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Monday Morning Memo 8.11.14

Posted By Bryan White, Wednesday, August 13, 2014
Updated: Wednesday, August 13, 2014

Participate in the 2014 Profit Analysis Report (PAR) Survey-August 15 Deadline!

Last chance to participate in the 2014 PAR Survey!

In our continuing efforts to deliver the value our members expect from their industry organization, NAFCD is pleased to continue the Profit Analysis Report (PAR). Results presented in this report are based on income statement, balance sheet and operating data supplied by NAFCD firms. Deadline to participate in the PAR Survey is Friday!

The information in the report provides answers to questions such as "Are the most successful firms in a down market placing more emphasis on gross margin management or expense control?" In addition, the report provides direct comparisons between your firm and other industry firms in the floor covering distribution business; however this valuable information is only available to firms that participate in the study.

Participation

To participate in the 2014 Profit Analysis Report study and receive the final report at no cost, visit the NAFCD website and download a PDF of the survey. All surveys must be submitted by August 15, 2014.

 

June 2014 Virginia Tech Housing Report

The housing industry is improving, but the pace is agonizingly slow. In the latest Virginia Tech Housing Report, Urs Buehlmann and Al Schuler analyze statistics from across the industry and conclude that the housing industry has turned the corner, but growth is painfully slow.

Key reason why the housing and economic recovery remains muted:

  • Housing remains a difficult reach for many young people - jobs, credit, school debt, are problems.
  • Today's market is 30% or more cash sales, including many foreign buyers.
  • The economy is having some difficulty dealing with demographic issues (aging population), debt and credit issues.

Learn more about these factors in the June 2014 Housing Report here.

Each month you can access specific data on new housing starts, existing home sales and construction spending, and feature analysis on overall impact to the economy and your business. These monthly housing reports are provided courtesy of Virginia Tech. Remember to take advantage of all the exclusive industry reports and research available to you as an NAFCD member. Visit the Members Only section of the website to access more reports, username and password required.


2014 NAFCD Employee Compensation Report

Learn how your firm's employee compensation package compares to the rest of the industry with the 2014 NAFCD Employee Compensation Report conducted by Profit Planning Group. This study analyzes 2013 compensation data of 978 U.S. firms in more than 6,000 locations. The results provides information about both executive and employee compensation including salaries, bonuses, commissions and perks. It also includes details about fringe benefits such as health insurance, retirement programs and employee time-off. Firms were categorized into over 20 sales volumes and over 100 geographic areas.

To purchase the 2014 NAFCD Employee Compensation Report, click here.

 

Tags:  2014 Employee Compensation Report  Monday Morning Memo  Profit Analysis Report  profit planning group  Virginia Tech Housing Report 

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Monday Morning Memo 6.16.14

Posted By Maddie Moss, Monday, June 16, 2014

2014 NAFCD Employee Compensation Report

2014 NAFCD Employee Compensation Report Now Available
Learn how your firm's employee compensation package compares to the rest of the industry with the 2014 NAFCD Employee Compensation Report conducted by Profit Planning Group. This study analyzes 2013 compensation data of 978 U.S. firms in more than 6,000 locations.
 
The value of this report to your organization is threefold:
  1. The results help you determine where your compensation plan stands, not only within the industry, but also compared to other companies in distribution.
  2. The data helps NAFCD protect your interests by responding to legislative proposals regarding government-mandated health and leave benefits for employees.
  3. The information helps companies that must prove their compensation is "reasonable" within the constraints of the Internal Revenue Code.
The results are presented in two documents. Combined, they provide information about compensation and benefit practices for distribution industries.
 
NAFCD Detailed Report
This report provides information about both executive and employee compensation including salaries, bonuses, commissions and perks. It also includes details about fringe benefits such as health insurance, retirement programs, and employee time off.
 
Industry Report
The industry report presents the analysis of all participating firms. Firms were categorized into over 20 sales volumes and over 100 geographic areas.  
 
How Do I Access the 2014 Employee Compensation Report?
NAFCD members who participated in the survey have already received the results at no cost. NAFCD non-participating members and non-members may purchase the report ($495 member / $995 non-member).


Last Chance to Register for the Health Care Reform Webinar

Mark your calendars for this "don't-miss" webinar on Health Care Reform (HCR) and what the law means for you and your affiliate businesses. Receive the insight and knowledge needed to manage your evolving health care options during the health care reform webinar taking place Thursday, June 19, 2014 from 1:00 p.m. - 2:00 p.m. CST. Register Today!

Prior to the webinar complete the Pulse Check™ Health Care Reform Assessment Tool, to identify resources to help fill the gaps in your HR needs. This webinar will cover penalties that could affect your business, how market reforms are changing the small group health insurance scene and more.

NAFCD Welcomes New Member Louisville Tile

Louisville Tile Distributors has been serving the Kentucky, Indiana, Ohio and Tennessee market for over 50 years. Louisville Tile is proud to offer the latest trends in ceramic, porcelain, stone, glass, and metal tile.

Louisville Tile
Main Contact: Robert DeAngelis
Email: rdeangelis@louisville-tile.com
Phone: 502-452-2037
Location: Louisville, KY

Tags:  2014 Employee Compensation Report  Compensation Report  Health Care Reform  Louisville Tile  New Members  Webinar 

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