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| Optimal Management, Inc. 1660 So. Amphlett Blvd, Suite 217 San Mateo, CA. 94402 650-655-2190 Fax 650-655-2191 staffing@optimal-mgt.com |
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OPTISAVE©. We have developed Excel
modules for your use that demonstrate the cost savings and benefits to
prospective clients. This has been developed for temp services compared
to having a full time employee and using your perm services vs. a
client performing a search on their own. The formulas in the modules
are preset. All you have to do is input your data to customize the
results for any situation.
OPTIPRICE© PRICING MODULES. For day
to day decision making, we developed and copyrighted a set of temp
pricing modules. We provide an Excel version of this to our clients for
quoting business to determine how to best price their services and see
how to, optimize their bottom line. This, using the variables at their
disposal, such as the number of temps, hours/week, mark-up, duration of
assignment, bill rate, temp to hire conversion fees, etc. The module
provides for multiple cases to see how one can make trade offs, such as
reducing mark-up and increasing the numbers of temps on assignment.
OPTIPLAN© PROFITABILITY ALGORITHMS. For annual
planning purposes, we developed and copyrighted a unique set of
planning modules. We provide this as part of our consulting services to
our clients in developing their profit plans and monitoring their
performance against it. It allows us to weigh various strategic
variables in building ones business. For temp this includes such items
as the number of assignments received, fill ratio, duration of
assignment, etc.
OPTICASH© CASH FLOW MODULES. For longer term
planning, we developed and copyrighted another set of modules which is
used to determine cash flow. We provide this as part of our consulting
services to our clients in developing their strategic plans. It allows
us to determine the cash needed to breakeven, the time required for
cash recovery, return rates and other key performance measures. Here
again we can weigh select variables in building the business.
OPTICOMP© ANNUAL COMPENSATION PLANS.
We develop compensation plans for your staff to determine "win-win" packages both to the company and the individual. We flex this plan so that it works under various economic assumptions. We typically use sliding incentive rate scales, to both control the payout for low producers and sufficiently reward high producers. No two plans are alike given existing pay plans, profitability and the marketplace.
OPTIEXIT© BUYOUT PLANS.
As the number of acquisitions has decreased markedly over the years and there is no guarantee that one can sell even a well run and profitable company at a fair price. We therefore have created internal buyout plans for the key staff to buy the company out from future cash flow profits at fair market value and the staff inherits a viable entity. These plans are customized for each company depending on their special circumstances, providing a relatively secure exit strategy for the owners. This plan also acts as retention devise to hold onto key managers and producers. We typically structure this plan for the owners to retain a minority equity position so that they have a continuing dividend stream after the sale of their majority stake.
OPTISAVE© CLIENT PROFIT IMPROVEMENT MODULES.
We develop a set of modules that quantify the hard dollar savings that you can bring to win prospects and retain clients alike. This package has an interactive Excel worksheet that feeds a PowerPoint presentation which is then provided to the customer. The worksheet not only determines both the savings you will deliver, but also the incremental profit you will receive. You will be able to set yourself apart form your competition who at best talks about generalities and qualitative improvements; rarely hard dollars.
OPTIMARKET© PROGRAMS.
We can determine the size of any temp or contract metro market including a breakout of job classification within. From this we can determine your market share and areas for potential growth. We can also determine the compensation levels of various positions including salary ranges.
OPTIMAL/MATRIX© MSP/VMS PROCESS.
The commoditization of the staffing market has taken place via the growing portion of business done via MSP/VMS models. The staffing company can become the MSP provider; they can drive the system and offset lower margin rates with substantially higher volume and profits. They can then farm out the VMS business and offset the attendant management and systems cost for a profit neutral effect. Our system is in service in various staffing environments and disciplines.
OPTICONTRACT© PROGRAMS.
We customize contracts for clients, employees and contractors based on your objectives and provide the boiler plate language for staffing contracts based on designing numerous agreements. This is then passed by local legal counsel to make sure we are in conformance with state law.
OPTIADMIN© PROGRAMS.
We have developed an employee policies and procedure manual for training in all staffing areas from senior management and sales, to recruiting and finance. These manuals become the basis for customized on site training sessions.
OPTIMEDIATOR© PROGRAMS.
We routinely deal with and resolve a wide variety of interpersonal situations, from family matters and valuation to job duties and employee disputes. Based on our many years of experience we can often avoid litigation and resolve situations before they reach the critical stage when we are brought into before the matter becomes critical.
KEY
OPERATING RATIO DATABASE. Over the years we have developed a
substantial database of performance standards that provide us with key
operating ratios for each of the major staffing segments. We have
extracted from this upper quartile, medians and lower quartile levels
of performance. We track your company’s performance by person and by
office. We provide you with appropriate standards to maximize the
productivity and efficiency of your staff and the profits of your
company. We generate a set of graphs from this database that allows us
to see where we are trending.
WEEKLY REPORTS, CONVERSATIONS AND MEETINGS. We
communicate with you by phone, in person and via written reports. We
discuss whatever is important to you and provide our thoughts and
recommendations based on our experience and what we see happening. We
determine if we are on track to accomplish our goals, or if not, what
corrective action needs to be taken. We base this on conversations and
meetings, the OPTIPLAN© budget vs. our actual performance, your
key operating ratio database and graphs, the staffing marketplace and
other important events.
We are there for all aspects of your business.