ICE Council has proposed a 3% increase in subscriptions, which takes into account inflation, earnings forecasts and the investment needed to deliver Council’s 2025 Vision and three year plan.
In line with ICE by-laws, members will be balloted on the proposal.
Council said the plan will deliver on the priorities members have identified in successive satisfaction surveys as well as maintaining the ICE’s solid financial position.
Council also recognised the significant progress that has been made influencing governments across the world to place sustainable engineering solutions at the heart of their policies.
Building on this progress, investment will focus on growing the ICE’s thought leadership programme to ensure that members can shape political agendas and be part of an institution with enhanced public status. The plan will also ensure that members can access more of the knowledge and support they need at all stages of their careers, including committing resources to attracting the next generation to the profession through the ICE’s Education & Inspiration programme. This will be underpinned by further expansion of the Institution’s digital offering and international presence so that the ICE’s increasing range of products and services can be accessed when and where they are most needed.
Council acknowledged the need to ensure that the Institution remains on a firm financial footing, including building financial reserves and managing outstanding liabilities including the ICE pension fund. Running costs have been reduced through improved processes and efficiencies. That drive to cut costs continues. The ICE’s trading arm Thomas Telford Ltd has continued to support the ICE’s membership activities by gifting its entire profit, which last year was over £3M, to the Institution.
Council considered the impact of projected inflation, earnings forecasts and planned improvements that are needed to raise the profile of civil engineers across the world and to improve the quality of the knowledge offered to members.
After much debate Council proposed a 3% increase in 2018 annual subscriptions, transfer and entrance fees. The proposed increase would equate to an additional £11.50 per year for UK-based Fellows at the highest end of the scale, £8.75 for Members and £5.75 for graduate members.
Council strongly recommended acceptance of the proposed subscription rate.
Members can vote on the proposal between 1 June and 11 July. Voting papers will be issued to all members either electronically or by post depending on the preference members have selected.