IoD Midlands Spring

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Keep up to date at www.iod.com/westmids and at www.iod.com/east-midlands IoD Midlands: Membership Making the most of IoD membership The IoD in numbers: Did you know as a core member^ you get... Free business advice, research and information Find out more at www.iod.com/services/information-and-advice 4 25 25 calls to our legal enquiries to the Business Information Service sessions with our business advisers helpline and 25 calls to our tax helpline Business Information As an IoD member, you have access to top professional researchers through the IoD Business Information service. They can provide you with valuable information on topics ranging from market forecasts and industry trends to trading abroad and employee salaries. Directors’ Advice No matter how well connected you are, sometimes you need independent and confidential business advice from a specialist. The Directors’ Advisory Service provides IoD members with just that, free of charge. Our expert advice covers issues from raising finance to board appointments and shareholder disputes. Key details 1. Free and exclusive service to you as an IoD member 2. Accessible from all over the world by email or phone 3. Up to 25 enquiries* per calendar year with 30 minutes of research time on each occasion 4. Bespoke answers within 24 hours or soon thereafter during exceptionally busy periods *According to your membership package Key details 1. Exclusive to IoD members 2. Free, independent & confidential advice on a vast range of issues 3. Advice is given by appointment either in a face-to-face consultation at 116 Pall Mall or over the telephone, depending on adviser availability 4. Up to four appointments per calendar year, 30-45 minutes each. ^ Full Members and Associates have full access to our digital business library and guides as well as our archive of research and reports. Covid-19: Support for you and your business Government Support Information & Advice Directors & Governance Remote Wellbeing Learning & Development Community Content All available at www.iod.com The coronavirus pandemic has presented unparalleled challenges. We want to provide you with the connections, development, and influence not just to recover, but to build back better. Our Support Hub provides the resources you need to do so. The IoD’s greatest resource is its community of members – if you’d like to contribute or sign up to our member support directory, email ideas@iod.com. We are in direct contact with Government, pressing for the right measures to see UK directors and the economy through the months ahead. Make your thoughts heard: sign up to the IoD’s Policy Voice or email us at policy-unit@iod.com. 10 www.iod.com/emidlandsevents
Membership grades and criteria IoD membership is open to anyone with senior-level responsibilities – you do not need to be a registered director or working in a commercial entity to be eligible for Associate status but only practicing directors can obtain Member and Fellow status of the IoD. Associate (AIoD) Associate status with the IoD is for those who are not a practising director, including those: • Working closely with directors, such as intrapreneurs • Aspiring to be a director • Studying as undergraduate students • Who have been a director and are unlikely to be a director again but wish to stay in touch with the director community Associate members receive a reduced benefits package to full members, but can use the AIoD post-nominal to denote their membership. Member (MIoD) Member status with the IoD is for those who are practising directors and meet the below criteria: • Are a practising director – or have been and intend to be again in the near future • Have never been disqualified as a director Member status is for both executive and non-executive directors and also their equivalents (in terms of responsibility/ authority) within the public sector, third sector, trustees and the military. Members of the IoD can use the MIoD post-nominal to denote their level of membership with the IoD. Fellow (FIoD) Fellow status with the IoD is for those who are practising directors and meet the below criteria: •Satisfies all requirements for Member (cited above) • Invited to be a Fellow based on demonstrated commitment to be a ‘better director’, through one or more of: - Professional development – reaching Diploma or CDir level - Been a Member of the IoD for a minimum of five years demonstrating good performance and behaviour either professionally as a director, or in the Institute • Made an extraordinary contribution to the Institute at discretion of the admissions process Fellows of the IoD can use the FIoD postnominal to denote their level of membership with the IoD. If you would like to discuss membership grades and fees or require further information, please contact your local membership team: East Midlands: Cari.Grice@iod.com West Midlands: Sophie.Breeden@iod.com Member benefits The IoD has negotiated special discounts on key services for our members. For more information, click on the IoD logo by the offer Professional Indemnity Insurance Supplied by Hiscox Save five per cent on Hiscox’s standard rates (subject to criteria) Corporate Directors Liability Insurance Five per cent discount (most policies, with £1m of cover cost from just £900 per annum) Individual Directors Liability Insurance Up to 35 per cent discount (premiums start from just £33 per month for £1m of cover, protecting you and only you) Cyber and Data Risks Insurance Save five per cent on Hiscox’s standard rates (subject to criteria) Private health insurance 10 per cent discount on Bupa By You health insurance 52 Visits to IoD premises UK-wide, including Pall Mall “Membership has given me access to a network of other Directors in my local area and elsewhere, as well as some great training opportunites.” Carole O’Neil, Partner, HR & Training 900 IoD events up and down the country – including hundreds on your doorstep “My favourite thing is the sense of belonging to a strong community of business leaders; a community of strong leaders empowered to influence the business landscape in the UK and beyond.” Dr. Yahya Shakweh CDir, Vice President, Advanced Electronics Company 1 Step away from achieving your full potential “Becoming a member of the IoD is a great boost to your career. The IoD gives you a platform to interact with like-minded individuals and share ideas.” Ayesha Sultan CDir, Board Member International payments Get more for your money on currency transfers, with competitive exchange rates and an award-winning service from WorldFirst. IoD members receive: • Great foreign exchange rates on all international transfers • No fees on FX payments in or out of currency accounts • No opening charges or monthly fees on any of your currency accounts Car and van hire from Hertz Receive a 10 per cent discount on vehicles of all sizes, across the globe, plus free membership of Hertz Gold Plus Rewards Five Star. www.iod.com/westmids/events 11
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IoD Midlands Spring

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