Web: www.shrmmembersfortransparency.com

Email: Members@shrmmembersfortransparency.com

This website is sponsored by a voluntary group of Society for Human Resource Management (SHRM) members who are trying to reinstate transparency and promote necessary changes in SHRM policies and operating practices.

This group was established in 2010 after many long-time SHRM volunteers, and members became concerned about the establishment of SHRM Board of Director's policies that we believe were not in SHRM members' best interests and in some cases unknown to SHRM's members. In addition, there are concerns about SHRM's financial and operating performance and long-term direction. For instance, as reported by SHRM to the IRS, SHRM has experienced substantial operational losses as summarized below.

CATEGORY	2008	2009	2010 (1)	Total Losses 2008-2010
Revenue less expenses	$17.100,675	-$8,689,693	-$3,232,595	-$29,022,963 (2)

In addition, our major policy objection is about the Board’s self initiated, self defined, self studied and self approved compensation program increasing Board annual salaries for only four board meeting a year to as high as $35,000 annually. In addition, during this period of three consecutive years of major losses, the Board voted itself the benefit of Premium Class travel regardless of the length or duration of air travel. Again, all of this was done in the middle of a recession when other employers were paring back travel, training and other expenses and certainly not providing Premium Class travel, and especially so in not-for-profit organizations.

(1) 2011 SHRM financial results have not yet been made available by SHRM.

(2) These magnitudes of losses, at almost $30,000,000, are not reflected in SHRM’s Annual Reports for years 2008, 2009 and 2010. Losses for those years totaled $7,116,753. We cannot account for this variance and have asked SHRM for clarification, more specifically inquiring if SHRM has established a for-profit subsidiary that is not being included within their required not-for-profit IRS 990 reporting.

Examples of other serious Board policy issues are summarized on this website. We also invite you to join us in recommitting to the principles upon which SHRM was established.

Thank you,

The SHRM Members for Transparency Steering Committee

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