U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
0-23144
(Check One): CUSIP NUMBER
71534B-10-1
[ ] Form 10-K and Form 10-KSB
[ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q and Form 10-QSB
For Period Ended: April 30, 1996
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read Attached Instruction Sheet Before Preparing
Form. Please Print or Type.
Nothing in this form shall be construed to imply
that the Commission has verified any information
contained herein.
_______________________________________________________
If the notification relates to a portion of the
filing checked above, identify the Item(s) to which the
notification relates: N/A
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Part I -- Registrant Information
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Full Name of Registrant
Former Name if Applicable
Personnel Management, Inc.
Address of Principal Executive Office
(Street and Number)
1499 Windhorst Way, Suite 100
City, State and Zip Code
Greenwood, Indiana 46143
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Part II -- Rules 12b-25 (b) and (c)
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If the subject report could not be filed without
unreasonable effort or expense and the registrant seeks
relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in
Part III of this form could not be eliminated without
unreasonable effort or expense;
(b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K or Form
N-SAR, or portion thereof will be filed on or before the
fifteenth calendar day following the prescribed due date;
or the subject quarterly report or transition report on
Form 10-Q, or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date;
and
(c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if
applicable.
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Part III -- Narrative
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State below in reasonable detail the reasons why Form 10-
K and Form 10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-
SAR, or the transition report or portion thereof could
not be filed within the prescribed period.
Under the direction of its Chief Financial
Officer, Robert R. Millard, who joined the
Registrant during the quarterly period that is
covered by the quarterly report on Form 10-Q
that is the subject of this Notification, the
Registrant has installed a new accounting
system. Because of unforeseen delays
associated with the installation of that
system, the Registrant encountered
unanticipated delays in the preparation of its
financial statements for the quarter ended
April 30, 1996. The accounting system is now
fully operational and the Registrant does not
anticipate that similar delays will be
encountered in connection with preparation of
its financial statements for future periods.
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Part IV -- Other Information
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(1) Name and telephone number of person to contact
in regard to this notification
Robert R. Millard (317) 888-4400
(Name) (Area Code and Telephone Number)
(2) Have all other periodic reports required under
section 13 or 15(d) of the Securities Exchange Act of
1934 or section 30 of the Investment Company Act of 1940
during the preceding 12 months or for such shorter period
that the registrant was required to file such report(s)
been filed? If the answer is no, identify reports(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change
in results of operations from the corresponding period
for the last fiscal year will be reflected by the
earnings statements to be included in the subject report
or portion thereof?
[ ] Yes [X] No
If so: attach an explanation of the anticipated
change, both narratively and quantitatively, and, if
appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
N/A.
Personnel Management, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf
by the undersigned thereunto duly authorized.
Date June 13, 1996 By /s/ Robert R. Millard
Robert R. Millard
Vice President
Finance and Administration
