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Despite being fully qualified I have to pay a fee to my Institute to remain with them, and to be able to use the letters after my name.

As I never use the letters apart from on my CV, and I only get 12 magazines each year (which I seldom read) for my money, should I just stop paying the fees and forget the institute?

2006-10-08 09:32:33 · 5 answers · asked by Copper 4 in Business & Finance Careers & Employment

Miss Behavin - My career has progressed, and I have branched out into a wider sphere so that I no longer need to keep up to date with the small details which are in the magazines. If I do need to know anything in detail I have the means to find out the specific information which I require. I find the magazines mostly irrelevant to the work I am now involved in.

2006-10-10 09:21:00 · update #1

5 answers

My father is a Mechanical Engineer and when I was a kid his business cards had a whole dictionary's worth of letters after his name. Over time he got fed up with paying all the subscriptions, and now all he has is MIMe MECHe, or something like that, after his name. Doesn't matter to him though, because everyone in his industry knows him and he gets by on reputation and skill.

Basically, what I'm saying is don't get rid of your letters unless you feel your ability and reputation is strong enough to cope without them in your industry.

2006-10-08 11:58:32 · answer #1 · answered by alfie 4 · 0 0

No - the mere fact that you are considering not paying the fees suggests to me that you are not a professional in the first place - with most professions you pay to keep up to date with what is going on in the profession (hence the magazines- courses - conferences - are you reading them?) and with most reputable ones - eg lawyers, etc you have to continue to do so to have a practising certificate, which would mean that not to do so and still use the initials on your Cv could be construed as misleading. If you take your profession seriously, you should continue to be a member of the professional body. The fees are also tax deductible on your tax return if you pay them yourself - so there's an incentive.

2006-10-08 09:35:46 · answer #2 · answered by Miss Behavin 5 · 1 0

I believe the poster above. i'm an accountant and that i do no longer bear in suggestions each little thing approximately each little thing in the accounting international, besides the undeniable fact that my training in the previous has given exposure to notably much each little thing in accounting. That way if I do are available in the time of something out of the conventional, i do no longer bear in suggestions each little thing approximately it, I in basic terms look it up or analyze it and then it starts again returned to me returned and that i proceed from there.

2016-12-26 12:53:51 · answer #3 · answered by ? 3 · 0 0

It sounds like your institute isn't value for money.

Keep the name tag and stop paying. But what will you lose if you do?

2006-10-08 23:06:29 · answer #4 · answered by Anonymous · 0 0

yes stop paying it and do without the letters.you dont need them

2006-10-08 09:34:26 · answer #5 · answered by irishblue66 2 · 0 1

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