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JamesNorquay
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You usually get what you pay for with SEO. If some one is charging $299 a month then you can usually expect to get what you pay for. At that rate you are probably off better doing SEO yourself.

My advice is to monitor real ranking research like this one –

http://www.searchmetrics.com/en/knowledge-base/ranking-factors/

If your current company is not including many of the metrics noted then it is time to look around.

Here are some other good resources for picking an SEO company –

http://www.katetooncopywriter.com.au/how-to-avoid-snake-oil-seos/
http://jamesnorquay.com/tips-for-selecting-a-company-to-do-your-seo/

Thanks