PRODUCT & SERVICE OFFERINGS
‘16
The Compdata Story It’s a good one With years of experience working in compensation, Compdata’s founders recognized an important gap in the pay and benefits data made available to companies. HR professionals needed an affordable, yet reliable compensation data resource, one that could help them build compensation plans to attract and retain quality employees. In 1988, Compdata Surveys launched to meet this need. In the early days, Compdata focused primarily on state data, working with state Chambers of Commerce to create a comprehensive survey for their members. However, there was a greater need than we had even realized. Compdata flourished with customers across multiple industries, and by our tenth year, we serviced 10,000 customers. We continue to see unparalleled growth in the scope and size of our surveys and database, as well as the number of clients we serve. To complement our comprehensive surveys, we launched a consulting division in 2012. We help customers turn data into customized and effective compensation and total rewards programs. Our consultants partner with clients on job evaluation, market reviews, executive compensation, benefits programs and other tailored approaches that make sense for an organization. Our experienced consultants are dedicated to creating client-focused, value-added experiences that meet objectives and exceed expectations. As we look to the future, we are dedicated to providing you with quality data at a sensible price. We are dedicated to helping you design comprehensive and effective compensation programs. We are dedicated to helping you navigate the complex compensation challenges your organization faces. Stress no more, your solution is here.
PRODUCT & SERVICE OFFERINGS
Table of Contents Survey Products
Overview of Surveys...........................................................................................4 Format Options......................................................................................................5 Regional Map..........................................................................................................6 Where Data Meets Design..............................................................................7 Banking & Finance...............................................................................................8 Healthcare.................................................................................................................10 Physician Compensation.................................................................................12 Hospitality.................................................................................................................14 Insurance...................................................................................................................16 Manufacturing & Distribution.......................................................................18 Not-For-Profit..........................................................................................................20 Utilities.........................................................................................................................22 Colleges & Universities......................................................................................24 BenchmarkPro........................................................................................................26 Accounting Services Suite..............................................................................28 Engineering & High Tech Suite....................................................................30 Legal Services Suite.............................................................................................32 Benefits USA............................................................................................................34 Executive Compensation.................................................................................36 Annual Subscriber Program...........................................................................38 CompdataJobs.com & Peer Group Reports.........................................39
Consulting Services
Custom Surveys.....................................................................................................40 Compdata Consulting.......................................................................................42 Sample Client List.................................................................................................45
Overview of Surveys Drawing from the largest pay and benefits database in the country, the Compensation Data results provide a current look into the compensation landscape for your area and industry. Developed by compensation experts, Compdata provides insight into three significant total rewards areas: salary, pay practices and benefits. Having an understanding of these three aspects will help your organization attract, retain and motivate top talent.
Salary Reports
Pay Practices
Benefits
• Base rate – average and weighted
• Pay increase budgets
• Benefits eligibility
• Pay range adjustments
• Paid time off
• Total compensation – average and weighted
• Shift differentials
• Flexible benefits
• % eligible for bonus
• Recruiting practices • Turnover rates
• Medical/Dental/Vision/Life insurance
• Post-employment practices
• Retirement plans
• Reward systems
• Voluntary benefits and perquisites
• Current issues
• Tuition reimbursement
• % receiving a bonus • Flat dollar bonus paid – average and weighted • Percentiles - 25th, 50th and 75th
• Cost of benefits
• Range min, midpoint and max • Exemption status • Union status
Industry surveys contain the following breakouts: • FTEs • Revenue • Industry classification • National • Regional • State • Local geographic area • Cross-industry, local market data for each benchmark job title • Bed size (Healthcare, Physician Comp only)
• Teaching status (Healthcare, Physician Comp only) 4 | compdatasurveys.com | 800.300.9570
• Profit status (Healthcare, Colleges & Universities, Accounting Services only)
• Enrollment size – total, graduate, undergraduate (Colleges & Universities only)
• Discipline (Colleges & Universities only)
• Institution type (Colleges & Universities only)
• Sector status (Colleges & Universities, Accounting Services only)
• Operating budget (Colleges & Universities, NFP only)
• Customers served (Utilities only)
• Insurance lines (Insurance only)
• Net written premiums (Insurance only)
• Total asset size (Banking & Finance only)
• Certification level (Accounting Services only)
• Practice area (Accounting Services only)
Format Options Results are available in three user-friendly formats. Individual product features are listed below along with their corresponding format.
