |
| Samantha Wellington | Chief Legal Officer; Secretary; Executive Vice President | Senior Management | 2022 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer