Chief Development Officers and their staff face increased competition for a donor’s time and dollars. At the same time the demands placed on the executive director’s time prevent them from developing the leadership skills of their direct reports. Donors are more inclined to give if they have more engagement with the organization. This workshop will inform participants about how in these cost-constrained times an advisory board comprised of thoughtfully selected donors can help them better engage with those donors while developing the current and future organizational leadership.
Advisory Boards that Work: Success Stories at Milwaukee-Washington High Schoo...NAFCareerAcads
Wondering what it looks like for an advisory board to REALLY engage with an academy? Come hear about how the advisory board at Milwaukee-Washington High School of IT got there. In the last two years, the board has hosted an interactive IT and engineering career fair, delivered workshops and recruited eight new members
Presenters: Joe Kmoch, Sheryl Know, Washington High School of IT, and Dorothy Valentine, SET Ministry
How to develop and manage programme review committees and advisory boardsAssociations Network
Best practises from call for papers to content selection, who manages this and how.
Best practice vetting procedures.
Who are your review committee and how you audit them.
Is software reliable in this process?
Christian Feichtinger, IAF Executive Director of International Astronautical Federation.
www.associationscongress.com
Come hear about best practices for developing advisory boards from several academy teams from Hartford, Connecticut. Topics include recruiting and
retaining advisory board members, structuring and organizing an effective advisory board, securing and managing internships, and developing and implementing meaningful work-based learning inside and beyond the classroom.
Presenter: Jose Ramirez, Hartford Public Schools
Developing Effective Advisory Boards at the Academy and District LevelNAFCareerAcads
This document discusses the importance and role of advisory boards for career academies. It provides details on:
- The purpose of advisory boards is to support academies through industry expertise, internships, training, and advocacy.
- Board members should include industry representatives and community members, not just educators.
- The Central Florida NAF Advisory Council supports multiple career academies through committees in finance, hospitality, IT, and health sciences.
- The board organizes events like conferences and competitions that expose hundreds of students to career opportunities each year. Over its nine year history it has given out over 400 scholarships totaling $203,000.
Highlights From ExL Pharma’S Advisory Boards ConferenceExL Pharma
Current trends in speaker bureaus and advisory boards within the pharmaceutical industry. Presented at ExL Pharma's 2nd Advisory Boards and Speaker Bureau conference in June 2010. For further information, please visit www.exlpharma.com
The document contains results from multiple surveys that asked respondents to rate things on a scale of "Love it!", "Indifferent", and "Hate it!". The ratings vary widely across the surveys, with some topics receiving mostly positive ratings around 50-90% for "Love it!", and others receiving mostly negative ratings around 70-90% for "Hate it!". The final section shows results of a survey asking how to improve design quality in Boulder, with the top response being "Other" at 29% and a variety of options receiving between 1-19% of the vote.
Chief Development Officers and their staff face increased competition for a donor’s time and dollars. At the same time the demands placed on the executive director’s time prevent them from developing the leadership skills of their direct reports. Donors are more inclined to give if they have more engagement with the organization. This workshop will inform participants about how in these cost-constrained times an advisory board comprised of thoughtfully selected donors can help them better engage with those donors while developing the current and future organizational leadership.
Advisory Boards that Work: Success Stories at Milwaukee-Washington High Schoo...NAFCareerAcads
Wondering what it looks like for an advisory board to REALLY engage with an academy? Come hear about how the advisory board at Milwaukee-Washington High School of IT got there. In the last two years, the board has hosted an interactive IT and engineering career fair, delivered workshops and recruited eight new members
Presenters: Joe Kmoch, Sheryl Know, Washington High School of IT, and Dorothy Valentine, SET Ministry
How to develop and manage programme review committees and advisory boardsAssociations Network
Best practises from call for papers to content selection, who manages this and how.
Best practice vetting procedures.
Who are your review committee and how you audit them.
Is software reliable in this process?
Christian Feichtinger, IAF Executive Director of International Astronautical Federation.
www.associationscongress.com
Come hear about best practices for developing advisory boards from several academy teams from Hartford, Connecticut. Topics include recruiting and
retaining advisory board members, structuring and organizing an effective advisory board, securing and managing internships, and developing and implementing meaningful work-based learning inside and beyond the classroom.
