BBSI vs Oasis

BBSI (Barrett Business Services Inc.) is a PEO founded in 1972, starting out as a staffing company. BBSI, which is also its symbol on NASDAQ, is headquartered in Vancouver, WA. It provides its services to small and medium-sized businesses (SMBs) spanning eight industries. They serve all 50 states in the US, with offices in 14 states. Their services include business strategy, HR consultation, risk and safety, payroll administration, workers' compensation, staffing and recruitment, employee benefits, retirement benefits, and various technology solutions. With a team of people who meet with clients on-site to understand their culture and dedication to establishing a safe workplace, BBSI provides businesses with customized services. They do not specify plans or pricing on their website, preferring prospective clients to contact them so that they can "create a pricing structure that fits their needs." They are certified by the Employer Services Assurance Corporation (ESAC), whose accreditation is considered the gold standard for PEO reliability and financial assurance. They have repeatedly earned the yearly "Great Place to Work" certification.

Paychex acquired Oasis Outsourcing in 2018 for $1.2 billion in cash. Oasis Outsourcing was an ESAC-accredited human resources services company based in Florida that offered services in human resources, employee benefits, and payroll processing. The acquisition was about building revenue, and Paychex aimed to grow its human resource outsourcing capability and extend its technology to a new client base as part of the acquisition. While Oasis initially operated as its own entity, it is now fully part of the Paychex brand as one of the available solutions in "Paychex HR."