Case Studies

 
 

 

 
 

 

 

 

Case Studies
GLENN LEVAR AND STHRM, INC. WORKS WITH ELECTRIC PRODUCTS MANUFACTURER & DISTRIBUTOR NETTING A SAVINGS OF $1.35 MILLION

Providing value to clients since 1993, STHRM, Inc. is a value oriented source for Human Resources solutions through private consulting and custom designed systems, thereby presents a high value – low cost solution to fixed cost human capital issues.  Our staff has more than twenty-five years of corporate human resources experience with “Fortune” listed, “Inc. 500”, as well as privately owned businesses. The following STHRM, Inc. case study exemplifies the types of opportunities/challenges undertaken and the sound, value added solutions we provide.

Challenge: The client is a privately held company that manufactures and distributor electric products.  The challenges arose from the deteriorating economy. 

Solution:
STHRM, Inc. was hired in the capacity of an Interim Director, Human Resources.


Accomplishments:


·        
Performed a comprehensive analysis of the present state of Human Resources effectiveness.
·         Developed and executed a salary reduction in force (RIF)
·        
Assisted with guidance in preparing for labor contract negotiations and strike contingency planning.
·        
Completed an hourly workforce reduction in force resulted
·        
Revised and updated the Company’s Ethics Policy.
·        
Developed and implemented an Office Performance Management System for both exempt and office clerical employees.
·        
Developed and implemented HR Scorecard to track HR metrics.
·        
Clerical positions were rated as exempt therefore misaligned to FLSA and re-evaluated as non-exempt.
·        
Successfully handled/concluded various employee relations issues.

Financial Results: 
Provided client Operating Income Improvement through savings of $1,135,000.

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, professional advisors, operations professionals, third party workers’ compensation administrators, and employment/contract attorneys.

If you are interested in learning more about this case study, results and services offered by STHRM, Inc. please contact Glenn Levar (telephone: 440.979.1046, e-mail: grlevar@sthrm.com).  To learn more about STHRM, Inc. visit www.sthrm.com

We welcome referrals from our clients and friends.  Please pass this case study along to anyone who may have a need or be interested in our services.

GLENN LEVAR AND STHRM, INC. SAVES CLIENT $102,000 IN LESS THAN SIX MONTHS

Providing value to clients since 1993, STHRM, Inc. is a complete resource for Human Resources consulting and systems. We provide an effective variable cost solution to fixed cost human capital issues.  Our staff has more than twenty-five years corporate and private human resources experience with Fortune 25, Inc. 500, and privately owned businesses.  The following STHRM, Inc. case study exemplifies the types of problems we address and solutions we provide.

Client:  Service company with 75 employees based in Northeast Ohio.

Situation:  Client’s Ohio Bureau of Workers’ Compensation was in penalty rating.

Solutions: 

  • Conducted a safety inspection
  • Wrote the Premium Discount Plan (PDP+) which was approved by BWC
  • Investigated new manual classification through BWC
  • Brought into compliance with Ohio Drug Free Workplace

Results:  In less than six months, STHRM, Inc. achieved these specific and measurable results:

  • Drug Free Workplace and PDP+ saved the company $18,000
  • Lead in reclassification of BWC risk class reducing costs by $22,000 per year
  • Initiated request for BWC audit resulting in recovery of $9,000
  • Wrote PDP+ plan which was accepted by BWC
  • Sourced new TPA resulting in annual cost saving of $53,000. 
  • Conducted quarterly safety inspections to maintain a safe work environment and maintain new lowered BWC costs
  • Challenged and won an unemployment claim.
  • Challenged BWC case resulting in dismissal.

Financial Results:  STHRM, Inc. leadership achieved the following financial results:

  • Net annualized savings of $204,000

Client’s Comment: “STHRM, Inc. accomplished a great deal of work in a little bit of time and it is worth the investment.”

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, professional advisors, operations professionals, third party workers’ compensation administrators, and employment attorneys.

If are interested in learning more about this case study, results and services offered by STHRM, Inc. please contact Glenn Levar (telephone: 440.979.1046, e-mail: grlevar@sthrm.com).  To learn more about STHRM, Inc. visit www.sthrm.com.

We welcome referrals from our clients and friends. Please pass this case study along to anyone who may have a need or be interested in our services.

