ALEXANDRIA, VA – NACS has released its NACS State of the Industry Compensation Report of 2012 Industry Data, the latest snapshot of compensation levels, turnover and benefits metrics for the convenience and fuel retailing industry.
More than 90 companies, representing almost 8,000 stores, provided data and responses for the latest survey, which tracks industry compensation as of January 1, 2013.
The report examines annual base salaries and the dollar value of all additional compensation for 11 executive-level positions, 7 operations positions and 7 store-level positions, sorted by region, firm size and operating area classification (metropolitan, rural or suburban). The report also provides total projected percentage salary and benefits increases.
The report also provides data on turnover, examining 9 positions by firm size and region, as well as metrics on benefits, including paid time off, total employee health-care costs, percentage of employer contribution to medical, medical and dental coverage, 401(k) plans, life insurance and pension plans. One section also looks at the cost of medical plans, examining employee cost sharing and average annual premium contributions for both individual and family plans by firm size and region.
"Strengthening top- and bottom-line performance and leadership development within a retail operation begins with managerial pay and how a company invests in its talent. Data from the NACS State of the Industry Compensation Survey of 2012 Data increases human resource’s strategic value to your business by providing up-to-date and accurate information for human capital decision-making and refining your priorities for workforce investments," said Joe Sheetz, CFO of Sheetz Inc. and NACS vice chairman of research. NACS has compiled and presented compensation data for the industry since the release of its first compensation report in 1978.
The NACS State of the Industry Compensation Report of 2012 Industry Data (order number 40022066) is available to NACS members in PDF format for $175 ($275 regular price). Orders can be placed online at nacsonline.com/compreports or by calling NACS at (703) 684-3600.