Updated: Aug 29
Paying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That's why companies use market data to research the value of their jobs. To determine the prevailing rate for a job, companies can benchmark jobs against compensation surveys that are detailed and specific to their company’s industry and region.
DRMA conducts such a survey each year, and it’s time for you to participate. Your confidentiality is assured. All information is kept strictly confidential and reported in aggregate form only. There will be no publication that will contain your data along with the name of your company.
Topics presented in the survey include:
Employee benefits (medical, dental, vision, short- and long-term disability, holiday, vacation, profit sharing, 401(K), and pension plans)
Recruiting and retention strategies
The results report, available in October, is free to participating DRMA member companies. Non-participating DRMA members may purchase a copy for $250, $400 for non-members. If you would like to participate or have questions, please email Shay Knoll or call (937) 949-4000 and she will send you the link to the survey.