Compensation in a Period of Modest Recovery
The NFDA 2012 Employee Compensation Report was recently issued by the Profit Planning Group. Drawing upon 2011 data, the report suggests some challenges for distributors, particularly in light of the still somewhat stagnant economy. It is particularly useful to compare the 2011 results to both the 2007 results (which still represented a period of economic boom) and the 2009 results (at the start of the economic downturn).
Top Management Compensation
Because top management compensation has the largest bonus component, it most directly follows the change in the firm’s financial performance. Top management experienced decreases in the five to ten percent range between 2007 and 2009. Almost all of the decline was in the bonus component. (…)
via NFDA Employee Compensation Report Available – NFDA – National Fastener Distributors Association.