8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  September 14, 2005

LABOR READY, INC.

(Exact Name of Registrant as Specified in Its Charter)

Washington

(State or Other Jurisdiction of Incorporation)

001-14543	91-1287341
(Commission File Number)	(IRS Employer Identification No.)
1015 A Street, Tacoma, Washington	98402
(Address of Principal Executive Offices)	(Zip Code)
(253) 383-9101
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01.Entry Into a Material Definitive Agreement

See response in Item 5.02 below. 

Item 5.02.Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. 

On September 14, 2005, Labor Ready, Inc. (the “Company”) issued a press release (the “Press Release”) announcing the promotion of Steven C. Cooper to President of the Company.  A copy of the Press Release is attached hereto as Exhibit 99.1.  Mr. Cooper will continue to serve as the Company’s Chief Financial Officer until the Company completes a selection process for a new Chief Financial Officer. 

Mr. Cooper, age 43, has served as the Company’s Executive Vice President and Chief Financial Officer since January 2001.  Prior to that time, Mr. Cooper served as the Vice President of Finance and Corporate Controller after joining the Company in April 1999.  Previous to joining Labor Ready, Mr. Cooper held senior management positions with Deloitte & Touche and Albertsons Inc.

Mr. Cooper’s base salary will increase from $305,000 per year to $350,000 per year and he will continue to be eligible to participate in the incentive plans of the Company applicable to its executive officers.  The material terms of these executive incentive plans have previously been disclosed in a Form 8-K filed by the Company on January 7, 2005.  Mr. Cooper’s participation in these executive incentive plans will be based, among other things, on his aggregate base pay for fiscal year 2005.  The Company has an executive employment agreement with Mr. Cooper, the material terms of which were disclosed in a Form 8-K filed by the Company on March 25, 2005 and as subsequently amended on March 29, 2005. 

The information contained in the Press Release shall not be deemed “Filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01.Financial Statements and Exhibits.

(c)	Exhibits
99.1.	Press Release of Labor Ready, Inc. dated September 14, 2005

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LABOR READY, INC.
		(Registrant)
Date:  September 16, 2005	By:	/s/ Steven C. Cooper.
		Steven C. Cooper
		President and Chief Financial Officer

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EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE:

STEVEN C. COOPER PROMOTED TO LABOR READY PRESIDENT
Joe Sambataro to Continue as Chief Executive Officer

TACOMA, WA, September 14, 2005—Labor Ready Inc. (NYSE: LRW) has named Steven C. Cooper to serve as the company’s President, reporting to Labor Ready CEO Joe Sambataro.  While Cooper will assume executive leadership of the company’s operations he will also continue to serve as Chief Financial Officer until the company completes a selection process for a new CFO.

Cooper, 43, has served as Executive Vice President and CFO since January 2001. Prior to that time, Cooper served as the Vice President of Finance and Corporate Controller after joining the Company in April 1999.  Previous to joining Labor Ready, Cooper held senior management positions with Deloitte & Touche and Albertsons Inc.

“While serving as Executive Vice President and CFO, Steve has been a key member of our management team leading corporate strategy and planning, finance, human resources, information technology and the legal functions in our company,” said CEO Joe Sambataro. “We are confident in Steve’s abilities to lead operations in carrying out the vision and strategies we have established.”

Sambataro continued, “With the recent addition of our new Corporate General Counsel, Jim Defebaugh, we are able to move the executive leadership of the legal functions and human resources from Steve Cooper to Jim Defebaugh.  Jim has almost 25 years of experience in corporate law and administration, the last 22 of those years at Kmart.  I am confident that with Jim on board, we have the necessary strength on our Executive Team for Steve to focus his executive leadership on operations.”

About Labor Ready

Labor Ready is an international provider of temporary employees for manual labor, light industrial and skilled construction jobs, operating under the brand names of Labor Ready, Workforce, Spartan Staffing, and CLP Resources. Labor Ready’s customers are primarily small- to mid-sized businesses in the transportation, warehousing, hospitality, landscaping, construction, light manufacturing, retail, wholesale, facilities and sanitation industries. Annually, Labor Ready serves approximately 300,000 customers and puts more than 600,000 people to work through its more than 890 branch locations in the United States, Canada, and the United Kingdom. For additional information, visit Labor Ready’s website at www.laborready.com

For more information, contact:

Stacey Burke, Director of Corporate Communications

253-680-8291