VP of Operations Leads the Way in Compensation Increase
Joseph McElmeel, Chairman & CEO of the Executive Search Firm Brooke Chase Associates, Inc., is pleased to announce the release of the 2015 Wage and Salary Survey Report.
- (1888PressRelease) May 13, 2016 - Brooke Chase Associates, Inc. is an executive search and recruitment firm specializing in the identification, evaluation and placement of sales, marketing and general management professionals within the plumbing, building materials, kitchen & bath, and hardware industries. Having been in executive search and recruitment for over 36 years, they have built one of the strongest databases in their industry containing over 49,000 sales, marketing, engineering, manufacturing operations and general management professionals. Brooke Chase's strength in research permits them to go beyond their past contacts and target companies to identify potential candidates in any functional discipline.
"The most effective way of finding out how others are attracting, retaining and compensating their most valuable asset, their employees, is a salary survey," said Mr. McElmeel. "Finding the right base salary is just the tip of the total compensation package. Finding the best balance of benefits, salary, bonuses, commissions, stock options and then implementing a compensation strategy are important to attracting, motivating and retaining key employees."
Brooke Chase Associates, Inc. conducted an analysis of compensation levels and practices for selected executive positions in the building products and related industries.
The Wage and Salary Survey presents summaries of base salary, commissions earned, bonuses earned, stock options and total compensation levels. Also included are summaries of the benefits provided by the companies surveyed. While the President, CEO and General Manager's total compensation had a 5% decrease from 2014 to 2015, the Vice President of Operations increased 42%, Vice President of Sales increased 5% and Regional Sales Managers decreased 0.5% in total compensation over 2014.
The survey included companies with annual revenues under $1 Million to over $1 Billion.
For a complete copy of the Wage and Salary Survey Results, please visit www.brookechase.com
About Brooke Chase Associates, Inc.
Brooke Chase Associates, Inc. is the premier executive search firm specializing in the recruitment of executive management professionals within the building materials, plumbing, cabinetry and kitchen/bath industries. Established in 1980, Brooke Chase Associates, Inc. has offices in Chicago, Knoxville, and its Corporate Headquarters in Sarasota, FL.
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