Strong Sales and Client Retention
The fall sales and client retention campaign was successful, resulting in a 37% increase in worksite employees paid from new clients compared to Q4 2023, and client retention averaged 99% for the quarter.
Workday Strategic Partnership Progress
Significant milestones expected in the Workday partnership, with the Insperity corporate tenant scheduled for launch on April 1. The partnership is expected to drive growth and profitability.
Improved Large Account Retention
Attrition from terminating accounts in the larger account segments was down 63% and 40% compared to 2024 and 2023 respectively, indicating improved service levels and client satisfaction.
Increased Gross Profit Per Worksite Employee
Gross profit per worksite employee per month was $285 in 2024, a 3% increase over 2023.