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TriNet information


TriNet Group, Inc.
Company typePublic
Traded as
NYSE: TNET
Russell 2000 Component
IndustryProfessional employer organization
Founded1988, San Leandro, California, United States
Headquarters
Dublin, California
,
United States
Key people
Burton Goldfield, President & CEO (2008–2024); Special Advisor (2024–)
Mike Simonds, CEO (2024–)[1]
RevenueIncreaseUS$ 4.9 billion (2023)
Operating income
DecreaseUS$ 469 Million (2023)
Net income
IncreaseUS$ 355 million (2023)
Total assetsIncreaseUS$ 3.7 billion (2023)
Number of employees
3,622 (2019)
SubsidiariesTriNet Zenefits
Websitewww.trinet.com

TriNet Group, Inc. is an American cloud-based professional employer organization for small and medium-sized businesses.[2] TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department.[3] TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.[4]

Founded in 1988, TriNet initially offered basic employee benefits, dental coverage, life and disability insurance and employment law guidance.[5] Since then, TriNet has broadened its offerings to add payroll services, Fortune-500 benefits, 401(k) guidance, worker's compensation, liability insurance, and strategic human resources support and services. The company also provides online tools such as web-hosted management portals for a manager and employee self-service.[4]

  1. ^ "TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO".
  2. ^ "About TriNet". TriNet. Retrieved 10 July 2018.
  3. ^ "Risk & Compliance". TriNet. Retrieved 10 July 2018.
  4. ^ a b Skolnick, Adam (2013-07-22). "HR: Big Savings for Small Business". Fiscal Times. Retrieved 15 May 2014.
  5. ^ Jonathan Marshall, "The Ultimate in Outsourcing," San Francisco Chronicle.

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