The Tampa Bay Business Observer has a great story about the new management team at Progressive Employer Services in Sarasota, Florida. It seems that once an executive gets a taste for the PEO industry, it is to hard shake.
Progressive handles payroll, workers’ compensation, employee benefits and human resource services for a variety of businesses, mostly companies with five to 25 employees. The firm had $74 million in revenues in 2013, up 8.8% from 2012, when it had $68 million.
Burgess says the firm’s clients are “blue collar and gray collar, with a smattering of white collar.” That covers construction, hospitality and service sectors. Progressive’s geographic targets stretch from Florida to the Carolinas to Texas, and most of the states in between. The firm, in total, oversees around 40,000 worksite employees — a figure Burgess would like to see hit 75,000 by 2019.
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