TriNet Group, Inc.

TriNet is a professional employer organization (PEO) that handles the full HR back-office for small and mid-size companies: multi-state payroll and tax filings, employee health insurance and retirement plans, workers' comp insurance and claims, compliance with employment law, and an online platform for employee onboarding, time tracking, performance reviews and benefits enrollment [Yahoo Finance]. Clients in technology, financial services, life sciences and other sectors use TriNet to offload HR administration so they can focus on their core business [Yahoo Finance].

TriNet Group provides comprehensive human resources outsourcing services — payroll, benefits, compliance, workers' compensation — to small and medium-sized businesses across the United States [Yahoo Finance]. The company manages HR for over 300,000 employees and sells through a direct sales force, serving technology, professional services, financial services, life sciences and non-profit clients [Yahoo Finance]. Recent news centers on a $0.29 quarterly dividend declared for October, yielding 1.7% annually [Pr Newswire].

TriNet is financially healthy with solid free cash flow and moderate leverage, though trailing-twelve-month revenue of $4.8B reflects a recent quarterly contraction [Yahoo Finance] [Sentinellis calculation].