Notice: In order to maintain strict client confidentiality, all business-specific information has been eliminated. However, all stated situations, activities, programs, projects, actions, and subsequent results are accurate and may be further reviewed and or discussed, if requested, in a one-on-one meeting.


GLENN LEVAR and STHRM, Inc. Saves Client $29,000 in Hospitalization Insurance  Receives A 2.6% Increase FOR 2010 Year and $13,700 from BWC Reimbursement

Providing value to clients since 1993, Shared Time Human Resources Management, Inc. is a value-oriented resource for companies facing Human Resources issues. Through private consulting and custom designed systems, STHRM, Inc. delivers high value/low cost solutions to fixed cost human capital issues. Our staff has more than twenty-five years corporate human resources experience with Fortune listed, Inc. 500, and privately owned businesses. The following STHRM, Inc. case study exemplifies the types of sound, value-added solutions we provide.

Client: Service Company with 75 employees based in Northeast Ohio.

Situation: Client’s health insurance was too expensive.

Solutions: Researched, interviewed and recommended new health care provider to management. 

Results:

  • Received 2.6% increase for hospitalization insurance for 2010.
  • Additionally reduced client’s Ohio BWC frequency and severity rate of 0 for reporting period and negotiated a reimbursement of $13,786.23.

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, professional advisors, operations professionals, third party workers’ compensation administrators, and employment attorneys.

If you are interested in learning more about this case study, results and services offered by STHRM, Inc. please contact Glenn Levar by telephone at 440.979.1046 or e-mail at grlevar@sthrm.com. To learn more about STHRM, Inc. visit www.sthrm.com

We welcome referrals from our clients and friends. Please pass this case study along to anyone who may have a need or be interested in our services.

Notice: In order to maintain strict client confidentiality, all business-specific information has been eliminated. However, all stated situations, activities, programs, projects, actions, and subsequent results are accurate and may be further reviewed and or discussed, if requested, in a one-on-one meeting.


Stark County Company HIRES GLENN LEVAR AND STHRM, INC.

Providing value to clients since 1993, Shared Time Human Resources Management, Inc. is a value-oriented resource for companies facing Human Resources issues. Through private consulting and custom designed systems, STHRM, Inc. delivers high value/low cost solutions to fixed cost human capital issues. Our staff has more than twenty-five years corporate human resources experience with Fortune listed, Inc. 500, and privately owned businesses. The following STHRM, Inc. case study exemplifies the types of sound, value-added solutions we provide.

Challenge:
 The client is a privately held company that manufactures and distributes metal, aluminum, and fiberglass products. 

Solution: STHRM, Inc. was hired as an Interim Director, Human Resources.

Results:

  • The most significant accomplishment was gaining the trust and respect of the employees within a short period of time, thereby increasing productivity and profitability.
  • Transitioned Company from an informal organization to a strategically aligned organization. 
  • Developed and implemented Company-wide employment SOP for recruiting hourly and salaried positions, this included assessment, reference and background check, and pre-employment physical, drug screen, and on-boarding process.
  • Sourced, recruited, and assisted in pre-qualifying senior managers and other positions, including initial interviews, finalist reference and background checks and a recommendation on qualified candidates.
  • Initiated Company-wide survey of desired benefits leading to implementing a Health Savings Account (HSA) medical plan with significant cost savings from the previous year’s expenses in addition to greatly improving morale.
  • Developed and implemented new hourly and salaried position descriptions and new performance appraisals.
  • Rewrote Company’s Employee Handbook to reflect new corporate structure and to   accommodate facilities in multiple states.
  • Initiated, refined, and implemented compensation survey for hourly, non-exempt, and salaried positions to include minimum, midpoint, and maximum and merit compensation administration program.
  • Researched, developed, and implemented mentoring and succession process for senior-level managers.
  • Presented wealth management expert to senior executive management.
  • Identified external operations professional to grow the organization domestically and internationally.
  • Identified industrial psychologist to management to assist in continuation of senior managers’ professional growth and development.

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, professional advisors, operations professionals, third party workers’ compensation administrators, and employment attorneys.

