Survey News: The Benchmark Compensation Survey is Now Available!

Employers Council’s 2021 Benchmark Compensation Survey collected base wages for 442 positions across ten distinct job families for Arizona, Colorado, Utah & Wyoming.  Each job includes the individual state breakouts of the data and an overall Total Responses data line.  In this year’s edition the Utah data is included in the all-inclusive report.

Reported in the survey are base salary and average formal pay range.  Participants were also asked to include by position:

  • Annual Incentive – Participants were asked to provide annual incentives for the past fiscal/calendar year. Data reported are average incentives paid and number of employees receiving an incentive.
  • Target % Incentive – Participants were asked to provide targeted percentage figures for additional compensation, not earned income for the current year.
  • Exemption Status – Participants were asked to identify the FLSA classification of their matched position.

New to the survey this year are Fiber Install Technicians, Fiber Design/Network Engineers, Firmware Engineer, as well as others (refer to the Survey Introduction for a complete list of changes to this year’s survey).

The general information section reports data for 2020 pay increases, and 2021 and 2022 projected pay increases, historical tracking of projected increases versus actual increases and average hiring rates.

2021 Benchmark Compensation Survey Geographic Comparison

When using survey data it is important to know the demographics of organizations who participated in the survey. Are the organizations who reported data in the survey similar in geographic location, industry type, and employment size to your organization? Following are several charts showing the 2021 participant analysis by geographic location, industry type, and employment size for all four states: Arizona, Colorado, Utah, and Wyoming.

Participant Analysis:

The charts below shows the various industry groups and employment sizes of employers who submitted data. These data include participants in all four geographic areas: Arizona, Colorado, Utah, and Wyoming. See the published surveys for individual state breakouts.

Want to Know More?

The entire survey for the Benchmark Compensation Survey: AZ, CO, UT, and WY is available on the Survey Results page of the website at www.employerscouncil.org.  If you have any questions regarding this report, please contact the Employers Council Surveys Department at surveys@employerscouncil.org.