JobLine Compensation Calculators

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Issue #10218 - September 2017 | Page #81
By Thomas McAnally

Back in 2006, we created a compensation calculator using data gained since we started recruiting back in 1992. Multiple factors go into determining total compensation and we have calculators for Truss Designers, Sales Reps, and General Managers in the Truss Manufacturing Industry. Every year, we update current numbers and factors based on the previous year and current job opportunities. A recent calculation produced the results shown in the image on the right. The total was $74,658 based on an average 45 hour week.

The number is based on national data and does not take into consideration regional cost of living or tax structure. Because most of the jobs we have are Eastern and Central US, it is more accurate in Texas, Virginia, or Florida, than in California. Also since 2006, we’ve been asking each user how accurate the calculator is.

The column on the left represents the responses since inception. On the right, a shorter period is examined. What it tells us is that the results are very close given the High and Low responses are fairly even.

2006 – 2017

2014 – 2017

56% OK

56% OK

11% High

20% High

33% Low

24% Low

The percent of users who felt the rate was OK remaining at 56% is not bad, but there is always room for improvement!

Compensation calculators can be found on our website in the Tool Box at www.thejobline.com

You're reading an article from the September 2017 issue.

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