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TriNet to Participate at Upcoming Conferences
Prnewswire· 2025-11-17 13:00
Accessibility StatementSkip Navigation DUBLIN, Calif., Nov. 17, 2025 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources À solutions for small and medium-size businesses (SMBs), today announced that its President and CEO, Mike Simonds, will present and participate at the following two conferences: A live webcast and replay of the J.P. Morgan 2025 Ultimate Services Investor Conference session will be available on the Investor Relations section of the TriNet website at inv ...
TriNet Unveils 2025 State of the Workplace Report
Prnewswire· 2025-11-10 14:15
Core Insights - The TriNet 2025 State of the Workplace report highlights significant changes in employee engagement, AI adoption, workplace flexibility, and benefits within small and medium-sized businesses (SMBs) in the U.S. [2][4] Employee Engagement - Employee engagement is perceived to be increasing, with 47% of employers believing employees are "extremely engaged," a rise of 10 percentage points from 37% in 2024. However, only one-third of Gen Z employees share this sentiment, indicating a disconnect between employer perceptions and employee realities [5]. Workplace Flexibility - The trend towards workplace flexibility is evident, with 26% of employers favoring three days in the office, up from 21%. In contrast, only 14% of employees agree with this arrangement, suggesting a need for better alignment on flexible work policies [5]. Skills Gap - There is a growing talent readiness gap, as 46% of employers believe their workers possess the necessary skills, while only 49% of employees agree, down from 59% in 2024. This indicates a widening disconnect in perceived workforce capabilities [5]. AI Adoption - AI usage in HR is becoming mainstream, with 94% of employers and 84% of employees reporting its use. However, there is a slight pullback in sensitive areas like offboarding and training, where human context is still deemed essential [5]. Mental Health Support - Recognition of mental health support is increasing, with the percentage of employers considering it "extremely important" rising to 37% from 28%. This reflects a growing prioritization of mental health in workplace benefits [5]. Fertility Coverage - Fertility coverage is gaining importance, with employer ratings for "extremely" and "moderately important" climbing to 29% and 31%, respectively. Employee indifference towards this benefit has decreased from 31% to 19% [5]. Childcare Assistance - There is a notable alignment between employers and employees regarding childcare assistance, with both sides showing increased support. Employers have raised their "extremely important" and "somewhat important" ratings, while employee responses indicating "not at all important" have nearly halved [5]. Employee Discounts - The importance of employee discounts has seen a shared increase, with employers' "extremely important" ratings rising to 32% from 27%, and employees' "moderately important" responses increasing to 36% from 29% [5].
TriNet Appoints Mala Murthy as Chief Financial Officer, Succeeding Kelly Tuminelli
Prnewswire· 2025-10-29 11:05
Core Insights - TriNet announced the appointment of Mala Murthy as the new Executive Vice President and Chief Financial Officer, effective November 28, 2025, succeeding Kelly Tuminelli [1][2][3] - Murthy brings extensive experience from her previous roles, including CFO at Teladoc Health and senior positions at American Express and PepsiCo, indicating a strong background in financial strategy and capital allocation [2][3] - The leadership transition is expected to enhance TriNet's growth opportunities, particularly in providing HR solutions for small and medium-sized businesses (SMBs) [3] Company Overview - TriNet is a leading provider of comprehensive human resources solutions tailored for small and medium-sized businesses, offering services such as employee benefits, payroll administration, risk mitigation, and compliance consulting [3] - The company's long-term objective is to become the premier provider of HR services for a diverse range of SMBs through industry-leading benefits and a world-class service delivery model [3]
TriNet Announces Third Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
Prnewswire· 2025-10-29 11:00
Accessibility StatementSkip Navigation DUBLIN, Calif., Oct. 29, 2025 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced financial results for the third quarter ended September 30, 2025. The third quarter highlights below include non-GAAP financial measures which are reconciled later in this release. "After our strong third quarter financial performance, we are now tracking tow ...
TriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
Prnewswire· 2025-07-25 12:00
Core Viewpoint - TriNet Group, Inc. reported its second quarter financial results for 2025, indicating stable performance in line with forecasts and reaffirming full-year guidance despite a challenging business environment [2][3]. Financial Performance - Total revenues for the second quarter were $1.2 billion, remaining flat compared to the same period last year [7]. - Professional service revenues decreased by 8% to $172 million year-over-year [7]. - Net income was $37 million, or $0.77 per diluted share, down from $60 million, or $1.20 per diluted share, in the same period last year [7]. - Adjusted Net Income was $55 million, or $1.15 per diluted share, compared to $78 million, or $1.53 per diluted share, in the same period last year [7]. - Adjusted EBITDA was $105 million, representing an Adjusted EBITDA Margin of 8.5%, down from $136 million and 10.9% in the same period last year [7]. Full-Year 2025 Guidance - The company reiterated its full-year 2025 guidance, projecting total revenues between $4.95 billion and $5.14 billion [4]. - Professional service revenues are expected to be between $700 million and $730 million [4]. - The Insurance Cost Ratio is projected to be between 90% and 92% [4]. - Adjusted EBITDA Margin is expected to range from 7% to 9% [4]. - Diluted net income per share is forecasted to be between $1.90 and $3.40, while Adjusted Net Income per share is expected to be between $3.25 and $4.75 [4]. Shareholder Returns - The company returned $117 million to shareholders through share repurchases and dividends during the first half of 2025 [7]. Key Financial Metrics - Average Worksite Employees (WSEs) decreased by 4% year-over-year to approximately 336,000 [7]. - Cash and cash equivalents increased by 13% to $407 million compared to the previous year [13]. - Total assets decreased by 10% to $3.688 billion [13]. Conference Call - TriNet will host a conference call to discuss its second quarter results and reaffirm its full-year financial guidance [6].
TriNet Launches "Your Path, Our Purpose" Brand Campaign Celebrating the Inspiring Journeys of Small and Medium-Size Businesses
Prnewswire· 2025-05-12 13:15
Core Message - TriNet has launched a new brand campaign titled "Your Path, Our Purpose," which celebrates the journeys of small and medium-sized businesses (SMBs) and their positive impact on communities and employees [1][2]. Group 1: Campaign Overview - The campaign features stunning portraits captured by renowned photographer Annie Leibovitz, showcasing the stories of SMBs [3]. - It employs a dynamic visual style and special effects by Emmy® award-winning Garson Yu, along with soundscapes created by composer Piers Baron, to immerse viewers in the narratives [3]. - The campaign aims to highlight the significant contributions of SMBs and TriNet's commitment to supporting them [5]. Group 2: Featured Businesses - The campaign follows four TriNet customers: - **Zap Surgical Systems**: Innovating in advanced surgical robotics with its ZAP-X platform, enhancing radiosurgery accessibility [6]. - **Van Leeuwen Ice Cream**: Evolved from a food truck in NYC to a national brand known for its unique dairy and vegan flavors [6]. - **Zymo Research**: A leader in biotechnology since 1994, focusing on epigenetics and Next-Gen Sequencing [6]. - **Good Culture**: Transforming the dairy market with organic, pasture-raised cultured foods, particularly cottage cheese [6]. Group 3: Marketing Strategy - The campaign will be broadcast nationwide across various platforms, including television, radio, digital media, and out-of-home advertising, targeting major markets like New York City, San Francisco, Los Angeles, Boston, and Atlanta [5].