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Monday Morning Memo 1.13.14

Posted By Maddie Moss, Tuesday, January 14, 2014

2014 Employee Compensation Survey

Hiring and keeping good employees is essential to the profitability of your business, especially in today's economy. To achieve that goal, you must consider your overall employee compensation plan - not just your pay scales, but your benefits program as well - in comparison to other firms in distribution.

How does your firm's employee compensation package stack up in the industry? To help you evaluate your situation, NAFCD and NBMDA are co-sponsoring the 2014 Employee Compensation conducted by Profit Planning Group. Approximately 1,000 firms in 30 distribution lines of trade will be participating.

The value of this survey is threefold:

  • The results help you determine where your compensation plan stands not only within the industry but also compared to other companies in distribution.
  • The data helps NAFCD respond to legislative proposals regarding government mandated health and leave benefits for employees.
  • The information helps companies that must prove their compensation is "reasonable" within the constraints of the Internal Revenue Code.

Participants will receive a complimentary copy of the results in May 2014. Non-member participants will be subject to a fee for the report. Results will include information on executive compensation, employee compensation, sales commission plans, inside/counter sales policies, and benefit programs. For more information on this report, visit our website.

To participate, please click here (Excel) or here (PDF) for a copy of the survey. Once you download the survey, please mail the completed survey to The Profit Planning Group by February 28, 2014.

Join us at Surfaces 2014 in Las Vegas!

Exhibits: January 28-30, 2014
Education: January 27-30, 2014
Mandalay Bay Convention Center 

SURFACES is the leading floor covering industry event, bringing together thousands of retailers, distributors, installers, designers and home builders for four impressive days of face-to-face networking, education and product sourcing.

Stop by and visit us at Booth #S6101 during exhibit hall hours to learn more about what NAFCD has planned to bring you and other members in 2014.

Download Your NAFCD Member Logo

We encourage you to download the NAFCD member logo and proudly display it on your company website and in your email signature.

To download the NAFCD Member logo, please sign onto the NAFCD Website and click on the Member Only tab. You will need your member ID number and password to access this section of the web site.

 

Tags:  compensation survey  download logo  las vegas  NAFCD member logo  profit planning group  surfaces 

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