NAFCD Cross-Industry Compensation & Benefits Report
How Does Your Compensation Package Measure Against Other Distributors?
NAFCD has partnered with Industry Insights, an independent, third-party research firm that specializes in providing high-quality survey research for associations, to deliver the
NAFCD Cross-Industry Compensation and Benefits Report. The report provides a detailed analysis of key compensation and benefit-related statistics for the distribution industry.
Business owners and HR managers can use the results of this study to answer key questions, such as:
- Are you leading, matching, or falling below that market in terms of your compensation offerings?
- How are other distributors attracting and retaining employees?
- How is your turnover rate compared to what others are experiencing?
- How long does it take to fill an open position in distribution?
The Process
The online survey is designed with auto-summing and “save and return” functionality to allow users to easily return to their respective survey forms and view or modify their responses as needed. That said, the survey may be completed as a PDF, Excel file,
or an online form.
In an effort to provide participants with results as soon as possible, we will abide by the following timeline:
- January 13 – Access Survey
- March 1 – Survey Due
- May 13 – Results Available (participants will be emailed notice/instructions)
Importance of Participating
Participation by industry members is the backbone of any survey-based research project. The more companies that participate, and the more data they provide, the richer and more robust the results will be for the end-users. By participating in this study,
you will help your industry in producing collective data that can provide actionable information for you and your peers. The last time this study was conducted we had a very robust dataset in receiving completed surveys from over 900 distribution
companies, representing 10,000 locations.
Investing time in providing your company’s data will save a significant amount of time when you begin analyzing the results. This time savings comes from how the confidential Company-specific Compensation Reports (CCR) are produced. Your company’s own
compensation information is displayed for you alongside the appropriate industry comparatives (all respondents, industry focus, annual sales volume, etc.) to make comparability and analysis as easy as possible. Instead of digging through files and
making calculations as you dive into the report, all of your own information is reported directly next to the appropriate comparatives for any given data point.
Benefits of Participation
The NAFCD Cross-Industry Compensation & Benefits Report provides participants with the ability to compare their results against all responding companies as well as several additional data aggregations—these include industry focus, annual sales volume,
number of employees, business seasonality, geographic region, state, Metropolitan Statistical Area (MSA), and other aggregates deemed important. Additionally, data will be reported at the overall company level as well as the distribution center level.
By participating in the survey, responding companies receive:
- A comparison report with aggregated results of 1,000+ other distributors
- Excel Data Tables with full cross-industry data aggregates
- A customized Company-specific Compensation Report (CCR) in the form of a PDF
Confidentiality
Industry Insights utilizes internal controls and security procedures to ensure that data remains confidential throughout the project. Additionally:
- All information received from individual participants will be treated in a strictly confidential manner and will not be disclosed to any individual, entity, organization or third-party outside of Industry Insights, Inc. as required by law.
- Only the aggregated results are published in the final industry-wide Cross-Industry Compensation & Benefits Report. Additionally, no individual company will be identified as a participant in the report.
