Elwood Staffing® recruits and screens top industrial and administrative talent and matches them with our clients’ opportunities, creating mutually beneficial relationships that move companies and people forward.
With a focus on placing skilled trades professionals, Elwood Tradesmen® supports clients throughout the U.S. for projects in a wide variety of industries with helpers, apprentices, journeymen, and master craftsmen.
Specializing in search and contract placement, Elwood Professional® matches highly skilled engineering, information technology, and business management professionals with mid-level, VP, and executive openings.
2
ALABAMA
INDIANA
Albertville Birmingham Clanton Fort Payne Gadsden Mobile Montgomery Oxford Talladega Tuscaloosa
Anderson Angola Camby Clarksville Columbus1 Elkhart Fort Wayne Franklin Goshen Greenfield Greensburg Indianapolis2 La Porte Lebanon Plainfield Plymouth Richmond Seymour Shelbyville South Bend Valparaiso Warsaw
ALASKA Anchorage
ARIZONA Glendale Kingman Mesa Prescott Valley Yuma
ARKANSAS Conway
CALIFORNIA Bakersfield Glendale6 Newport Beach5 San Diego3 Torrance
COLORADO Arvada Aurora Brighton Colorado Springs Denver2 Durango Fort Collins Grand Junction Greeley Longmont Loveland6 Montrose Pueblo
FLORIDA Merritt Island6 Orlando6 Sarasota
GEORGIA Carrollton Douglasville Lavonia4 Newnan Rome
IDAHO Boise Idaho Falls Nampa Pocatello Twin Falls
KANSAS Olathe
KENTUCKY Bowling Green Elizabethtown Florence Hopkinsville Louisville Shepherdsville
LOUISIANA Lafayette Bossier City
MICHIGAN Coldwater Grand Rapids1 Hillsdale Holland Lansing St. Joseph Sterling Heights Sturgis
MISSISSIPPI Brandon Hattiesburg
MISSOURI Belton Kansas City
NEVADA Las Vegas Reno Winnemucca
NEW MEXICO Clovis Farmington Hobbs Roswell
NEW YORK Jamestown
4
NORTH CAROLINA Charlotte
NORTH DAKOTA Minot Williston
OHIO Bryan Marysville Springdale Troy Zanesville4
OKLAHOMA Oklahoma City
OREGON Albany Beaverton Eugene Klamath Falls Medford Portland Roseburg
PENNSYLVANIA Allentown Breinigsville Camp Hill Carlisle Chambersburg Hanover Harrisburg Hazleton Lancaster Lebanon McMurray Mountain Top4 Pottstown Reading4 Wyomissing York
SOUTH CAROLINA
El Paso Graham Houston Irving6 Lewisville Longview Lubbock Midland Odessa San Antonio
UTAH American Fork Brigham City Cedar City Delta Draper Layton Logan Moab Murray6 Ogden1 Orem Price Provo Richfield Salt Lake City Spanish Fork St. George Vernal West Valley
VIRGINIA Christiansburg Forest Salem
WASHINGTON Everett Kennewick Kent Prosser Yakima
WYOMING Cheyenne Rock Springs
Greenville
TENNESSEE Antioch Bristol Chattanooga Farragut Gallatin Greeneville Lebanon Morristown Murfreesboro
TEXAS Abilene Amarillo Arlington Bryan Cleburne
All sites offer Elwood Staffing services, unless noted otherwise. Includes Elwood Professional services 2 Includes Elwood Tradesmen services 3 Includes Elwood Professional & Tradesmen services 4 On-site location only 5 Elwood Professional services only 6 Elwood Tradesmen services only 1
3
We’re not in Kansas anymore. Analysts claim wages are heating up, you know unemployment is low, and just about everyone is struggling with high turnover. Yeah, yeah; we know what’s running through your head: The good ol’ days are gone! There go my profits! Workers are getting too expensive, and none of them stick around!
need to attract workers away from other companies; these rising wages have the added bonus of drawing workers off the sidelines, increasing the labor supply. But because wages have been relatively stagnant for so long, workers haven’t been joining from the sidelines, which is why we’ve found ourselves in such a prolonged state of tight labor.
As you’ve likely come to expect from us, we have a different take on the matter. We don’t think the world is ending. In fact, we think there’s a pretty simple solution: Be on the forefront of the rising wages trend. It’s a real thing, and catching a wave before it catches you always puts you in the better position.
