Compensation Solutions Selected as a Finalist for

New Jersey Business of the Year

 

Inaugural Awards Program Will Honor the State’s Most Dynamic Businesses

Oakland NJ – October 23, 2006 — Compensation Solutions, one of the tri-state area’s leading Professional Employer Organizations (PEO), today announced that it has been selected as a finalist for the New Jersey Business of the Year in the category of mid-size companies with 51-100 employees. In addition to small companies with 1-50 employees and large companies with over 100 employees, other categories include: Executive of the Year, Emerging Business of the Year, Corporate Citizen of the Year and the announcement of a Hall of Fame, selected by an independent panel of judges. Winners will be announced at a black tie awards event to be held at the Ocean Place Resort and Spa in Long Branch, New Jersey on Tuesday, December 6th.

"We are delighted to be chosen from among the excellent companies selected for this honor," said Thomas J Cioffe, Compensation Solutions’ Chairman and CEO.  "This award is a testament to the hard work and dedication of our team to provide our clients with the highest level of professional service.” Mr. Cioffe and Compensation Solutions have claimed several other business awards, including being selected as a finalist for the past five years for the New Jersey Ernst & Young Entrepreneur of the Year® (“EOY”) awards and, most recently, being named as one of New Jersey Finest companies. The EOY program recognizes a select group of entrepreneurs whose ingenuity, hard work and perseverance have created and sustained successful, growing business ventures; entrepreneurs who represent the dynamic, resilient and innovative spirit of New Jersey’s diverse business community.  The New Jersey’s Finest program acknowledges companies for their consistent growth and contribution to the New Jersey economy.

About Compensation Solutions    

Compensation Solutions is a leading professional employer organization (PEO) that serves as a full-time outsourced human resource partner for small and mid-sized businesses throughout the tri-state area and the United States. Compensation Solutions’ headquarters is located in Oakland, NJ with offices in Upper Saddle River and Manhattan. By managing employee benefits, human resources, payroll and workers’ compensation administration, Compensation Solutions allows its clients to focus on their core competencies to maintain and grow their bottom line. For additional information, please visit our website at www.compsolutionsinc.com.

 

About "New Jersey Business of the Year" Program

The inaugural "New Jersey Business of the Year” Program will recognize the state’s most dynamic businesses and business leaders who share a commitment to professional excellence, business growth and the community. Sponsors include Amper, Politziner, & Mattia, Certifed Public Accountants and Consultants, Greenbrook, Wachovia, Mack-Cali and Rutgers School of Business – Camden.

NJBIZ is the leading provider of business news and information about New Jersey companies and the New Jersey economy. The company publishes a weekly newspaper and also distributes information through books, an Internet site, and other media. In addition, NJBIZ hosts a series of seminars, conferences and awards programs throughout the year.

 

FOR IMMEDIATE RELEASE

CONTACT:  Patricia Basilo

201-405-1115

pbasilo@compsolutionsinc.com