Embed Size (px)
Citation preview
Larry Dowell | Dowell Management
2016
Founded in 1972, serves six-state regionIowa, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin
Purpose is three-fold• Provide continuing education opportunities• Facilitate connection with industry peers• Develop a regional ethic among chambers of commerce
Expanded Product Line• Annual Conference• Compensation & Benefits Survey• Advocacy Alliance• Membership Satisfaction Survey• Newsline• Operations Survey
About MACE
MethodologySelf reporting, sampling, corrupt data
Who was surveyed• Iowa, Missouri, Nebraska, Minnesota, North Dakota, South Dakota, Wisconsin
Who participated
Survey Background
Overall, participation was steady from 2014. However, there was a notable increase in participants from Nebraska and Iowa.
Trend Lines
State Participation
Gender of Chief Paid Executive
63%37%
In 2014, 68% of chamber executives were female
Gender by Income Group
Unlike previous years, the $750 - $1m income group is predominately female in 2016
Breaking the trend
Age of Chief Paid Executive
Chambers that made a profit
2010
2012
55%
71%
2014
73%
2016
75%
Average # of employees
38% 62%2016
Medical Insurance63% of chambers with budgets over $300,000 contribute to the cost of medical insurance (down from 95% in 2012).
2012
2010
2014
Yes No
42%
49%
51%
Does chamber directly contribute to cost of medical insurance?
Benefit % of Chambers Offering Benefit
Club (civic) membership 60%
Qualified Retirement Plan 60%
Medical Insurance 41%
Life Insurance 31%
Club (social) membership 29%
Dental Insurance 26%
Long-term Disability 26%
Short-term Disability 24%
Benefit % of Chambers Offering Benefit
Paid Parking 19%
Tuition Reimbursement 17%
Cafeteria Plan Reimbursement 15%
HSA 12%
Furnished Auto 8%
Benefit Offerings for Chamber Executives
Overall CEO compensation has increased
2014 2016 % Increase
All Chambers $65,234 $68,858 5.5%
$100k-$200k $47,030 $47,514 1.0%
More than $1m $154,092 $165,923 7.6%
Income Group Avg Bonus Paid Avg Bonus Potential Average % Paid
<50k - - -50k-100k $1,384 $2,028 79%
100k-200k $1,163 $1,796 75%200k-300k $3,298 $7,258 78%300k-500k $6,388 $6,767 87%500k-750k $5,069 $9,530 59%750k-1m $13,000 $15,500 83%
>1m $23,469 $26,321 73%
Chamber Executive Bonuses
40% Has bonus 60% Do not
GET READY TO PLAY…
COMP & BENEFITS TRIVIA
In 2016, chambers have a record high percentage of chamber executives with a Bachelors degree or higher.
What was the percentage in 2008?
Question 1
2016: 73%
2008: 59%, none of which were doctorates
Answer 1
Iowa has the youngest average chief paid executives, while North Dakota has the oldest.
What is the average age of all chamber executives surveyed?
Question 2
Iowa: 41 years oldNorth Dakota: 50 years old
All Chamber Executives: 45 years old
Answer 2
What percentage of chamber executives are part time?
Question 3
8%
While 36.3% of all Administrative Assistants are part-time.
Answer 3
What is the average percent of payroll allocated to benefits?
Question 4
7%
While chambers with annual revenues over $500,000 allocate an average of 14%
Answer 4
Average Chamber $50,000 and below
Average Chamber $50,001-$100,000
Average Chamber $100,001-$200,000
Average Chamber $200,001-$300,000
Average Chamber $300,001-$500,000
Average Chamber $500,001-$750,000
Average Chamber $750,001-$1,000,000
Average Chamber More than $1,000,000
Full survey report is posted on the MACE website right now (http://www.midamericachamberexecutives.com)
Chambers who participated will receive a code for a complimentary copy. Those who did not participate can purchase the report for $45
Chambers desiring custom reports or specific data requests should be directed to:
Jake Ganser, Dowell [email protected] | 651-300-6585
Conclusion
Any Questions?
Thank you
