New Online Pay Rate Calculator Reduces Payroll Helps Avoid Layoffs

NEW YORK, NY - August 13, 2001 -- Fusion Alley, LLC http://www.fusionalley.com announced today the addition of an online pay rate calculator including a payroll outsourcing
service that can simplify a contract employee bill rate estimation while reducing an employer's payroll and benefits expenditures. The calculator is a front end cost estimating tool designed to support a new outsourcing program known as "Employer of RecordTM," a joint service offered by Fusion Alley, LLC and Top Echelon, Inc.

"Economic and hiring slowdowns prompted us to add the rate calculator and Employer of RecordTM service as part of our ongoing effort to help employers reduce the ever-rising cost of payroll and benefits related expenses," says Dan Strickland, President of New Business Development with Fusion Alley.

"Essentially, employers can save more money by outsourcing some of these functions to a firm like ours and can possibly avoid laying off people they want to keep."

The Employer of RecordTM Rate Calculator is a simple, online calculator that determines the hourly pay rate for a candidate and the corresponding bill rate to an employer for utilizing the Employer of RecordTM service, given the state and locality where the candidate would be employed. For a preview of the rate calculator and more information on the Employer of RecordTM
service, visit <http://www.fusionalley.com>.

By utilizing the Pay Rate Calculator to estimate bill rates, employers can then register candidates in the Employer of RecordTM service for processing. By doing so, an employer minimizes expenses associated with the administration of payroll taxes, insurance, benefits, employment contracts, workers'
compensation, payroll funding, and payroll processing.

Fusion Alley's service meets the needs of companies, both large and small, who wish to retain or hire freelance or contract
candidates on their own (via layoffs, Internet, retirees, 1099 conversions, etc.) but do not necessarily wish to incur the additional expense of maintaining or adding that employee to their own payroll and benefits program.

"In the past 18 months, we've noticed a significant increase in the need for an online tool with these functionalities," says Debbie Fledderjohann, Director of Contracting with Top Echelon, regarding the pay rate calculator. "This tool is the first and only of its kind designed specifically to connect freelancers, contractors and employers throughout the U.S."

About Fusion Alley:
Fusion Alley provides human capital recruitment and consulting through specialized staffing and advertising solutions.

About Top Echelon:
Top Echelon is the world's largest network of recruiters, providing top-flight back office services for leading employers nationwide.

CONTACT:
Fusion Alley, LLC
Dan Strickland
(201) 795-2900
mailto:
http://www.fusionalley.com





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