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Working Together With

Corporation. Working Together With. A full-service managed and outsourced Payroll Solution. Meeting Agenda. COMFORCE Objective. Who is COMFORCE? Our Services. COMFORCE Clients. The COMFORCE Advantage. Desired State vs. COMFORCE Payroll Process. Flowchart. Online Reporting.

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Working Together With

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  1. Corporation Working Together With A full-service managed and outsourced Payroll Solution.

  2. Meeting Agenda • COMFORCE Objective. • Who is COMFORCE? • Our Services. • COMFORCE Clients. • The COMFORCE Advantage. • Desired State vs. COMFORCE Payroll Process. • Flowchart. • Online Reporting. • Questions and Answers.

  3. To provide the Federal Reserve Bank of New York with a flexible, robust, and efficiently managed third-party payrolling solution for all contingent workers and misclassified independent contractors at a cost-savings price. COMFORCE Objective: Quick Start Staffing

  4. The COMFORCE Corporation is a recognized leader in outsourced payrolling services, contingent staffing, consulting and financial outsourcing. • The Company has a forty-five year history (listed on the American Stock Exchange (symbol: "CFS").\ • A Certified Small Business Enterprise (SBE) and Woman-Owned Enterprise (WBE) qualifying for supplier diversity requirements • COMFORCE has over 40 offices nationwide, serves over 8,000 clients, processed over 31,000 W2s in 2006 and continues to grow. • National licensed employer in 50 US States as well as Canada. • Total Revenues for 2006 reached over $600 million. • Ranked by Crains NY Business as one of the fastest growing companies. • Productivity Through People and Service Excellence are COMFORCE hallmarks. Who is COMFORCE?

  5. Office Location Headquarters Geographic Presence 40+ Offices Nationwide Corporate Headquarters Woodbury, NY

  6. Quick Start Staffing • Enables the Federal Reserve Bank to staff contingent workers as needed-when needed-without adding to its payroll. • Contingent workers are COMFORCE employees, on our payroll, your hidden payroll expenses will disappear. COMFORCE is the legal employer of record. • COMFORCE processes all of your company's payroll, handles the record keeping, and files taxes, W2 forms, workers comp insurance claims, and government reporting. • Provides consolidated billing and electronic reporting, e-enrollment and e-timecards. • A Cost Savings Solution

  7. Temporary Staffing: COMFORCE provides employees for short and long-term project assignments for the client. • Direct Hire: COMFORCE can assist our client’s staff augmentation efforts with recruiting and placing full-time professionals. • Temp-To-Hire: COMFORCE supplies employees for short and long term project assignments with the option for the client to hire. • Contract Consulting: COMFORCE provides and employs professionals who perform project based work with a defined scope and term for the client Other COMFORCE Services

  8. Current Clients Cingular Goldman Sachs KPMG Sandvik Group NBA Los Alamos Laboratories BAE Systems

  9. Quick Start Staffing Advantages Bring back the skills of experienced former employees, retirees, or utilize the services of consultants. Observe potential candidates for a trial period before a hire. An alternative to downsizing - utilize the valuable skills of your employees while they remain on our payroll. Simple Employee Enrollments Customized Management Reports - COMFORCE can provide real-time, online management reports on a regular basis that will help track and budget the use of contingent employees Employee Orientations - COMFORCE will provide a smooth conversion to our payroll for your employees Customer Service - COMFORCE will provide you with customer service support for payroll questions and changes

  10. Quick Start Staffing Advantages Enhanced Co-Employment Protection National licensed employer servicing 50 states & Canada. Same day, simple employee enrollments. Outsourced Administration. Employee Funding. Employer Unemployment & Workers Compensation Protection. Proven Technology Platform: Paperless System & Customized, Consolidated Billing and Reporting. Access to Employee Benefits: Medical, Dental, 401(k), Vision, etc. Personal consultation and enrollment orientations. Recruit & Retain Employees.

