NAFCD issues employee compensation report

Home Press Release NAFCD issues employee compensation report

Chicago — The North American Association of Floor Covering Distributors (NAFCD) has released the 2014 NAFCD Employee Compensation Report. The study analyzes 2013 compensation data of 978 U.S. firms in more than 6,000 locations.

NAFCD said the value of the report lies in three areas.

1)   The results help companies determine where their compensation plan stands, not only within the industry, but also compared to other companies in distribution.

2)   The data helps NAFCD protect company interests by responding to legislative proposals regarding government-mandated health and leave benefits for employees.

3)    The information helps companies that must prove their compensation is “reasonable” within the constraints of the Internal Revenue Code.

The results are presented in two documents. Combined, they provide information about compensation and benefit practices for distribution industries.

NAFCD Detailed Report
This report provides information about both executive and employee compensation including salaries, bonuses, commissions and perks. It also includes details about fringe benefits such as health insurance, retirement programs, and employee time off.

Industry Report
The industry report presents the analysis of all participating firms. Firms were categorized into over 20 sales volumes and over 100 geographic areas.

Must Read

Daltile’s advisory meeting tackles Statements Dealer Program

Dallas, Texas—Daltile is currently holding its annual meeting with key customer advisory board members on Tuesday, Oct. 20, to ensure the Daltile Statements Dealer...

Interface unveils first carbon negative carpet tile  

Atlanta—Interface, a worldwide commercial flooring company and global leader in sustainability, unveiled Embodied Beauty, a carbon neutral/negative carpet tile collection. Consistent with the company’s Climate...

Positioning area rugs for maximum profit

By Lisbeth Calandrino Some view area rugs as a decorative add-on to a hard surface installation, but I see it as a potential profit center...

Marmomac renews support of NSI award

Oberlin, Ohio—Marmomac has renewed its sponsorship for the Natural Stone Institute’s Grande Pinnacle Award for the next four years. Marmomac has sponsored the Grande...

WPC vs. SPC: How competing cores thrive at retail

By Megan Salzano Not only does the resilient flooring category continue to take market share from most other flooring categories, it is still reporting growth...

Schönox products now accessible on mindful Materials platform

Florence, Ala.—Schönox HPS North America is now a participant in the mindful MATERIALS (mM) Library. Schönox said it is committed to sustainability and considers...
X