Press Release - Collective P.O.S. Named as one of Canada's Best Small and Medium Employers

Canada's Leading Merchant Services Provider Ranks 16th in an Aon Hewitt / Queen’s School of Business 2012 Research Study

Toronto, ON  - February 8, 2012

Collective Point of Sale Solutions (Collective P.O.S.), a leading Canadian provider of debit and credit payment processing services, has been recognized as one of the Top 50 Best Small and Medium Employers in Canada. The study was conducted by Aon Hewitt and the Queen’s School of Business and published in the March issue of PROFIT Magazine. This award recognizes companies across Canada with high employee engagement.

The award is the latest in a string of accolades for the payment processing and merchant services provider. In November 2011, Aon Hewitt and the Queen's School of Business named Collective P.O.S. one of the Best Employers in the Greater Toronto Area, ranking it 5th within the top 35.

"We are very honoured to be ranked as one Canada's Top 50 Best Small and Medium Employers for 2012.  We recognize that our people are the most important part of this company and we work exceptionally hard at creating a corporate culture that engages employees, delivers results and is a fun place to come to work every day.” said Michael Back, CEO and President of Collective P.O.S. 

According to Aon Hewitt, employees are engaged when they “say, stay and strive”:  they speak positively about the organization to others, are committed to remaining with their current employer, and are motivated by their organizations’ leaders, managers, culture and values to go “above and beyond” to contribute to business success.

Lidia Cords, Manager of Human Resources for Collective P.O.S. said: "We are immensely proud of our employees, our management team and our company as a whole. Being ranked #16 out of the Top 50 Best Small and Medium Employers in Canada is a tremendous achievement that we take great pride in.” 

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About Collective Point of Sale Solutions Ltd.
Founded in 2001, Collective Point of Sale Solutions Ltd. (Collective P.O.S.) is Canada’s choice for payment processing and merchant services.

The company’s mission is to provide entrepreneurs and owners of small to medium-sized businesses with affordable, convenient and more customized alternatives to the debit and credit card processing services currently offered by major banks and other payment processors.

Collective P.O.S. serves more than 10,000 businesses across Canada, processes in excess of $1 billion worth of debit and credit transactions annually and employs 70+ people.

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About Aon Hewitt
Aon Hewitt is the global leader in human resource consulting and outsourcing solutions. The company partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance. Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies. With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. For more information on Aon Hewitt, please visit www.aonhewitt.com.

About Queen's Centre for Business Venturing (QCBV)
Based at Queen’s School of Business, Canada’s leading business school, QCBV's mandate is to become the leading and definitive source of knowledge and expertise in the creation, leadership and management of new ventures. It accomplishes March this by developing innovative curriculum, providing access to pools of capital to fund new ventures, conducting applied research, brokering and being a hub of SME and new venture knowledge, and by playing a key role with decision-making bodies. Its focus is to increase the odds of success for Canadian new ventures.