Fox News Channel Interviews Alcott President, Lou Basso

The Alcott Group President Louis Basso Appears on
Fox News' America's Newsroom

Louis Basso, president of The Alcott Group (Farmingdale, NY; Buffalo, NY; New York, NY and Oklahoma City, OK), a leading Professional Employer Organizations (PEO) providing Human Resources services to over 200 companies and their combined base of approximately 4,000 employees, recently served as a guest on the Fox News Channel appearing on the "America's Newsroom" with anchor Bill Hemmer. Mr. Basso was a guest discussing the current economy, unemployment situation, proposed healthcare reform and other regulatory matters, all of which are placing a heavy strain on small businesses.

In his interview with Hemmer, Basso spoke candidly about the plight of America's small businesses and on how both the federal and state governments are making it very difficult for small businesses, the so-called engine of the American economy, to survive.

The complete segment can be viewed at: http://video.foxnews.com/11897101/economic-checkup

"About The Alcott Group"

Founded in 1985 by Louis Basso and Barry Shorten, The Alcott Group is a Professional Employer Organization (PEO) serving small, growing and middle-market businesses as a complete HR outsourcing resource for employee-related services including payroll administration, employee benefits design and administration, tax administration and regulatory compliance. 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 (ESAC) 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 $10 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