Gallagher, Flynn starts new exec comp survey

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Gallagher, Flynn starts new exec comp survey

Wed, 07/14/2004 - 8:00pm -- tim

Gallagher, Flynn Launches Executive Compensation Survey
Gallagher, Flynn & Company has
started
a web-based executive compensation survey as an addition to their
successful New England Salary Survey. This survey will provide
information not currently available about competitive pay for senior
managers in Vermont and across New England.
"There is no good data that is easily available on executive
compensation in small private companies in Vermont and New England. We
will change that with this survey," said Frank Sadowski, partner in
charge of this survey. "We get many calls asking for this information.
With this survey, participants will have the information at their
fingertips whenever they need it.
The New England Salary Survey represents the next big step in providing
compensation information that companies need. It provides perpetually
current data to participants over the internet. The data can be divided
by industry, region, and size of company. It lets companies make the
comparisons they need for their own purposes. Adding the executive
compensation information will make the survey even better."
The New England Salary Survey currently has participants from Vermont
and New Hampshire. More than 100 companies and non-profits will be
participating by the end of September. Companies pay an annual fee
(currently $375), put their data into the survey either over the web or
by filling out a paper survey, then have access to the data from the
website (www.nesenglandsalarysurvey.com
) for a year. The website's
software updates all the salary averages with the addition of each new
company's data and drops any data over a year old from the calculations,
keeping the data current. Data is being collected on over 300 jobs
currently, and good salary information is now available on more than 150
positions. Benefit and bonus information is also available.
The executive compensation section covers 17 positions, though an
individual company is not likely to have all of them. In addition to the
CEO, COO and CFO, jobs like the top research and development executive
and the top fund raising executive (for non-profits) are included.
Access to this information requires a separate access code so that
companies can determine who will have access to this data.
To promote the executive compensation section, all subscribers to the
New England Salary Survey prior to October 1 will have free access to
the executive compensation section if they add their data. After October
1, there will be a separate charge for the executive compensation
section.
The New England Salary Survey will soon have data that is specific to
many different regions of Vermont. "We already have great data for
Chittenden and Washington Counties, and we should soon have data
specific to Franklin and Addison Counties, the Upper Valley and several
other counties,"said Sadowski. In addition, marketing in New Hampshire
is expected to increase the number of companies in the survey east of
the Connecticut River. Eventually, the survey expects to include data
from all the New England states.
For more information about the survey, go to the website,
www.newenglandsalarysurvey.com
or call Frank Sadowski at 802.651.7216.