Wage & Fringe Benefit Study

NTMA Wage and Fringe Benefit Survey

provides benchmarking tools to help maintain your total compensation package:

Are you overpaying or underpaying your employees?

How do your benefits stack up?

Find out by taking part in the NTMA Wage and Fringe Benefit Survey.

Maintaining a competitive and effective compensation program helps you get and keep top-notch employees.

  • Do you know what employees with similar experience earn at other companies?
  • Is your benefits package competitive?

NTMA can help you determine how you compare to the market—in your chapter, in your industry segment (Tools & Dies, Molds, General Precision Machining, Aerospace Machining & Fabrication, Special Machines, Production Operations) and at similar size companies. We have survey data to help you make sound compensation decisions that benefit you and your employees.

All organizations must pay competitive wages in the market place if they intend to attract and retain qualified employees.  The wage and fringe benefit report gives you insight into benefits, practices, and compensation being offered at precision custom machining organizations in your NTMA chapter, region and nationally.  The survey reports jobspecific compensation data, thus providing your company the ability to make reliable and equitable financial decisions regarding wages and benefits.

Participating firms will receive information on topics such as:

Wage Rates:

  • Low, high & average wages by job title
  • Manual Machining Operations
  • CNC Operations Wages
  • Support Function Wages

Benefit Programs including:

  •  Health Care Plans
  • Retirement Income Plans
  • Paid Vacation & Holidays

Schedule

Questionnaires are  due back by the November 1st. Don’t miss this opportunity!

TO DOWNLOAD AN EXCEL COPY OF THE SURVEY, CLICK THIS LINK:  NTMA 2013 Wage Survey 

AFTER COMPLETING, PLEASE RETURN TO:

Mackay Research Group
john@mackayresearchgroup.com