HRA-NCA 2011 Compensation Survey Report Released

Washington Area Average Salaries were Unchanged from 2010 to 2011 Security Clearance Pay Differential Reported

WASHINGTON, Sept. 26, 2011 /PRNewswire-iReach/ -- The Human Resource Association of the National Capital Area (HRA-NCA), the local chapter of the Society for Human Resource Management, has released its 2011 Compensation Survey Report.

305 Washington, DC area employers participated in the survey and provided compensation data for 513 jobs. These organizations employ 318,570 employees and reported salary and compensation data on 76,550 incumbents on every major industry in the Washington region. This is the 32nd Annual HRA-NCA Survey and it is widely viewed as the definitive source of human resource salary data and compensation practices in the greater Washington, DC region.

Highlights of the survey include:

  1. From 2010 through February 2011, the employees in the Washington area median increase in salary paid for all positions in the survey was unchanged,  while employers are budgeting approximately 2.8% increases for the year for all positions. (This is down from payroll budget increases in 3.2% in 2010.)
  2. Employee Total Turnover was reported at 16% in the DC region and voluntary turnover was 13%. This is approximately the same as reported in 2010.
  3. When reviewing the data by job type on an incumbent-weighted basis, the largest increases were reported in Banking (7.5%),  Human Resource (7.5%), Customer Service (7.1%) and Legal (4.9%) jobs.
  4. The survey asked employers to report on pay differential for employees holding security clearances. 48% of government contractors reported that "cleared" personnel receive greater compensation than employees in comparable positions without a clearance.  Employers indicated that employees with clearances received on average 5-15% more in base pay than those without a clearance.
  5. The pay differential between government contractor employees and people with comparable government jobs is that on average contractors earn 7.3% greater compensation. This is skewed somewhat because the differential for executive positions is 69% higher for executives working for government contractors..
  6. Federal government pay was also flat from 2010-2011.

The Professional Services Council, the trade association representing government contractors, is a partner with HRA-NCA in producing the Government Contractors' Compensation Survey that will be released on September 30.

The survey reports are available for sale and further information can be found at www.hra-nca.org.

Press Notes: Reporters wishing to obtain further information about Washington area compensation, compensation policies and practices, and benefits or to set up interviews with local compensation experts, or need a copy of the presentations or the HRA-NCA Compensation Report should call Dave Sturtevant, PR Consultant, 703-402-3707 or email sturtevantdave@gmail.com

Contact: David Sturtevant, PR Consultant
sturtevantdave@gmail.com
cell: 703-402-3707

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SOURCE HRA-NCA



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