Presenter: Jose Ramirez, Hartford Public Schools
Developing Effective Advisory Boards at the Academy and District LevelNAFCareerAcads
This document discusses the importance and role of advisory boards for career academies. It provides details on:
- The purpose of advisory boards is to support academies through industry expertise, internships, training, and advocacy.
- Board members should include industry representatives and community members, not just educators.
- The Central Florida NAF Advisory Council supports multiple career academies through committees in finance, hospitality, IT, and health sciences.
- The board organizes events like conferences and competitions that expose hundreds of students to career opportunities each year. Over its nine year history it has given out over 400 scholarships totaling $203,000.
Highlights From ExL Pharma’S Advisory Boards ConferenceExL Pharma
Current trends in speaker bureaus and advisory boards within the pharmaceutical industry. Presented at ExL Pharma's 2nd Advisory Boards and Speaker Bureau conference in June 2010. For further information, please visit www.exlpharma.com
The document contains results from multiple surveys that asked respondents to rate things on a scale of "Love it!", "Indifferent", and "Hate it!". The ratings vary widely across the surveys, with some topics receiving mostly positive ratings around 50-90% for "Love it!", and others receiving mostly negative ratings around 70-90% for "Hate it!". The final section shows results of a survey asking how to improve design quality in Boulder, with the top response being "Other" at 29% and a variety of options receiving between 1-19% of the vote.
The document provides information about creating a Youth Advisory Board (YAB). It discusses establishing a structure for the YAB including electing officers, defining officer roles and duties, and establishing a code of conduct, mission statement, and strategic plan. It also addresses how adults should serve as facilitators for the YAB, allowing youth to take a leadership role. Potential barriers to a successful YAB like attendance, transportation, and time management are identified along with strategies to overcome them. Finally, the document discusses tools for communication and lays the foundation for future youth leadership of the board.
This document provides an overview of a presentation on governance leadership succession planning. It discusses defining leadership succession and governance leadership succession. It emphasizes the importance of boards proactively planning for leadership transitions by profiling ideal future board members, identifying candidate pools, and providing development opportunities. The presentation recommends starting the process 12 months before known vacancies and ideally 2-3 years in advance. It also covers recruitment best practices, selection processes, and onboarding new board members to ensure governance excellence in the future.
This document provides information about starting and maintaining a Teen Advisory Board (TAB) at a public library. It discusses the benefits of a TAB for both teens and the library, how to write a proposal to get approval for a TAB, strategies for recruiting members, how to structure effective TAB meetings, potential projects TABs can work on, and tips for avoiding common pitfalls. The goal of a TAB is to increase teen involvement and ensure the library is meeting their needs by getting regular input from local teens.
Virtual Advisory Boards Retrospective and Trends to the FutureWithin3
This document discusses advancements in virtual advisory boards and online discussions for engaging healthcare professionals. It provides examples of how virtual sessions have supplemented live meetings over the past 50 years. Key findings from analysis of online discussion data show that moderation, number of questions, and demographics did not impact participation levels. The document concludes that virtual solutions will continue augmenting live meetings to reduce costs and drive greater engagement with healthcare professionals.
Do you need a startup advisory board?
If you are a founder who has been asking yourself this question, check out this presentation from Adam Quinton, Founder/CEO of Lucas Point Ventures and Early Growth Financial Services (EGFS).
Topics include:
- How to build your startup advisory board
- Finding the right key advisors
- Board compensation best practices
- Structuring an effective board
- and more!
The document discusses customer advisory boards and their strategic value for corporate development. It provides an overview of the key benefits of customer advisory boards, which include helping companies transform by increasing customer centricity, improving products/services, and driving cultural change. It also notes that establishing an advisory board early can help improve a company's reputation and serve as a signal to customers that the company values their input. Research found that while customer advisory boards are not widely known, most people think they make sense once the concept is explained. The document provides insights into how companies can best utilize advisory boards for transformation and enhancing their reputation.
Customer Advocacy and Customer Advisory BoardsFarland Group
This document discusses building sustainable customer advocacy programs. It notes that businesses that optimize for their customers outperform competitors in margins and growth. New leadership mandates require engaging customers through digital platforms as customers educate themselves online. Customer advocacy programs aim to promote and support customer interests. The document outlines developing immersive advocacy experiences tailored to different audiences to build trust, belonging and knowledge. It also discusses measuring advocacy success through various metrics and strategic relationship value. Lessons learned include empowering client-facing teams, differentiating references from advocacy, and understanding and advancing the client's agenda.
