Best Practices for Successfully Filling Open Positions
One key component of the JUST RELEASED ASA 2024 Cross-Industry Compensation and Benefits Survey is a best practices section on methods used to successfully fill open positions. The new report provides a detailed analysis of key compensation and benefits-related statistics for the distribution industry.
The report also gives detailed average compensation and benefits levels for positions such as president/CEO, chief operating officer, chief marketing officer, HR, IT, purchasing, director of sales, counter, warehouse, drivers, branch managers, outside sales, inside sales, showroom, and more.
This year, among 12 distribution-centric trade associations, including ASA, nearly 600 wholesalers operating nearly 8,000 locations participated in the survey, administered by ASA longtime business intelligence partner Industry Insights.
Several key data found in this report include:
- Average turnover and quit rate for non-management employees.
- Major concerns/issues related to the labor market.
- Methods used to successfully fill open positions.
- Percentage of insurance premiums paid by the company for full-time employees.
- Types of retirement plans offered.
- Top 10 other benefits provided to employees.
- Capping mechanisms used to limit incentive pay for salespeople.
- When commissions are typically paid.
- Most common compensation methods for outside salespeople.
The report also gives detailed average compensation and benefits levels for positions such as president/CEO, chief operating officer, chief marketing officer, HR, IT, purchasing, director of sales, counter, warehouse, drivers, branch managers, outside sales, inside sales, showroom, and more.
To learn more about this report, email Bri Baresel at bbaresel@asa.net.
COMPENSATION REPORT