December 13, 2013 7:49 AM
We’re happy to announce that this week, Group Management Services (GMS), received the Weatherhead 100 award in recognition as one of Northeast Ohio’s fastest growing companies. From 2008 through 2012, GMS experienced a 55.5% growth in sales, making us the largest Ohio-based professional employer organization. The Weatherhead 100 award is given to companies whose net sales grew from at least $100,000 to over $1 million in the last five years and employed a minimum of 16 people full-time in 2012.
Mike Kahoe founded Group Management Services in 1996 and has built the company into an industry and regional leader with over $30 million in revenue. An 8-time Weatherhead recipient, GMS services over 800 clients in 42 states. With over 90% of our clients renewing their contracts each year, our administrative outsourcing services touch the lives of more than 14,000 employees.
As a professional employer organization, GMS helps small and medium sized business owners focus on what matters most - growing their business. With GMS, business owners can eliminate the time and costly resources dedicated to administrative duties such as:
- Human Resources
- Payroll & Tax Services
- Risk Management
Group Management Services has continually expanded its services for small and medium sized business and in 2013, launched Group Captive Management, a self-insured captive insurance company. To enhance their third-party administration services, GMS merged Ogden Benefits Administration, Employee Benefit Concepts and Variable Protection Administrators into their offerings this year.
The Weatherhead School of Management has been recognizing the region’s fastest growing companies for more than 25 years. The Weatherhead 100 awards were established to celebrate the entrepreneurial spirit of Northeast Ohio and to recognize those companies which serve as leaders to all the region’s businesses.