Product Features
Online Custom
Online Basic
Receive a hardcopy version of the results
Book X
Quickly access data for hundreds of job titles
X
X
X
Access benefit & pay practice reports
X
X
X
Generate, print and export an unlimited number of job reports
X
X
Access additional data points, including pay ranges, hire-on rates and other industry-specific special pay items
X
X
View a separate line in reports displaying your organization’s data for quick comparisons
X
X
Filter by industry category
X
X
Filter by region
X
X
Filter by state
X
X
Filter by local area
X
Filter by additional criteria such as FTE size, revenue size and other industry-specific breakouts
X
Include or exclude your organization’s data from market averages
X
Display pay data as annual or hourly rates
X
Age data with the click of a mouse
X
Add percentiles of your choice
X
Access a summary job report with trends for up to three years of data
X
Save report criteria sets for easy access later
X
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Regional Map The survey results are organized by region of the United States. In each regional database, you’ll also have access to a number of additional breakouts, including state and local geographic areas. Altogether, you gain access to more than 300 geographic locations. Refer to the map below to see which states are included in each region. West | Midwest | South Central | Northeast | Southeast
WA ND
OR
MN ID
NY
WI
SD
UT
IL
OH
IN
MO
OK
NM
TX
VA
KY
NC
TN SC
AR MS
AL
GA
LA
FL
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MA RI
NJ DE MD
WV
CO KS
AZ
PA
IA
NE
NV
NH CT
MI
WY
CA
ME
VT
MT
Where Data Meets Design Compdata pairs our extensive survey database with expert insight to design and implement effective compensation and total rewards programs. With Compdata, you can expect:
A Compensation Concierge Delivering individualized service, Compdata strives to meet all of your compensation needs – from everyday questions to more complex challenges. Whether advising on the best survey for your company or project, answering your compensation and benefits questions, or designing multifaceted solutions to move your business forward, we are at-your-service, saving you valuable time and effort.
Tailored Design & Solutions Designing a total rewards program to 1) fill positions, 2) retain top talent being recruited by your competition, or 3) improve employee satisfaction and productivity? Compdata can help. Tap into our expertise for designing a plan to achieve successful business results.
Cross-Industry, Local Data Amassing one of the largest databases of current compensation and benefits information in the country, our surveys cover 300+ separate geographic areas. You’ll find data for locations not covered by other surveys. Access local, cross-industry data in each industry-specific database.
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What are you planning for 2016? 80.3% of participants project a 2.0% pay range adjustment, with an average of 11 months since the last adjustment.
Compensation Data
Banking & Finance Survey Highlights • 175 banking and finance job titles • 550 general industry benchmark job titles • 14,000 participating locations with 700,000 employees in the latest survey results • Cross-industry, local market data for all benchmark titles Visit compdatasurveys.com/banking for job title and participant lists, online demo, and more.
Includes data from Commercial Banks | Consumer Finance & Mortgage | Credit Unions Investment Companies | Other banking and financial services organizations
Survey Schedule JANUARY
APRIL Due Date
Survey Available
OCTOBER Results Available
Pricing Pricing per region Book Online Basic Online Custom
Participant Non-Participant $529 $1,129 $479 $1,079 $579 $1,179
We also recommend ... Accounting Services Suite (pg. 28) Outpace the competition in this evolving field by gaining access to an additional 100 accounting & finance titles.
BenchmarkPro (pg. 26) Upgrade your compensation and benefits package with cross-industry salary data for more than 550 general staff job titles.
compdatasurveys.com | 800.300.9570 | 9
Compensation Data
Healthcare Survey Highlights • 350 healthcare job titles • 550 general industry benchmark job titles • 10,250 participating healthcare facilities with nearly 6 million employees in 2015 survey results • Per diem, prn, shift differentials, on-call and call-back pay • Average pay rates and hire-on rates for Staff Nurse by years of experience • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/healthcare for job title and participant lists, online demo, and more.
