PRCA makes series of measures to reduce costs
The PRCA is reconfiguring its model to deliver services by reducing central costs. Changes announced include director general Francis Ingham reducing his pay to zero, pay reductions for all staff, and a furloughing of a third of employees for at least the next two months.
These cost reductions will enable PRCA’s new focus on virtual engagement that will include conferences, such as 20-21 May’s PRCA International Summit; group events like 16 April’s B Corp Group event; interactive online classrooms; and support programmes such as its Global COVID-19 Communications Taskforce.
The association will continue to support the industry with its legal helpline for all practitioners, lobbying of central Government for further business support and the six-month free individual membership initiative for those who have lost jobs or income as a result of COVID-19.
Director general Francis Ingham said of the measures: ‘We know that more than ever, members need support and the industry needs a voice, and we are determined to fulfil both of those roles with energy and determination. These staffing changes will help us do just that by cutting back on back-office functions and focusing on what matters right now.’
‘These are unprecedented times for every sector and it is vital that the PRCA continues to support the industry and its members,’ said PRCA chairman Jim Donaldson. ‘The measures being taken represent significant sacrifices for PRCA staff members and I know all of us hope they will be temporary until the height of this pandemic is over.’
Read more about the resources and support the PRCA are offering during the coronavirus crisis here.
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