WALNUT CREEK, CA, Thursday, October 6, 2005 —
2005 Hewitt Associates study ranks Westaff among region's Best Employers
Westaff, Inc. (NASDAQ: WSTF), a leading global provider of staffing services, ranks among the Best Employers in Australia and New Zealand, according to a 2005 employment study conducted by global human resources outsourcing and consulting firm, Hewitt Associates.
The 5th annual Best Employers in Australia and New Zealand study honored Westaff as one of 16 Best Employers out of more than 160 participating organizations across the region. Conducted by Hewitt in partnership with the Australian Graduate School of Management and AFR B OSS magazine, the study is the region's largest research project on employee opinion and market practice and examines people management practices in leading organizations.
"People are at the heart of what we do," said Nigel Haworth, Westaff's Managing Director of Australia and New Zealand. "Westaff takes great pride in creating a positive work environment for its own employees, as well as for its 3,500 associates. We are passionate about continually striving to take our organization to new levels, and being recognized publicly as a Best Employer is a great accomplishment. We are honored to win this prestigious award."
According to the study, employees within Best Employer organizations perceive an increase in the quality of their leadership, see their leaders as being more open and honest than they were five years ago, and believe their company delivers on its promises.
"Westaff has a culture that encourages people to take ownership, trust and believe in each other and themselves," said Haworth. "We achieve results by working together and respecting each other. The key to Westaff's success is that we extend this philosophy to our customers and create a culture of trust, transparency and transference with all of our partners."
One of the largest staffing companies in the United States, Westaff has experienced strong growth in Asia Pacific during fiscal 2005. The company is currently evaluating opportunities to expand into South East Asia in 2006. With more than 40 years of experience in the region, Westaff currently provides business solutions to 750 clients from 24 branch offices throughout Australia and New Zealand.
About Westaff
Westaff provides staffing services and employment opportunities for businesses in global markets. Westaff annually employs approximately 150,000 people and services more than 15,000 client accounts from more than 230 offices located throughout the United States, the United Kingdom, Australia and New Zealand. For more information, please visit our Web site at www.westaff.com.
This press release contains forward-looking statements as defined in the Securities Exchange Act of 1934, and is subject to the safe harbors created by law. Forward-looking statements contained herein include, but are not limited to, statements regarding the Company's future growth and expansion in key markets.
Forward-looking statements are based on the beliefs and assumptions of the Company's management and on currently available information. The Company undertakes no responsibility to publicly update or revise any forward-looking statement. Additional information concerning the risks and uncertainties listed above, and other factors you may wish to consider, is contained in the Company's filings with the Securities and Exchange Commission, including the Company's most recent Form 10-K, Form 10-Q, Form 8-K and other filings.
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