Includes data from Behavioral Healthcare | Critical Access Hospitals | Home Care | Hospitals | Long-Term Care Physician Clinics | Rehabilitation | Specialty Hospitals/ACS | Other healthcare facilities
Survey Schedule JANUARY FEBRUARY
MAY
Due Date Survey Available
Results Available
Pricing Pricing per region Book Online Basic Online Custom
Participant Non-Participant $529 $1,129 $479 $1,079 $579 $1,179
We also recommend ... National Data Cut Capture a more complete picture by adding the ability to view data on a national level. Physician Compensation (pg. 12) With data on 91 physician and mid-level specialties, ensure you’re attracting the most talented physicians to deliver the best care for your patients. 10 | compdatasurveys.com | 800.300.9570
Engineering & High Tech Suite (pg. 30) Stay relevant in the aggressive Engineering & High Technology industries with unique data points and nearly 300 industry-specific job titles.
What are you planning for 2016? Staff Nurse hire-on rate increased 5.2% from 2014 to 2015.
What are you planning for 2016? Physician Assistant average base rate increased 9.9% from the previous year.
Compensation Data
Physician Compensation Survey Highlights • 91 physician and mid-level specialties • 550 participating organizations with 301,000 FTEs in the latest survey results • Includes data for employed, contracted and independent physicians • Data by specialty type, average years in position, average hours worked and patient visits per week • Includes on-call rates, bonus & bonus factors payout, and additional compensation Visit compdatasurveys.com/physician for job title and participant lists, online demo, and more.
Survey Schedule JULY AUGUST Due Date Survey Available
OCTOBER Results Available
Pricing Pricing Online Basic Online Custom
Participant Non-Participant $579 $1,179 $679 $1,279
Add this resource to your Compensation Data Healthcare order and receive a significant discount! Online Basic $299 $599 Online Custom $299 $599
We also recommend ... Compensation Data Healthcare (pg. 10) Ensure your organization remains competitive by accessing an additional 900 healthcare-specific and general staff titles.
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Compensation Data
Hospitality Survey Highlights • 150 hospitality job titles • 550 general industry benchmark job titles • 3,000 participating hospitality employers with nearly 800,000 employees in the latest survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/hospitality for job title and participant lists, online demo, and more.
Includes data from Casinos | Hotels | Resorts | Restaurants | Other hospitality organizations
Survey Schedule JANUARY
APRIL Due Date
Survey Available
OCTOBER Results Available
Pricing Pricing Book Online Basic Online Custom
Participant Non-Participant $589 $1,189 $539 $1,139 $639 $1,239
We also recommend ... BenchmarkPro (pg. 26) Upgrade your compensation and benefits package with cross-industry salary data for more than 550 general staff job titles.
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What are you planning for 2016? Hotel General Managers’ average flat dollar bonus increased 14% from the previous year.
What are you planning for 2016? 84% of insurance companies reported offering an incentive or variable pay program with an average budget of 10%.
Compensation Data
Insurance Survey Highlights • 140 insurance job titles • 550 general industry benchmark job titles • 3,000 participating insurance employers with more than 337,000 employees in the latest survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/insurance for job title and participant lists, online demo, and more.
Includes data from Insurance Agents, Brokers & Service | Insurance Carriers | Other insurance organizations
Survey Schedule JANUARY
APRIL Due Date
Survey Available
SEPTEMBER Results Available
Pricing Pricing Book Online Basic Online Custom
Participant Non-Participant $589 $1,189 $539 $1,139 $639 $1,239
We also recommend ... BenchmarkPro (pg. 26) Upgrade your compensation and benefits package with cross-industry salary data for more than 550 general staff job titles.
compdatasurveys.com | 800.300.9570 | 17
Compensation Data
Manufacturing & Distribution Survey Highlights • 250 manufacturing and distribution job titles • 550 general industry benchmark job titles • 25,000 participating locations with 24 million employees in 2015 survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/manufacturing for job title and participant lists, online demo, and more.
Includes data from Chemical & Pharmaceutical | Distribution & Warehouse | Electrical & Electronic | Food, Beverage & Tobacco Furniture, Fixtures, Lumber & Wood | Machinery | Metal | Paper & Printing | Plastic & Rubber Textile Mill, Apparel & Leather | Transportation Equipment | Wholesale Trade – Durable Wholesale Trade – Non-Durable | Other manufacturing, distribution and warehouse organizations
Survey Schedule JANUARY
APRIL
JULY
Due Date Survey Available
Results Available
Pricing Pricing per region Book Online Basic Online Custom
Participant Non-Participant $529 $1,129 $479 $1,079 $579 $1,179
We also recommend ... National Data Cut Capture a more complete picture by adding the ability to view data on a national level.
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Engineering & High Tech Suite (pg. 30) Stay relevant in the aggressive Engineering & High Technology industries with unique data points and nearly 300 industry-specific job titles.
What are you planning for 2016? 72.9% of participants project a 2.4% pay range adjustment for 2016, with an average of 10 months since the last adjustment.
What are you planning for 2016? To reward employees, 85.2% of participants offer merit increases, 44.5% offer bonuses, and 16.5% provide spot incentives.
Compensation Data
Not-For-Profit Survey Highlights • 175 non-profit job titles • 550 general industry benchmark job titles • 3,600 participating non-profits with 3.9 million employees in 2015 survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/not-for-profit for job title and participant lists, online demo, and more.
Includes data from Associations | Churches/Religious Organizations | Colleges & Universities | Government Entities | Healthcare Libraries | Museums | Other not-for-profit organizations
Survey Schedule JANUARY
MARCH Due Date
Survey Available
AUGUST Results Available
Pricing Pricing per region Book Online Basic Online Custom
Participant Non-Participant $529 $1,129 $479 $1,079 $579 $1,179
We also recommend ... National Data Cut Capture a more complete picture by adding the ability to view data on a national level.
compdatasurveys.com | 800.300.9570 | 21
Compensation Data
Utilities Survey Highlights • 115 utilities job titles • 550 general industry benchmark job titles • 2,000 participating utilities with 250,000 employees in the latest survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/utilities for job title and participant lists, online demo, and more.
Includes data from Cable | Electric Power Generation, Transmission & Distribution | Natural Gas Transmission & Distribution Telephone | Water, Sewage and other systems | Other utilities organizations
Survey Schedule JANUARY
APRIL
SEPTEMBER
Due Date Survey Available
Pricing Pricing Book Online Basic Online Custom
Participant Non-Participant $589 $1,189 $539 $1,139 $639 $1,239
We also recommend ... Engineering & High Tech Suite (pg. 30) Stay relevant in the aggressive Engineering & High Technology industries with unique data points and nearly 300 industry-specific job titles.
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Results Available
What are you planning for 2016? Utilities saw one of the largest increases in turnover rates. Total turnover increased 2.2 percentage points, bringing total turnover to 12.3%.
What are you planning for 2016? In 2015, participants reported a 2.4% merit increase budget.
Compensation Data
Colleges & Universities Survey Highlights • 500 titles specific to higher education, including faculty and staff positions • 550 general industry benchmark job titles • 338 higher education participants with nearly 632,000 employees in 2015 survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/colleges for job title and participant lists, online demo, and more.
Includes data from Associate’s Colleges | Baccalaureate Colleges/Universities | Master’s Colleges/Universities Doctoral Universities | Other Special Focus Colleges | System Headquarters/Offices
Survey Schedule JANUARY FEBRUARY
JUNE
Due Date Survey Available
Results Available
Pricing Pricing per region Online Basic Online Custom
Participant $599 $699
Non-Participant $1,199 $1,299
We also recommend ... Accounting Services Suite (pg. 28) Outpace the competition in this evolving field by gaining access to an additional 100 accounting & finance titles. Engineering & High Tech Suite (pg. 30) Stay relevant in the aggressive Engineering & High Technology industries with unique data points and nearly 300 industry-specific job titles.
Legal Services Suite (pg. 32) Discover the latest legal hiring trends and salary data for 100 positions, as well as information on formal evaluation programs, pro bono hours, paralegals, and more.
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BenchmarkPro Survey Highlights • 550 executive and general industry benchmark job titles • 28,000 participating locations with nearly 16.5 million employees in 2015 survey results • Cross-industry, local market data for all benchmark job titles Visit compdatasurveys.com/benchmarkpro for job title and participant lists, online demo, and more.
Job Families Surveyed Construction | Engineering | Executive Management | Facilities Maintenance | Finance | Food Service General Office | Human Resources | Information Systems | Legal | Marketing & Communications Materials Management | Media | Real Estate | Sales & Customer Service
Survey Schedule JANUARY
MARCH
JULY
Due Date Survey Available
Results Available
Pricing Pricing per region Online Basic Online Custom
Participant Non-Participant $479 $1,079 $579 $1,179
Receive BenchmarkPro at the participant rate when you participate in BenchmarkPro or one of our industry-specific Compensation Data surveys.
We also recommend ... National Data Cut Capture a more complete picture by adding the ability to view data on a national level. Accounting Services Suite (pg. 28) Outpace the competition in this evolving field by gaining access to an additional 100 accounting and finance titles.