  11. Desired services vs. COMFORCE Services • Secure a National licensed employer. • Accurate Back Office processing of timecards. • A selection of Employee Benefits. • Timely weekly distribution of checks. • Automated Timecards.   COMFORCE can employ/payroll employees in all 50 US States including Canada. COMFORCE processes all payroll using Peoplesoft 8.8. COMFORCE Employees have access to Medical/Dental, 401(k), Disability & Life Insurance benefits. COMFORCE can customize its pay cycle (e.g. per diem). COMFORCE can accept paper, fax, MS Excel or Text files, E-timecards, and Web-based Timecards.

  12. Desired services vs. COMFORCE Services   Web-based, Automated Time and Expense Capture, Reporting, and Invoicing System (Accurate headcount). COMFORCE can generate payroll and invoice registers by Internal Account Code, Employee, SSN, Dept. & Supervisor. COMFORCE performs the 1099 Independent Contractor IRS compliance test, minimizes co-employment exposure and manages FLMA, FLSA and ERISA 401k plan compliance. Online and phone support for payroll questions and changes. Accurate and customized On-Demand Reporting. Customized Reports that can easily be manipulated electronically for G/L accounting entries. IRS, FMLA, FLSA, ERISA, & Co-employment Compliance. Customer Service.

  13. your company Payroll dept. reviews timecards & submits to COMFORCE (via e-mail, fax, or Fedex). or  COMFORCE Payroll Process Flow Chart COMFORCE Temporary Employee works one full week. Option 1 COMFORCE Employee submits weekly timecard to COMFORCE. COMFORCE payrolls the employee (deducts tax & benefits withholdings). COMFORCE corp. delivers checks/stubs to the employees or Payroll dept. for distribution. Employee submits weekly total hours on timecard tomanager or central office who signs & approves the timecard. Option 2 Hiring Manger. reviews timecards & submits to COMFORCE (online, paper, file, fax, e-mail). Company receives weekly online reports from COMFORCE

  14. COMFORCE Online Tools COMFORCE offers web-based online reporting that both employees and the Federal Reserve Bank can access on demand any time for: Employee On-Boarding / Registration E-Benefits E-Timecards Management Reporting

  15. Online: Web Portal

  16. Online: Employee On-Boarding

  17. Online: E-Benefits

  18. Online: E-Benefits (cont..) The online flexibility of the PeoplSoft Self Service Module enables you to choose from a variety of individual components to access your own personal information within a secure PeopleSoft environment. ePay – View Paycheck PeopleSoft ePay provides convenient online access to your payroll information. All employees of COMFORCE and its subsidiaries are given the opportunity to take advantage of the Self Service Module - ePay. Follow the simple steps below to access and view your paychecks via ePay. View Paycheck – From the Self Service homepage click the icon View Paycheck, your current paycheck will be displayed. Viewing Previous Paychecks - Click on ‘View a Different Payment’ at the top of the page to see previous paychecks. Choose the date of the paycheck you would like to view (blue hyperlink). e-Benefits The ‘e-Benefit’ module allows employee’s to review their benefit elections (i.e. Medical, Dental, Vision, Life, Disability, 401k and Flexible Spending accounts). The following icons are available to you from the Self Service Home page: Benefits Summary, Health Plans, Savings Plans, Insurance Plans, Flexible Spending Accounts and Dependent Beneficiaries. By choosing one of these icons, the system will bring you to that components summary page. From the summary pages, you will be able to navigate within that component to retrieve additional detail. Due to the numerous links within eBenefits, a separate user guide is attached.

  19. Online: E-Timecards

  20. Online: E-Timecards (cont..)

  21. Online: Management Reporting • Sample Reports Include: • Aged Trial Balance • Invoice Register • Payroll Register • Sales Copies

  22. Online: Management Reporting (cont..) • Reports can be exported in to an Excel or Text file • Keyword Search Tool allows querying of data

  23. Conclusion • Unmatched Experience and Expertise • Outsourced Administration • Proven Technology and Reporting Platform • Customer Service • Value for Money

  24. Thank You! We Welcome Your Questions! CONTACT: Scott Schnierer COMFORCE 40 East Midland Ave.Paramus, NJ 07652 Ph: 201-599-9100 Fax: 201-599-1947 Scott@COMFORCEstaffing.com www.COMFORCEstaffing.com

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