Trinet Group Inc logo

Trinet Group Inc

1
NYSE:TNET (USA)   Ordinary Shares
$ 127.11 +1.46 (+1.16%) 11:08 PM EST
19.59
P/B:
82.54
Volume:
191.50K
Avg Vol (2M):
247.34K
Also Trade In:
Volume:
191.50K
Avg Vol (2M):
247.34K

Business Description

Trinet Group Inc logo
Trinet Group Inc
NAICS : 561330 SIC : 7361
ISIN : US8962881079

Share Class Description:

TNET: Ordinary Shares
Description
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.