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Engineering & High Tech Suite (pg. 30) Stay relevant in the aggressive Engineering & High Technology industries with unique data points and nearly 300 industry-specific job titles. Legal Services Suite (pg. 32) Discover the latest legal hiring trends and salary data for 100 positions, and information on formal evaluation programs, pro bono hours, paralegals, and more.
What are you planning for 2016? Companies reported an average turnover rate of 16.7% in the latest survey results.
What are you planning for 2016? The average number of hours worked per week increased 9.8% from the previous year.
Accounting Services Suite Survey Highlights • 100 accounting and finance job titles • 8,300 participants with 14 million employees in the 2015 survey results • Recruiting practices, work schedules, CPA exams, continuing professional development and more Visit compdatasurveys.com/accounting for job title and participant lists, online demo, and more.
Survey Schedule JANUARY
SEPTEMBER Due Date Varies by Industry
Survey Available
Results Available
Pricing Pricing* Online Basic Online Custom
Participant Non-Participant $199 $499 $199 $499
*Suites must be added to Compensation Data or BenchmarkPro results.
We also recommend ... BenchmarkPro (pg. 26) Upgrade your compensation and benefits package with cross-industry salary data for more than 550 general staff job titles. Compensation Data Banking & Finance (pg. 8) Gain a comprehensive look at what’s necessary to continue advancing the success of your organization with data unique to the banking & finance industries.
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Engineering & High Tech Suite Survey Highlights • 300 engineering, high tech and scientific job titles • 11,000 participants with nearly 14 million employees in the latest survey results • Recruiting practices, work schedules, relocation benefits and more Visit compdatasurveys.com/engineering-hightech for job title and participant lists, online demo, and more.
Survey Schedule JANUARY
SEPTEMBER Due Date Varies by Industry
Survey Available
Results Available
Pricing Pricing* Online Basic Online Custom
Participant Non-Participant $199 $499 $199 $499
*Suites must be added to Compensation Data or BenchmarkPro results.
We also recommend ... BenchmarkPro (pg. 26) Upgrade your compensation and benefits package with cross-industry salary data for more than 550 general staff job titles.
Compensation Data Utilities (pg. 22) Minimize turnover by obtaining a comprehensive look at 115 utilities-specific and 550 general staff job titles.
Compensation Data Manufacturing & Distribution (pg. 18) Featuring 800 industry-specific and general staff titles, add the largest manufacturing & distribution resource in the country to your compensation repertoire.
Compensation Data Healthcare (pg. 10) Ensure your organization remains competitive by accessing an additional 900 healthcarespecific and general staff titles.
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What are you planning for 2016? Nationally, 50.2% of organizations reported offering shift differentials.
What are you planning for 2016? Legal turnover rose to 15.4% in the last year.
Legal Services Suite Survey Highlights • 100 legal job titles • 2,200 participants with nearly 6.8 million employees in the latest survey results • Formal evaluation programs, pro bono hours, attorney size, paralegals and more Visit compdatasurveys.com/legalsuite for job title and participant lists, online demo, and more.
Survey Schedule JANUARY
SEPTEMBER Due Date Varies by Industry
Survey Available
Results Available
Pricing Pricing* Online Basic Online Custom
Participant Non-Participant $199 $499 $199 $499
*Suites must be added to Compensation Data or BenchmarkPro results.
We also recommend ... BenchmarkPro (pg. 26) Upgrade your compensation and benefits package with cross-industry salary data for more than 550 general staff job titles.
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Benefits USA Having a thorough understanding of the constantly changing benefits landscape allows organizations to stay ahead of the curve while meeting the needs of their employees. Benefits USA focuses on the latest developments and insights from employers of all sizes. The results feature data on nearly 3,900 company benefit plans covering more than 12 million incumbents across the country. Benefits data is broken out by industry, company size, nationally and regionally. Visit compdatasurveys.com/benefits-usa for more information.
Topics • Medical insurance (HDHP, HMO, Indemnity, PPO and POS plans)
• Benefits eligibility and waiting period • Paid time off provisions
paid by coverage and plan type ° Premium increases ° Premium
• Dental, vision and life insurance
co-insurance and co-pays by ° Deductible, coverage and plan type
• Tuition reimbursement
° Prescription coverage ° Cost containment and reduction methods
• Other benefits topics
• Retirement plans • Employer cost of benefits
Participation Organizations are eligible to receive Benefits USA at the participant rate when they participate in our Compensation Data or BenchmarkPro surveys.
