NTMA BENCHMARKING SURVEYS AND REPORTS
NTMA conducts four benchmarking surveys annually – the Executive Compensation Survey (in January), the Operating Costs Survey (in March), the Business Conditions Report (July and December) and the Wage & Fringe Benefit Survey (in September). These surveys result in valuable benchmarking reports – available FREE to survey participants.
What’s in it for you? As a survey participant you will receive an individual Financial Performance Report analyzing your company. This report compares your financial performance to industry standards. In order to protect your confidential data, Mackay Research Group sends this report directly to you. And it’s free to survey participants. See samples from an earlier Operating Costs Report and Executive Compensation Report.
Non-participating members and non-member may purchase the Reports from the NTMA Store.
Executive Compensation Report
Closely-held corporations are often the target of IRS “reasonable” compensation challenges. The Executive Compensation Report examines issues relating to reasonable compensation by analyzing the range of pay, including base salary, bonus, benefits & perks, that executives earn in the precision custom tooling & machining industry.
Why should members participate in this survey? How does it help your bottom line? Click HERE for a detailed explanation.
Operating Costs Report
This report is a financial analysis of the custom tooling & machining industry. It can help you improve your financial results by establishing “typical” financial performance targets and by analyzing how “high-profit” companies in the industry achieve their success.
NTMA Wage & Fringe Benefit Report
This Report examines high, low, and average wage rates for 34 job functions giving you better feedback than ever before for the range of competitive plant wages in your NTMA chapter, your region, by sales size and by line of business. The survey also covers fringe benefits offered for plant employees. This data is useful for recruiting and employee promotion purposes.
To see a few sample pages of an earlier Report, click here.
The Wage & Fringe Benefit Report is FREE to members that complete the annual survey. Non-participating members may purchase the report for $125; non-members may purchase the report for $750. Visit the NTMA Store to purchase.
Business Conditions Report
By combining your observations with those of others, you can arrive at an entirely new understanding of market conditions and trends. That’s the promise of NTMA’s market research services. By surveying the marketplace—and your peers—we can offer a valuable, big-picture perspective.
We offer the Business Conditions Report twice each year to help you understand where your best opportunities may be, and what you may expect to face in your business.
Our Business Conditions Report contains survey results gathered from contract manufacturing companies—your peers—broken down by industry segment and geographic region, with comments and insight into current and expected business conditions. For the latest reports, click here.