Compdata Surveys & Consulting Blog

Manufacturers & Distributors Are Doing These 5 Things in Compensation

Posted by KC Hall on Jun 28, 2016 8:21:27 AM

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

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

How Manufacturing Employers Are Getting Lean

Posted by KC Hall on Oct 12, 2015 10:14:34 AM

In 2015, manufacturing and distribution employers continue to utilize lean manufacturing components and programs. In fact, usage of programs is increasing, according to the 2015 Compensation Data Manufacturing & Distribution survey results. Of the six lean manufacturing programs surveyed, all six saw an increase in usage over what was reported by employers in 2014.  With 71.3 percent of employers reporting use of 5S, the program is the lean manufacturing program of choice. The program options surveyed and their reported utilization are:
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Topics: Lean Manufacturing, Manufacturing & Distribution, Manufacturing

Lean Practices Aid Manufacturers in Doing More With Less

Posted by Amy Kaminski on Aug 7, 2012 3:52:55 AM

Kansas City, Kan.— Between the slowing rate of economic growth, a shortage of skilled workers and increasing costs on everything from medical insurance to office supplies, it's no surprise that manufacturing and distribution organizations have mastered the philosophy of doing more with less. One significant way in which companies have embraced this ideal is through the use of lean practices. The 2012 Compensation Data Manufacturing & Distribution survey results found that 72.4 percent of manufacturers and distributors employ the use of lean practices.

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Topics: Lean Manufacturing, News, Manufacturing & Distribution

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