Attract New Talent for Your Company
June 5, 2019
Have you taken the time to evaluate your company's perks with ALTA's Title & Settlement Services Industry Compensation Index? Our industry is in a unique position: A large portion of our older title experts are starting to retire. Therefore, it's important to attract new talent with comprehensive salaries and benefits.
The Compensation Index is designed to help you do just that: It allows you to easily examine the full value of your compensation packages and compare your business to the competition down the street. It can compare salary rates for existing positions and assist you in analyzing the current market for new roles.
The Compensation Index provides results showing the 25th percentile, median and 75th percentile of responses – as well as where your company falls – in easy-to-read graphs like this:
To get free access to the Compensation Index, all you need to do is participate. We know the data you're providing is sensitive, and your privacy is important to us. All company data is collected through a secure third party, and individual data will be kept confidential.
Other FAQs:
- Who can enter data? The primary contact or a designated individual can complete the Compensation Index on behalf of each company location.
- Who can review the results? Because of the highly sensitive nature of the data contained in the survey, full access to the Compensation Index is restricted to a location's primary contact and/or the designated individual.
- When the results be available? Once enough data is collected, the results will become live. Participants will be able to filter results to compare themselves with other companies as well as download Excel reports and PowerPoint slides. However, a minimum of five data points must meet the filter requirements for the results to display.
- What data will I need to enter?
- Company demographics by location (state, revenue, staffing numbers, expenses, etc.)
- Compensation data by position (rates, bonuses, hours worked, etc.)
- Information on the benefits packages your company offers
If this sounds complicated or overwhelming, don't worry: We created a step-by-step guide to help you navigate the Compensation Index. You also can download the full set of questions included in the Compensation Index to help you prepare.
Please join me in completing the Compensation Index. We need your participation to make this project a success!
Contact ALTA at 202-296-3671 or [email protected].