ABCs NH/VT 2012 Construction Industry Wage and Benefit Survey Results are now available to members. The annual survey data, collected from December 2011 through February 2012, included responses from 50 contractors, with an average of 40 employees and an average annual volume of $10 million. The responses covered wage and benefit practices for 19 classifications of employees. The survey showed that 53% of employers responding to the survey are providing some variation of bonus or incentive compensation in addition to the base wage; this is up 8% from last years survey (down 10% each year the two prior years). 88.4% of employers continue to provide health insurance for employees (down 4%), and deductibles increased by over 19% for the single plan and 26% for a family plan ($2,517 average for single plan, $6,720 average for family plan). The average amount of the employer contribution actually increased slightly. Some employer contributions are based on tenure and some employers establish maximum dollar amounts, not percentages for their contribution. Even with increased deductibles health insurance premiums increased from last year’s survey.
This survey is the only one of its kind available in our area. We appreciate the response from members to assure we received data to provide the most valuable information for as many employee classifications as possible. The survey data is extremely important to:
~ Provide members with valuable information to maintain competitive wage and benefit practices,
~ Support owners who may be purchasing construction services and are subjected to union campaigns that include inaccurate statements about merit shop wage and benefit practices,
~ Provide legislators and other public policy decision maker’s factual, documented evidence of the wage and benefit practices of merit shop contractors.
Please contact the ABC NH/VT Chapter Office for a copy of the survey results. We will email the survey results upon request. We do not enclose the survey results in a mailing due to our inability to control the company distribution of the information when received.