Explanation of changes in funding for DSI participants
As of January 1, 2024, our funding structure is changing. This is good news as it makes DSI’s funding fairer. We are saying goodbye to the participation fee and will evenly distribute our annual costs across the number of certified professionals. What does this mean in practice? Simply put, the more professionals certify themselves, the lower the annual costs per certified professional will be.
While these changes mostly have positive aspects, we realize that they may affect some participants differently, sometimes temporarily. Through this information, we are informing you as a participant about the background of the changes and how they will impact your organization.
The adjustment mainly involves simplifying our funding method. The basis remains the number of certified individuals per participant, but we are changing our calculation method and eliminating the annual participation fee. Annually, one rate per certification will be determined, and participants will receive only one annual invoice, regardless of the number of changes made during the year. This annual invoice is based on the average number of certifications over the past three years.
With these changes, we are making DSI’s financing fairer. We distribute our annual costs evenly among the number of certified professionals. If more professionals become certified, the costs per certified professional will decrease.
Based on the total number of certifications and the DSI budget for 2024, we anticipate that the cost per DSI certification in 2024 will be around 330 euros. We determine this in January, using the final numbers from the end of 2023. For more informatie about the fees 2024, look at this page.
In January, participants will receive an invoice based on the average number of certifications that they, as DSI participants, have registered with DSI over the past 3 years. Participants will receive only one invoice in 2024, regardless of the number of new certifications or changes administered in the coming year.
The simplification of funding will impact the costs that participating organizations pay for the certification of their employees. The rate will decrease for some participants, while it will increase for others compared to previous years. There is especially a difference when the number of certifications in the past year has significantly increased or decreased compared to the two years prior. Because we use a three-year average, the rate for the coming year will change more for these participants. This impact varies from organization to organization.
To further explain the new calculation method, we provide two examples below:
Asset Manager X has been a participant in DSI for 2 years. Over the past two years, they have had an average of 57 professionals certified by DSI. This participant contributes in 2023 based on the two-year average of 57 certifications. This is calculated based on the following figures:
This new method has been developed with various principles, with fairness as the primary objective. Participants who use DSI the most (measured by the number of certifications) will have the highest costs, ensuring that the heaviest burdens are automatically borne by the strongest shoulders.
We highly value our relationship with all our participants and understand that changes may raise questions. Therefore, we are here to answer any questions and address concerns. If you need further clarification, please do not hesitate to contact us.
For answers to your questions, you can contact Nana Asante (relationship manager at DSI) or Floris Mreijen (director at DSI) via the contact form or by phone at 020 – 620 12 74.