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:6/27/2016)... ... June 27, 2016 , ... A revolution ... the emergency ambulance transport experience for the millions of people who require these ... disrupted the taxi industry through the use of technology. Now, SmartEMS has put ...
(Date:6/26/2016)... ... 2016 , ... PawPaws brand pet supplements owned by Whole Health ... the health of felines. The formula is all-natural and is made from Chinese herbs ... Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract and Rehmannia ...
(Date:6/25/2016)... ... 2016 , ... The temporary closing of Bruton Memorial Library on June 21 due to a ... new, often overlooked aspect of head lice: the parasite’s ability to live away from a ... occurrence, but a necessary one in the event that lice have simply gotten out of ...
(Date:6/25/2016)... ... ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department of ... recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at Work ... Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 businesses ...
(Date:6/24/2016)... ... 2016 , ... Marcy was in a crisis. Her son James, eight, was out of control. ... and physically. , “When something upset him, he couldn’t control his emotions,” remembers Marcy. ... rocks at my other children and say he was going to kill them. If ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 23, 2016 Research and Markets ... Market by Type (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic ... Coating, Parenteral) - Global Forecast to 2021" report ... The global pharmaceutical excipients market is projected to ... of 6.1% in the forecast period 2016 to 2021. ...
(Date:6/23/2016)... Research and Markets has announced the addition of ... their offering. The current ... environment for MedImmune to enter. The US ageing population creates ... drive considerable growth for effective anti-influenza medications. The introduction of ... but development is still in its infancy. ...
(Date:6/23/2016)... 2016 Revolutionary technology includes multi-speaker ... , industry leaders in advanced audiology and hearing aid ... Opn ™, the world,s first internet connected hearing aid ... devices.      (Photo: http://photos.prnewswire.com/prnh/20160622/382240 ) ... of ,world firsts,: , TwinLink™ - the ...
Breaking Medicine Technology: