Topics: Industry news
With the release of BenchmarkPro 2016, we have a bounty of updated compensation and benefits data at our fingertips! Are you aware the results also contain key data points like Total Turnover Rate?
Compensation Data Manufacturing & Distribution results have been released, and, wow, talk about data! This year's results feature data from more than 28,000 employers with 22 million employees across the country! From 2016 results, check out five things happening in manufacturing and distribution compensation. How does your org stack up?
The Compensation Data Manufacturing & Distribution database is a comprehensive collection of employer-reported pay and benefits data. Accessible online, users can filter pay data by industry classification, revenue, employee size, local geographic area, and other breakouts important to their organization’s unique needs.
Find out how employers are handling critical items, such as pay increases, employee incentives and cost containment. Learn about current turnover trends and industry recruiting practices.
Compensation Data Manufacturing & Distribution is available for the following regions: Midwest, Northeast, South Central, Southeast and West. It is also available as a National Suite, giving employers the opportunity to build a customized package of compensation resources to best meet their needs.
On the importance of the 2016 compensation data results, Compdata Vice President Amy Kaminski explains, “HR professionals strive to find the perfect combination of total rewards. They are charged with creating packages capable of attracting employees, as well as driving employee satisfaction and engagement. When making such critical decisions, it is important to use accurate compensation and benefits market data. Because our data comes directly from more than 28,000 employers, you can use it to develop truly competitive packages.”
Find more information about the 2016 Compensation Data Manufacturing & Distribution results at www.compdatasurveys.com/manufacturing.
Whether you use the latest survey data as soon as it's available to make compensation decisions, or wait to apply it to a bigger project or annual reviews, here are five tips that will help you make the most of the data at your fingertips.
BenchmarkPro 2016 results have been released! It's worth noting, this year's results feature data from more than 30,000 employers with 11.9 million employees across the country! That's a lot of data - data that you can put to work for your organization. Here are five key takeaways:
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