Members use biennial research tool to benchmark their company against others
CEDAR RAPIDS, IA, August 22, 2007 – The numbers are in. And the news is good for National Systems Contractors Association members. Every two years, NSCA polls industry professionals regarding company background, staffing, certification, employment benefits and compensation. Confidential surveys are mailed to industry contractors/integrators in North America. The results are printed in the Compensation and Benefits Report, scheduled to be released on September 15.
“For companies to thrive, they must remain competitive in the industry,” said Senior Director of Member Services Jodi Montgomery. “This is an effective tool to help companies with their employee recruitment and retention efforts by ensuring that the benefits package they offer is both appealing and aligned with other companies in the industry.”
Small, medium and large companies in 36 states responded. In certain areas, they reported large gaps. For example, company size (as measured by gross sales) was $637,500 or less for one in 10 respondents. However, one in 10 others reported grosses of $18 million or more.
Following are some fast facts summarized in the report:
- Most companies earn between $1 and $3 million per year.
- Overall, companies expect to boost revenues by 16.7 percent for 2007. Smaller companies had the most optimistic predictions, expecting to grow their businesses by 29.2 percent.
- The average company has 13 full-time employees.
- A majority of businesses (53.8 percent) plan to increase their staff in 2007.
- Companies support certification. Some (39.2 percent) mandate it, while 35.4 percent encourage certification.
- Technical staff are most likely to receive raises; sales staff are least likely to receive raises.
- Ten percent of owners report salaries of $46,190 or less per year; while the upper 10 percent of owners report annual salaries of $300,000 or more.
Corporate members may download a copy of the full report at www.nsca.org/research.
About NSCA
NSCA is the leading not-for-profit association representing the commercial electronic systems industry. With more than 2,500 member companies worldwide, the National Systems Contractors Association is a powerful advocate of all who work within the low-voltage industry, including systems contractors/integrators, product manufacturers, consultants, sales representatives, architects, specifying engineers and other allied professionals. NSCA is dedicated to serving contractor members and all channel stakeholders through education, advocacy, outreach and member services. NSCA University offers a variety of courses on topics such as project management, business, sales, design and technical knowledge. Courses are delivered through a variety of methods including conferences, regional trainings, online learning and webinars. NSCA works in conjunction with a variety of industry partners to provide relevant and meaningful education and certification programs. It also provides leading industry research and market intelligence, insurance solutions, the industry’s most comprehensive manual of practice, Essentials of Systems Integration™ and other business tools. For more information please visit www.nsca.org.
Media Contact:
Nancy Owen
Director of Industry Outreach
319.861.8630
nowen@nsca.org