Community Interest Survey re: techfrederick's 2021 Benchmark Pay & Benefits Study

When you look up salary and compensation comparisons for Frederick, you often get results that include tons of DC/NoVa results. By lumping our regional area in with those markets, accurate averages of compensation data are thrown off. Techfrederick is aiming to support our business community by providing comparative data that is specific to Frederick.

A custom, Frederick benchmarking compensation survey could analyze pay, pay practices, and benefits data and trends for IT, staff and management jobs within our regional Frederick market only.

If there's enough interest from the business community, techfrederick will partner with a compensation consultant firm to gather the data and prepare a compensation report. This report would be a valuable resource to the participating organizations, allowing leaders to strategically create fair, competitive pay and benefits programs for their organizations. Further, insights on region-specific benchmarks are a crucial component to attract and retain the best Frederick area employees.

Complete this 2-minute Survey to tell us that Salary and Compensation Benchmarking for Frederick matters to you.

Question Title

* 1. Please select the industry that best describes your organization.

Other (please specify)

Question Title

* 2. Please select the option that best describes your total number of full-time employees.

1-10

11-25

26-40

41-60

61-99

100+

Question Title

* 3. Do you have any 1099 (self-employed independent contractors)? If yes, please enter the total number.

No, we do not have any 1099 employees.

Yes, we do have 1099 employees.

Number of 1099 employees:

Question Title

* 4. What year was your organization established?

Question Title

* 5.
Participating in a comprehensive salary and compensation study requires organizational preparation and would require a contact person/department within the company to serve as the contact point.

This person/dept would be tasked with providing basic company information (ie # of employees, revenue, etc) and would need to have access to job descriptions, compensation and benefits practices of the business.

Would your organization be able to meet this requirement?

Yes

Additional Comments:

By partnering with an experienced compensation analyst consulting firm, the process will be in strict compliance with Sherman Anti-Trust Regulations governing compensation data use, all survey data will be reported in a summarized manner, where no single organization’s or employee’s pay data will be identifiable.

For example, we will ensure at least five organizations provide data per survey job, no single organization represents more than 25% of data per job and that participant pay data must be more than 3 months old.

The cost for the compensation benchmarking study would need to be shared between techfrederick and the participating businesses.

The fee to participate would include:

Access to the custom online data collection tool, making the process much more streamlined for the organization to provide data for submission

Option to attend an online demonstration/tutorial for how to complete the necessary study information

Consistent engagement with techfrederick and compensation consultants to assist when needed

Full access to PDF and Excel versions of custom benchmarking survey report results once they have been compiled

A confidential custom Index Reports for each participating organization, illustrating how their pay by survey job title ranks among other participating organizations.

Option to attend a webinar once report has been published for business owners, managers, HR representatives to provide an overview of the published survey report and education/training on how to interpret survey results for their organization and inform pay decisions.

Question Title

* 6. Please select the option which best describes your organization's 2021 financial ability to participate in a custom salary benchmarking study and/or add your comments below. Participation costs will likely be determined by organization size.

Our organization could budget up to $500 for participation in this study

Our organization could budget up to $1000 for participation in this study

Our organization could budget up to $2000 for participation in this study

Our organization could provide data, but is not financially able to budget 2021 funds for this study

Other (please specify)

Question Title

* 7.
If interest levels determine that the study is feasible, please provide the appropriate point of contact within your organization that we should reach out to with more information on how to choose to participate in the study.

Name

Company

Title

Company Address

City/Town

State/Province

ZIP/Postal Code

Email Address

Phone Number

Questions? email bwarburton@techfrederick.org

Thank You!

Community Interest Survey re: techfrederick's 2021 Benchmark Pay & Benefits Study

Question Title

* 1. Please select the industry that best describes your organization.

Question Title

* 2. Please select the option that best describes your total number of full-time employees.

Question Title

* 3. Do you have any 1099 (self-employed independent contractors)? If yes, please enter the total number.

Question Title

* 4. What year was your organization established?

Question Title

Question Title

* 6. Please select the option which best describes your organization's 2021 financial ability to participate in a custom salary benchmarking study and/or add your comments below. Participation costs will likely be determined by organization size.

Question Title

* 7. If interest levels determine that the study is feasible, please provide the appropriate point of contact within your organization that we should reach out to with more information on how to choose to participate in the study.

* 7.
If interest levels determine that the study is feasible, please provide the appropriate point of contact within your organization that we should reach out to with more information on how to choose to participate in the study.