Survey Schedule 2015/2016 Results Available: November 2015
Pricing Pricing Participant Non-Participant Book $509 $719 Online $459 $669
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What are you planning for 2016? 58.2% of organizations reported accruing paid time off by both hours worked & years of service.
What are you planning for 2016? 35.4% of organizations reported offering a car allowance to their CEO.
Executive Compensation Remaining internally equitable and externally competitive requires knowledge of your competition. The annual Executive Compensation survey results analyze national and regional data for 100 executive and senior management positions, and allow you to view data by industry, company size and revenue. This valuable resource includes data gathered from more than 7,500 organizations on more than 35,000 incumbents across the country. Visit compdatasurveys.com/executive-compensation for more information.
Data Elements • Base pay and total cash compensation • Annual average cash incentives • Five-year base salary trend data • Long and short-term incentives • Executive perquisites • Reward systems • Employment contracts
Industries Accounting Services | Banking & Finance | Colleges & Universities | Engineering & High Tech | Healthcare Hospitality | Insurance | Legal Services | Manufacturing & Distribution | Not-For-Profit | Services | Utilities
Participation Organizations are eligible to receive Executive Compensation at the participant rate when they participate in our Compensation Data or BenchmarkPro surveys.
Survey Schedule 2015/2016 Results Available: November 2015
Pricing Pricing Participant Non-Participant Book $539 $749 Online $489 $699 compdatasurveys.com | 800.300.9570 | 37
Annual Subscriber Program The Annual Subscriber Program rewards the loyalty of our regular participants and provides the additional items you need to simplify your compensation planning. Become a member of this free, value-added program by allowing us to automatically renew you as a participant in the survey at the low participant rate each year. As a member of this elite group, you’ll gain access to exclusive perks and cost-saving advantages. Because of your unique needs, we offer several Annual Subscriber options. Upon participation, receive two of the following additional benefits:
Perk
Description
Value
Free additional user
Work twice as fast when another member of your team also has access to the results.
$100
Free national data cut
Compare your compensation plans to organizations across the country.
$250
Free peer group report - up to 10 titles
Receive a custom salary report including data from only the organizations you choose.
$375
50% off Executive Compensation results
Ensure your compensation packages attract and retain top leaders.
$250
50% off Benefits USA results
Keep your benefits plans competitive with data from 3,900 plans across the country.
$235
Save Money, Get Rewarded!
Call 800.300.9570 to become an Annual Subscriber and receive up to $625 in additional perks!
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Individual Reports CompdataJobs.com Access individual salary reports for only $49 at CompdataJobs.com Interested in additional titles outside your primary industry or region? Or, maybe you only need data for a handful of positions? With CompdataJobs.com, there’s no need to spend your entire budget on a full survey when you only need one, two or even a few reports. Get the quality data you need at a sensible price.
Peer Group Reports Gain a market advantage using individualized data when you request a Peer Group Report. These customized reports include data from the specific organizations you select by name, for the specific job titles you need. All reports comply with DOJ/FTC guidelines while still providing an in-depth look at your competition. Visit compdatasurveys.com/peergroupreport for more information.
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Custom Surveys For many organizations, a custom survey provides access to valuable information not found in a traditional survey. Partner with the compensation survey experts at Compdata to meet the needs of your next project. With a custom survey, you’ll have a dedicated team assisting you every step of the way, from understanding your goals to determining the specifics in the survey.
Company-Sponsored Surveys • Target your specific peer group by market • Choose organizations, job titles and data points of interest to you • Receive compiled pay and benefits reports based on your parameters • Identify how your business compares to the competition
Association Surveys • Improve an existing survey and provide user-friendly, cost-effective results to your members • Create a new valuable member benefit • Drive growth through revenue or new member generation • Leverage our experience working with more than 40 associations
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Satisfied Clients Our custom surveys cross a variety of industries and clients. Following is a sample of clients we’ve partnered with to provide customized surveys.
