Advanstaff Revenue and Competitors

Started in 1992, AdvanStaff Inc, has established itself as Nevada's most prestigious Professional Employer Organization. AdvanStaff brings the small to medium sized business the personnel and system expertise previously only affordable by large, Fortune 500 companies. Whether the need is in the area of employee benefits, human resource consulting, payroll processing, risk management, employee management systems, or all of the above, AdvanStaff offers a cost effective solution that will increase efficiency, improve operations, lower employee turnover, and allow the business to focus on revenue producing activities, thus increasing the value of the business. The Professional Employer Organization, or as it is more popularly called "employee leasing," is gaining a foothold as the business owner's employee administrative edge. This concept has demonstrated a strong appeal to small and mid-sized business because it improves employee benefits, lowers employee overhead costs and reduces the burden of employee paperwork. It is a new area of personnel specialization coming out of the explosion of federal, state, and local regulations. The same concepts are attractive to many large businesses for many of the same reasons. In this case, leasing often reduces labor costs, broadens management choices and provides greater flexibility to employees. Because of the ever-increasing burdens required of an employer, it is not surprising that the growth of Professional Employer Organization services is one of the fastest growing industries in the U.S. today. The idea of a Professional Employer or "employee leasing" is not new. One of the largest subscribers of these services is the General Services Administration in the federal sector. It is said that as many as 25% of today's labor force is being leased or employed in a Professional Employer relationship. One of the interesting features of leasing employees is the fact that a Professional Employer may have a greater legal obligation to the employees on their payroll because of federal wage and hour laws (i.e. the Fair Labor Standards Act), than the subscriber to the service. Yet it is economics between the subscriber and the Professional Employer that firmly bind the relationship.