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Do you know if you're paying your employees too much? The market is tight--are you paying enough? You have to be able to retain your most valuable assets, your employees, while maintaining a realistic salary budget. Salary surveys are excellent tools for assessing the current market value for your positions.
At the beginning of the year, IIAT commissioned Business Management Group (BMG) to conduct the 2009 Non-Producer Compensation and Benefits Survey. With input from IIAT members, the survey collected information on compensation, bonus and incentive programs, and employee benefit plans. Find the information that is relevant to the Texas marketplace and compare your agency to peers that are similar in size and market population with the results in the 2009 IIAT Compensation and Benefits Survey.
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Some of the results of the 2009 Non-Producer Compensation and Benefits Survey might be surprising.
In the report, survey participants project average pay increases for 2009 to range from 2 percent to 2.3 percent of base salary. The survey results include responses from 224 IIAT members and six associate members. Data in the report is sorted by population grouping and revenue ranges. Purchase the full report to get a benchmark for your agency. |
