20 Year Anniversary Highlights The Way Growing Businesses Benefit from Professional Employer Organizations (PEO’s)
Melville, NY, January 29, 2018 – For the past 20 years, small to medium sized businesses have come to realize that they can be more successful by focusing their resources on the core value they provide their customers and not by duplicating every expensive business function that exists inside larger companies. Prestige Employee Administrators, Inc. a Professional Employer Organization (PEO) that offers large company benefits and services such as Human Resources, Compliance, Employee Benefits, Payroll and Retirement Plans to Small to Mid-Sized businesses has successfully supported these types of businesses. 2018 marks Prestige’s 20th year of providing quality Human Resources services. Prestige and its clients are celebrating the milestone event of the founding of the company and the benefits it has provided.
“Prestige has seen dynamic growth in the past 20 years and continues to forge ahead and maintain its World Class Client Satisfaction status year after year. The company has built a solid reputation as a PEO and has been instrumental in helping to grow the industry even in a down economy,” said Andy Lubash, one of Prestige’s Principals. Prestige focuses on surrounding its clients with the highest quality Human Resources Services and is committed to helping clients stay in compliance with the latest laws and regulations affecting their businesses. This, in turn, helps clients focus on growing their businesses.
Prestige has seen exceptional client retention rates due to the fact that the original principals (Andrew Lubash and Alan Cooperberg) continue to own and operate the business today. The management team has also added two (2) new principals since inception including Larry Lynch and Brian Lehmann, who have brought a wealth of enterprise leadership & insurance expertise with them that continues to help take the company to the next level.
Prestige opened its doors in Woodbury, NY in 1998 with two employees and rapidly expanded and moved its corporate headquarters to a 10,000 square foot facility in Melville, NY. Prestige currently employs 90 associates and continues to hire additional staff. Prestige’s extraordinary client service has enabled them to receive recognition by being named #28 on Crain’s NY Business List as one of the largest privately held companies in the New York area. In addition, Prestige has been named on the Inc. 5000 List as one of the fastest growing privately held companies in America for the eighth year (2008-2017).
Prestige is also a member of the National Association of Professional Employer Organizations (NAPEO). Prestige’s leadership team is fully engaged with this organization and has helped the PEO industry grow by being part of the Government Affairs Committees. The company continues to pave the way in the PEO industry and help business owners navigate through Health Care Reform and Federal, State & Local employment compliance issues.
About Prestige Employee Administrators, Inc.
Prestige Employee Administrators, Inc. a Professional Employer Organization (PEO), offers large company benefits and services such as Human Resources, Compliance, Employee Benefits, Payroll and Retirement Plans to Small to Mid-Sized businesses. Since combining the purchasing power of many small to mid-sized businesses results in discounts and economies of scale, we can deliver our expertise at no or lower cost to our clients. When partnering with Prestige, companies receive a comprehensive array of services to care for their staff and ease the burden that complex, time-consuming and costly employment-related rules, regulations and filing requirements place on a firm. For further information, please visit www.prestigepeo.com.
Prestige Employee Administrators, Inc.