COMPSOLUTIONS PEO ANNOUNCES TRANSIT ONE PLAN TO DELIVER COMMUTER BENEFITS
OAKLAND, NEW JERSEY – Compensation Solutions, Inc., a leading Professional Employer Organization in the tri-State area, today announced that it had entered into an alliance that would enable all COMPSolution co-employees to participate in Transit One’s Section 132 Transportation Expense Program. The Transit One program is a pretax transit and parking benefit program that allows employers and employees to save time and money. One of the first providers to offer this service on a national level, Transit One offers signature ready plan documents, salary redirection, eligibility maintenance, claims processing and check issuance. Tom Cioffe, the Chairman and CEO of COMPSolutions said of the Transit One Plan, “Companies have been slow to adopt programs like these despite their clear benefits to employees because of the administrative cost associated with them. As administrative co-employer, we have adopted a program that eliminates the hassle and cost for employers, and allowed our clients to offer this payroll deducted benefit.” More information on this new and exciting benefit can be obtained by visiting the COMPSolutions website and viewing “Preferred Vendors.” COMPSolutions 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. COMPSolutions' headquarters is located in Oakland, New Jersey. For additional information, visit our website at www.compsolutionsinc.com.
(NOTE: The statements contained in this press release are not all historical facts and, as such, are to be considered forward looking statements that involve a number of risks and uncertainties. Therefore, the actual results of future events described in this Release could be materially different than the forward looking statements made above, and you should be guided accordingly.)