OUR JOB SEEKER SURVEY DATA CONFIRM IMPORTANCE OF PAY
GOVERNMENT FIGURES ARE ALL OVER THE PLACE: UP, DOWN, AND SIDEWAYS The American labor force participation rate (the percent of eligible workers who are working or looking for a job) is the lowest it has been for 50 years, and unemployment is at a similar low point. There’ve been more than 90 straight months of job gains but only about 24 months of wage growth over 2 percent (which is still low). In a typical market with low labor supply and growing demand, wages rise because employers Figure 1 JOB SEEKER CAREABOUTS (WEIGHTED ON A SCALE OF 7)
For the past three years, we’ve been tracking the thoughts and feelings of job seekers through a survey we call our Applicant Sentiment Index™. We ask everyone who applies with us to tell us how they feel about a couple of different facets of their local job market—and by “local job market” we mean ZIP code. We’re that precise. Naturally, one thing we ask about is wages; and, not surprisingly, we’ve come across two findings: 1) Pay ranks as the absolute most important factor job seekers consider when looking for a job (see Figure 1); and 2) Optimism about local wages is comparatively low and has declined slightly over the past couple of years (see Figure 2). The main takeaway here is that wages matter to your potential workforce, and there’s still room to wow them.
Figure 2 JOB SEEKER OPTIMISM TOWARD LOCAL MARKET 95% 90%
5
85%
4.6
4.2
4.
3.6
3.2
3.0
80% 5.4
75% Social connections Feedback from supervisor Essential job functions Learn new skills Work environment Shift schedule Pay
70%
Q4 2015
Q1 2016
Q2 2016
Q3 2016
Quantity of Available Jobs
Q4 2016
Q1 2017
Q2 2017
Quality of Available Jobs
Q3 2017
Q4 2017
Q1 2018
Quality of Local Wages
OUR EMPLOYER SURVEY DATA HELP ESTABLISH A STRONG STRATEGY The compensation data in this book, which we collected through our employer survey, differ from other information you probably have access to because we focus solely on starting pay and benefits for entry-level employees. Our data are protected from the influence of accrued wage raises and some post-waiting period benefits. This approach provides insight into the unique experience of attracting and hiring lesser-skilled workers, for which there are many competing opportunities and few barriers to entry. Here’s a high-level summary of our nationwide findings this year (see Figure 3): · MORE EMPLOYERS REPORT STARTING WAGE INCREASES. On a position-by-position basis, an average of 67% of employers report a starting wage increase for any given job. For production positions, that number hovers closer to 75%, and for administrative positions, it is closer to 60%. Compare this to 43%, 52%, and 31% respectively in 2017.
4
· MEDIAN STARTING WAGES INCREASE IN ALMOST EVERY POSITION. Nearly 90% of all positions saw an increase in the median starting wage, compared with only about 50% in 2017. A heightened median starting wage tells us employers at both the upper and lower ends of the pay scale are raising wages. · THERE’S CONSISTENCY IN THE AMOUNT OF RAISE GIVEN. Year after year, the median increase made by employers hovers somewhere between $0.50 and $0.74 per hour for nearly every position, and this year is no exception. That said, lower-skill (easy to fill) positions see smaller increases (between $0.25 and $0.49 per hour) while jobs with in-demand skill sets (hard to fill) see larger increases (about $1.00 per hour). · MANUFACTURING EMPLOYERS STILL OUTPACE THE COMPETITION. Talent attraction knows no industry boundaries. We continue to find disparities in pay rates and willingness to increase starting wages between manufacturing and distribution employers. Distributors have lower median wages in about 50% of job positions, and they report fewer wage increases. Figure 3 NATIONAL WAGE DATA MANUFACTURING SECTOR
