07/18/2018
Top 3 Reasons to Participate: Wage & Benefits Survey
Here are the top three reasons why you should take the survey:
1. You’ll get access to a treasure trove of data. Want to see the results of the survey? The Survey Report is only given to participants. And you’ll definitely want a copy of this report, because it’s filled with invaluable data that can help make your business more successful. You’ll get answers to many important questions, such as:
- Pay – Are you paying enough to attract the best talent? Are you paying more than necessary to keep the best talent? For example, last year’s report showed that in PIA's North Central Region the average operator of a 20” to 28” 4 or 5 color sheet fed press made $23.16/hour. If you have a 20” 4-color sheet fed press, how do your pay rates compare?
- Benefits – You’ve overheard employees grumbling that your PTO policies are unreasonably stingy. Compared to your area peers, are they—or are your employees comparing your company to the common policies in some other industry?
- Decision Making – You’re running the numbers to see if it makes sense to add a third shift. Based on industry averages, how much of a premium will you need to pay your workers for assignment to this shift?
2. You’ll be helping the industry. As with all industry surveys, a high level of participation is required to create statistically significant results. Your participation helps everyone.
3. Your participation will be easier than it looks. Yes, the questionnaire PDF itself is 6 pages long. But this is because we are collecting granular salary data by job title, including many job titles that do not apply to your organization. So please don’t let this put you off. Unless your operation is so big that it includes nearly every type of equipment out there, you will not actually be filling out 6 pages’ worth of data!
The 2018 Wage and Benefits Survey - our most popular member publication - is now open for participation. The 2017 survey had nearly 600 participating companies and included compensation reporting of nearly 19,000 employees. It is the largest and most reliable industry wage and benefit survey on the market.
All information is kept confidential and only aggregate numbers are reported.
Click here for links to download the PDF form of the questionnaire or to take the survey online. Every member who participates receives a free copy of the report (members who do not participate may purchase it for $250; the non-member cost is much more! If you have any questions, please contact our state office or your BDD at 614-794-2300.