Transcript Intel’s Retiree Group

Intel’s Retiree Organization
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Why We are Meeting Today
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To educate you on the Intel Retiree
Organization (IRO)
To ask for Intel support & sponsorship
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Intel Retiree Demographics
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~2200
500+ Oregon
400+ Santa Clara/Bay Area
~400 Arizona
150 Folsom
150 Massachusetts
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Intel Retiree Organization
Board
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Started operating in 2001 as an
Oregon/Washington only alumni volunteer
group (IAV)
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By laws created 2002 that restricted membership
to retirees
2006 presented at Santa Clara & Arizona
RUM’s as part of their 2006 Objectives
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July 2006, Tracy Koon, Barb Frank, & Sharon
Bernier joined to work on expanding efforts to all
major Intel US sites
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Current Status
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15 self-appointed board members meeting monthly for 2 hours,
plus committee activity:
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Oregon Socials & Events Committee (Judy Goodman chair)
By Laws Committee (Dollie Smith chair)
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Structure Committee (Elyce Wair chair)
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Revising to reflect multiple sites & need for fomal roles &
responsibilities
Medical Benefits Committee (Ben Manny chair)
Communications Committee (Barb Frank chair)
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Revising form IAV to IRO
Website sub-committee (John Coutu chair)
5 new board candidates pending structure revision – 2 for Bay
Area, 1 for Folsom, 1 for New Mexico, & 1 for Arizona
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Current “Involved” Status
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~600 of the 2200 have “opted in” for email communications
Surveys have been conducted with Oregon, Bay Area, & Arizona
retirees with ~30% response rate of “opted” in retirees
Key Findings include:
 Healthcare a top concern, especially for under 65 folks
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What are the best options?
Retirees want a more formal structure with stronger linkage
to Intel, the company – willing to pay dues/membership fees
Website needs improvements:
 Directory is not dynamic
 Content is not relevant to retirees – examples:
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Volunteer Activities are not linked or posted
Intel Strategic Info not linked i.e. the blog
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2007 Revised Mission
Statement
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To make meaningful and positive
difference for Intel retirees, the
Company, our local communities, and
current employees planning for
retirement
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The Intel Relationship
What has worked
 Support for the Newsletter
 Support for conference rooms and bridges,
Oregon only
 Intel Matching dollar support for
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United Way contributions
Education contributions
Volunteer time for education
New email address exchange process for opt
in retirees between Intel and the Board
Intel funded dinners and picnics, Oregon only
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Intel Rums until they were discontinued
The Intel Relationship
What has not been successful
 Maintaining an Intel VP champion senior to
lobby for and obtain resources for retirees,
especially now that we are expanding to
other sites (scalable support system)
 Website support at a level that is valuable to
retirees/ not just an info center for Intel
 Utilizing retirees as advisors for health care
benefit negotiations and prioritization
 On going support for RUMS
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Q4 2007 IRO Plan
Intel Retirees Manage & Fund with Membership
fees:
 Structure
 Independent website
 Activities & events
 Clubs
 Special projects
 Newsletter content
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Intel Support
Recommendation
 Continue email & home mail list management
 Continue newsletter printing and distribution
 Continue bridges for board meetings
 Continue Intel liasion to the IRO board
 Add bridges for all IRO business (Committee
meetings, etc.)
 Add RUMS or some alternative to keep us briefed on
company strategies
 Add education of IRO opportunity to employees
planning for retirement (sanctions IRO)
 Add V.P. sponsorship & involvement
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Next Steps?
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Back Up
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History of Oregon/Washington Group
2006 Brochure
Value Proposition
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History – Oregon/Washington Group
2001
2002
2003
2004
2005
Core Group Formed guided by
Volunteer America, Intel Management, & Retires
Monthly Meetings, Mission Statement, Vision Elements
First Annual Retiree Dinner
RUM Rolled out at Other
40+ RUM Attendees
Retiree brochure developed
Sites
80 at Annual Dinner 420 Retirees,
Quarterly Newsletter
By Laws Finalized
( 300 in Local Area )
Volunteer Activities
First Retiree Business Update Meeting
10+/- Attendees at Monthly
continue
Retired Employee Web Site created
Social events
Retiree Data Information Shared (secured)
311 Email List Participants
Volunteer activities to 4-H, Community Action,
…………………………………..
Developed Robotic program, program for
Homeless, etc
The Annual Dinner Eliminated
Rums cut back to 3 at Retiree
request – then Cut Back to SemiIOIC, YWCA, SOLV, ISEF, Retiree Volunteers
annual by Intel
and Students
Direct Contact with Retirees
Matching Grant Program for Donations, Volunteer Time
revised – Opt-in process
Feedback for Intel Retirement Medical Plan
Lost Several Board Members
Newsletter Created
Retiree Web Site Evolved, Improved
Investeers Created - Investment Education Interest Group
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2006 IRO Brochure
Intel Retirees of
Oregon & Washington
Won’t you join us?
