Navigation Links
Study: Raises and Turnover Lower in Tennessee and Florida Than National Averages
Date:10/5/2009

Effective Resources, Inc. releases salary and benefits data representing more than 1.9 million employees from Tennessee and Florida

Knoxville, TN (PRWEB) October 5, 2009 -- Lower employee turnover and lower merit raises are the findings of annual salary, wage and benefits surveys by Effective Resources, Inc.

The salary survey -- held in coordination with the Tennessee SHRM State Council Inc., a Society for Human Resource Management affiliated council --covers data from 164 Tennessee and 167 Florida employer participants, representing more than 1.9 million employees.

The Tennessee regional surveys cover East, West and Middle Tennessee with an overall survey covering the entire state. The Florida regional surveys cover Tampa Bay, South Florida, and Northeast Florida, while the overall survey covers the entire state. The wages reported include industry groups such as banking, finance and insurance, government/education, healthcare, hospitality and restaurants, manufacturing/distribution, not-for-profit, services (business/consumer) and sales (retail/wholesale) and more.

Among the highlights of the survey's findings for Tennessee:

- The average monthly employee turnover for Tennessee employers is 2.3%--considerably lower than the national average of 3.6%.

- The reported 3.5% planned merit increase is higher than other reported averages of 2.8% to 2.9% for the state and lower than the national average of 3.8%.

Among the highlights of the survey's findings for Florida:

- The average monthly employee turnover for Florida employers is 2.3%--considerably higher than the 1.8% reported last year but much less than the national average of 3.6%.

- A marked decrease in merit increases. The reported 3.2% planned merit increase is lower than the national average of 3.8% and is down from 3.6% as reported in last year's survey.

"If you can afford a merit increase, do it." suggests Barry Brown, president of Effective Resources Inc., the owners of SalarySurveyOnline.com. "When things start to return to normal, you'll be in a more competitive position. If not, consider non-cash rewards and don't hesitate to budget merit increases when your company's survival is a little more certain."

Aggregate wage information is reported for over 300 jobs with data break-outs by region, industry, company size, and more. The surveys also include an extensively detailed eight-section benefits report with details for medical premium increases, life insurance and disability plans, medical out-of-pocket costs, 401(k) matching, vacation and sick time, and other important issues facing today's employers.

Visit SalarySurveyOnline.com to learn more about the surveys and their availability.

Click here to view a complimentary Executive Summary for the State of Tennessee:
http://www.SalarySurveyOnline.com/Default.asp?Location=ES/SSO_TNES_2009.pdf&RefCode=PressRelease2009

Click here to view a complimentary Executive Summary for the State of Florida:
http://www.SalarySurveyOnline.com/Default.asp?Location=ES/SSO_FLES_2009.pdf&RefCode=PressRelease2009

About Effective Resources
Effective Resources, Inc. is a leading human resources consulting firm specializing in providing companies assistance with compensation issues, affirmative action plan preparation, salary surveys and employee opinions surveys, as well as other areas of human resources. Effective Resources, Inc. has been in business since 1992. Visit our website at: EffectiveResources.com

Contact Information:
Barry Brown, SPHR CCP
Effective Resources, Inc., President
Voice: 800-288-6044

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company
listed above.

###

Read the full story at http://www.prweb.com/releases/2009/10/prweb2948244.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. U of M study: Early treatment can reverse heart damage
2. New study: Pine bark reduces perimenopausal symptoms
3. U of M study: Health food supplement may curb addiction of pathological gamblers
4. New study: Pine bark extract reduces ADHD symptoms in children
5. Kaiser Permanente study: Alcohol amount, not type -- wine, beer, liquor -- triggers breast cancer
6. UGA study: Youth exposed to smokeless tobacco ads despite settlement
7. New National Medicaid Study: Minnesota Under Funds Seniors Nursing Home Care $167 Million Annually
8. Study: Modafinil is effective in treating excessive sleepiness
9. Breaking Study: Masimo Pleth Variability Index (PVI) Shown Effective in Noninvasive Detection of Changes in Ventricular Preload and Fluid Volume
10. New study: pine bark extract boosts nitric oxide production
11. Study: HPV test beats Pap in detecting cervical cancer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, ... lowdown on sciatica in a new episode of "Success Files," which is an ... and innovation and investigates each subject in-depth with passion and integrity. , Sciatica ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: the Christian ... On The Brink” is the creation of published author, William Nowers. Captain Nowers ... a WWII veteran, he spent thirty years in the Navy. Following his career ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of ... announced today its plans to open a flagship location in Covington, LA at 401 ... Rooms To Go store next to Office Depot in the Holiday Square shopping center. ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... The American ... Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual Symposium ... 8. , In honor of Morris F. Collen, a pioneer in the field of ...
(Date:10/12/2017)... ANGELES (PRWEB) , ... October 12, 2017 , ... ... Parsa Mohebi Hair Restoration, has recently contributed a medical article to the newly ... on cosmetictown.com. Dr. Mohebi’s article spotlights the hair transplant procedure known as ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... Oct. 4, 2017 OBP Medical ... illuminating medical devices, today announced regulatory approval from ... Agency (or Agência Nacional de Vigilância Sanitária (ANVISA)) ... cordless surgical retractor with integrated LED light source ... illumination and exposure of a tissue pocket or ...
(Date:10/2/2017)... ORLANDO, Fla. , Oct. 2, 2017  AllianceRx ... services company formed by Walgreens and pharmacy benefit manager ... of its new brand, which included the unveiling of ... Fla. , as well as at a few ... introduces the new brand to patients, some of whom ...
(Date:9/28/2017)... , Sept. 28, 2017 Hill-Rom Holdings, Inc. ... earnings conference call and webcast on Friday, November 3, ... (EDT) and ending at approximately 8:30 a.m. (CDT) / ... the company,s 2017 financial performance and guidance for 2018, ... initiatives to enhance operational performance, and long-range financial outlook ...
Breaking Medicine Technology: