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How our Program works: Financial Projections

CityLab Professionals’ work is based on the principles of strategic thinking, focused innovation, rigorous execution, and continuous improvement. We partner with forward-thinking brands to create campaigns that attract and build customer delight platforms that deliver immersive digital experiences.
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Business Development Services

Our friends call this, this Radical Hospitality. This simple principle
can and should be applied to everyone; equally. It’s
the unexpected level of care that restores dignity;
that rekindles hope and optimism and fuels the sense
of opportunity vital to stopping the vicious cycle of
homelessness

We manage referrals

The definition of referral management is managing the process by which protential partners are transitioned to the next step in their decision making process.

As a Partner in your success we introduce you to the Employment Training Panel.

The Employment Training Panel (ETP) grants funding to employers in order to help them upgrade their workers’ skill level through training. This in turn leads to higher productivity and good paying, long-term jobs

ETP is a State of California program that was established in 1983

It is funded by your company’s tax dollars. A portion of UI tax is set aside for ETP general fund

ETP allocates funding to companies who go through a proposal process leading to a contract

ETP funding is performance based. Funding is earned by your company on a trainee by trainee basis, after documentation of training using simple sign in sheets known as rosters, and after trainees meet basic ETP guidelines.

The definition of referral management is managing the process by which protential partners are transitioned to the next step in their decision making process.

Employment Training Panel Program (ETP) is a program to fund training for companies in the State of California.

Individuals who want to use ETP Funds for their personal development are not allowed to use those funds with CityLab Professional.

Here’s How:

• You purchase new (or new to you) qualified equipment, and finance it through Crest Capital. The below graph assumes $50k worth of equipment.

• You take your Section 179 deduction, which gives you an average net tax savings of $17,500. These are real dollars that stay in YOUR bank account instead of the IRS’s.

• Assuming a monthly payment of $1,120, your raw tax savings work out to nearly 16 months of payments.

• Not only does your tax savings cover your payments for over a year (thanks Uncle Sam!), you also get to USE the equipment to make MORE revenue. Win-Win.

Fidelity Bond Program: New Hire Security

The Fidelity Bonding Program is designed to assist at-risk job seekers return to work, and offers an incentive to employers that guarantees the job honesty of those at-risk job seekers.

The bond would reimburse employers for theft of money or property sustained by the employee. An employer can receive a bond of either $5,000, $10,000 or $15,000 for a job seeker.

The job seeker must have authorization to work documents, must be at least 18 years old, and have a firm job offer from the employer.

The employer must be located in California and pay wages with the federal and state taxes automatically deducted from paychecks, among other requirements also listed on the Directive.

Once the employer provides the job seeker a firm job offers, the job seeker must go into an America’s Job Center of California (AJCC) to meet with a staff member and complete the Bond paperwork, or speak with a representative over the phone.

The AJCC locations and phone numbers can be found here: https://www.careeronestop.org/LocalHelp/AmericanJobCenters/find-american-job-centers.aspx. The documents can also be found on the Employment Development Department (EDD) website www.edd.ca.gov.

In addition to assisting with the bonding process, they are great resource for job seekers and employers.

What is ETP (Overview)

The Employment Training Panel (ETP) grants funding to employers in order to help them upgrade their workers’ skill level through training. This in turn leads to higher productivity and good paying, long-term jobs

1.      ETP is a State of California program that was established in 1983

2.      It is funded by your company’s tax dollars. A portion of UI tax is set aside for ETP general fund

3.      ETP allocates funding to companies who go through a proposal process leading to a contract

4.      ETP funding is performance-based. Funding is earned by your company on a trainee by trainee basis, after documentation of training using simple sign in sheets known as rosters, and after trainees meet basic ETP guidelines.

 

Our website will provide you with information about the ETP, and CityLab Professional’s partner organization & services.

Some ETP Funding Guidelines (subject to change by ETP)

Funding is for full-time California employees below director level who earn a minimum of $19.00-$26.00 per hour or more. Wage requirements vary by county of business location.

You may have the option to add the company portion of health benefits (health/vision/dental) to bring up hourly wage to meet ETP minimum requirements.