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Compdata Consulting Where Data Meets Design Our team of expert consultants design custom programs that align talent, compensation and total rewards with business objectives. We work with you to identify progressive strategies that attract, motivate and retain the workforce needed to support the goals of your organization. The established partnerships we maintain with organizations from coast-to-coast give you confidence you’re working with consultants who understand the significant role compensation plays in the overall success of your business. We help clients meet objectives for specific issues, single departments and entire organizations. • Compensation philosophy and strategy development • Job description updates • Internal equity analysis • Market reviews of base, bonus, total cash, and other compensation elements • Pay structure design • Variable pay plan development • Executive compensation reviews • Total remuneration studies • Administrative guideline recommendations • Career ladder development • Pay for performance plan design • Performance management programs Expect constant support and attentive service throughout each project and beyond to ensure continued success. Contact us today at 800.300.9570 to discuss your compensation priorities.
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Do you need a consultant? Ever debated whether you need a consultant? Here are some situations when you may want to consult with one of our compensation experts:
Employee Turnover Low Employee Morale & Engagement
Having trouble finding the right people
New CEO wants to look at compensation. Not sure where to start?
Access to a lot of data, but not sure how to best use it? Do I need a consultant?
Increasing complaints about current pay levels
Adding a new position, not like one we already have
Recent or Pending Reorganization
Sending RFP, but I didn’t include Compdata
Haven’t updated compensation programs in years
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Consulting Case Study The Challenge: • High turnover rate in Staff RN positions • Staff shortage had potential to put quality patient care in jeopardy • Remaining RNs working longer shifts with fewer days off • HR spending a significant amount of time recruiting and on-boarding new Staff RNs • Hospital paying high costs to utilize PRNs to fill staffing gaps The Approach: • Hospital examined overall base rate for Staff RNs. It appeared to be at market competitive levels. To better understand the root of their turnover issue, they brought in Compdata Consulting. • Compdata conducted a deep Staff RN competitive market analysis, looking at market landscape and actual base rates by segments of years of experience. • The deeper analysis uncovered a significant gap between market rate and years of experience. • Employees with the least experience and the most experience were being paid at market competitive levels. However, employees with a mid-range of experience were being paid significantly under market competitive levels. Upon further examination, this was the group with the highest turnover rate.
RN Pay by Experience Location: Midwest Industry: Healthcare Customer Profile: • 2,940 FTEs • 400+ Beds • $850 Million+ gross annual revenue
Hourly Rate (USD)
Customer: Hospital
$28.00 $27.00 $26.00 $25.00 $24.00 $23.00 $22.00 $21.00 1
2
3
4
5
6
7
8
9
10 11 12 13
Years of Experience Competitive market level compensation
Neglected compensation
The Results: • Hospital brought compensation of Staff RNs with mid-range experience to market level. • Staff RN turnover was reduced. • Significant improvement in morale.
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Sample Client List Whether utilizing our survey data, or partnering with our consultants on compensation initiatives, employers across the country have placed their trust in Compdata. Below are some of the 50,000 organizations with whom we have worked: • Amedisys, Inc.
•G oodyear Tire & Rubber Corporation
• Anheuser-Busch Wholesaler Operations
• MGM Resorts International
• Baycare Health Systems
• Nestle USA Corporation
• Boys & Girls Club of Metro Atlanta
• Ohio State University
• Caterpillar, Inc.
• Oneida Tribe of Indians
• CenterPoint Energy
• Publix Super Markets, Inc.
• Cerner Corporation
• S alvation Army Central Headquarters
• Checkers Drive-In Restaurants
• Siemens Corporation
• CHRISTUS Health
• The Boeing Company
• Cigna
• Tyson Foods
• Cornell University
• Wal-Mart Stores, Inc.
• FedEx Corporation
• Walt Disney Parks & Resorts
• Fidelity Bank “I recommend Compdata Consulting to any organization looking for consultants with experience, knowledge and a willingness to customize solutions based on individual business models. They took the time to understand our business culture and goals and provided solutions to address our specific challenges.” – Nick P., Director of Compensation & Benefits, Baptist Health Care
compdatasurveys.com | 800.300.9570 | 45
At Compdata Surveys & Consulting, we’re committed to providing comprehensive solutions and reliable results at affordable prices. Since 1988, we’ve collected real data from real organizations to ensure our customers have access to accurate information and innovative consulting services. We continue to meet our customers’ changing needs by offering all-inclusive, progressive products and delivering unmatched service. Our promise to customers is to offer quality pay and benefits solutions – at a sensible price.
1.800.300.9570 www.compdatasurveys.com customerservice@compdatasurveys.com