Compdata Surveys & Consulting Blog

Employer-Reported Turnover Rates by Industry

Posted by KC Hall on Jan 14, 2016 8:49:57 AM

With a new year upon us, many are taking a fresh look at key business metrics. One worth a look? Your turnover rate. To help provide some context regarding your organization's turnover rate, the infographic below provides total turnover rates by industry, as reported by employers in 2015. 

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Topics: employee turnover, Banking & Finance, Utilities, Not-for-profit, Hospitality, Turnover, Insurance, Manufacturing, Healthcare, Turnover Rates, distrbution, Higher Education

2014 Compensation Data Not-For-Profit Results Now Available

Posted by Amy Kaminski on Aug 5, 2014 3:56:12 AM

Kansas City, Kan. - The 2014 Compensation Data Not-For-Profit pay and benefits survey results were published last month by Compdata Surveys. Compensation Data Not-For-Profit provides a comprehensive summary of pay data, pay practices and benefits information with an effective date of January 1, 2014. The survey covers nearly 170 industry-specific job titles and 500 general industry titles ranging from entry-level to top executives. This year's results feature data collected from more than 5,700 employers with 4.5 million employees across the country. An additional 57,000 organizations in other industries provided data on general industry positions.

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Topics: News, Not-for-profit, Survey Updates

Insurance Costs Continue Trending Upward for Not-For-Profit Organizations

Posted by Amy Kaminski on Nov 8, 2012 2:24:42 AM

Kansas City, Kan.— It's no surprise that with a looming nursing shortage, obesity at epidemic levels and baby boomers entering their golden years that there isn't any foreseeable end in sight to the rising cost of healthcare. In fact, the 2012 Compensation Data Not-For-Profit survey results reported the average annual cost of insurance per employee on a not-for-profit employer sponsored PPO plan is $8,859. That's up from $7,543 reported in 2009, an increase of 17.4 percent in three years.

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Topics: Benefit News, News, Not-for-profit, Medical Insurance

Not-For-Profit Employers Turn to Wellness Programs to Suppress Rising Costs

Posted by Amy Kaminski on Oct 9, 2012 3:27:14 AM

Kansas City, Kan.— In 2012, roughly two-thirds of not-for-profit employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Not-For-Profit survey results. The average increase reported by these organizations was 8.6 percent, down from 9.9 percent reported in 2011 and 10.3 percent in 2010. Despite the drop in the average premium increase, not-for-profit organizations still contribute 10.6 percent of their total payroll costs toward providing medical insurance to their employees. Employers everywhere are looking for ways to curtail rising healthcare costs and as a result, many are turning to wellness programs.

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Topics: Benefit News, News, Not-for-profit, wellness, Medical Insurance

Wellness Programs on the Rise for Not-For-Profit Employers

Posted by Amy Kaminski on Sep 20, 2012 5:31:46 AM

According to the newly released 2012 Compensation Data Not-For-Profit survey results, employers are providing many options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations have taken steps to increase their employees’ health and wellness through various programs.

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Topics: dataLink, Not-for-profit, wellness

Not-For-Profit Pay Increase Budgets See Small Increases

Posted by Amy Kaminski on Sep 20, 2012 5:27:28 AM

As the economy struggles to regain its footing, pay increase budgets increased slightly for not-for-profit organizations this year. The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

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Topics: dataLink, Not-for-profit, pay increase budgets

Medical Insurance Costs Remain High for Not-For-Profit Employers

Posted by Amy Kaminski on Sep 20, 2012 5:24:17 AM

The 2012 Compensation Data Not-For-Profit survey results show medical insurance premiums have increased by an average of 8.6 percent over the last year. This is down from 2011, where the average premium increase reported was 9.9 percent. This year, HMO plans had one of the largest increases at 8.8 percent.

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Topics: dataLink, Not-for-profit, Medical Insurance

Not-For-Profit Organizations Seek Ways to Create a Flexible Work Environment

Posted by Amy Kaminski on Sep 18, 2012 3:27:58 AM

Kansas City, Kan.— As economic conditions continue to slowly improve and companies are once again beginning to hire new employees to rebuild their workforce, employers across the country are looking for ways to attract and retain employees without resorting to hefty pay increases or expensive benefit plans. As a result, some employers have found that adopting a results-only work environment (ROWE) may be the key to creating an attractive work environment for employees.

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Topics: Benefit News, time off, News, Not-for-profit

Not-For-Profit Employers Scramble to Find Relief on Prescription Costs

Posted by Amy Kaminski on Sep 6, 2012 3:16:45 AM

Kansas City, Kan.— According to the Kaiser Family Foundation, Americans filled more than 3.7 billion prescriptions in 2010. Because the rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to not-for-profit employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

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Topics: Prescription Costs, Benefit News, News, Not-for-profit, Medical Insurance

Not-For-Profit Pay Increase Budgets Begin to Rise

Posted by Amy Kaminski on Aug 13, 2012 4:07:20 AM

Kansas City, Kan.— The Bureau of Labor Statistics recently reported the unemployment rate at 8.3 percent as of July 2012, up slightly from 8.2 percent in June. Although the unemployment rate has increased over the past couple of months, pay increase budgets are beginning to show signs of improvement. The 2012 Compensation Data Not-For-Profit survey results reported pay increase budgets at 2.6 percent, reflecting an increase from 1.8 percent reported in 2011 and 1.7 percent reported in 2010. Pay increase budgets are projected to remain stable at 2.6 percent in 2013.

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Topics: compensation, News, Not-for-profit, pay increase budgets

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