Worldatwork

“Membership shall be individually based and shall be limited to those individuals having an occupational interest in the design, establishment, execution, administration or management of organizational functions related to total rewards.”

“The tax return is prepared by an outside accounting firm. Internally, the completed tax return is reviewed by the director of finance and ceo prior to filing. The tax return will be distributed to the worldatwork executive committee which includes the board chair and secretary / treasurer, for review, and will be filed after their approval, has been obtained.”

“The organization's conflict of interest policy is posted to the organization's intranet and accessible to all staff and board members. Staff and board members are obligated to review the policy, at least annually, and complete a review and acknowledgement process indicating that they have read and will abide by these provisions. Clear guidance is provided regarding steps to be taken to report a concern or conflict. In addition, these documents provide clear definitions of responsibility relating to investigations of concerns, and resolution.”

“The board of directors is responsible for the review of the ceo, president, director of finance and other key employees that are recognized members of the management team. Periodically, the board of directors of worldatwork contracts with external subject matter experts to complete an independent and thorough review of compensation practices for the ceo, president, director of finance and other key employees that are recognized members of the management team. The most recent review was completed in the 4th quarter of 2016 and included development of guidelines to complete the competitive assessment for designated positions, a determination of competitive data, compilation of findings and development of compensation plan actions. Final compensation decisions for these positions were made by the board of directors and are reviewed annually. All decisions are documented in the minutes of the meeting. In 2020, the board of directors elected to purchase access to the 2020 ceo salary update database which focuses on association executives in lieu of an external audit.”

“The organization's articles of incorporation, by-laws, conflict of interest policy and financial statements are made available to the public upon request.”

“Professional-consulting fees : program service expenses 677,740. Management and general expenses 1,204,870. Fundraising expenses 0. Total expenses 1,882,610.”

“There has been no change in this process from the prior year.”