Tag: oasis

West Palm Beach, FL Dec 15, 2014 – Oasis Outsourcing, one of the nation’s largest Professional Employer Organizations (PEOs), is geared up for a festive and charitable holiday season. Several years ago, Oasis employees chose to forego a formal holiday party in favor of a holiday luncheon and to instead donate the money saved to help local nonprofit charities. The tradition has continued and Oasis was proud to announce at its West Palm Beach holiday luncheon on December 5th, that it is donating a total of $10,000 to five worthy nonprofit organizations.
Oasis is also hosting the annual “Can You Can It” food drive at its corporate headquarters. All employees are encouraged to donate nonperishable food items by bringing them directly to work during the first three weeks of December. All donations will be given to the Palm Beach County Food Bank.
In addition to the holiday-specific events, Oasis encourages employees to participate in charitable events year-round. Several times a year, Oasis invites the blood mobile onsite to provide added convenience for those employees who would like to donate. Annually, Oasis employees participate in a bowl-a-thon to raise money for Junior Achievement. And this year, Oasis’ CEO and two EVPs participated in the ALS Ice Bucket Challenge raising a few thousand dollars for that important cause.
“I’m proud of the spirit of giving that is prevalent at Oasis,” said Debra Bathurst, Vice President, Human Resources for Oasis. “The added component of charitable donations to our local communities gives additional meaning to our holiday events.”

West Palm Beach, FL Nov 20, 2014 – Oasis Outsourcing (Oasis) today announced that it has agreed to be acquired by Stone Point Capital and management. Stone Point is a leading private equity firm focused on investing in the global financial services industry. Oasis, a portfolio company of Nautic Partners and Altaris Capital Partners, is the largest private professional employer organization (PEO) in the United States, and is a leading provider of comprehensive and cost-effective human resources (HR) services to small- and medium-sized businesses (SMBs). The transaction, subject to customary closing conditions, is expected to be completed by the end of 2014. Terms of the acquisition were not disclosed.
Oasis provides HR services, such as HR administration and development, employee benefit plan management, full-service payroll administration, risk management, and staffing and recruitment to more than 4,700 SMBs and more than 160,000 worksite employees (WSEs) in all 50 states and Puerto Rico. Through its nationwide platform, Oasis provides its solutions to clients across a broad spectrum of industries, including business services, hospitality and retail, manufacturing, technology, and wholesale trade, among others.
“We are thrilled to partner with Stone Point, one of the nation’s leading private equity firms,” said Mark C. Perlberg, President and Chief Executive Officer of Oasis. “With its strong financial support, Oasis will have the opportunity to dramatically escalate our growth, both organically and through strategic acquisitions.”
Chuck Davis, CEO of Stone Point Capital, said; “We are delighted to be partnering with Oasis and its management team. The company’s ability to provide cost-effective outsourced solutions while also providing access to affordable benefit plans is very compelling for small- and medium-sized businesses, especially in light of the increasing complexity and regulations related to HR.”
Perlberg added, “Stone Point’s investment in Oasis marks an important milestone in our history and we are confident that it will help drive our continued success in an exciting growth industry.”
Kramer Levin Naftalis & Frankel LLP is serving as a legal advisor to Stone Point. Edwards Wildman Palmer LLP and Jefferies LLC are serving as the legal advisor and exclusive financial advisor to Oasis, respectively.

West Palm Beach, FL Nov 12, 2014 – Oasis Outsourcing, one of the nation’s largest Professional Employer Organizations (PEOs), launched a new infographic titled: What Value Can a PEO Provide. As explained in the infographic, a PEO can provide a variety of Human Resources-type services to client companies through a co-employment relationship, which allows for improved efficiencies and economies of scale.
The infographic provides an overview of the value a PEO provides and the types of clients that benefit the most from the services offered. These tend to be businesses with 10-500 employees who are spending more than 10% of their time on HR-related activities. The need for PEOs has also grown due to the complexity of the Affordable Care Act’s (ACA) regulations. A comprehensive PEO, like Oasis, can offer guidance, and sometimes relief, from the administrative burden of these regulations.
The new infographic is available for use at www.oasisadvantage.com/peo-infographic.

West Palm Beach, FL Oct 13, 2014 – Oasis Outsourcing, one of the nation’s largest Professional Employer Organizations (PEOs), has launched a client-paid identity theft product (ID Commander) through its Oasis Power Buys program. This benefit gives clients the ability to provide identity theft protection to their employees at 60% less than what an employee would pay individually.
“The collection of Oasis Power Buys products have been well-received by our client employees who have made individual purchases,” said Ruth Cyrus, Senior Vice President of Marketing for Oasis Outsourcing. “Since identity theft is not only one of the fasting growing crimes, but also one that requires a substantial time investment (frequently during work hours), the client-paid ID Commander offering provides a return on investment to our clients. Providing identity theft protection for employees is perceived as a value-added benefit by employees and allows them to remain focused on their jobs while professionals do the legwork required should a breach occur.”
The Oasis Power Buys program encompasses a group of need-based products designed to provide employees with peace of mind at prices far below market value. Employees can elect the products online and conveniently pay through payroll deduction. Products include identity theft protection, credit monitoring, roadside assistance, technology support and more.

