In its September 26 issue, CEO Update cited the Virginia Society of Certified Public Accountants (VSCPA) as one of the "Top Places to Work in Associations and Nonprofits." CEO Update is a bi-weekly newsletter focused on jobs, news and people in the association and nonprofit world. The publication conducted a survey, giving participating trade associations, professional societies and other nonprofits an opportunity to describe their benefits, culture and work environment. CEO Update staff followed up, supplementing the nominations with interviews and fact checking.
According to CEO Update, "Standout employers value the health of employees and their families and help by footing the entire deductible or adding wellness extras."
In May 2008, the VSCPA's 31-member staff was offered a menu of insurance choices: traditional coverage with a Flexible Spending Account (FSA) or a Health Savings Account (HSA) in exchange for traditional coverage. HSA accounts are only available to those enrolled in a high-deductible health care plan. The accounts, funded with pre-tax dollars from the employer, employee or both, can be used to pay for qualified medical expenses. Unlike FSAs, HSAs can be rolled over year to year and are owned by the individual.
In its listings of top association benefits, CEO Update highlighted the VSCPA's 100 percent funding of individual employee's heath insurance premium as well as its new health insurance options and a $1,200 funding of HSA accounts.
"The VSCPA is committed to fostering a positive and family-friendly work environment that enables us to attract and retain top talent," said VSCPA President & CEO Stephanie R. Peters, CAE. "Through our excellent staff, we are able to provide outstanding member services and advocacy for the CPA profession. We hope our members feel great pride about this recognition."