HR best practice includes an at minimum bi-annual compensation survey to analyze, examine, and study your organization's wage and overall compensation package which would include your employee benefits.
Since 2003, Executive HR Consulting Group has been providing their clients with the information they need to intelligently evaluate their largest expense - compensation. By having accurate, useful data on the compensation structure in a competitive labor market, management professionals can effectively consider industry trends and find opportunities for cost containment, reduction of turnover, improved budget analysis, and more successful recruitment efforts. Information is specific, yet presented in a manner that maintains the strictest confidentiality for all participants.
2021 SURVEY CALENDAR & TIMELINE
We are excited to announce that we have launched our proprietary new software! Participants accross the country (all surveys) will be able to complete their online registration and input their data in an easy to use format. The online format looks very similar to the excel spreadsheets used in the past, and the survey results can now be distributed much faster than in the past. If you have any questions, please don't hesitate to reach out.
COVID-19
Due to the worldwide pandemic, we felt the need to cancel most all of our 2020 survey processes - Luckily, we were able to complete the Southern California Survey process just before Covid-19 hit our industry, and a total of 78 hotels participated in the survey, representing 28,716 guest rooms, and a total of 27,345 employees.
2021
Because our surveys are so much needed in the industry; Covid-19 or not, we will move forward with our survey process in 2021. As usual, a minimum of six (6) participants are needed in order to maintain the confidentiality of the data. Below please find the 2021 Survey Calendar:
SOUTHERN CALIFORNIA
Invitations to participate will be sent on 2/1/2021
Data due back to ECG by 2/19/2021
Results returned Early March
ARIZONA - Phoenix/Scottsdale/Tucson
Invitations to participate sent on 3/8/2021
Data due back to ECG by 3/19/2021
Results returned Early April
CALIFORNIA - Palo Alto
Invitations to participate sent on 4/5/2021
Data due back to ECG by 4/16/2021
Results returned Early May
CALIFORNIA - Monterey/Carmel
Invitations to participate sent 5/3/2021
Data due back to ECG by 5/14/2021
Results returned Late May
US Nationwide - Resort Employee Relations Group (RERG)
Closed Survey - For RERG members only
Invitations to participate sent 5/24/2021
Data due back to ECG by 6/11/2021
Results returned Mid June
DISTRICT OF COLUMBIA - Washington
Invitations to participants sent out 7/12/2021
Data due back to ECG by 7/23/2021
Results returned Early August
CALIFORNIA- Lake Tahoe
Invitations to participants sent 8/2/2021
Data due back to ECG by 8/13/2021
Results returned Late August
HISTORY - HOSPITALITY INDUSTRY - SOUTHERN CALIFORNIA
Due to the pandemic, and the difficulties our industry has been facing, the number of participants significantly deareased this year. From 78 participating properties early 2020 (prior to Covid-19), only 43hotels participated in this 2021 survey, representing 13,034 guest rooms and 10,713 employees.
Our hearts and thoughts continue to go out to all properties still in serious financial difficulty - We are hopeful that this "transitional year" will help heal, and bring our economy and our beloved hospitality industry back to its business peaks, with outstanding guest service and hospitality!
The survey is comprehensive, yet presented in a way that maintains the strictest confidentiality for all participants. The hourly and exempt data is returned to participants in an overall format as well as by geographical areas, in order for participants to view comparison of data within their specific locations. The survey result reports include:
- General Findings Report (rooms, employees, ratios, banquet service charge splits, turnover & other relevant data collected)
- Overall Statistical Report for entire group – Non-Exempt Positions
- Overall Statistical Report for entire group – Exempt Positions
- Benefits Information (H&W, co-pays, PTO, Insurances, etc.)
- Analysis by Geographic Region
- Analysis by Luxury and Larger Hotels
- Participant List by Region/Zone
- Beaches and LAX Areas
- West Side/Bevery Hills Areas
- Downtown Los Angeles/Valleys/Surrounding Areas
- San Diego and Orange Counties
- Santa Barbara Area
- Palm Springs/Desert Areas
Testimonial: "This is Possibly the Best Wage Survey Available"..... A Palm Springs Client