How does your company’s quote turnaround time rank in relation to other fabrication shops? What about your employee turnover rate? If you want to start improving specific aspects of your business but you’re not sure where to start, benchmarking is your answer. See where your company stands with industry-specific employee compensation and business performance data.

FMA’s 2021 Salary / Wage & Benefit and Financial Ratios & Operational Benchmarking surveys provide robust data so you can find out how your company measures up against the competition.

The 2021 Salary / Wage & Benefit Survey:

• Collects and reports salary, wage, and benefits data exclusively for the metal fabricating, processing, and forming industry
• The survey results offer a detailed look at compensation for more than 70 production and administrative positions
• Key job titles are broken down by tenure, showing wages for entry-level employees vs. those with 2+ years of experience

Not sure if this is for you? Explore excerpts of the data.

The 2021 Financial Ratios & Operational Benchmarking Survey:

• Provides comprehensive business performance data with key financial and operational details
• Data collection includes liquidity, profitability, asset management, operational benchmarking, value proposition, and marketing effectiveness
• Relevant metrics can be used as organizational benchmarks to share with stakeholders on a monthly, quarterly, and annual basis

Take a look inside the report – download a free sneak peek.

New for 2021 — Both surveys include special advisory data regarding COVID-19 adaptations in 2020.