Terms of Trade

Prior to any engagement we will first agree upon the brief, OpticsNZ will then respond in proposal format, ensuring clarity for all parties.

Locum Service

Clients pay the locum direct as well as any fees for accommodation and/or travel.

OpticsNZ scope will be to provide an introductory service, complete an assignment agreement making all terms clear for all parties prior to sign off

For this service we charge a fixed rate per day fee; that daily fee differs by profession for example: Dispensing Opticians $65 per day; Optometrists, Orthoptists, Ophthalmic Nurses $80 per day Ophthalmologists $110 per day

Recruitment

Operating on a contingency basis means fees are only payable on performance

We are well connected with the NZ immigration service, national and Australian associations, colleges, registration boards and the medical council and provide full support for all candidates seeking employment.

Our fees are fixed for each profession, our scope is all encompassing: reference checking, offer of employment letter, job description and employment agreement and then establish a performance management platform.

Sales Executives, Laboratory Technicians/managers $3.5k

Practice Managers and Dispensing Opticians $4k

Ophthalmic nurses and Orthoptists $4.5k

Optometrists $6k

Ophthalmologists $9k

Practice Brokering

OpticsNZ will broker practices where we have been appointed the sole representatives for the first 12 months.

Our scope is all encompassing; we will need a day of your time and full prior access to the last three years financials and practice software for KPI reports, frame aging reports etc.

Our fee structure is:

3% of the sale value for practices that sell for over $1m

4% for those between $500k and $999k

5% for those between $250k and $499k and

6% for under $250k

With a non refundable $5k being charged up front; the balance on performance, marked by the signing of a sale and purchase agreement.

Business Consulting

Once we have a clear brief on our clients need, we will more commonly prepare a “project” proposal with recommendations and potential cost prior to engagement.

Our scope here is normally quite specific and (start/finish) project based for example: business and marketing plan completion (or audits of existing plans) , HR audits, marketing initiatives, culture and values audits, supply chain reviews etc

Proposals are based upon an hourly rate of $115 per hour

Retaining OpticsNZ

Business consulting with a long term partnership approach, in this case we reduce our hourly rate and are retained for a set number of hours per month. Our scope here is less specific, you can use our services as you wish or need.

Example one day/eight hours per week or 32 hours per month at a rate of $90 per hour, $2880 per month

The Finer Detail

All rates shown are expressed in NZD and are exclusive of GST

For work in Australia the fees remain the same but they are expressed in AUD and are GST free.

Travel costs required for recruitment, practice brokering or business consulting services are a client expense. Prior approval will always be sought.

Any client costs incurred by OpticsNZ will have been prior approved; any invoices for the likes of production, photography, graphic design, web or Facebook building, printing etc, will be billed directly to the client for payment.

Invoices issued by OpticsNZ are presented strictly on 7 day trading terms