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December 21, 2016

December 2016 Federated News

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Key Risk Indicators – Are Yours Leading or Lagging?

Data can reveal a lot more than just profits and losses

Data is everywhere. There aren’t too many day-to-day experiences any more that aren’t somehow linked to data. With the explosion of available data, and the inherent responsibility of using it wisely, how can businesses be sure they focus on the right pieces of data and develop meaningful metrics to use it to measure results? Where do you even start? READ MORE

HR Question of the Month:

Employee Suspensions – When and How?

Question: When and how can suspensions can be used? What, if any, ramifications come with them?

Response: There is no federal or state law in the state where the company operates that prohibits employers from suspending employees as a disciplinary action or while an investigation takes place, as may occur if the employer reasonably determines that it can more fully and fairly investigate a situation in the employee’s absence or where the alleged misconduct is so severe that it would warrant immediate suspension or discharge if the allegations are substantiated. That said and as discussed below, in some cases an UNPAID suspension as to an exempt employee can jeopardize the salary basis that is otherwise required to maintain the exemption status  READ MORE

Family Succession Planning with Trusts

Parents want to see their children and grandchildren succeed. But, if the parents die, will that goal be met? Family succession planning using trusts can effectively help the next generation succeed by properly protecting their assets.  READ MORE

IECRM Self-Pay Tuition Policy

 

Self-pay students who are employed with a member company must register and pay through the member company using the IECRM Flashpoint Enrollment Portal/Process in order to qualify for member rates.

Self-pay students that are employed with a member company but that do not register and pay through the member will be charged the non-member rate for tuition, books and applicable fees.


Self-pay students who are employed with a member company and require a payment plan will not qualify for the member rate and will be charged the non-member rate for tuition, books and applicable fees.


Self-pay students who do not work for a member company will continue to be charged the non-member rate for tuition, books and applicable fees.


To maximize association/membership benefits, ALL member companies are encouraged to register and pay for all enrolled apprentices utilizing internal payment arrangements and processes between employer and employee.


We value our IECRM members and apprentice community. We encourage all apprentices to be enrolled in the four-year apprenticeship program, earning, and learning their way toward Journeyworker licensure. We encourage all members to utilize the member discount for tuition, books and applicable fees to ensure the long-term support and success of the next-generation electrician.


(Payment Plans are available, please reference the Self Pay Payment Plan Policy.)


Self-Pay Payment Plan Policy


We offer the following arrangements for students that are unable to pay in full at the time of registration.


● Self-pay students will be charged the non-member rate.
● A 50% down payment of total semester tuition, books and applicable fees are due at registration.
● Remaining balance can be divided up to 3 additional monthly payments ($10.00 processing fee applies on each installment)
● All payments that are declined will incur a $20.00 NSF fee.

 

We encourage all students who are employed with a member company to work with their employer to register and pay through the IECRM Flashpoint Enrollment Portal/Process. This will ensure the student is paying the lowest possible rate for tuition, books and applicable fees.