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Accessing Competitive Compensation Data Key to Retention and Recruitment

Posted By Benefits & Compensation Committee, Monday, February 26, 2018

Turnover is costly for every business with estimates starting at 16% and increasing to 213% of annual salary as skill, education and specialization increases. While employees leave for many reasons, there is one factor you can control that will assist you with retention and recruitment efforts: locally competitive salaries and benefits.

Springfield Area Human Resources Association is sponsoring TotalCompConnect, bringing you an easy-to-use tool to help make you more competitive. This survey is completed annually and can provide you benchmark compensation data by geographic area, industry, employment size, and job position.

The following are a few common questions about the survey.

How much does it cost to access the compensation data?

If you participate in the survey and join SAHRA for $45 annually or are already a member, you gain unlimited access to all of this data for free! Yes, free! Without membership or participation, you can access the information for a fee. Visit our website Salary & Benefits Survey for more information. If you would like more information about becoming a member ($45 annual fee), please visit our website under Membership.

What kind of information will I be able to access?

Participation in the TotalCompConnect Surveys will provide you local and regional surveys, including:

  • 2018 Benchmark, Manufacturing and Health Services Compensation Survey,
  • Policies and Benefit Survey,
  • Salary Budget Survey, and
  • Paid Holiday Survey
  • National Surveys

Participation in the TotalCompConnect Surveys will also provide you national wage and salary, including:

  • Executive Compensation Survey,
  • IT & Engineering Compensation Survey, and
  • Policies and Benefits.

SAHRA members will also be able to access the 2017 survey data upon data submission.

How long will it take for me to complete the survey?

That is different for every participant and is based on the size of your organization and other variables. Once you participate in the survey, every subsequent year you just update your information making the process much faster.

How do I get started?

Please email us at to let us know you are interested or even if you just have more questions.

Tags:  benefits  comp  compensation  wage survey  wages 

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