DATA SUBMISSION OPENS JULY 1, 2023
With labor being your largest costs on your income statement, MTI's Annual Wage and Benefit Survey Report is the industry's #1 resource for wage and benefit data for purposes of helping manage labor costs. With employee recruitment and retention being any company's number one challenge today, this report also is also used in making sure you are competitive on wage/salary rates and benefits.
This survey compares you to your competition nationally and locally in the area of 19 hourly wage positions, 16 salaried management and executive positions, and your benefit structure.
This is a great tool to use in the employee evaluation process, giving raises, determining benefits, or creating new positions.
The 2023 Wage and Benefit Survey data submission form will be finalized and available on June 30. The process will be an easy 1, 2, 3 submission:
- Download the data submission form (excel file)
- Complete the form by inputting your data
- Upload your data form at the link provided in the data form
The final compiled report will be provided FREE of charge to all members who submitted their data. The key deadlines are below:
2023 Data Submissions Open: July 1, 2023
2023 Data Submissions Deadline: September 20, 2023
2023 Report Results Released: November 2023
MTI'S CONFIDENTIALITY STATEMENT
Data is secure and confidential with the study being administered by a third party firm, Bellenfant Advisors. No individual data is released or provided to any company. The only data released is the compiled report.
CLICK HERE to view a sample of the annual report.
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DATA FORMS FOR SUBMISSION IN 2023 WAGE AND BENEFIT SURVEY
OCCUPATION CLASS DEFINITIONS: CLICK HERE
DATA SUBMISSION FORM: CLICK HERE
If you have any questions on the survey, feel free to contact Kristen Speer at kristen@heattreat.net.