Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from James Kissane – Bank of America/Merrill Lynch
James Kissane – Bank of America/Merrill Lynch
Do you have a sense of the magnitude of the decline in the sales and small business arena? Maybe give us your sense of the tone in small business as well as the pricing environment there.
Gary Butler
Actually the tone is really pretty positive. Our productivity per sales person is up. Our sales are down less then the amount of headcount, obviously that we reduced. We’re still seeing some price pressure there. It seems to be abating somewhat but its still there so I don’t want to give anybody the impression that it’s gone away. It’s certainly not getting worse and its abating. Actually we’re pretty encouraged with the sales scene on the small and new business.
James Kissane – Bank of America/Merrill Lynch
I know you don’t give out pays per control by segment just a sense of how small business is doing relative to the other areas within Employer Services?
Gary Butler
It’s actually down a little bit less then the rest of the world.
James Kissane – Bank of America/Merrill Lynch
On the other end of the spectrum maybe a little more color on Global View. It sounds like demand has pick up there, any update on when you’ll achieve break even there and how the implementations are going for Global View?
Gary Butler
We had a really strong first quarter in Global View sales. We had a number of big deals that entered the pipeline that came to fruition. I think we’re still a year or two away from break even on Global View. The loss continues to come down and we are committed to this product and this whole program over the long term. We’re going to continue to do what it takes to drive the top line.
Operator
Your next question comes from Ashwin Shirvaikar – Citigroup
Ashwin Shirvaikar – Citigroup
As you look at the recovery there are certain parts of your business that you expect to come back quicker or slower then others? I know you’re not clearly talking 2010 here maybe 2011. Could you talk about that?
Gary Butler
I think the thing that will come back first is new business sales because as the mood of the country and the world changes people are more comfortable making decisions for the long term about infrastructure and how they deal things. I would expect some of the balanced growth to come back before the paid growth comes back because people will start working overtime, we’re getting some stock option profits back into the equation and hopefully you’ll stop reducing the number of paid. I would expect some balances to come back.
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