If you are interested in learning more about this case study, results and services offered by STHRM, Inc. please contact Glenn Levar by telephone at 440.979.1046 or e-mail at grlevar@sthrm.com. To learn more about STHRM, Inc. visit www.sthrm.com.

We welcome referrals from our clients and friends. Please pass this case study along to anyone who may have a need or be interested in our services.

Notice: In order to maintain strict client confidentiality, all business-specific information has been eliminated. However, all stated situations, activities, programs, projects, actions, and subsequent results are accurate and may be further reviewed and or discussed, if requested, in a one-on-one meeting.


GLENN LEVAR AND STHRM, INC. SAVES CLIENT $2.1 MILLION IN LESS THAN ONE YEAR

Providing value to clients since 1993, STHRM, Inc. is a complete resource for Human Resources consulting and systems, and provides an effective variable cost solution to fixed cost human capital issues.  Our staff has more than twenty-five years corporate human resources experience with Fortune 25, Inc. 500, and privately owned businesses. The following STHRM, Inc. case study exemplifies the types of problems we address and solutions we provide.

Client:  Service company based in central Ohio with 600 employees in six states and annual revenues approaching $100 million.

Situation:  Client’s HR department did not adequately serve the company in a number of ways:

  • Employee turnover reached 50% per year at a cost of $3,000,000.

  • Workers’ Compensation rate was 40% + penalty rated due to 50 lost time accidents.

  • No employment process was in place.Health insurance costs were increasing and group life insurance plans were not reviewed in years.

  • No performance review program was in place.

  • Compensation and wage grades and ranges were not in place.

  • Minimal training for supervisors, manager, directors for legal, leadership, and soft skills development.

Solutions:  STHRM, Inc. was hired as an Interim Director, Human Resources and took the following steps:

  • Developed new employment process protocol to include pre-employment drug screens, background checks, and reference checks.
  • Developed a safety program with the company’s property and casualty insurance company to conduct safety inspections and train employees about safety.
  • Reviewed health and medical insurance, group life, short term disability, and long term disability policies.
  • Outsourced health care, life insurance administration, and new employee orientation to a third-party benefit administration department.
  • Developed and initiated a new employee performance management system, which instituted quarterly performance reviews and set personal management objectives for key employees.
  • Initiated executive, manager, and supervisory training program on employment law, discrimination, and maintaining positive employee relations.

Results:  In less than one year, STHRM, Inc. achieved these specific and measurable results:

  • Employee turnover was reduced by 10%, resulting in an annualized saving of $300,000.
  • Ohio BWC will be credit rated at 17% effective July 1, 2008, resulting in a net savings of $138,000.
  • Recruited new HR Representative, CFO, VP of Asset Management and Regional Manager with an annualized cost savings of $151,000.
  • Lost-time accidents reduced by 50% in 2007.
  • Reduced hospitalization and medical benefits, life insurance costs, and outsourced benefit administration for a cost savings of $492,000. 

Financial Results:  For this client, whose annual revenues approach $100 million, STHRM, Inc. achieved the following results:

  • Net annual savings:  $2.1 million, leading to a return on the client’s investment of 93.0%.
  • Provided client an opportunity to increase Operating Income Improvement saving $2.1 million.
  • Value:  Based on an improvement of $2.1 million in EBITDA, estimated value creation for this client is in excess of $12 million.

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, operations professionals, third party workers’ compensation administrators, and employment attorneys.

To learn more about other results and services offered by STHRM, Inc. please contact Glenn Levar (telephone: 440.979.1046, e-mail: grlevar@sthrm.com), or visit www.sthrm.com.  We welcome referrals from our clients and friends.  Please pass this case study along to anyone who may be interested in our services.

We welcome referrals from our clients and friends. Please pass this case study along to anyone who may have a need or be interested in our services.

Notice: In order to maintain strict client confidentiality, all business-specific information has been eliminated. However, all stated situations, activities, programs, projects, actions, and subsequent results are accurate and may be further reviewed and or discussed, if requested, in a one-on-one meeting.


Glenn Levar and STHRM, INc. SERVICES TO START-UPS AND TURNAROUNDS OR RESTRUCTURING

Providing value to clients since 1993, STHRM, Inc. is a value oriented resource for Human Resources solutions through private consulting and custom designed systems, thereby presents a high value – low cost solution to fixed cost human capital issues.  Our staff has more than twenty-five years corporate human resources experience with Fortune listed, Inc. 500, and as well as privately owned businesses. The following STHRM, Inc. case study exemplifies the types of opportunities/challenges and the sound, value added solutions we provide.

