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Price Bylaws ERIC country. PROBLEM The current division in two - PowerPoint PPT Presentation

OBJECTIVE Change of the current Price Bylaws that would benefit both Host Organising Committees (HOC) and Rotaractors by elaborating an exhaustive study taking into account subjective and objective variables depending on each Price Bylaws


  1. OBJECTIVE Change of the current Price Bylaws that would benefit both Host Organising Committees (HOC) and Rotaractors by elaborating an exhaustive study taking into account subjective and objective variables depending on each Price Bylaws ERIC country. PROBLEM The current division in two tiers makes PROPOSAL impossible to some countries to host an international event, as well as some Rotaractors find prices unsuitable due to flight prices or the event itself. Moreover, due to these budgetary and tier restrictions could happen that no country would be able to host an event in the near future. Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  2. Document Content SURVEY PLANNING CONCLUSION Proposal from 
 Development of 
 Recap and conclusion survey results the proposal itself 1 2 3 Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  3. CR Survey Taken on August 24th, 2017 Question 3 Question 1 Do you agree with the current Do you consider the proposal of Question 2 Question 4 Price Bylaws? elimination of tiers with price limitation appropriate to foster competition? Would you consider the division Would you consider the creation of conference/accommodation of a new tier (Tier 3) necessary? sustainable? For which type? 31 ANSWERS Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  4. Question 1 10 17 Do you agree with the current Price Bylaws? YES NO Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  5. Question 2 13 16 Would you consider the creation of a new tier (Tier 3) necessary? YES NO Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  6. Question 3 15 14 Do you consider the proposal of elimination of tiers with price limitation appropriate to foster competition? YES NO Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  7. Question 4 15 14 Would you consider the division of conference/accommodation sustainable? For which type? YES NO Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  8. Proposal economic model for bylaws Objective Variables All objective variables were based on each country , except for the hotel category where the capitals were taken into consideration, therefore prices could be cheaper or higher than in other cities like Zagreb, Moscow or Madrid among others. MODEL Malta and San Marino were not included in the model due to the lack of data (living costs and local purchasing In order to develop the power indexes) but were included in some part of the analysis. Also, Andorra , Monaco and Estonia were not proposal, an econometric included at all because of its low repercussion in ERIC. The resulted price limitation after the survey was model combining 130 € -500 € /package. subjective and objective variables needed to be carried out to satisfy Subjective Variables - Rotaractor sample members’ expectations • Percentage Rotaractor´s attendance to events • Total number of Rotaractors on each ERIC country • Total number of Districts on each ERIC country • REM/EuCo maximum prices willing to pay by Rotaractors on each ERIC Country • Rotary involvement Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  9. Highlights Not necessarily countries with low/high Local Purchasing Power have the lowest/highest living costs PP vs. Living Costs 130 97,5 65 32,5 0 Albania Belarus Croatia Finland Germany Italy Moldova Portugal Slovakia Switzerland UK Living Costs Local Purchasing Power Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  10. Highlights Not necessarily countries with low/high salaries have low/high living costs. Salaries vs. Living Costs 130 € 5.000,00 97,5 € 3.750,00 65 € 2.500,00 32,5 € 1.250,00 0 € 0,00 Albania Belarus Croatia Finland Germany Italy Moldova Portugal Slovakia Switzerland UK Average monthly salary Living Costs Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  11. Highlights Not necessarily countries with low/high GDP have the lowest/highest Salaries. GDP vs. Salary € 5.000.000,00 € 5.000,00 € 3.750.000,00 € 3.750,00 € 2.500.000,00 € 2.500,00 € 1.250.000,00 € 1.250,00 € '- € '- Albania Belarus Croatia Finland Germany Italy Moldova Portugal Slovakia Switzerland UK Average monthly salary GDP per capita in PPP, 2016 Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  12. Highlights Not necessarily Rotaractors living in cheaper countries with lower salaries stated to pay the cheapest prices and vice versa Salary vs. Rotaractors max. price € 5.000,00 € 500,00 € 3.750,00 € 375,00 € 2.500,00 € 250,00 € 1.250,00 € 125,00 € 0,00 € '- Albania Bosnia Cyprus Finland Germany Ireland Lithuania Montenegro Portugal San Marino Slovenia Switzerland Ukraine Max price Average monthly salary Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  13. Highlights Not necessarily wealthier countries have less difference in salaries and vice versa. Difference in salaries € 3.000,00 € 2.250,00 € 1.500,00 € 750,00 € '- Albania Azerbaijan Bosnia Cyprus Finland Georgia Hungary Latvia Malta Norway Romania Serbia Spain Netherlands UK Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  14. Highlights In some countries the minimum salary is lower than the average package price per person stated by Rotaractors (242 € ) Countries under average Rotaract Price € 4.000,00 € 3.000,00 € 2.000,00 € 1.000,00 € 0,00 Albania Belarus Croatia Finland Germany Italy Moldova Portugal Slovakia Switzerland UK Min Salary in EUROS per Month Average Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  15. Highlights Not all countries with lower/higher double room prices have low/high living costs. Living Costs vs. Average Hotel price per night 130,00 € 160,00 97,50 € 120,00 65,00 € 80,00 32,50 € 40,00 0,00 € '- Albania Azerbaijan Bosnia Cyprus Finland Georgia Hungary Latvia Moldova Poland Russia Slovenia Switzerland Ukraine Living Costs Average Hotels Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  16. Results Comparison subjective/objective variables Objective Variables Subjective Variables HOC Team Most objectives variables are correlated It is ABSOLUTELY SUBJECTIVE the After evaluating that the participation of between each other - the reason why there reason why Rotaractors choose to attend an Rotaractors on different events is subjective, are not perfect correlations it is because of event, even including the total number of we came into the conclusion that is more a the discrepancies between the different Rotaractors on each country matter of the HOC Team to make more countries appealing its event . Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  17. Conclusion With the elimination of tiers and price delimitation there is free competition between all ERIC countries . They are competing under the same circumstances, therefore equality for everyone. Price will not be an issue anymore and it is more a matter of quality and devotion to decide where the events should be held. Also, by providing an expected budget CRs could evaluate in depth each of the candidatures. Finally, the probability of not having a candidate to host an event is extremely reduced. Ideally this proposal should be tested starting on the next fiscal year, i.e.: 1 st July 2018, but because the candidate for REM Autumn 2018 has already been chosen and the prices already established, as well as the conditions for the candidates for REM Winter 2019. Then it should start being effective from the next candidature for EuCo 2019 onwards, which means that in the voting for the next candidate at EuCo 2018 there will no longer be any tier distribution and price limitation. Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

  18. Model Developed by: Itziar Uribarri CR Denmark Price Bylaws Amendements in collaboration with Justin Hadjilambris E.R.I.C President Lucky Dalena E.R.I.C Vice President PROPOSAL Vedran Jakopovi ć CR Croatia François Oger CR France Constantinos Anayiotos CR Cyprus Tanja Zivanovic CR Serbia Rotaract Europe - ERIC Itziar Uribarri, CR of Denmark | Copenhagen 03/01/2017

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