Why Customer Advisory Boards are a Business Imperative TodayRob Jensen
Customer or partner advisory boards can significantly help organizations gather insights into its corporate strategies and product direction. Join this insightful and educational webinar to learn how such an advisory council can bring tremendous value to your company.
This presentation was first delivered by me during the Malyasian HR Congress held at Kuala Lampur. The presentation outlines the entire process of Successsion Planning including examples of both, organizations which succeeded or failed in executing SP successfully. The content of presentations includes:
Succession Planning - an introduction
Succession Planning @ family run business
An approach towards Succession Planning
Steps to effective Succession Planning
Identifying and nurturing Hi-Pos
Potential and Performance mix of a Hi-Pos
Putting success into Succession Planning
How to measure its effectiveness
Conclusion
July 2017: NEW UPDATED CAB WEBSITE: www.cabstrategy.com. Here you'll find many more CAB best practices!
Customer advisory boards are rapidly becoming a standard part of a company's marketing program. CAB meetings allow your executives to meet with a dozen or more of your most important customer decision makers. But not all CAB meetings are successful. A few of the secrets to positioning your CAB for success are shared in this mini-deck.
You can also learn more in my 2-volume set of books: The Flipchart Guide to Customer Advisory Boards and on my CAB blog: http://customeradvisoryboards.wordpress.com.
Power of Client Advisory Boards_Farland_GroupFarland Group
Client Advisory Boards are powerful forums for B2B companies to bring together key clients and stakeholders to advise on strategy, product direction and innovation concepts. Learn how to get value from listening to and collaborating with your executive clients
Succession planning research: UK family farmsfwinteractive12
What's the future of family farms? Exclusive new research sheds light on how farming families are planning for the future of their businesses. Do they have a succession plan? Who will take on the business? How will they fairly divide up farm assets between children?
This document discusses key aspects of developing a business succession plan. It explains that a business succession plan is a strategic process that provides a roadmap for transitioning business ownership, whether due to retirement, illness or death. The document outlines why every business needs a succession plan to maximize value, minimize taxes and ensure the survival of the business. It also describes the typical components of a succession plan, including establishing goals, identifying successors, addressing family and estate planning issues, and implementing an exit strategy.
This document discusses succession planning and outlines some key points:
1. Succession planning involves identifying and developing talent to fill future leadership needs in an organization. It is a proactive, ongoing process.
2. Succession planning aims to ensure leadership continuity and retain intellectual capital. It also encourages individual growth. The CEO, senior managers, HR, and department heads all share responsibility for succession planning.
3. Effective succession planning assesses critical positions, identifies and evaluates potential successors, develops talent through training plans, and monitors progress through reviews. It aims to have the right people ready to fill key roles when needed.
Ensuring the whole management team of a firm identify the impact of properly crafted succession plan: The effects of its presence and absence on business continuity and competitiveness.
Webinar an objective succession planning processThe HR Observer
For other Informa Webinars: http://www.informa-mea.com/webinars
To view recording: https://youtu.be/__vRhlNAZtc or watch the video at end of the slide
Join us on this webinar with Paul Walsh, a leading HR Consultant and Trainer in the region, to discuss, question and improve your succession planning process. A high level process map will be the focus of the webinar with Paul discussing what steps we need to take to ensure, not only that we get the right succession candidates, but also how we can ensure that the process of selection is open, objective, transparent and fair.
About the Presenter:
Paul Walsh is a professional Human Resources Trainer, Consultant and Practitioner with over 20 years’ experience in the GCC, MENA and Asia.
The document provides an overview of a webinar from CLC Human Resources on best practices for high-impact succession management, including frameworks for assessing vacancy risk, readiness risk, transition risk, and portfolio risk. It summarizes CLC's research on managing the four succession risks and translating them into strategic imperatives to safeguard critical capabilities, accelerate development, overcome executive derailment, and maximize talent leverage. The webinar outlines CLC's approach to moving from traditional succession planning to strategic executive talent management.