DISTRIBUTION SECTOR
ALL SECTORS
MEDIAN WAGE
% THAT INCREASED WAGE
MEDIAN INCREASE GIVEN
MEDIAN WAGE
% THAT INCREASED WAGE
MEDIAN INCREASE GIVEN
MEDIAN WAGE
% THAT INCREASED WAGE
MEDIAN INCREASE GIVEN
Packer/Hand Packer
$12.00 - $12.49
78%
$0.50 - $0.74
$12.00 - $12.49
62%
$0.50 - $0.74
$12.00 - $12.49
73%
$0.50 - $0.74
Material Handler
$13.00 - $13.49
79%
$0.50 - $0.74
$12.50 - $12.99
64%
$0.50 - $0.74
$12.50 - $12.99
76%
$0.50 - $0.74
Shipping/Receiving Clerk
$13.50 - $13.99
76%
$0.50 - $0.74
$12.50 - $12.99
73%
$0.50 - $0.74
$13.00 - $13.49
76%
$0.50 - $0.74
Forklift Driver
$13.00 - $13.49
77%
$0.50 - $0.74
$13.00 - $13.49
71%
$0.25 - $0.49
$13.00 - $13.49
75%
$0.50 - $0.74
Quality Inspector
$14.00 - $14.49
69%
$0.50 - $0.74
$13.00 - $13.49
72%
$0.25 - $0.49
$14.00 - $14.49
70%
$0.50 - $0.74
Assembler/Fabricator
$12.50 - $12.99
75%
$0.50 - $0.74
-
-
-
$12.50 - $12.99
76%
$0.50 - $0.74
General Laborer
$12.00 - $12.49
80%
$0.50 - $0.74
$12.00 - $12.49
69%
$0.25 - $0.49
$12.00 - $12.49
77%
$0.50 - $0.74
General Mtnc. Worker
$18.50 - $18.99
67%
$0.50 - $0.74
$15.00 - $15.49
67%
$0.25 - $0.49
$18.00 - $18.49
69%
$0.50 - $0.74
Machinist
$17.00 - $17.49
67%
$0.75 - $0.99
-
-
-
$17.00 - $17.49
63%
$0.75 - $0.99
Machine Feeder/Offbearer
$12.00 - $12.49
59%
$0.50 - $0.74
-
-
-
$12.00 - $12.49
60%
$0.25 - $0.49
Welder
$15.50 - $15.99
75%
$1.00 - $1.24
-
-
-
$16.00 - $16.49
74%
$1.00 - $1.24
Machine Operator
$13.00 - $13.49
75%
$0.50 - $0.74
-
-
-
$13.50 - $13.99
76%
$0.50 - $0.74
Office Assistant
$13.50 - $13.99
62%
$0.50 - $0.74
$13.00 - $13.49
68%
$0.50 - $0.74
$13.50 - $13.99
65%
$0.50 - $0.74
Office Manager
$18.00 - $18.49
52%
$1.00 - $1.24
$20.00 or greater
65%
$0.50 - $0.74
$19.00 - $19.49
58%
$1.00 - $1.24
Receptionist
$13.00 - $13.49
58%
$0.50 - $0.74
$13.00 - $13.49
56%
$0.25 - $0.49
$13.00 - $13.49
57%
$0.50 - $0.74
Customer Service Rep.
$15.50 - $15.99
60%
$0.75 - $0.99
$13.50 - $13.99
67%
$0.50 - $0.74
$14.50 - $14.99
63%
$0.50 - $0.74
Data Entry Clerk
$12.50 - $12.99
60%
$0.50 - $0.74
$12.50 - $12.99
70%
$0.50 - $0.74
$13.00 - $13.49
58%
$0.50 - $0.74
Acct./Bookkeeping Clerk
$17.00 - $17.49
67%
$0.50 - $0.74
$16.00 - $16.49
52%
$0.50 - $0.74
$17.00 - $17.49
63%
$0.75 - $0.99
Payroll Clerk
$16.00 - $16.49
59%
$0.50 - $0.74
$15.50 - $15.99
69%
$0.50 - $0.74
$16.00 - $16.49
58%
$0.50 - $0.74
While we absolutely believe the main reason for the wage increases we see is economic pressure to attract talent, we can’t ignore the influence of the regulatory environment. Many states (and a few locales) increased the mandated minimum wage last year and/or implemented annual indexing of the minimum wage, and a rising tide tends to lift all ships. Certainly, for some employers at the bottom of the pay scale, the minimum wage increase was significant enough it legally forced them to increase their own starting wage. IF WE HAVE TO SAY ONE THING BLUNTLY, IT’S THIS … If you want more workers, you need to pay better, and better means two things: better than current market rates, which are rising more quickly than they ever have, and better than job seekers in your local area expect because that will attract job seekers to you and draw sidelined workers into the labor market. We believe the regional sections of this book are a great starting point for setting your wage strategy—and/or to gain a broad understanding of the general trends taking place—but we always encourage you to seek other sources like your state Department of Labor, the Bureau of Labor Statistics, economic development commissions, chambers of commerce, industry trade organizations, and more.
