Compensation Solutions (CSI), one of the tri-state area’s leading Human Resource Outsourcing Organizations (HRO), announced in February 2014 its merger with Florida-based Professional Employer Organization (PEO) – CoAdvantage Corporation.
“We are pleased to say that the merger is full steam ahead,” said CSI’s President Susan Molosh after returning back from a series of collective meetings both at CSI’s New Jersey corporate office and at CoAdvantage’s offices in Tampa, Fl. “We are so pleased to be moving forward with our integration plan for 2014-2015,” she added.
The merger unites two market leaders with the right products, services and technology to provide world class services to clients and their employees, now nationwide. The combined company now has offices in New Jersey, New York, Texas, Arizona and Colorado in addition to its Florida home with a team of more than 350 service professionals experienced in payroll, human resources, workers’ compensation and employee benefits.
The merger creates one of the largest PEOs in the nation. Though each company has its own history, the common objective is shared – absolute client satisfaction.
About Compensation Solutions
Compensation Solutions is a leading human resources outsourcing organization that serves as a full-time outsourced human resource partner for businesses of all sizes throughout the United States. 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. Compensation Solutions’ corporate headquarters is located in Wayne, NJ with offices in Upper Saddle River and Manhattan. For more information, visit www.csihro.com.
About CoAdvantage Corporation
CoAdvantage, a portfolio company of New York-based private equity firm CIP Capital, serves as a leader in human resource solutions, provides Professional Employer Organization (PEO) services to small and medium-sized businesses nationwide. The company has offices throughout Florida, Texas, Arizona, Colorado and New Jersey, serving more than 45,000 worksite employees nationwide. For more information, visit www.coadvantage.com.