The document summarizes Lockton Companies' presentation to Metropolitan Community College's Insurance Committee regarding MCC's health insurance renewal for 2015. It includes: (1) a summary of 2013-2014 plan performance and large claims; (2) details of MCC's current 2014 plan design and cost sharing; (3) BlueKC's proposed 2015 renewal rates, which include a 15% increase to fixed fees and a negotiated 10% increase to maximum claim liability factors; and (4) an analysis of the impact of proposed increases to prescription drug out-of-pocket maximums. The presentation provides information to help MCC evaluate its health insurance options and costs for 2015.
This document lists the awards received by Midland County College in various categories for graphic design projects, including a gold award for a cross country team photograph, gold for a basketball program poster, silver for a student enrollment brochure series, and bronze awards for a fitness center banner, course schedule, and business-to-business direct mail campaign.
The document lists the winners of the NCMPR District Five Medallion Awards for 2011. Several campaigns, brochures, and collateral materials received bronze, silver, or gold awards in categories such as student campaign, banner or outdoor, direct mail, photography and visual art, sports brochure, and community/government relations collateral. The LV Cross Country program received a gold award.
This document provides a template for recording credit hour data by academic term. It includes a table with columns for term (summer, fall, spring) and year (2009-2011) to record the number of credit hours delivered for different program components. The final column calculates the percentage of student credit hours for each program component.
The document outlines MCC's zero-based budgeting process which involves multiple steps: collecting data using templates, program experts reviewing and rating programs, prioritizing all programs to determine recommendations, and finalizing program prioritization and recommendations. Data is collected centrally and additional information may be requested from teams during the process. The process aims to base the budget on program prioritization rather than historical funding levels.
The document provides information about creating a Youth Advisory Board (YAB). It discusses establishing a structure for the YAB including electing officers, defining officer roles and duties, and establishing a code of conduct, mission statement, and strategic plan. It also addresses how adults should serve as facilitators for the YAB, allowing youth to take a leadership role. Potential barriers to a successful YAB like attendance, transportation, and time management are identified along with strategies to overcome them. Finally, the document discusses tools for communication and lays the foundation for future youth leadership of the board.
This document provides an overview of a presentation on governance leadership succession planning. It discusses defining leadership succession and governance leadership succession. It emphasizes the importance of boards proactively planning for leadership transitions by profiling ideal future board members, identifying candidate pools, and providing development opportunities. The presentation recommends starting the process 12 months before known vacancies and ideally 2-3 years in advance. It also covers recruitment best practices, selection processes, and onboarding new board members to ensure governance excellence in the future.
This document provides information about starting and maintaining a Teen Advisory Board (TAB) at a public library. It discusses the benefits of a TAB for both teens and the library, how to write a proposal to get approval for a TAB, strategies for recruiting members, how to structure effective TAB meetings, potential projects TABs can work on, and tips for avoiding common pitfalls. The goal of a TAB is to increase teen involvement and ensure the library is meeting their needs by getting regular input from local teens.
Virtual Advisory Boards Retrospective and Trends to the FutureWithin3
This document discusses advancements in virtual advisory boards and online discussions for engaging healthcare professionals. It provides examples of how virtual sessions have supplemented live meetings over the past 50 years. Key findings from analysis of online discussion data show that moderation, number of questions, and demographics did not impact participation levels. The document concludes that virtual solutions will continue augmenting live meetings to reduce costs and drive greater engagement with healthcare professionals.
Do you need a startup advisory board?
If you are a founder who has been asking yourself this question, check out this presentation from Adam Quinton, Founder/CEO of Lucas Point Ventures and Early Growth Financial Services (EGFS).
Topics include:
- How to build your startup advisory board
- Finding the right key advisors
- Board compensation best practices
- Structuring an effective board
- and more!
The document discusses customer advisory boards and their strategic value for corporate development. It provides an overview of the key benefits of customer advisory boards, which include helping companies transform by increasing customer centricity, improving products/services, and driving cultural change. It also notes that establishing an advisory board early can help improve a company's reputation and serve as a signal to customers that the company values their input. Research found that while customer advisory boards are not widely known, most people think they make sense once the concept is explained. The document provides insights into how companies can best utilize advisory boards for transformation and enhancing their reputation.