5
PRODUCTION WORKERS – STARTING HOURLY WAGES MANUFACTURING SECTOR MAX: $20.00 +
PACKER/HAND PACKER
DISTRIBUTION SECTOR MAX: $20.00 +
PACKER/HAND PACKER
ALL SECTORS MAX: $20.00 +
PACKER/HAND PACKER
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
75%
75%
75%
75th: $14.99 MEDIAN INCREASE
MEDIAN INCREASE
$0.25 - $0.49/HR
$0.25 - $0.49/HR
25th/50th: $13.49
75th: $12.99
75th: $13.99
MEDIAN INCREASE
$0.25 - $0.49/HR
50th: $12.99
50th: $12.49 25th: $11.49
25th: $11.49
MIN: < $10.00
MAX: $20.00 +
75th: $14.49
MIN: < $10.00
MATERIAL HANDLER
MAX: $20.00 +
MIN: < $10.00
MATERIAL HANDLER
MAX: $20.00 +
MATERIAL HANDLER
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
50%
67%
56%
MEDIAN INCREASE
MEDIAN INCREASE
$0.50 - $0.74/HR
50th: $11.99
75th: $13.49
$0.25 - $0.49/HR
75th: $14.49 50th: $13.49
MEDIAN INCREASE
$0.25 - $0.49/HR
50th: $11.99
25th: $11.49
25th: $11.49 25th: $10.99
MIN: < $10.00
MIN: < $10.00
SHIPPING/RECEIVING CLERK
MAX: $20.00 +
MIN: < $10.00
SHIPPING/RECEIVING CLERK
MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
75%
80%
77%
75th: $15.49 50th: $14.49 25th: $13.49
6
MIN: < $10.00
SHIPPING/RECEIVING CLERK
MAX: $20.00 +
75th: $15.49
MEDIAN INCREASE
$0.25 - $0.49/HR
75th: $14.49 25th/50th: $13.49
MIN: < $10.00
MEDIAN INCREASE
$0.25 - $0.49/HR
50th: $13.99 25th: $13.49
MIN: < $10.00
MEDIAN INCREASE
$0.25 - $0.49/HR
PRODUCTION WORKERS â&#x20AC;&#x201C; STARTING HOURLY WAGES MANUFACTURING SECTOR MAX: $20.00 +
FORKLIFT DRIVER
DISTRIBUTION SECTOR MAX: $20.00 +
FORKLIFT DRIVER
ALL SECTORS MAX: $20.00 +
FORKLIFT DRIVER
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
71%
83%
77%
75th: $15.49 50th: $14.49 25th: $13.49
MEDIAN INCREASE
$0.50 - $0.74/HR
75th: $13.99 50th: $13.49
MEDIAN INCREASE
$0.25 - $0.49/HR
75th: $14.99 50th: $13.49
MEDIAN INCREASE
$0.25 - $0.49/HR
25th: $12.99 25th: $11.99
MIN: < $10.00
MAX: $20.00 +
MIN: < $10.00
QUALITY INSPECTOR
QUALITY INSPECTOR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
100%
80%
90%
75th: $14.99 MEDIAN INCREASE
$0.50 - $0.74/HR
75th: $14.99 MEDIAN INCREASE
25th/50th: $13.49
$0.25 - $0.49/HR
MEDIAN INCREASE 50th: $13.49
MIN: < $10.00
MACHINIST
MIN: < $10.00
MACHINIST
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
Respondents were not asked to provide data for this position.
