Frequently Asked Questions
What are the staffing advantages of AMCs?
Because the relationship of an AMC to a client association is that of an independent contractor, he association is freed of employment responsibility and liability. Employee relations is an ncreasingly complex management responsibility. Hiring, firing, worker compensation, fringe benefits, avoiding discrimination in a host of protected areas, and employer liability are only some of the concerns employers face. AMCs relieve an association's board from all of these concerns.
The flexibility in staffing levels that an AMC provides an association is another distinct advantage compared to having a direct staff. A well-staffed AMC can provide the appropriate person with necessary skills to complete an association project when needed. When the project is completed and staffing needs decrease, the individual goes on to the next client? project. The shared resources of an AMC help smooth out the peaks and valleys of staffing needs. And this shared-resources concept allows AMC clients to realize savings in computers and other office equipment, office space rental, insurance, and the host of other expenses that go into maintaining a business office.
How can an AMC be dedicated to more than one client?
AMCs have professional executives with years of education and experience. Like lawyers and accountants, association managers attend to the affairs of each of their clients without disclosing confidential client information or co-mingling client funds. Even where client associations have contrary positions on public policy issues, so long as key staff for each association are separate and confidential client information remains secure, the associations can be assured of discretion.
How much can an organization save by contracting with an AMC?
The costs of maintaining an in-house staff, offices, and equipment can eat up more than half, and sometimes more than two-thirds, of an organization's total annual budget, according to the ASAE Operating Ratio Report.
Because the AMC shoulders the burden of payroll, benefits, taxes, insurance, computers, copiers and fax machines, property maintenance, utilities, and a host of other expenses, the association maybe be able to save on its overhead, depending upon the services and activities needed. An AMC sometimes can cut an association's overhead costs by a significant amount!
|
- Follow us on
 @ClemonsMgmt
- New to a Board? or looking for an orientation tool for new board members? "The Perfect Board", second edition is now available
Association News
FAQs
Planning an Event
|