Customer Advocacy and Customer Advisory BoardsFarland Group
This document discusses building sustainable customer advocacy programs. It notes that businesses that optimize for their customers outperform competitors in margins and growth. New leadership mandates require engaging customers through digital platforms as customers educate themselves online. Customer advocacy programs aim to promote and support customer interests. The document outlines developing immersive advocacy experiences tailored to different audiences to build trust, belonging and knowledge. It also discusses measuring advocacy success through various metrics and strategic relationship value. Lessons learned include empowering client-facing teams, differentiating references from advocacy, and understanding and advancing the client's agenda.
Why Customer Advisory Boards are a Business Imperative TodayRob Jensen
Customer or partner advisory boards can significantly help organizations gather insights into its corporate strategies and product direction. Join this insightful and educational webinar to learn how such an advisory council can bring tremendous value to your company.
This presentation was first delivered by me during the Malyasian HR Congress held at Kuala Lampur. The presentation outlines the entire process of Successsion Planning including examples of both, organizations which succeeded or failed in executing SP successfully. The content of presentations includes:
Succession Planning - an introduction
Succession Planning @ family run business
An approach towards Succession Planning
Steps to effective Succession Planning
Identifying and nurturing Hi-Pos
Potential and Performance mix of a Hi-Pos
Putting success into Succession Planning
How to measure its effectiveness
Conclusion
July 2017: NEW UPDATED CAB WEBSITE: www.cabstrategy.com. Here you'll find many more CAB best practices!
Customer advisory boards are rapidly becoming a standard part of a company's marketing program. CAB meetings allow your executives to meet with a dozen or more of your most important customer decision makers. But not all CAB meetings are successful. A few of the secrets to positioning your CAB for success are shared in this mini-deck.
You can also learn more in my 2-volume set of books: The Flipchart Guide to Customer Advisory Boards and on my CAB blog: http://customeradvisoryboards.wordpress.com.
Power of Client Advisory Boards_Farland_GroupFarland Group
Client Advisory Boards are powerful forums for B2B companies to bring together key clients and stakeholders to advise on strategy, product direction and innovation concepts. Learn how to get value from listening to and collaborating with your executive clients
Succession planning research: UK family farmsfwinteractive12
What's the future of family farms? Exclusive new research sheds light on how farming families are planning for the future of their businesses. Do they have a succession plan? Who will take on the business? How will they fairly divide up farm assets between children?
This document discusses key aspects of developing a business succession plan. It explains that a business succession plan is a strategic process that provides a roadmap for transitioning business ownership, whether due to retirement, illness or death. The document outlines why every business needs a succession plan to maximize value, minimize taxes and ensure the survival of the business. It also describes the typical components of a succession plan, including establishing goals, identifying successors, addressing family and estate planning issues, and implementing an exit strategy.
This document discusses succession planning and outlines some key points:
1. Succession planning involves identifying and developing talent to fill future leadership needs in an organization. It is a proactive, ongoing process.
2. Succession planning aims to ensure leadership continuity and retain intellectual capital. It also encourages individual growth. The CEO, senior managers, HR, and department heads all share responsibility for succession planning.
3. Effective succession planning assesses critical positions, identifies and evaluates potential successors, develops talent through training plans, and monitors progress through reviews. It aims to have the right people ready to fill key roles when needed.
Ensuring the whole management team of a firm identify the impact of properly crafted succession plan: The effects of its presence and absence on business continuity and competitiveness.
Webinar an objective succession planning processThe HR Observer
For other Informa Webinars: http://www.informa-mea.com/webinars
To view recording: https://youtu.be/__vRhlNAZtc or watch the video at end of the slide
Join us on this webinar with Paul Walsh, a leading HR Consultant and Trainer in the region, to discuss, question and improve your succession planning process. A high level process map will be the focus of the webinar with Paul discussing what steps we need to take to ensure, not only that we get the right succession candidates, but also how we can ensure that the process of selection is open, objective, transparent and fair.
About the Presenter:
Paul Walsh is a professional Human Resources Trainer, Consultant and Practitioner with over 20 years’ experience in the GCC, MENA and Asia.
The document provides an overview of a webinar from CLC Human Resources on best practices for high-impact succession management, including frameworks for assessing vacancy risk, readiness risk, transition risk, and portfolio risk. It summarizes CLC's research on managing the four succession risks and translating them into strategic imperatives to safeguard critical capabilities, accelerate development, overcome executive derailment, and maximize talent leverage. The webinar outlines CLC's approach to moving from traditional succession planning to strategic executive talent management.
