Membership Fees and Policies 2010
Membership Fees & Policies 2010
1. Regular membership fee categories based on revenue in Euros (€) per organisation
per year.
2. Fees
Regular membership fees are based on all revenues from primary or secondary/database or tertiary
publishing (books and journals) in the fields of pure and applied science, technology, medicine, social
and behavioural sciences and humanities: that is, all academic and professional/reference level
publishing.
Associate member fees are based on the organisation's global revenues.
3. Fee Categories & Calculations
Member companies and associate members must confirm that the fees paid reflect their revenue
as outlined above.
Formula 1: Companies with revenue in the range €45m - 500m
The fee is calculated as revenue in millions of euros, minus 45, times €100, plus €17,000.
Example: Revenue is €385m - 45 = 340. 340 x €100 = €34,000. €34,000 + €17,000 =
€51,000 Annual Fee
Formula 2: Companies with revenues above €500m
Formula 1 is applied to the first €500m of revenue which gives €62,500 as a base.
For each million euros above the €500m add an additional €50/m
Example: Revenue is €550m. Base fee for 500m is €62,500. 550-500 = 50. 50 x €50 is €2,500.
€62,500 + €2,500 = €65,000 Annual Fee
Formula 3: Associate Members
The fee is the greater of €500 or 0.04% of revenue up to a maximum of €6,760.
Examples: Revenue is €124m. 0.04% of revenue = €124,000,000 x 0.0004 = €49,600.
This is above the maximum so fee is €6,760.
For a company with revenues of €5m: 5,000,000 x 0.0004 = €2,000. So fee is €2,000.
For a company with revenues of €1m: 1,000,000 x 0.0004 = €400.
This is below the minimum so fee is €500.
4. Payment
Annual invoices are payable within 30 days of invoice date.
5. Membership Cancellation
Members who wish to retire from the Association at the end of a calendar year are bound by the Bylaws
(art. 3) to notify the Secretariat in writing before November 1st.
6. Inform STM
- Members are expected to put the STM Secretariat on their mailing list for address changes and all other relevant information.
- Members will regularly submit suggestions for action or research, if necessary.
- Members are expected to participate in enquiries and surveys conducted by questionnaire. If they cannot or do not wish to respond, they are expected to inform the STM Secretariat.
7. Classes of Membership
In accordance with the decisions of the STM Board and approved by the STM Annual General Meeting (AGM) the following classes of membership are recognized:
a. Regular members
Regular members have voting rights and pay standard fees. Regular members
Are:
- STM publishing companies
- Professional (legal) and scholarly publishers
- Learned societies with publishing activities
- Secondary publishers
b. Associate members
Associate membership is a non-voting membership open to subscription agents, consultancies and
any publishing related company which is not itself a publisher. Associate members pay a fee the
greater of €500 or 0.04% of revenue, up to maximum of €6,760
- Subscription agents
- Consultancies
- Publishing related companies
c. Corresponding members
Corresponding members can take active part as observers in the STM Standing Committees.
Corresponding members have no voting rights. No dues are payable, since basically the members
exchange information.
- User Groups
- National PA's
