Staffing Opportunities and Our Compensation Structure
We are a new type of company brought about by the emergence of the Covid virus and expanding new technologies. Our Firm gives you the flexibility to work from your own home or business office or from any location that provides a stable internet connection, full or part time.
How our compensation structure works:
All individuals hired into our firm will be classified as either an Associate Independent Contractor, a Commissioned Affiliate or as a Commissioned Partner, becoming an Active Team Member (TM) with our Firm.
There are seven classification levels of Team Members (TMs); Intern, Clerical, Bookkeeping, Specialist, Senior, Executive, and a Partnership Level. A TM’s compensation structure will be based on the classification assigned to them.
TM Classifications are determined by skill levels, experience, specialized areas of expertise, their accredited certifications and licenses, heir accomplishments, and by their tenure with our firm. All compensation is paid through our Client Account Revenue Sharing Program (CARSP). In this structure, TMs are paid as Independent Contractors or as Affiliate or Partnership Commissions, and no taxes are withheld from their earnings.
Each TM with be issued a 1099 year-end earnings statement, and will be responsible for reporting their earnings to the IRS, and for any income tax liabilities assessed against their earnings by a Federal, State, County or City government, or by any Legislative entity that has legal authority to collect taxes against earnings or commissions paid.
In this structure, our Firm does not provide paid benefits, (health insurance coverage or paid vacation leave, etc). However, we do maintain a bonus and rewards program that is designed to benefit TMs that have met or exceeded performance standards and fiduciary guidelines, and have exhibited exemplary work ethics.
Due to the amazing advances in e-commerce technology, you can now work in the secure comfort of your home, and amazingly, have instant access to an on-line Virtual Advisor that can assist you in booking complex financial transactions, so all your bookkeeping entries will be accurate and correct.
Our marketing and sales force works diligently to acquire new clients, so we consistently need to add new Team Members with knowledge in diverse sectors of industry and business operations.
We have many Team Member staffing opportunities available.
If you have not yet submitted your resume or cv to our firm, referenced below is a skill set table to identify your areas of professional expertise. Please check all appropriate boxes, each individual skill has value and can generate income. You can also attach and upload your resume and supporting documents.
This information will be uploaded into our Team Member database and will be matched to our client accounts. This makes it efficient for us to identify and select the most appropriate skilled Team Members that match to our various client service requests. And, when needed, we can match Team Members together for Clients that have specialized or diversified service needs, which may require the organization and scheduling of multiple services.
Knowledge and Skills Sets That Are Preferred by Our Clients
Please Select All Skill Sets and Areas of Expertise That You Possess
Once the project types have been identified, we access our TM database and match the most qualified TMs to each project type. TMs are then contacted; initially by email, then by phone or live chat at which time we present and discuss project opportunities.
After the presentation, the TM will have the opportunity to accept or decline the project. If the TM accepts the project, a negotiated compensation structure and work schedule will be finalized, and a project agreement document will be emailed to the TM for signature.
Once the document has been signed and returned to our Firm, the TM will be given the Client’s contact information, and the handling of that project will begin.
Some projects may be short-term and can be completed in 3 or 4 days while others could last for weeks or months. If a TM is assigned to handle one of our client’s month to month bookkeeping accounts, and their performance meets industry standards, that project assignment usually becomes permanent and the TM would be dedicated to that specific client indefinitely.
However, the TM would always have the freedom to consider other lucrative opportunities that might become available, and to transfer their current project to another TM. In addition, there are projects that will require the assignment of more than one TM to efficiently handle the client’s volume of financial transactions or multi service needs.
These types of projects would be classified as a Multi-Team-Member Project. In this case, two or more TMs would be assigned to the account and would need to work together as an organized team. One TM would be designated as the Managing TM and would be responsible for coordinating the work flow and staffing needs of the project.
Depending upon the size or growth of the company, it may take two or more bookkeepers with specialized skills in specific areas, e.g., Vendor and Accounts Payable Administration, Sales and Accounts Receivable Administration or Payroll Administration. Additional areas of administration may include: Financial Analysis and Cash Flow Management, Budgeting and Cost Control, Inventory Control, the Procurement of Loans or Lines of Credit and Debt Management, Tax Planning and Tax Preparation and Filing, etc.
Other areas of administration requirements may include: Secretarial and Clerical Functions, Advertising and Marketing Functions, Computer, Website, and IT Support, Insurance Coverage and Claim Processing, Certified CPA Audits and Financial Statements, Paralegal or full Legal Activities, and Growth Development Planning, etc.
It would be the responsibility of the Managing TM to identify the needs of the client’s business, coordinate the required staffing and work flow, and to efficiently manage the project. This may include the rotating and interchanging of various TMs through the tenure of the project.
It is also the paramount responsibility of all TMs to maintain a cordial and respectful relationship with our client business owners and any of their staff members as well as to evaluate ways to improve their company’s organization and profitability.
A TM’s compensation structure or pay rate is usually determined through direct negotiation. However, our Firm usually tries to stay within the documented national average of pay rates. Our Firm maintains and updates this information regularly in our own database.
However, you can easily verify these rates by doing your own research on the internet or you can simply visit indeed.com search salaries, there you will be able to quickly find average compensation statistics for most any job type, and your search can be categorized by industry and geographic location.
Our Firm’s pay rates tend to be above the national average as the majority of our TMs have one or more certifications as well as verified Licenses, and they possess industry standard state-of-the-art-skills, and are fully vetted.
Earnings payments and commissions are paid twice a month, usually around the 1st and 15th of each month and are processed by electronic bank transfer, so all TMs will be required to have a bank account with an account and routing number.
Important Note: If a client company does not pay our Firm on time as per agreement, our Firm will suspend the client’s account, and all TMs associated with that client will be immediately notified of the suspension. All work in progress for that client would be temporarily halted. No further contact from any of our TMs with that client would be permitted until the suspension is lifted. If the above were to happen, the TM’s compensation would also be temporarily halted until the client’s suspension was lifted or the TM is transferred to a new project.
Our Firm maintains a TM bonus and rewards fund. A certain percentage of our Firm’s revenues are consistently transferred into this fund. These become reserved funds that are strictly used for paying TM bonuses. The larger the fund grows, the more bonuses we can pay.
Our TMs are our Firm’s greatest asset and we place a high priority on being able to pay them bonuses and to give them unanticipated rewards. TMs earn these bonuses or rewards by meeting or exceeding performance standards and respecting fiduciary guidelines.
We also distribute bonuses and rewards based on a TM’s quality of work, dependability, length of tenure, the kind of relationship a TM establishes with our client, and the value of their suggestions on how a client can improve the organization and profitability of their business.
The resilience of a TM to continue to expand their knowledge base, their skill levels, and their certification credentials is also highly valued as well. And for those individuals who have high career expectations, that enjoy and thrive on hard work, that excel in their efforts, and want to achieve the highest levels of success, we offer Partnership Positions.
Sincerely,Arthur Anderson