Compdata Surveys & Consulting Blog

5 Takeaways from BenchmarkPro 2016

Posted by KC Hall on Jun 13, 2016 10:49:57 AM

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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The BenchmarkPro 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, profit status, 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 recruiting practices.

BenchmarkPro 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, “We’ve collected data from more than 30,000 employers for BenchmarkPro 2016. Our goal was to give HR professionals a robust database for their compensation planning needs. The current workplace landscape is competitive, and it is more important than ever for employers to develop competitive packages to attract and retain high quality employees.”

Find more information about the 2016 BenchmarkPro results at www.compdatasurveys.com/benchmarkpro.

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About Compdata Surveys & Consulting

Since 1988, Compdata Surveys & Consulting has provided HR professionals with the compensation tools they need to stay competitive. With an extensive pay and benefits database and experienced compensation consultants, we are a full-service firm providing innovative solutions to complex compensation challenges. Thousands of organizations provide data in each of our 12 industry-specific surveys every year, ensuring the reliability of our results. For more information about the compensation and benefits surveys, contact KC Hall at (800) 300-9570.

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Topics: News, Turnover, Survey Results, Pay Increases, Reducing Insurance Costs, Recruiting Trends

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