2021 Wages and Benefits Report

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INTRODUCTION

2021 WAGES AND BENEFITS

WE ARE THANKFUL FOR the support of our underwriters, Indiana Michigan Power, Indiana Municipal Power Agency, NIPSCO, and Wabash Valley Power and we, the South Bend Elkhart Regional Partnership are proud to present the results of our 2021 South Bend – Elkhart Regional Wages and Benefits Report. This was a collaborative effort supported by the economic development organizations across northern Indiana and southwest Michigan. This survey of human resource practices represents the self-reported descriptions of benefits from 143 manufacturing and nonmanufacturing companies within Elkhart, Fulton, Kosciusko, LaPorte, Marshall, and St. Joseph County in Indiana, and Berrien and Cass County in Michigan. Participants have been divided into two categories: Manufacturing and Distribution and Non-manufacturing, and further divided by size. Large manufacturers have annual sales of at least $100 million; medium manufacturers have annual sales of at least $20 million and up to $100 million; small manufacturers have sales less than $20 million. Large non-manufacturers have at least 200 employees while small manufacturers have fewer than 200 employees. Participation in the survey is voluntary. While the report accurately reflects data given by participants, it does not claim to be a statistically accurate report of all benefits practices in the region. The publication includes a report of wages. It begins with wage data published by Emsi Burning Glass and the Bureau of Labor Statistics to deliver a comprehensive 2021 Wages and Benefits Report for the South Bend Elkhart region. The wage report gives an average mean pay wage, 25% pay wage, medium pay wage and 75% pay wage for over 350 occupations. The report also highlights average annual wages for Regional Industry Clusters in the South Bend - Elkhart region and the United States. Benefits reports express typical average practices since averages may be skewed by numbers that are significantly higher or lower than what is most common. The report also includes a supplemental data section providing information about work and labor force in the region. The mobility of workforce is illustrated by county commuting pattern reports. Each section also reports union representation and anticipated hiring, layoff, and wage activity for 2021 and 2022. This analysis was supported by the South Bend – Elkhart Regional Partnership and Braun Analytics. We hope you find this to be a valuable tool as you consider your compensation practices and how to most competitively budget to accommodate your future growth. As your organization embarks on new entrepreneurial endeavors, please know that our team, including your local economic development organization, is ready to step up and act as your connection to everything you need to help you make that move or expansion, providing a convenient and confidential process. If you have questions or comments or would like to request additional copies of this publication, please contact the South Bend – Elkhart Regional Partnership at: 574.344.4686 or info@southbendelkhart.org.

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REGINA EMBERTON CECD, CCIM, SIOR President and CEO South Bend - Elkhart Regional Partnership


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