Professional Employer Organization Featured in CBS News Economic Report on the Job Market
New York, NY, December 30, 2011 - Ambrose was featured in a CBS Evening News Economic report on the job market. During an interview with CBS News, Ambrose Managing Director Hugh LaRoche commented on Ambrose’s recent growth as well as the growth of its clients.
“We added on about 20 percent year over year," said Hugh LaRoche of Ambrose, "and we're already slated to add on another 10 percent next year."
CBS conducted the interview with Hugh LaRoche which aired on CBS Evening News at 6:30 PM ET December 29, 2011. In addition to the interview, the video included clips of Ambrose employees collaborating throughout their New York office. To view the complete segment, click here. To view the transcript version, click here.
In response to questions about hiring trends, Mr. LaRoche added that many of Ambrose’s professional employer organization (PEO) clients also grew their headcount in 2011.
“Are the clients we're servicing hiring? Absolutely--there is no question about that. The small business engine is working and we've seen that in terms of growth," said Ambrose Managing Director Hugh LaRoche.
As a boutique business services firm, Ambrose provides an integrated and outsourced human resources administration, payroll, and employee benefits solution for small businesses. Ambrose has grown not only in terms of its own employee headcount but also in terms of the number of new clients it brought onto its service platform in 2011. A significant percentage of Ambrose’s client companies are startups. Over half of Ambrose’s new clients were start-up companies in 2011.