News: Long Island

Alcott HR supports American Heart Association

Executives and staff at Alcott HR came out in a blaze of red to show their support for the American Heart Association and its "National Wear Red Day." The annual event, in which Alcott HR has participated in previous years, is designed to raise awareness in the fight against heart disease in women. Heart disease is the leading cause of death in women in the U.S., claiming more lives than all forms of cancer combined. Team members in both of Alcott HR's New York offices participated and raised $180 for the cause. Founded in 1987 by Louis Basso and Barry Shorten, Alcott HR is a Professional Employer Organization (PEO) serving small, growing and middle-market businesses as a complete HR outsourcing resource for employee-related services. The PEO enables small businesses to focus on core-revenue producing functions, while assuming the administrative burdens associated with all of these areas and managing the related risks and liabilities. There is the additional advantage PEOs afford in giving these businesses the ability to compete on a more level playing field with larger companies in terms of employee recruitment and retention by enabling them to offer equally competitive benefits, as well as many value-added benefits (e.g., shopping, travel and entertainment discounts, etc.). Alcott represents the highest standards of service quality and leading edge technologies within the PEO industry. Alcott has earned the prestigious Employers Services Assurance Corporation (E.S.A.C., www.peoreliability.org/alcotthr) certification -- the equivalent of what FDIC is to the banking industry for the PEO industry. To achieve certification, a PEO must meet stringent financial, professional and ethical standards. Upon meeting these criteria, The Company joins an elite group of PEOs nationwide whose clients are covered by a $21 million surety bond. In addition, Alcott became one of the first PEOs in the state (New York) to gain two certifications by the Certification Institute (www.certificationinstitute.org); one for workers' compensation best practices and another, for timely payment of state and federal payroll taxes, contributions to employee retirement plans and payment of health insurance premiums - both critical elements in the PEO's role as a total HR solution. The National Association of Professional Employer Organizations (NAPEO) supported these Certification Programs primarily as a means to enhance the industry's credibility in this key service area. For more information, visit www.alcottgroup.com or http://www.facebook.com/Alcott.HR.Group
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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.