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Who will be the Next Elite Entrepreneurs?
OAKLAND, NEW JERSEY - April 2005 – Compensation Solutions, Inc. (“Compensation Solutions”), one of the tri-state area’s leading Professional Employer Organizations (PEO), announced that Thomas J. Cioffe, President and CEO, was recently nominated for the prestigious Entrepreneur of the Year® award. In its 19th year, the Ernst & Young Entrepreneur of the Year® program continues the tradition of recognizing those special individuals who have the passion and perseverance to turn a bright idea into a brilliant business. These entrepreneurs are true visionaries who are able to take challenges and turn them into opportunities.
Compensation Solutions is a professional employer organization that provides professional human resource management services to small to mid-sized businesses. These services include cost effective solutions for the soaring costs of employee benefit packages; professional risk management tools such as up-to-date employee handbooks, policies and procedures and record retention services to ensure that employers are in compliance with state and federal laws; professional claims management; customized payroll; training and retention services and professional advice on employee compensation and retirement planning.
Commenting on his nomination, Cioffe said, “I am very honored to be nominated for such a prestigious award and to be considered among a group of business leaders who represent the best of the business community in New Jersey. Much of the credit goes to my team of Human Resource professionals for their hard work, their dedication to superior client service and their commitment to the growth and development of our PEO program.”
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the quality of financial reporting. Its 110,000 people in more than 135 countries around the globe operate with the highest levels of integrity, quality and professionalism to provide clients with solutions based on financial, transactional and risk-management knowledge in its core services of audit, tax and corporate finance. A collection of Ernst & Young’s views on a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization, including the U.S. firm of Ernst & Young
LLP.
About Compensation Solutions
Compensation Solutions is a leading professional employer organization (PEO) that serves as a full time human resource company for small and mid-sized businesses throughout the United States and its territories. Compensation Solutions’ headquarters is located in Oakland, New Jersey. For additional information, please visit the Compensation Solutions website at
www.CompSolutionsinc.com. | .