IABM Membership Brands
IABM Silver Subsidiary Membership
Silver Subsidiary Membership is designed to help ease the cost of multiple companies belonging to a common parent / group who would like to join as Silver Members. In any one group there must be a fully paid Silver Member who can then have one or more "subsidiary companies" join as Subsidiary Members.
Application Rules & Guidelines
1. Employees of subsidiary companies may only participate if they are registered as Subsidiary Members.
2. A company may join as a Subsidiary Member if the parent company is a Silver Member or if both applicant companies are subsidiaries of a common parent, where there is one Silver Member within the group. In this case the parent holding or common holding must be =>50% of the shares.
3. The company with the largest number of employees must be the Silver Member and there may be one or more Subsidiary Members associated with that Silver Member.
4. Subsidiary Members may take advantage of member services and benefits in their own right, excluding complimentary training courses.
5. In the event that a Silver Member with a Subsidiary Member(s) resigns their membership, then the Subsidiary Member (or the one with the most employees if more than one) will be required to become a Silver Member at their next renewal.
6. All applications are subject to the approval of the IABM Members Board..