MAX: $20.00 +
50th: $18.49
67%
MACHINIST
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
67%
50th: $15.99
50th: $15.99
25th: $15.49
25th: $15.49
MIN: < $10.00
$0.25 - $0.49/HR
25th: $12.49
MIN: < $10.00
50th: $18.49
QUALITY INSPECTOR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
25th: $12.49
MAX: $20.00 +
MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
75th: $14.99 50th: $13.99
MAX: $20.00 +
MIN: < $10.00
MEDIAN INCREASE
MEDIAN INCREASE
$0.01 - $0.24/HR
$0.01 - $0.24/HR
MIN: < $10.00
7
PRODUCTION WORKERS â&#x20AC;&#x201C; STARTING HOURLY WAGES MANUFACTURING SECTOR
DISTRIBUTION SECTOR
MACHINE OPERATOR
MACHINE OPERATOR
MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
ALL SECTORS MAX: $20.00 +
Respondents were not asked to provide data for this position.
MACHINE OPERATOR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
88%
88%
75th: $15.49
50th: $13.99
75th: $15.49
MEDIAN INCREASE
50th: $13.99
$0.25 - $0.49/HR
25th: $12.49
25th: $12.49
MIN: < $10.00
MIN: < $10.00
MACHINE FEEDER/OFFBEARER
MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
75th: $17.49
MACHINE FEEDER/OFFBEARER
Respondents were not asked to provide data for this position.
MEDIAN INCREASE
$0.25 - $0.49/HR
MACHINE FEEDER/OFFBEARER
MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
75th: $17.49
100%
100%
MEDIAN INCREASE
MEDIAN INCREASE
$0.50 - $0.74/HR
$0.50 - $0.74/HR
25th/50th: $12.49
25th/50th: $12.49
MIN: < $10.00
MIN: < $10.00
MAX/75th: $20.00 +
WELDER
WELDER
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
50th: $16.99
100%
25th: $15.49
8
MIN: < $10.00
MAX/75th: $20.00 +
Respondents were not asked to provide data for this position.
WELDER
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
50th: $16.99
100%
25th: $15.49
MEDIAN INCREASE
MEDIAN INCREASE
$0.25 - $0.49/HR
$0.25 - $0.49/HR
MIN: < $10.00
PRODUCTION WORKERS â&#x20AC;&#x201C; STARTING HOURLY WAGES MANUFACTURING SECTOR MAX: $20.00 +
GENERAL LABORER
DISTRIBUTION SECTOR MAX: $20.00 +
GENERAL LABORER
ALL SECTORS MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
67%
75%
70%
MEDIAN INCREASE
MEDIAN INCREASE
MEDIAN INCREASE
$0.50 - $0.74/HR
$0.25 - $0.49/HR
$0.25 - $0.49/HR
75th: $12.49
75th: $13.49
75th: $13.49
50th: $12.49
50th: $11.49
50th: $11.49
25th: $10.49
25th: $10.49
25th: $10.49
MIN: < $10.00
MIN: < $10.00
MIN: < $10.00
GENERAL MAINTENANCE WORKER
MAX/75th: $20.00 +
50th: $18.49
25th: $16.99
GENERAL MAINTENANCE WORKER
MAX: $20.00 +
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
100%
100% 75th: $15.49
MEDIAN INCREASE
$0.50 - $0.74/HR
MIN: < $10.00
GENERAL LABORER
25th/50th: $13.49
MIN: < $10.00
GENERAL MAINTENANCE WORKER
MAX: $20.00 +
75th: $18.49
50th: $16.99
% OF COMPANIES THAT INCREASED STARTING WAGE IN PAST YEAR
100%
25th: $15.49
MEDIAN INCREASE
MEDIAN INCREASE
$0.25 - $0.49/HR
$0.50 - $0.74/HR
MIN: < $10.00
9
– SHIFT DIFFERENTIALS PRODUCTION WORKERS HOURLY SHIFT DIFFERENTIALS
Manufacturing
Distribution
All Sectors
% OF COMPANIES THAT OFFER SHIFT DIFFERENTIALS 2nd SHIFT
3rd SHIFT
WEEKEND SHIFT
93%
71%
86%
MEDIAN DIFFERENTIAL
MEDIAN DIFFERENTIAL
MEDIAN DIFFERENTIAL
$0.50 - $0.74/HR
$0.50 - $0.74/HR
$0.50 - $0.74/HR
91%
67%
82%
MEDIAN DIFFERENTIAL
MEDIAN DIFFERENTIAL
MEDIAN DIFFERENTIAL
$0.50 - $0.74/HR
$1.00 - $1.24/HR
$0.50 - $0.74/HR
67%
0%
33%
MEDIAN DIFFERENTIAL
MEDIAN DIFFERENTIAL
MEDIAN DIFFERENTIAL
$0.75 - $0.99/HR
N/A
$0.75 - $0.99/HR
PRODUCTION WORKERS – RAISES
Manufacturing
TIMING OF RAISES OFFERED IN FIRST YEAR % THAT OFFER RAISES:
89%
73%
83%
Of those that offer raises ... 100%
80%
60%
40%
20%
0%
1-30 days
31-60 days
61-90 days
91-120 days
121-180 days
181-364 days
On anniversary date
MEDIAN NUMBER OF RAISES OFFERED:
2
1
2
Some respondents offer multiple raises, bonuses, perks, or other benefits, so percentages add up to more than 100.
