Thursday, February 1, 2024 / News 2024 ASA Cross-Industry Compensation & Benefits Survey Are you paying your counter and warehouse employees enough? Dive into the heart of workforce management with the 2024 ASA Cross-Industry Compensation & Benefits Survey. This comprehensive study offers deep insights into compensation trends within the wholesale-distribution sector, encompassing more than 40 unique positions across c-suite, G&A, sales and marketing, operations/warehouse, and IT. This year's edition zeroes in on critical areas such as recruiting & retention and workforce metrics, spotlighting key factors such as employee turnover and quit rates across diverse roles. In the recent economic climate, marked by one of the tightest job markets on record, the struggle to fill positions quickly has been palpable. From 2022 to mid-2023, the ratio of job openings to unemployed persons hovered around two, reflecting a persistently competitive market. The 2022 survey findings revealed that executive and senior management positions took an average of 60 days to fill, while non-management roles required around 30 days. This protracted hiring process places considerable strain on existing staff, emphasizing the need for efficient recruitment strategies. In 2024, the survey aims to dive deeper into turnover rates, quit rates and the duration of filling various roles, distinguishing between sales, operations/warehouse, and office/G&A positions. It will explore how organizations navigate recruitment and retention challenges, building upon 2022 findings where internet job boards, referrals and social media emerged as the top recruitment channels. Participating in this year's study offers an unparalleled opportunity to benchmark against the latest industry trends and shape effective workforce strategies. For more information, contact bbaresel@asa.net. Print