Slight Dues Adjustment Ensures Growing Benefits Portfolio and Member Experience Value
What is at the top of the agenda for ASQ’s Board of Directors?
- Providing value to individual and organizational member experiences.
- Growing the ASQ body of knowledge.
- Creating greater awareness of quality and the role of quality professionals and practitioners.
The board performs periodic audits to ensure plans and programs are in place to deliver member value, including an annual review of the recently completed membership dues model and structure.
The study found that the cost of delivering member benefits and services increased 6.4% in the past year.
“In order to continue adding to the benefit portfolio and member experience,” said Mike Nichols, ASQ president-elect, “we knew a dues increase was needed. However, we wanted the adjustment to be minimal, something that would go directly back to creating more member value.”
The annual review was conducted in accordance to policy and procedure F-10. The analysis includes the following:
- A calculation to determine a Consumer Price Index (CPI) – adjusted dues forecast
- A cost model approximating the cost to provide an ASQ membership
- A comparative market survey of other professional and/or engineering societies
Below is a table showing the new membership dues for 2007-08.
Individual Membership Categories
Category |
2006-07 Dues |
2007-08 Dues |
$ Increase |
% Increase |
Regular |
$119 |
$125 |
$6 |
5% |
Senior/Fellow |
$119 |
$125 |
$6 |
5% |
Associate |
$69 |
$72 |
$3 |
5% |
Forum/Division |
$29 |
$31 |
$2 |
5% |
Student |
$25 |
$25 |
$0 |
0% |
Organization Membership Levels
Category |
2006-07 Dues |
2007-08 Dues |
$ Increase |
% Increase |
Sustaining |
$750 |
$800 |
$50 |
6.67% |
The dues adjustment will go into effect for the 2007-08 renewal season. Renewal notices will reflect the dues increase beginning in March 2007, for the fiscal year beginning July 1, 2007.
For more information about the dues adjustment, please contact mgdteam@asq.org.
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