Important Notice Regarding Teams
& Leagues:
As HP increases its focus on achieving
a simpler operating model and a more competitive cost structure,
we must dedicate resources to activities and programs that
drive the greatest value for HP and our employees. This requires
some difficult decisions and a focus on streamlining certain
services we currently offer to employees.
As part of this process, HP will no longer offer direct
funding or subsidies for employee leagues and teams. This
change is effective immediately, and we wanted to make sure
you were aware prior to beginning to organize returning leagues
and teams.
To the extent leagues can replace HP funding with other
financial resources, leagues are welcome to continue
to operate even though direct HP funding for league
expenses can no longer be supported in the context of a streamlined
operating model. In cases where the operators of
a field, gym or other sports facility require a
Certificate of Insurance before permitting a league to use
the facility, certificates will continue to be available
from HP through Global Risk Management. All participants
will still be asked to sign the Release for Recreational
Activity found at http://ep.corp.hp.com/policies.html.
Discontinuing direct financial support for employee leagues
is a difficult decision, and HP understands that these changes
may impact employees.
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