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US Membership Price Increase email

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David Nino PM II| Baker Hughes Tomball, Tx, United States
I received an email from PMI with the following:
"Starting on 3 January 2023, dues for US members will be updated by $10 to $139 per year. Please refer to the following details to learn why PMI is updating our member pricing and how this change will help us deliver enhanced member programs globally.

Impact of the changes:
This price change is the first increase in over ten years and is part of a larger fair pricing initiative established by PMI to address economic equality for our diverse global community.

• This initiative aims to holistically address fair and equitable pricing for membership and PMI products globally.
• In addition to membership rate change, we will implement location-based pricing for some of our key products worldwide"

I'm confused by the wording and the lack of transparency here. I don't understand what the fair pricing initiative is and what the meaning of "economic equality" is in this context. In addition, the vague "fair and equitable pricing" elicits more questions than answers. It's fair enough to say we are increasing pricing because we haven't increased pricing in 10 years, but to justify it with undefined, vague wording and refencing an unknown policy leads to more questions.
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Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Jan 06, 2023 5:55 PM
Replying to Kimberly Whitby
...
Hello fellow community members and Happy New Year! I want to thank you for expressing your concern in regard to the “US Membership Price Increase” email sent from PMI on 27 December 2022. We shared your key questions/sentiments with internal stakeholders who were able to provide answers, listed below:

Does this price increase apply for Canada?
No, the price increase for Individual Membership and the non-member PMP exam fee is only for those professionals located in the United States. It will not impact professionals located in Canada.

What is the fair pricing initiative and what does PMI mean by “economic equality” or “fair and equitable pricing” in this context?
It means that our prices will differ based on location moving forward. Like many global organizations, PMI proactively assesses barriers to entry for our community members around the world using global economic data provided by World Bank. The fair pricing initiative is PMI’s first step in a long-term plan to provide more equitable opportunities for professionals to learn project management skills.

What do we need to know about the fair pricing initiative?
We shared news of the fair pricing initiative with our U.S. members to be transparent. While prices for Individual Membership and the non-member PMP exam fee have increased in the U.S., it is likely that U.S. members or PMP candidates may see or hear about other professionals receiving lower prices. We recognize how connected our community is, and wanted to be upfront about this.

Who do I contact for specific questions?
For specific questions, please contact Customer Care, as questions cannot be answered within this thread.

Thank you again for being such dedicated and engaging members of PMI’s community!
Kimberly

This is helpful, thank you for addressing the concerns. Regarding the pricing, we hope PMI looks at reducing the pricing for Canada as with the high exchange rate, we are paying 40%.

RK
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Latha Thamma reddi Sr Product and Portfolio Management (Automation Innovation)| DXC Technology Mckinney, Tx, United States
Thanks for sharing.
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