Minneapolis, MN Sep 29, 2014 – Oasis Outsourcing, one of the nation’s leading Professional Employer Organizations (PEOs), is pleased to announce that it has opened an office in Minneapolis, Minnesota, located at 860 Blue Gentian Road, Suite 200. In addition, Oasis has brought on Laurie O’Kane as District Manager to oversee the office and its growth.
“The Minneapolis market was selected as an area of focus due to the presence of high-growth industries in this market,” said Mike Viola, Executive Vice President of Sales for Oasis. “Minneapolis is a hub for many businesses that can directly benefit from Oasis’ human resources and employee benefits solutions.”
Oasis specializes in providing customized human resources services, employee benefits, payroll and tax administration, risk management services and staffing solutions to small- and medium-sized businesses throughout the United States. In addition, Oasis is an expert on the Affordable Care Act’s (ACA) implications for businesses and provides guidance through the various provisions of the legislation.

West Palm Beach, FL Aug 20, 2014 – The 2014 Inc. 500/5000 list of fastest-growing private companies in America was published on August 20, 2014. This compilation has been published annually for the past 32 years, with rankings based on percentage revenue growth over a three-year period. Oasis Outsourcing was ranked 3,860 in 2014.
“We are pleased to be part of the 2014 Inc. 500/5000 list of the fastest-growing private companies,” said Mark Perlberg, President and CEO of Oasis Outsourcing. “We are proud of our year-over-year growth and honored to be part of a list that includes many esteemed companies in varied industries.”

West Palm Beach, FL Jul 31, 2014 – Oasis Outsourcing, one of the nation’s leading Professional Employer Organizations (PEOs), has released a new infographic designed to help businesses, understand how the Adjusted Community Rating provision of the Affordable Care Act (ACA) works. Adjusted Community Rating is a way of pricing insurance where premiums are not based on a policy holder’s health status, but may be based on other factors such as age and geographic location. Additionally, carriers are required to consider individuals and small groups as one community or risk pool.
Since Adjusted Community Rating went into effect in January 2014, there has been a big change in how small group insurance is calculated. The infographic created by Oasis Outsourcing easily explains the changes and helps small businesses choose the best course of action. Since carriers can only use a limited set of factors when setting rates, some groups that historically would have received favorable ratings, for example younger populated groups, might see significant increases while others that historically would have been assigned very expensive rates, may see rates decrease.
Oasis Outsourcing has expertise in all areas of Healthcare Reform legislation and can help any business navigate through the various provisions regardless of plan type.
The new infographic is available for use at www.oasisadvantage.com/aca-infographic.

West Palm Beach, FL Jul 21, 2014 – Oasis Outsourcing jumped two spots and ranked third on the South Florida Business Journal’s (SFBJ) 2014 Top 100 Private Companies list. In its 11th year, the Top 100 Private Company compilation based its rankings on each company’s revenue from the previous year. Additionally, Oasis Outsourcing’s $300 million increase in revenue from 2012 to 2013 ranked fifth on the SFBJ’s Top 10 Biggest Dollar Growth list.
“We are honored to be recognized among South Florida’s best-in-class companies,” said Mark Perlberg, President and CEO of Oasis Outsourcing. “We are extremely pleased with the success we had in the past year and are proud of our company’s growth in Florida and across the nation.”

West Palm Beach, FL Jun 27, 2014 – Oasis Outsourcing ranked eighth in the Florida Trend Florida’s Biggest Private Companies list for 2014. The rankings of the 225 privately held companies, with headquarters in Florida, are based on the previous year’s revenue. Oasis, one of the nation’s largest Professional Employer Organizations (PEOs), ranked eighth in 2013 as well. For more information, click here.
“We are pleased to once again be ranked in the top 10 largest private companies in Florida, compiled by Florida Trend,” said Mark Perlberg, President and CEO of Oasis Outsourcing. “It’s an honor to be included among the many other successful Florida businesses. We continue to be proud of our growth, not only in Florida, but nationwide.”

West Palm Beach, FL Feb 4, 2014 – Mark Perlberg, President and CEO of Oasis Outsourcing, was chosen as one of the Top 100 Power Leaders by the South Florida Business Journal (SFBJ). The annual list of the Top 100 Power Leaders from Palm Beach, Broward and Miami-Dade counties was published on January 31, 2014. Recipients from many companies and industries are chosen each year by the SFBJ’s editorial staff, based on their innovative ideas, savvy business acumen and their role in shaping the region’s business community.
“South Florida continues to be an excellent business climate for Oasis Outsourcing’s headquarters and we are happy to be part of the community,” said Perlberg. “I am honored to be recognized by the South Florida Business Journal and offer my congratulations to the other recipients.”
A graduate of Boston College Law School, Perlberg began his career as an attorney before moving into a series of management roles across varied industries, including business services, utilities and financial institutions. Previously an officer of the John Harland Company and COO of PRG-Schultz, Perlberg has been President and CEO of Oasis Outsourcing for more than a decade.