Request a sample online: RIB Report – Member Profile and Data Collection template
The monthly RIB Report rates each member’s specific results and instantly shows how your business is performing against the Index as a whole. It’s quick to complete and provides specific and personalised results. The monthly RIB Report provides owners and managers with factual data that is proven to stimulate the improvement of team performance and build profitability.
To receive the personalised monthly RIB Report, members agree to provide accurate financial data each month. RIB will provide you with a reporting template that must be completed by your company and returned to us by the 25th of each month. Data is collected one month in arrears. Once your membership has been confirmed, you simply input your operational data into the Data Collection template each month and return to RIB. The information is then processed into bespoke reports.
The reporting template is easy to use, takes only 20 minutes to complete. Delivered electronically, the Reports are issued around the 10th of each month.
The graphical report draws your attention by page to the following IMPORTANT FACTORS & TRENDS within a recruitment firm;
- Profit Review – By value, as % of Gross Profit and as a % of Sales
- Sales Review – Total Sales, temp and perm comparisons and sales mix
- Gross Profit Review – Contribution by service
- Temp/contractor Review – Hours, Gross profit and volume comparisons
- Perm Review – Placements invoiced, average fee and productivity comparisons
- Productivity Review – Comparisons by income streams and people
- Productivity Review – Comparisons of productivity measured against cost
- Expenses Review – Comparisons to 5 key financial benchmarks
Annual Membership includes:
- 12 x Personalised RIB Reports – Members commit to supply monthly data
- 2 x RIB Financial Year Reviews – Half Year and Year End
- Annual Data Collection Template
- User Guide – Providing the definitions of each graph
- One hour telephone consultation
Cost:
$1,000.00 plus GST. All prices are shown in Australian Dollars. GST does not apply to New Zealand members.
Joining the RIB Report couldn’t be simpler, just register here.