FOR A LIMITED TIME, all electrical and technology systems contractors can purchase the
2023 Wage & Benefit Report (typically reserved only for EA members). Offer expires May 1, 2024.
Order Now
WHY should you order a copy of our Wage & Benefit Report?
- Informed Decision-Making
Our wage and benefit report provides valuable insights into regional trends and competitor practices in compensation and benefits provided. Armed with this data, you can make informed decisions regarding compensation packages, employee benefits, and overall workforce management.
- Competitive Edge
Staying competitive in the job market is crucial. Minnesota is experience a skill shortage in the electrical industry. This report allows you to benchmark your compensation and benefits against similar companies. By offering competitive packages, businesses can attract and retain top talent.
- Retention and Morale
Understanding employee expectations and needs is essential for retaining valuable electricians. Our wage and benefit report helps identify gaps and areas for improvement. Addressing these can boost employee morale and reduce turnover.
- Cost Control
Analyzing compensation data helps businesses allocate resources effectively. It enables them to optimize salary structures, benefits, and incentives while managing costs. A strategic approach ensures efficient spending.
- Negotiation Power
Armed with accurate data, you can negotiate effectively with employees and candidates. Whether it’s salary negotiations or benefit discussions, having reliable information strengthens your position.
Not keeping up with benefits compared to other businesses in your area? Don’t forget to check out
HealthSpark, our association health plan, and our
MEP 401K, built with the electrical contractor in mind.
The next Wage & Benefit Survey will be distributed in the fall of 2024, and the results will be distributed by April 1, 2025. Complete the form below to be notified when the survey is available.
The report will be available for free to everyone (members and nonmembers) who submits a survey to the Electrical Association. Your report will be sent automatically to you by the end of April 2025. You do not need to contact the office.