2009 FMA Cost of Doing Business Survey
This year FMA is offering a valuable new survey which will measure the operating costs that are vital for managing a company's financial health, operating efficiencies, and profits.
You're probably familiar with the Wage & Benefits,
Salary & Benefits and Financial Ratios surveys FMA has been conducting for years. But this new survey tool is light years beyond the old format.
What's different?
The 2009 FMA Cost of Doing Business (CODB) Survey replaces the three previous surveys and includes a new business conditions survey. This will be the first time that wages and salaries can be analyzed using financial performance information, e.g. one can see wage information in top performing companies versus in all companies.
Preview the Table of Contents to familiarize yourself with the data included in the survey.
Get your copy
Advantage-level members can order copies of the e-book version of the Cost of Doing Business Survey for $350 from the FMA Store. Basic and Young Professional members can purchase the report for $500.
Not a member? The CODB Survey is available to you for $650, but why not join today and start saving on FMA products and services! Review the other benefits you'll receive as a member.
How to use the Report
- Use the financial benchmarks to identify areas for improvement.
- Use the compensation benchmarks when setting pay levels.
- Use your comparative financial benchmarks in loan discussion with your bank.
- Use the financial statement definitions to help you better organize your books.
- Use the modeling tools to do "what-ifs" and data mining specific to your needs.
- Use the benefits information to compare the value of your plans against others.
- Use the human capital information to build a "Best Place to Work" culture.
- Use the overall results as an educational tool for your employees and leaders.
Respondent Profile
- 64 companies submitted data
- 14 are considered 'high profit firms' with operating margins in excess of 10.8%
- 46% have sales in excess of $10 million
- 43% have more than 50,000 square feet of manufacturing space
- 54% have fewer than 50 employees
- 61% have been in business at least 30 years
- 28% are C-Corporations
Company-level member participants get bonus tools
Advantage-level participants get the full results free, and also have a link to two different interactive online comparison tools:
- The financial profile tool allows you to compare your company's financial performance against others using company size, region, and other demographic selects.
- The compensation calculator lets you analyze wage, salary, and benefit statistics by a range of demographic selects. No more need to create your own comparison studies - the program will do it for you saving time and frustration.
- See an example of this type of interactive report.
Plus, participating in this survey every year allows your company to track trends. Make plans now to complete the 2010 CODB questionnaire, contact FMA's Member Services & Education Department at 888-394-4362 to be included in next year's respondent pool.
Questions?
Call customer service at 888-394-4362 or email info@fmanet.org.
