Compensation Solutions Selected as a Finalist for
Forbes Enterprise Awards
Prestigious
Awards Program Recognizes Excellence
In
America’s Smaller Businesses
Oakland NJ
– December 29, 2006 — Compensation Solutions (COMPSolutions), one of the
tri-state area’s leading Professional Employer Organizations (PEO), was recently
selected as one of the finalists for the Forbes Enterprise Awards, which
recognize outstanding businesses that demonstrate visionary practices and
achievements. The award is based on various criteria, including: product or
service innovation, customer relations, community involvement, employee
development and support, and marketing or other efforts that lead to a
business’s growth. Judith H. Dobrzynski, a reporter and senior editor at the New
York Times and Business Week, managing editor at CNBC and an adjunct professor
at the Columbia University School of Journalism, chaired the judging committee
comprised of leading business and professional authorities. Sponsored by
Verizon, the awards will be presented at a ceremony to be held on February 5,
2007 at Lincoln Center in New York City.
"We
are honored to be chosen from among the many excellent companies participating
in this program," said Thomas J Cioffe, COMPSolutions’ Chairman and CEO. "This
recognition is a testament to the hard work and dedication of the COMPSolutions
team in serving the country’s largest and most challenging employment market.”
Mr. Cioffe and COMPSolutions have claimed several other awards, including being
selected as a finalist for the past five years for the New Jersey Ernst & Young
Entrepreneur of the Year® (EOY) awards. 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.
About Compensation Solutions
COMPSolutions
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. COMPSolutions’ 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, COMPSolutions 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 the Forbes Enterprise Awards Program
The Forbes Enterprise Awards Program, which showcases
noteworthy achievements and business
practices, are open to
all businesses regardless of size or revenue. Entrants compete in 25 business
categories, ranging from restaurants to legal practices to realtors, and each
category is divided into two to accommodate two size levels in each business
area.
The awards are intended to
recognize innovative thinking in the management of successful small enterprises.
Entries are judged based on small-business management issues such as marketing,
customer service and retention, community service, new product development, and
employee relations. The awards are also intended to benefit other businesses by
sharing the innovative ideas developed by the award winners. More information
about the awards is available at
www.forbesawards.com.