  • STHRM, Inc was hired in the roles of became the Vice President of Human Resources, Corporate

  • Director of Human Resources or in house HR Consultant.

  • Project recruiting production and office staff employees. 

  • Designed, developed, implemented, and coached in the process of pre- employment interview process to include background and reference checks, assessments and pre employment physical.

  • Lead in the establishment of business specific HR Employee Handbooks, SOPs, and Work Rules
    Assisted senior management to develop, define, and renegotiate, hospitalization, group life insurance and disability benefits, 401(k) plan. 

  • Prepared and lead the initiative in union negotiations resulting in a favorable management /labor contract.  

  • Participated in an advisory lead initiative to design and implement a new quick change tooling program resulting in employee satisfaction and improved productivity of 18 to 20% in cost savings.

  • Lead and participated with the advisory group in the development of strategy to reduce staff by 20% with no loss of services. 

  • Lead the taskforce to hire new plant HR manager with a recruitment cost savings of $22,000.00

  • Lead the corporate process to correct culture change from command and control to participative and team oriented. 

  • Participated in the pre-packaged bankruptcy and reorganization initiative without lose of a single customer, sale order or supplier and assisted in the development of a corporate communication plan with all stakeholders. 

  • Participated with external management team to prepare business unit for sale and participated in the transition to new ownership team without any interruption to the business services or loss of any vendor. 

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, professional advisors, operations professionals, third party workers’ compensation administrators, and employment attorneys.

If are interested in learning more about this case study, results and services offered by STHRM, Inc. please contact Glenn Levar (telephone: 440.979.1046, e-mail: grlevar@sthrm.com).  To learn more about STHRM, Inc. visit www.sthrm.com

Notice:  In order to maintain strict client confidentiality all business specific information has been eliminated however, all stated situations, activities, programs, projects, actions, and subsequent results are accurate and may be further review and or discussed if requested in a one-on-one meeting.

We welcome referrals from our clients and friends.  Please pass this case study along to anyone who may have a need or be interested in our services.


GLENN LEVAR AND STHRM, INC. WORKS WITH MANUFACTURER AND DISTRIBUTOR OF RAW MATERIALS

Providing value to clients since 1993, STHRM, Inc. is a value oriented resource for Human Resources solutions through private consulting and custom designed systems, thereby presents a high value – low cost solution to fixed cost human capital issues.  Our staff has more than twenty-five years corporate human resources experience with Fortune listed, Inc. 500, and as well as privately owned businesses. The following STHRM, Inc. case study exemplifies the types of opportunities/challenges and the sound, value added solutions we provide.

Challenge: The client is a privately held company that manufactures and distributes raw material products. 

Solution: STHRM, Inc. was hired as an Interim Director, Human Resources.

Results:

  • The most significant accomplishment was gaining the trust and respect of the employees within a short period of time, therefore increasing productivity and profitability. 

  • Prepared all management communications and strategies presented by company’s spokesperson during contract negotiation.

  • Assisted Company in defending off a rival union initiative during contract negotiations

  • Developed a communication process for employees to ask question or report rumors that answered all questions and rumors within twenty four (24) hours

  • Assisted senior management in locating and hiring a more proactive and better fitting employment law attorney

STHRM, Inc. has strategic alliances with executive wealth management experts, health and life insurance brokers, 401(k) providers, interim executives, professional advisors, operations professionals, third party workers’ compensation administrators, and employment attorneys.

If are interested in learning more about this case study, results and services offered by STHRM, Inc. please contact Glenn Levar (telephone: 440.979.1046, e-mail: grlevar@sthrm.com).  To learn more about STHRM, Inc. visit www.sthrm.com

Notice:  In order to maintain strict client confidentiality all business specific information has been eliminated however, all stated situations, activities, programs, projects, actions, and subsequent results are accurate and may be further review and or discussed if requested in a one-on-one meeting.

We welcome referrals from our clients and friends.  Please pass this case study along to anyone who may have a need or be interested in our services.