AMBROSE EMPLOYER GROUP'S GREG SLAMOWITZ RECEIVES PEO INDUSTRY AWARD

ALEXANDRIA VA, May 15, 2010  - Greg Slamowitz, Co-Founder and Co-CEO of New York’s Ambrose Employer Group, was honored with the National Association of Professional Employer Organizations’ Government Affairs Leadership Award for his long-time involvement in establishing public policies for the growing $68 billion PEO (professional employer organization) industry.

Slamowitz is the tenth recipient of the PEO industry’s top honor presented during the  National Association of Professional Employer Organizations’ (NAPEO’s) annual Legal and Legislative Conference held in Arlington, VA this week.  Slamowitz is devoted to the education and development of the PEO industry, which currently provides outsourced human resources, payroll and benefits services to approximately 3 million working Americans in small businesses.
“Small business owners are affected by increasingly complex employment, payroll tax and employee benefits laws and regulations,” said Slamowitz. “Without the option of outsourcing these legally mandated responsibilities to a PEO, many small businesses are unable to comply with the myriad of employment laws, offer a comprehensive and competitive employee benefits package and focus their time and energy on revenue generating activities. This is especially true this year with the passage of the 3,000 page health care reform bill.”

Slamowitz has a long record of service to the PEO industry over the last 13 years starting with the co-founding Ambrose Employer Group in 1997 and serving as president of NAPEO in 2007. Ambrose Employer Group is the largest PEO headquartered in New York City. The company currently serves more than 500 small business clients with 7,200 plus serviced employees spread over 50 states and the District of Columbia.

With the passage of the Health Care and Education Reconciliation Act of 2010, Slamowitz has been at the forefront of seeking comprehensive federal regulation of the PEO industry similar to the 35 states with a standardized regulatory framework for the PEO industry. Slamowitz was instrumental in defining the roles and responsibilities of PEOs and their small business clients to sustain health care coverage for millions of Americans.

“PEOs are a proven health benefit delivery model with the technology and the necessary human resources expertise to ensure small businesses take full advantage of the recent federal legislation,” explained Slamowitz.

Prior to co-founding Ambrose, Slamowitz practiced tax law with Brown & Wood (now Sidley Austin Brown & Wood) in New York City. Slamowitz holds two law degrees – a Master of Laws in Taxation from New York University School of Law, and a Juris Doctorate, with distinction, from Emory University School of Law in Atlanta. He received his undergraduate degree, cum laude, from New York University. Slamowitz was the recipient of the 2001 Ernst & Young New York Entrepreneur of the Year® award in the employment services category. Slamowitz was recently appointed to serve on the Dean’s Advisory Board for Emory University’s School of Law. He has previously served as Co-Chair of the Heart & Soul Charitable Fund, a New York City based charity, which financially supports and facilitates projects that provide for the needs of marginalized individuals in New York City.

About Ambrose
Ambrose is a professional employer organization ("PEO") providing outsourced human resources administration, payroll, and benefits services to small businesses. Founded in 1997, Ambrose’s purpose is to help small businesses to focus on their core business.  Ambrose is a niche PEO focused exclusively on business services firms, financial service firms, marketing and advertising firms, technology companies, and other professional service firms.  Ambrose services clients across the country and has offices in Boca Raton, Los Angeles, New York, Short Hills, Stamford, and Washington D.C.

About NAPEO
As the recognized Voice of the PEO Industry,® NAPEO represents nearly 400 professional employer organizations (PEOs). The PEO industry has matured to $68 billion with double digit growth annually. As NAPEO enters its 26th year, the potential market remains promising with high client retention rates, a projected increase in revenues for 2010, and an untapped market serving 300,000 business owners and 3 million workers. PEOs allow clients to “reduce costs and free up time to devote to revenue generating activities, improvements that can be instrumental to gaining competitive advantage,” according to research by the Society of Human Resource Management Foundation. To learn more about how PEOs contribute to small businesses’ success, visit the NAPEO Web site at www.napeo.org.