MARGIN CALCULATOR FOR THE TEMPORARY STAFFING INDUSTRY

• US 20090012837A1
• Filed: 07/07/2008
• Published: 01/08/2009
• Est. Priority Date: 07/06/2007
• Status: Active Grant

• Current Assignee: Jobdiva Incorporated (Axelon Services Corp.)
• Original Assignee: Jobdiva Incorporated (Axelon Services Corp.)
• Inventors: Obeid, Diya
• Granted Patent: US 8,504,414 B2
• Time in Patent Office: Days
• US Class Current: 705/9
• CPC Class Codes: G06Q 10/06375 Prediction of business process outcome or impact based on a proposed change
• CPC Class Codes: G06Q 10/10 Office automation; Time management

Abstract

A system and method for providing accurate margin calculations for the temporary staffing industry. A database is provided to allow multiple users to enter parameters that impact the margin such as payroll, benefits, discounts, rebates, and per diem expenses. The system can also include external data sources for retrieving information that impacts margin, such as locale specific tax information. The combination allows temporary staffing providers to engage negotiate complex temporary staffing contracts while retaining a satisfactory margin.

Claims

1. A system for providing margin calculations for the temporary staffing industry comprising:

a database comprising a plurality of electronic records, the electronic records comprising margin calculation parameters;

a server, communicatively coupled to the database, the server capable of generating margin calculations based upon margin calculation parameters; and

,

a client device, communicatively coupled to the server, the client device capable of displaying a margin calculation interface to a user, the margin calculation interface capable of receiving margin calculation parameters from the user and transmitting the margin calculation parameters to the database by way of the server, the margin calculation interface capable of receiving margin calculations from the server and displaying the margin calculations to the user, the margin calculation interface capable of associating the margin calculation parameters and the margin calculations with an employee record and storing the employee record in the database by way of the server.

2. The system of claim 1, further comprising an external data source, the external data source capable of providing additional margin calculation parameters to the server.

3. The system of claim 1, the client device comprising a computer.

4. The system of claim 1, the client device comprising a cellular phone.

5. The system of claim 1, the electronic records further comprising client profiles.

8. The system of claim 1, the margin calculation interface preventing a user from entering a discount if the discount would result in the margin being less than a threshold margin value.

9. The system of claim 1, the margin calculation parameters comprising revenue impacting parameters.

10. The system of claim 1, the margin calculation parameters comprising overhead parameters.

11. The system of claim 10, the overhead parameters comprising salary.

12. The system of claim 10, the overhead parameters comprising payroll taxes.

6. The system of claim 6, the client profiles further comprising client specific margin calculation parameters.

7. The system of claim 7, the client specific margin calculation parameters comprising a discount.

13. Computer program process code, tangibly stored on at least one computer readable medium and executable by a processor running on a computing device, the computer program process code comprising instructions for:

storing a plurality of electronic records in a database, the electronic records comprising margin calculation parameters;

displaying a margin calculation interface to a user on a client device;

receiving margin calculation parameters from the user via the margin calculation interface;

generating margin calculations on a server, the margin calculations based upon the margin calculation parameters in the database and the margin calculation parameters received by the margin calculation interface; and

,

displaying the margin calculations to the user via the margin calculation interface;

allowing the user to associate the margin calculation parameters and the margin calculations with an employee record via the margin calculation interface.