The document summarizes Lockton Companies' presentation to Metropolitan Community College's Insurance Committee regarding MCC's health insurance renewal for 2015. It includes: (1) a summary of 2013-2014 plan performance and large claims; (2) details of MCC's current 2014 plan design and cost sharing; (3) BlueKC's proposed 2015 renewal rates, which include a 15% increase to fixed fees and a negotiated 10% increase to maximum claim liability factors; and (4) an analysis of the impact of proposed increases to prescription drug out-of-pocket maximums. The presentation provides information to help MCC evaluate its health insurance options and costs for 2015.
This document lists the awards received by Midland County College in various categories for graphic design projects, including a gold award for a cross country team photograph, gold for a basketball program poster, silver for a student enrollment brochure series, and bronze awards for a fitness center banner, course schedule, and business-to-business direct mail campaign.
The document lists the winners of the NCMPR District Five Medallion Awards for 2011. Several campaigns, brochures, and collateral materials received bronze, silver, or gold awards in categories such as student campaign, banner or outdoor, direct mail, photography and visual art, sports brochure, and community/government relations collateral. The LV Cross Country program received a gold award.
This document provides a template for recording credit hour data by academic term. It includes a table with columns for term (summer, fall, spring) and year (2009-2011) to record the number of credit hours delivered for different program components. The final column calculates the percentage of student credit hours for each program component.
The document outlines MCC's zero-based budgeting process which involves multiple steps: collecting data using templates, program experts reviewing and rating programs, prioritizing all programs to determine recommendations, and finalizing program prioritization and recommendations. Data is collected centrally and additional information may be requested from teams during the process. The process aims to base the budget on program prioritization rather than historical funding levels.
The document outlines the Zero-Based Budgeting (ZBB) timeline from its introduction in August 2011 to the finalization of the FY2013 budget in January 2013. Key events include introducing ZBB to officers and committees in August-September 2011, testing the ZBB process in November 2012, reviewing programs and finalizing the budget from November 2012 to January 2013, and approving the FY2013 budget in January 2013.
This document provides a listing of programs and their associated funding sources for MCC's FY12 budget. It analyzes funds 110, 120, 180, 190, and 410. The listing includes administrative and academic programs across MCC's different campuses and locations, with two-digit codes indicating the program type and department. Funding sources are identified for each program.
This document is a cost effectiveness template for a program that tracks revenues and costs over three fiscal years (FY2009 to FY2011). It collects information on revenue sources like tuition, fees, gifts, and grants, as well as expenses categories including salaries, benefits, supplies, equipment, and other program costs. The template also requests details on grants and anticipated future equipment needs and their estimated costs.
This document provides a template for tracking credit hours delivered by academic programs each term from 2009 to 2011. The template includes columns to record the number of credit hours delivered in the summer, fall, and spring terms for each year. The last column will calculate the percentage of student credit hours delivered for different program components.
This document announces a cultural competency panel discussion for health care professionals to be held on July 19, 2011 from 5:30PM to 7:00PM at the MCC-Penn Valley Health Science Institute located at 3444 Broadway in Kansas City, Missouri. The panel will feature experts discussing efforts by local organizations to develop culturally competent healthcare systems in the Greater Kansas City area, followed by a question and answer session and brief tour of the institute.
The document summarizes plans for an MCC Information Center that will serve as a central point of contact for students by answering questions from various departments over the phone in order to provide quick answers and direct students to necessary resources. The Information Center will be located on the Penn Valley campus and staffed by 12 employees including a manager overseeing 5 full-time and 6 part-time student services specialists. It is projected to open in February 2012 and will operate Monday through Friday from 8am to 6pm, handling an estimated 500,000 calls annually.
This document provides an overview and analysis of Metropolitan Community College's (MCC) early retirement program and budget. It finds that MCC is currently spending over $5 million annually on its early retirement program, with a growing $3.5 million liability. The Chancellor recommends changes to the early retirement program to reduce costs and liabilities going forward, including limiting premium pay and healthcare benefits for current and future retirees. The changes are estimated to reduce MCC's liability by $1-2 million initially and lower annual expenses to around $500,000. The document also reviews MCC's debt, reserves, and other budget considerations like the allocation model and compensation packages.
The document summarizes the current early retirement plan and costs for MCC, including:
- Special incentive payments that are a percentage of salary based on age and years of service, averaging $700,000 annually.
