Optimal (formerly Effective Spend)
Optimal (formerly Effective Spend) Compensation & Benefits
What People Are Saying About Optimal (formerly Effective Spend)
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Retirement Support: The company advertises an employer‑matched 401(k) with multiple plan options. This indicates structured long‑term savings support as part of the core package.
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Parental & Family Support: The package includes paid parental leave, adoption assistance, and family medical leave. Return‑to‑work flexibility and continued health coverage during family leave are also highlighted.
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Leave & Time Off Breadth: Offerings include PTO, paid holidays, and additional PTO for volunteering, with some materials describing open or unlimited PTO. This provides several pathways for time away beyond standard vacation.
Optimal (formerly Effective Spend)'s Benefits
Offers company equity
Profit sharing program for senior managers and leadership team.
Offers performance bonuses
Effective Spend provides employees with an annual bonus that is determined based on three performance factors - individual contribution, client satisfaction and company performance.
Provides relocation assistance
We provide moving stipends to new employees to help cover moving expenses.
Offers generous parental leave
Effective Spend offers paid maternity and paternity leave. Effective Spend also allows for a flexible schedule and return to work after parental leave.
Provides a post-parental leave return-to-work program
Provides adoption assistance
We extend our maternity and paternity leave benefits to employees that have adopted a child.
Provides family medical leave
We support our employees with extra paid time off and continued health benefits coverage during a Family Medical Leave in addition to following all FMLA guidelines.
Offers dental insurance
Effective Spend pays 50% of insurance premiums for both employees and their dependents.
Offers Flexible Spending Account (FSA)
Offers health insurance
Effective Spend pays 50% of insurance premiums for both employees and their dependents.
Offers mental health benefits
Our medical insurance plans include mental health services.
Offers vision insurance
Effective Spend pays 50% of insurance premiums for both employees and their dependents.
Offers 401(K)
Effective Spend provides both 401(K) and Roth IRA retirement plan options that offer premium funds and stocks for employees to choose from. Contributions are easily made through payroll direct deposit
Offers life insurance
Provides 401(K) matching
We match 100% of contributions up to 4% of an employee's gross annual pay. 401k contributions are seamlessly managed through payroll to make investing eas