Inherent Knowledge Public Benefit Company for Citylab Professional

Trainees must complete at least 24 hours each but not to exceed 200 hours of training each in a 21-month period of time

Reimbursement rate varies by size and type of company

To Earn ETP Funding

Our services will facilitate your company through the ETP process providing discovery assessment to an approved ETP funding contract, and finally administration of funding and earning of funds. ETP funding is performance based. To earn funds:

Trainees must:

Complete training hours

Remain with company for 90 days after last day of training

Meet ETP wage and other requirement

Training:

Must be supplemental, above and beyond basic skills and routine training

A typical training program will identify and commit to:

Average number of hours, for an estimated number of trainees, over 21 months

Sample Types of training that are typically fundable (not limited to):

Can be delivered by any In-house staff person or by outside vendors approved by ETP

Sample training topics are continuous improvement; lean techniques; quality implementations; Certifications such as ISO, AS9100, HAACP, OSHA 15 or 30; new product launches; new industries; new equipment training; software/computer upgrade training (upgraded CRM, ERP, manufacturing software & new servers, computers, printers, etc.)

 

 

Some of your Client Responsibilities

1.      Maintain a commitment to training employees

2.      Appoint a key in-house contact to work directly with our organization and ETP

3.      Provide Information about Company History, Current Operations, Goals, and Growth plans

4.      Provide Information on full-time employees, wages, and demographic info

5.      Utilize ETP Sign-in Sheets (known as Rosters), to document training-related activities

6.      ETP or State of CA may randomly choose your company for an audit. Maintain original ETP documents and employee payroll/wage information for 3 years after the expiration date of Client’s ETP Agreement

Summary of our Services

Contractor refers to our organization, Client refers to you and your company and; ETP refers to Employment Training Panel Program.

Inherent Knowledge Public Benefit Company for Citylab Professional

Employment Training Panel Proposal Development:

1.      We work with you and ETP to develop and submit a proposal, from Registration through Agreement approval resulting in an approved funding contract for your company.

2.      If the agreement is not approved by ETP, any deposit fees collected (phase 1) will be refunded.

3.      A representative of our organization will accompany client to ETP Panel meeting if necessary.

ETP Administration of funding (after your approved funding contract):

We customize ETP templates for your use, educate you on use of templates and manage the administration of your funding from enrollment through invoicing of ETP (funding is sent directly to your company).

Our Fees:

 

Phase 1: Assessment & Proposal Development (your ONLY out of pocket costs for our services)

10% of proposed ETP funding amount, payable in 2 installments

5% for Assessment when we begin, 5% for Proposal after ETP Panel approval

Phase 1 fees will be refunded if ETP Panel doesn’t approve project (very unlikely)

Phase 2: ETP Administration

13% of funds earned by ETP, payable to us AFTER you receive your funds from ETP.

 

Microsoft Office Signature Line...

The definition of referral management is managing the process by which potential partners are transitioned to the next step in their decision making process.

Employment Training Panel Program (ETP) is a program to fund training for companies in the State of California.

Individuals who want to use ETP Funds for their personal development are not allowed to use those funds with CityLab Professional.

Funding is for full-time California employees below director level who earn a minimum of $18.00-$22.00 per hour or more. Wage requirements vary by county of business location.

You may have the option to add the company portion of health benefits (health/vision/dental) to bring up hourly wage to meet ETP minimum requirements.

Trainees must complete at least 24 hours each but not to exceed 200 hours of training each in a 21 month period of time

Reimbursement rate varies by size and type of company

Our services will facilitate your company through the ETP process providing discovery assessment to an approved ETP funding contract, and finally administration of funding and earning of funds. ETP funding is performance based. To earn funds:

Trainees must:

Complete training hours

Remain with company for 90 days after last day of training

Meet ETP wage and other requirement

Contractor refers to our organization, Client refers to you and your company and; ETP refers to Employment Training Panel Program.

Employment Training Panel Proposal Development:

We work with you and ETP to develop and submit a proposal, from Registration through Agreement approval resulting in an approved funding contract for your company.

If agreement is not approved by ETP, any deposit fees collected (phase 1) will be refunded.

A representative of our organization will accompany client to ETP Panel meeting if necessary.

ETP Administration of funding (after your approved funding contract):

We customize ETP templates for your use, educate you on use of templates and manage the administration of your funding from enrollment through invoicing of ETP (funding is sent directly to your company).

Our Fees:

Phase 1 : Assessment & Proposal Development (your ONLY out of pocket costs for our services)

10% of proposed ETP funding amount, payable in 2 installments

5% for Assessment when we begin, 5% for Proposal after ETP Panel approval

Phase 1 fees will be refunded if ETP Panel doesn’t approve project (very unlikely)

Phase 2: ETP Administration

13% of funds earned by ETP, payable to us AFTER you receive your funds from ETP