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Tag: Compensation Data

Not-For-Profit pay increases stagnant, but turnover on the rise

Tuesday, September 19th, 2017   via   compdata-surveys

Kansas City, Kan. - With 2017 pay increase budgets stagnant at 2.6 percent, employers are experiencing a rise in voluntary turnover among their staff. With the average voluntary turnover rate reported as 13.4 percent compared to 11.2 percent four years ago, employers must rethink their strategies in recruiting and retaining an engaged workforce in today's market.

This data comes from the recently published 2017 Compensation Data Not-For-Profit pay and benefits survey results. The survey covers 720 industry-specific and general industry titles ranging from entry-level to top exec…

2017 Manufacturing and Distribution Results Now Available: Pay Increases Stagnant, Turnover on the Rise

Thursday, August 24th, 2017   via   compdata-surveys

Kansas City, Kan. - With 2017 pay increase budgets stagnant at 2.9 percent, employers are experiencing a rise in voluntary turnover among their staff. With the average voluntary turnover rate reported as 9.8 percent compared to 7.9 percent three years ago, employers must rethink their strategies in recruiting and retaining an engaged workforce in today's market.

This data comes from the recently published 2017 Compensation Data Manufacturing & Distribution pay and benefits survey re…

2014 Not-For-Profit Results Available

Tuesday, August 5th, 2014   via   compdata-surveys

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…

2014 Compensation Data Colleges & Universities Results Available

Thursday, June 5th, 2014   via   compdata-surveys

Kansas City, Kan. - A few weeks ago, Compdata Surveys published the 2014 Compensation Data Colleges & Universities pay and benefits survey results. Compensation Data Colleges & Universities provides a comprehensive summary of salary data, benefits information and pay practices with an effective date of January 1, 2014. The survey covers more than 950 total job titles, including faculty, higher ed and general staff positions ranging from entry-level to executive. This year's results feature data collected from 413 higher education employers reporting on more than 494,000 incumbents across the c…

2014 Compensation Data Healthcare Results Available

Monday, June 2nd, 2014   via   compdata-surveys

Kansas City, Kan. - Last month, Compdata Surveys published the 2014 Compensation Data Healthcare pay and benefits survey results. The survey covers nearly 250 industry-specific job titles and 400 general industry titles ranging from entry-level to top executives. In addition to salary data, Compensation Data Healthcare contains comprehensive pay practices and benefits information. This year's results feature data collected from 13,400 healthcare employers reporting on nearly 6 million incumbents across the country. Nearly 44,000 organizations in other industries provided data on general staff …

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

Thursday, November 8th, 2012   via   compdata-surveys

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.

The results found 87.1 percent of not-for-profit employer sponsored PPO pla…

Banking and Finance Employers Turn to Wellness Programs to Suppress Rising Costs

Monday, October 22nd, 2012   via   compdata-surveys

Kansas City, Kan.— In 2012, nearly 59 percent of banking and finance employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Banking & Finance survey results. The average increase reported by these organizations was 8.4 percent, down from 9.6 percent reported in 2010 and 2011. Despite the drop in the average premium increase, banking and finance organizations still contribute 8.6 percent of their total payroll costs toward providing medical insurance to their employees. Employers everywhere are looking for ways to curtail risi…

Insurance Costs Continue Trending Upward for Manufacturing & Distribution Organizations

Thursday, October 18th, 2012   via   compdata-surveys

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 Manufacturing & Distribution survey results reported the average annual cost of insurance per employee on a manufacturing and distribution employer sponsored PPO plan is $8,326. That's up from $7,227 reported in 2009, an increase of 15.2 percent in three years.

The results found 91.3 percent of manufacturi…

Hospitality Employers Seek Ways to Create a Flexible Work Environment

Tuesday, October 16th, 2012   via   compdata-surveys

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.

ROWE evaluates employees solely on their output and not the amount of time spent in the office. Employee…

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

Tuesday, October 9th, 2012   via   compdata-surveys

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…