NFDA’s 2014 Employee Compensation Report Available
PRODUCT NEWS
NFDA’s 2014 Employee Compensation Report Available
The following is a press release provided to GlobalFastenerNews.com. Contact the individual company for additional information.
The NFDA 2014 Employee Compensation Report presents the results of Profit Planning Group’s study of the distribution industry, analyzing 2013 compensation data submitted by 978 U.S. firms for more than 6,000 locations. NFDA co-sponsored this study along with 26 other distribution organizations.
The complete results are presented in two documents. Combined, they provide the most complete source of information available about compensation and benefit practices for distribution industries.
According to Kevin Miller, executive vice president, Bamal Fastener Corporation, “The NFDA compensation survey has been an extremely valuable tool for us. I have it on my desktop and look at it almost daily. Not only is it useful for the hiring process, but also for benchmarking ourselves against the rest of the industry and allowing our employees to see how they stack up with their peers in terms of pay and benefits. I highly recommend participating in the survey (it’s free if you do), and you can’t put a number on the value it provides.”
Volume 1: NFDA Detailed Report
The detailed report presents the analysis of participating NFDA firms. Where appropriate, NFDA results are compared with the results of all participants.
This report provides information about both executive and employee compensation including:
• salaries
• bonuses
• commissions
• perks
It also includes details about fringe benefits such as:
• health insurance
• retirement programs
• employee time off
Volume 2: Industry Report
The industry report presents the analysis of all participating firms. Firms were detailed into more than 20 sales volumes categories and more than 100 geographic areas.
The report is available to NFDA members for $250. The nonmember price is $500.
Visit www.nfda-fastener.org to purchase. (From the home page menu select Resources and then Online Store. Upon purchasing the report, you will be sent links to download both Volumes I and II.
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