Ensemble Chimes Global Bankruptcy

14th January 2008

ClearPath Workforce Management Available for Companies Affected by Ensemble Chimes Global Bankruptcy

Firm to provide interim and long-term contingent/contract worker management

MOUNTAIN VIEW, C.A.—January 14, 2008—ClearPath is making its contractor management and payroll services available to companies caught in the Axium International/Ensemble Chimes Global bankruptcy filed last week.

ClearPath, a contract worker management company, is offering impacted companies and staffing vendors a short-term alternative to transition payroll services from Axium/ECG as they evaluate their long-term strategy in managing contract workers. ClearPath provides a firewall for companies in managing risk for contingent workers, including payroll, taxes, benefits, workers’ compensation, 1099 compliance and outsourced HR and labor law.

“We’ve already assisted some companies in transitioning their contract management and payroll services as a result of the Axium/ECG crisis,” said Jason Posel, senior vice president. “Companies must make quick decisions to prevent tax and legal liabilities. We provide them both an immediate transition and a long-term complete solution.”

ClearPath, founded almost 15 years ago, provides contingent workforce management services that enable companies to efficiently and cost effectively engage the talent they need, while minimizing the risks associated with contract labor. ClearPath acts as a traditional employer—hiring the workers as their own W2 employees, capturing time and expenses online, processing payroll, providing benefits and HR support to them. Given ClearPath’s specialization in contract payroll solutions, their fees are typically significantly less than traditional staffing companies. For affected companies, ClearPath is offering special reduced rates to help them in this transitional period.

ClearPath’s 1099 compliance services and branded vendor-neutral software helps businesses properly manage their independent contractors, mitigating the potentially expensive risk of misclassification that may be a contributing factor in exposure and subsequent liquidation.

About ClearPath
ClearPath is a leading HRO with a focus on the contingent labor market. With 17 years of experience our contractor management and payroll programs include: Employer of Record (ClearPath hires your contractors as our own W-2 employees); Agent of Record services (billing and payment consolidation for Independent Contractors); Direct Source (leveraging your brand to drive internal recruitment); and Independent Contractor compliance solutions. With ClearPath, companies can efficiently and cost –effectively engage, retain and manage the talent they need, while mitigating the risks associated with contingent workers.

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