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2007 Wage and Salary Instructions - The Wage and Salary Survey is

By Jeanne Kennedy,2014-12-02 11:07
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2007 Wage and Salary Instructions - The Wage and Salary Survey is

    Instructions on Participating

    in the

    2007 FMHRA Wage and Salary

     Survey

    1 Print these instructions.

    The last page of this file has the Wage and Salary Survey Order Form for you to

    complete and mail with your payment. (These instructions can also be found at

    www.fmhra.org under the “Wage & Salary Survey” tab!)

    2 Review data submitted last year.

    For those companies who participated in the survey last year, please review the company

    data that you submitted last year for comparison purposes. This data was sent to you by

    Rhea Faue on behalf of FMHRA and it helps to remind you what positions you provided

    data for in the past.

    3 Obtain a recent internal company payroll report.

    To complete the survey you will need a recent internal company payroll report to

    reference which captures the following information:

    ; Minimum, midpoint, maximum for the wage/salary range of the position

    ; Average Pay for the position

    ; Number of Incumbents

    ; Average Years of service

    4 Go to www.fmhra.org.

    Click on Wage & Salary Survey tab.

    5 Review titles and descriptions.

    Click on the file titled “2007 Titles and Descriptions”. Review the survey job occupation

    titles and descriptions and match them as close as possible with your company

    job/position descriptions. These occupations are listed in alphabetical order in the survey.

    You may want to print a copy of this Word file for your records.

    Note: Industry-specific and department-specific positions in Financial Services, IT,

    HR or Health Care have these descriptors in front of the titles for ease of data input.

6 Open 2007 Data Input Form”.

    This is an Excel spreadsheet for you to use to input your data. Upon opening this file,

    do a “save as” command to save this file on your own computer. Please complete

    the input form on your computer (this will avoid having to decipher handwritten

    responses).

7 Enter your company data on “2007 Data Input Form.

    Following are the definitions you will need to know to complete this form:

    ; Min: The minimum wage/salary range for the position (enter as an hourly rate)

    ; Mid: The midpoint of the range (enter as an hourly rate)

    ; Max: The maximum wage/salary range for the position (enter as an hourly rate)

    ; Avg: Average pay for the position based on your current employees

    ; # of Inc: Number of incumbents in this position in your organization

    ; Avg Yrs: Average number of years the incumbents have held this position

    Save the file on your computer and make sure you indicate your company’s name!! If

    you choose to mail the completed form, print out a copy of the form.

8 Open 2007 Benefits Survey Data Form”.

    You may complete this data entry form either on your computer or handwritten. If you

    choose to mail the completed form print out a copy of the form.

9 Make a copy of your completed data entry forms.

    Please make copies of your completed data entry forms for your records.

    10 Complete the Wage and Salary Survey Order Form.

    This is located on the last page of these instructions. Check your choice of survey format

    (CD, hardcopy or both).

    (You’re almost done….)

    11 Submit completed data entry forms.

You have two options:

    Option #1 (must complete both steps) Step 1: Step 2:

    E-mail the following completed forms Mail the completed order form and appropriate

    directly to our FMHRA Intern at: payment amount (checks should be made rjfmn@cableone.net payable to FMHRA) to:

    ; 2007 Data Entry Form FMHRA

     FMHRA 2007 Wage and Salary Survey

    ; 2007 Benefits Survey Data P.O. Box 556

    Form Moorhead, MN 56561-0556

    Items sent in the mail must be postmarked no

    later than July 23, 2007.

Option #2:

    Mail all of the following items in the same envelope to the address below:

    ; Completed 2007 Data Entry Form

    ; Completed 2007 Benefits Survey Data Form

    ; Completed Wage and Salary Survey Order Form

    ; Check in the appropriate amount (made payable to FMHRA)

    FMHRA

    FMHRA 2007 Wage and Salary Survey

    P.O. Box 556

    Moorhead, MN 56561-0556

    Items sent in the mail must be postmarked no later than July 23, 2007.

    Data will be compiled and the surveys should be available in early September.

    Thank you for your participation in the FMHRA 2007 Wage

    and Salary Survey!!

Reminder: Wage and Salary Survey Order Form (for

    participants) is located on the next page…..

    Fargo-Moorhead 2007 Participant

    Wage and Salary Survey Order Form

    Each year the FMHRA puts together a Wage and Salary Survey for the Fargo-Moorhead area with data submitted by its members. Many employers find this survey valuable for budgeting, establishing compensation strategies and researching market trends. This survey contains wage and salary data on over 200 position titles, as well as data on benefits offered by employers in the

    area.

    To purchase this year’s survey, please complete this form and mail it, with payment, to the address indicated below.

Choose one option (price structure for participants): New surveys are published

    ____ CD Only = $25.00 in September each year!

    ____ Paper Copy Only = $50.00

    ____ Both CD & Paper Copies $75.00

Choose one option (price structure for non-participants):

    ____ CD Only = $150.00

    ____ Paper Copy Only = $150.00

    ____ Both CD & Paper Copies $200.00

    Contact Name: ___________________________________________________________ This is the name that will be entered for the “Participation Incentive Drawing”, provided the

    complete survey is received by the appropriate deadlines)

    Company: _______________________________________________________________

    Street Address: ___________________________________________________________

    City: _____________________________ State: ____________ Zip: ______________

    Contact Phone: ___________________________________________________________

    Please make check payable to FMHRA and mail the appropriate items to the following address:

    FMHRA

    FMHRA 2007 Wage and Salary Survey

    P.O. Box 556

    Moorhead, MN 56561-0556

Reminder: Items must be postmarked no later than Friday, July 23, 2007.

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