10
Distribution
All Sectors
PRODUCTION WORKERS – BONUSES
Manufacturing
BONUS PAY EARNINGS IN FIRST YEAR
Of those that offer bonus pay ...
% THAT OFFER BONUS PAY:
100%
36%
50%
100%
All Sectors
TYPES OF BONUS PAY OFFERED IN FIRST YEAR
(AS A % OF ANNUAL SALARY/WAGES)
59%
Distribution
0
100%
50% or more
20%
40%
60%
80%
100%
Profit sharing
41% - 50% 80%
80%
31% - 40%
80%
21% - 30% 60%
60%
Performance
16% - 20%
60%
11% - 15%
Safety
7.6% - 10% 40%
40%
40%
5.1% - 7.5% 2.6% - 5.0%
20%
20%
20%
0%
0%
0%
Attendance
0.1% - 2.5% Holiday
Production
PRODUCTION WORKERS – PERKS NONTRADITIONAL PERKS OFFERED IN FIRST YEAR Of those that offer nontraditional perks ... 0
Paid breaks for hourly employees (meals and/or other breaks)
20%
40%
60%
80% 100%
Manufacturing
Distribution
All Sectors
CAREER PROGRESSION PROGRAMS OFFERED IN FIRST YEAR Of those that offer career progression programs ... Industry certification Cross-/up-training Tuition reimbursement Other
82% 82% 45% 0%
Industry certification Cross-/up-training Tuition reimbursement Other
86% 29% 43% 14%
Industry certification Cross-/up-training Tuition reimbursement Other
83% 61% 44% 6%
Shift swap with another employee
Relaxed dress code (every day)
Flexible schedule (set hours every week)
Dedicated nursing room
Free coffee
11
ALL WORKERS – BENEFITS
Manufacturing
COST OF HEALTH BENEFITS
HEALTH COVERAGE OFFERED IN FIRST YEAR
(AS A % OF TOTAL COMPENSATION COSTS)
100%
% THAT OFFER ANCILLARY BENEFITS:
89%
78%
Of those that offer health coverage ...
35%
0
20%
40%
60%
80%
100%
85%
Of those that offer ancillary benefits ...
100%
0
Traditional health plan/ Preferred provider organization (PPO)
20%
40%
60%
80%
100%
Life insurance
Short-term disability insurance
High deductible health plan with health savings account (HDHP w/HSA)
Long-term disability insurance
Health maintenance organization (HMO)
35%
All Sectors
ANCILLARY BENEFITS OFFERED IN FIRST YEAR
% THAT OFFER HEALTH COVERAGE:
84%
Distribution
Accidental death or dismemberment insurance Dental Wellness (smoking cessation, gym membership, etc.) Vision Pet insurance
Telemedicine
35%
Financial counseling
Employee assistance program (EAP)
On-site medical facility
RETIREMENT BENEFITS OFFERED IN FIRST YEAR
TIME OFF BENEFITS OFFERED IN FIRST YEAR Of those that offer time off ...
% THAT OFFER RETIREMENT BENEFITS:
79%
100%
Of those that offer retirement benefits ... 0
20%
40%
60%
PAID TIME OFF
85% 80%
100%
89%
89%
93%
Traditional 401(k) MEDIAN DAYS OFFERED:
7 Roth 401(k)
Defined Benefit Pension
5
6
UNPAID TIME OFF
38%
50%
43%
MEDIAN DAYS OFFERED:
5 12
3
5
CORPORATE HEADQUARTERS 4111 Central Avenue Columbus, IN 47203 Phone: 812.372.6200 www.elwoodstaffing.com