Episode 13: Paul Sarvadi, Administaff
The BusinessMakers talk with Administaff’s Paul Sarvadi as he reflects on the challenges of starting a company in a new sector, and how the company executed an IPO primarily to legitimize the Professional Employment Organization sector.
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Interesting interview with Mr. Sarvadi. There is no doubt that being public companies, Administaff and Gevity have done a lot for the PEO industry. Of course many PEOs are privately held and also have good PEO offerings. It is also interesting to note the expansion of ASO (administrative services organizations) along side the traditional PEO model. Staffmarket.com offers a good explanation of the differences.
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