- Insurance benefits for retirees that cost $2.6 million annually.
- Premium pay for 69 early retirees who are reemployed, costing $1.6 million annually.
The total annual cost of the current early retirement plan is $4.9 million. The document also outlines an option to implement a "Rule of 80" retirement eligibility with incentive payments only and discontinue insurance benefits after July 1, 2013 to reduce costs.
The document summarizes the current early retirement plan and costs for MCC, including an incentive payment, insurance benefits for retirees, and premium pay for reemployed retirees. It shows the annual costs total around $4.9 million. It then presents an option to implement a "Rule of 80" retirement plan on July 1, 2013 that would provide a reduced incentive payment but discontinue retiree insurance benefits. This option shows the annual costs decreasing over time as current retirees are no longer receiving insurance benefits.
This document from Hay Group Actuarial compares the financial impact of 6 retirement scenarios for a company's retiree benefits program. Scenario A reflects the current program. Scenarios B-F present alternatives with variations to eligibility ages and benefit types. The analysis calculates the present value and actuarial accrued liability for each scenario based on employee data and assumptions provided to the actuaries. The key variations between scenarios include changes to retirement eligibility ages, the availability of health benefits only or health and incentive pay benefits, and the duration of incentive pay benefits after retirement.
This document summarizes an actuarial report from Hay Group that analyzes the financial impact of 6 different retirement plan scenarios for Monroe County Community College. Scenario A represents the current retirement program, while Scenarios B-F present alternatives that were discussed or suggested. The report calculates the present value and actuarial accrued liability for each scenario based on medical, dental, vision and claims data provided to the actuaries. It provides details on how the incentives were calculated for each relevant scenario.
The document summarizes the financial analysis of MCC's athletic programs for fiscal year 2010, breaking down revenue and expenses by category, program, and campus location. It shows the total revenue and expenses for MCC athletics, how expenses were categorized, and the revenue and expenses for each athletic program at the Longview, Maple Woods, Penn Valley, and Blue River campuses. Scholarship funds listed represented tuition waivers for some student athletes rather than direct distribution in the budget.
This document summarizes MCC's financial ratios from fiscal years 2006 to 2010 according to standards set by the Higher Learning Commission. It shows that MCC had a primary reserve ratio above 0.40, indicating it could cover 5 months of expenses from reserves. The net operating revenue and return on net assets ratios were mostly within or above the ideal ranges, demonstrating operating surpluses and increased wealth. The viability ratio was close to the ideal of 1.00. MCC's composite financial indicator score was above 3.0 each year, meaning strengths in some ratios offset weaknesses in others.
The document discusses projected state aid cuts, MCC's projected budget deficits, early retirement costs, projected retirement liability, fringe benefit increases, and how employee compensation packages have increased from 74.5% of the operating budget in 2002 to 78.6% in 2010.
The handout summarizes the university's debt schedule and funding sources, showing that the unexpended plant fund balance would be depleted by 2019 if only used to pay off planned debt. It also discusses the financial outlook for 2012 and beyond, which has worsened with potential additional state funding cuts. Projections assume a 5% state aid cut in 2012 and $2 tuition increases annually. For forecasting, a 17% state aid cut is being used as the most likely scenario. The current financial plan has some known issues with its assumptions about state aid increases after 2012, investment income increasing while reserves decrease, and understating potential insurance rate increases.
More from Metropolitan Community College-Kansas City (20)
How to Make a Field Mandatory in Odoo 17Celine George
In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
A Visual Guide to 1 Samuel | A Tale of Two HeartsSteve Thomason
These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Leveraging Generative AI to Drive Nonprofit InnovationTechSoup
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.pptHenry Hollis
The History of NZ 1870-1900.
Making of a Nation.
From the NZ Wars to Liberals,
Richard Seddon, George Grey,
Social Laboratory, New Zealand,
Confiscations, Kotahitanga, Kingitanga, Parliament, Suffrage, Repudiation, Economic Change, Agriculture, Gold Mining, Timber, Flax, Sheep, Dairying,
The chapter Lifelines of National Economy in Class 10 Geography focuses on the various modes of transportation and communication that play a vital role in the economic development of a country. These lifelines are crucial for the movement of goods, services, and people, thereby connecting different regions and promoting economic activities.
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!