Within the next few years, over 10,000
Intel employees will be eligible for
retirement. Those of us who have
crossed the chasm all ready have
worked hand in hand with Intel to
develop programs that provide
opportunities to enhance our retirement
years.
We expect our desires and needs to
change over the years so it is important
to maintain our connection to Intel and
each other to ensure that we provide
feedback and that we are part of the
decision process.
Retirees are advocates for Intel in the
community. The name Intel carries a lot
of respect and expectation. It is
important that Intel provides up-to-date
information on their vision and direction
so we can continue to speak with “one
voice” to the community. The retiree
group becomes the communication link.
Be informed – Stay Connected
It is as easy as 1, 2, 3.
3. Check back frequently and participate
in the social and community offerings as
desired or as time allows. Consider
joining the board and help develop new
programs and benefits for retirees.
Our accomplishments to date
include:
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1. Sign up on our website.
(Add opt in url here).
2. Bookmark the home page.
http://www.intel.com/employee/retiree/
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Developed by-laws
Established Board of Directors
Began involvement in volunteer
opportunities with several non-profit
organizations
Supported Intel Oregon Information
Center and Intel Science & Engineering
Fair
Negotiated with Intel for Retirees to get
matching $ for gifts and volunteer hours
to educational institutions
Created a quarterly newsletter
Designed and developed an
Oregon/Washington specific Retiree
website done in partnership with Intel
Corporation
Reviewed jointly with Intel, retiree
collateral to ensure clarity and ease of
use
Reviewed jointly with Intel, retiree
medical benefit requirements
Established twice yearly RUMs (Retiree
update meetings) with Intel managers
presenting – now at 4 locations
Formed an investment club
Held monthly luncheon socials
Held annual picnic and dinner
Held ad hoc events based on retiree
interests
Created of an email account for retiree
questions
Created a retiree email list to keep us
connected and informed
What Retirees have to say:
“The continued participation of retirees
and Intel in this program is essential if
retirees want to ensure that their needs
are considered in future Intel decisions.”
“It is a way to connect with others who
are part of the Intel experience and
culture – a chance to meet new people
with like interests and explore new
opportunities with a great group of
people.”
“The volunteer activities provide an
opportunity to utilize skills, passions and
expertise while making a difference in
someone’s life.”
“We like to travel. The volunteer
opportunities are flexible enough to
allow us to contribute and still enjoy our
other interests.”
“The RUM meetings make me feel
connected to the direction and vision of
Intel. We have been fortunate to have
such high-ranking managers present the
business updates. It shows how much
retirees are valued.”
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2007 Value Proposition
How Retirees Can Help Intel:
 Retirees help enhance Intel’s corporate reputation
and serve as important
“ambassadors/evangelists” in our neighborhoods
and communities by:
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Being actively involved in the company’s volunteer programs
Creating specific programs where retirees can add value as a
group
Supporting the Intel Foundation Matching Gifts to Education
Supporting the government and public affairs programs that
Intel cares about
Providing Intel with an experienced and positive group of
advocates for the company and its programs
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2007 Value Proposition
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Given that many are politically and socially
active, retirees can act as “advisors” to Intel
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Retirees can share local opinions/issues on
government and public affairs programs
Retirees can help current employees transition
into retirement by sharing what we have learned
during the process
Retirees can provide meaningful input into
compensation and benefit programs, like
healthcare
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2007 Value Proposition
How Intel Can Help Retirees:
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By including retirees as an integral, valued
and contributing part of Intel – viewed as
part of the Intel family:
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Naming appropriate VP level sponsor(s) for the
Intel Retiree Organization to represent and
advocate for retirees at the highest level
Helping retirees keep current with the company’s
strategies, positions and activities and their roles
in them
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2007 Value Proposition
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Give the Intel Retiree Organization the resources
needed to deliver on their roles and goals
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Budget to support communication and membership efforts
such as newsletters, local events, etc.
Internal resources (people, facilities, etc.) to provide
updated home addresses & email lists; Intel campus rooms
& conference call support for board member meetings;
retiree website support; etc.
Key liaison(s) that represent and advocate for
retirees
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Provide a proactive network so retirees can maneuver efficiently &
effectively through Intel
Solicit and seriously listen to retiree input on issues such as
healthcare benefits
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2007 Value Proposition
How Retirees help Retirees:
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Build an organization that meets the current and
changing needs of our retiree population
Grow the organization and leverage the power of the
group to meet the needs of both the retirees and our
communities
Provide a network of communication and support &
create a strong social network
Continue to add value by exploring and implementing
new programs/features such as speakers, clubs, job
referrals, etc
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