Using this data helps companies understand compensation and rewards packages to attract, retain and reward top industry talent.
RALEIGH, NC, July 28, 2021 /24-7PressRelease/ — FMI Corporation, a leading provider of management consulting and investment banking services to the built environment, released the 2021 Construction Professional & Executive, Homebuilders Professional & Executive and Benefits Surveys today.
Given the scarcity of construction-industry talent, attracting and retaining people requires understanding how compensation and total rewards packages can help your company compete. FMI Compensation offers a holistic picture of total rewards, including benefits, vehicles, pay practices and other compensation tools to create rewards that align with industry best practices. This proprietary data can be accessed on the company’s interactive website.
The list of released 2021 surveys include:
• Construction & Homebuilders Professional provides compensation data primarily for non-union professionals.
• The Executive Survey offers compensation data for executives, company leaders and other construction professionals.
• Benefits and Pay Practices contains data on benefits and pay practices for construction and homebuilders.
“The release of these survey products in July renews our commitment to providing our customers the timely data necessary to see how their compensation, benefits and executive plans compare across the industry,” said Peter Cregger, FMI’s chief data officer. “This information is vital in developing comprehensive total reward plans that are competitive and cost effective. FMI’s survey products allow for detailed understandings of compensation and benefit offerings across construction professionals, executives, homebuilders and engineering. Enabling customers to truly understand how their specific compensation and benefit data compares within the industry allows for fact-based, data-driven decisions.”
FMI has been providing critical market compensation data to the industry for more than 26 years. The company’s deep knowledge of labor market data and industry trends is a fundamental building block of an effective pay policy. This information is critical for today’s leaders to drive organizational success and long-term employee performance.
To learn more about FMI’s Salary and Benefits surveys visit: www.FMICompensation.com.
FMI is a leading consulting and investment banking firm dedicated to serving companies working within the built environment. Our professionals are industry insiders who understand your operating environment, challenges and opportunities. FMI’s sector expertise and broad range of solutions help our clients discover value drivers, build resilient teams, streamline operations, grow with confidence and sell with optimal results. Learn more about our offerings.
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