Worldwide Erc Inc

“Executive committee is delegated by board on limited management decisions.”

“there shall be two categories of membership individual membership and company membership, each with the rights and obligations specified below, and as may be from time to time further specified by the board of directors. each member shall be entitled to one vote on each matter submitted to the membership, such vote to be cast by the individual member, the member administrator of a corporate/government member or service provider company member, or their duly designated proxy. 1) individual membership (perc) is available to individuals who are directly or indirectly employed in employee mobility related positions, or who otherwise have an interest in employee mobility or managed moves. Individual memberships are given the perc membership status, and shall have rights and obligations, and be eligible for services based upon their current employer and position. 2) company membership is available to any organization that is interested or involved in employee mobility or managed moves. there shall be two types of entity members, each with different rights and obligations; corporate/government company members and service provider company members 2a) corporate/government company membership is available to organizations that, in the course of their business provide relocation assistance to their employees. it shall also include federal, state or local governments and governmental agencies, including the military branches of the united states. each corporate/government member shall designate a member administrator, who will be given the perc membership status and will receive communications and exercise the rights and privileges of the corporate/government member. the member administrator must not be employed in the marketing or operational aspects of relocation services for external customers. corporate/government members shall also include those corporate/government members that have fully outsourced their employee relocation function to an outside provider. corporate/government members that fully outsource their employee relocation functions to an outside provider may sponsor an outsourced member representative for their organization. the outsourced member representative must have an ERC individual membership ( perc status) and attest that he/she administers the sponsoring corporate/government members relocation program. 2b) service provider membership is available to all other eligible firms, associations, and companies. every service provider member shall designate a member administrator, who will be given the perc membership status, and will receive communications and exercise the rights and privileges of the service provider member.”

“A nominating committee consisting of worldwide erc members has the power to appoint new members. The committee presents these appointed new members to the board of directors for final approval.”

“The executive committee does not keep minutes of its meetings.”

“A copy of the form 990 was provided to each member of the governing body prior to filing. The form 990 is reviewed jointly by the senior vice president of finance and the accounting staff with the independent tax advisors who prepare the return.”

“Every year, the board of directors is issued a conflict of interest policy statement, outlining what constitutes a conflict, and what notice they are required to give in the event a conflict arises. Additionally, each member of the board of directors must sign a statement agreeing to comply with the policy statement. If a conflict arises, the person is recused from the governing body's deliberations and decisions surrounding the applicable transaction.”

“AN INDEPENDENT COMPENSATION COMMITTEE CONSISTING OF THE BOARDS CHAIR AND CHAIR-ELECT DETERMINED PERFORMANCE OBJECTIVES AT THE BEGINNING OF THE YEAR FOR THE CEO/PRESIDENT. CEO/PRESIDENT BASE SALARY IS BENCHMARKED AGAINST INDUSTRY AND GEOGRAPHIC AVERAGES FOR SIMILAR POSITIONS, AND ANY VARIABLE COMPENSATION IS BASED ON RESULTS MEASURED AGAINST PERFORMANCE OBJECTIVES. THE COMPENSATION COMMITTEE REVIEWS COMPARABILITY DATA AND MAINTAINS A RECORD OF DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. Form 990, Part VI, Section B, Line 15B: Executive Vice President and Senior Vice President salaries are determned by CEO/President and measured against industry and geographic averages for similar positions.”

“The organization makes its form 990 available to those persons requesting a copy. The bylaws of the organization are available on the worldwide erc website. The audited financial statements are made available to members on the website. The conflict of interest policy is available upon request.”

“Consulting expenses 1,705,199. Recruiting expenses 73,527. Temporary help 52,987. Payroll processing 19,621.”