REMUNERATION TASK FORCE REPORT RELEASED AT ITM & GTMC EVENTS
ITM and GTMC have agreed that the report will first be presented at GTMC's conference on 13th May and then subsequently a week later at a joint forum on 19th May in London, at which members of both associations are invited free of charge. Attendees at both events will be given exclusive preview copies, with other members receiving the report on the 1st of June 2009.
Commenting on the stepped release date, ITM's chief executive Paul Tilstone said, "The content of this report deserves considerable discussion. Both buyers and TMC representatives have been very candid and the result is a document which not only presents a clear picture of where we are, but more importantly the difficulties of where we are headed. Our stepped release dates will hopefully encourage members to attend the launch event to engage in debate and there is as much benefit in that as the report itself."
An appended version of the report, with any additional content established as part of the discussion on the 13th and 19th May events, will then be created in time for the 1st June launch to members of both associations.
The report is also created to act as a guide for TMCs and buyers to standardise their terminology and points of reference, as GTMC's chief executive, Philip Carlisle explains, " In creating this report much of the initial time was spent debating the existing remuneration models and ensuring we were all referring to the same thing. It soon became apparent that we needed to use some set terms throughout to which we can all refer". He added," This report is the first major output of our joint activity and I hope we can undertake more of this type of work with ITM in the future as the benefit to the industry is apparent when both sides come together, no matter how difficult the subject matter."
Registrations for the GTMC Conference are by invitation only but attendance at the joint event is open to both ITM & GTMC Members at no cost and to non members at just £79.
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