Produce industry report: execs average 3% pay raise

06/19/2013 03:32:00 PM
Tom Karst

Produce company executives received an average salary increase of 2.9% in the current fiscal year, according to the United Fresh Produce Association’s 2013 Produce Industry Compensation & Benefits Report.

The report, prepared by research firm Industry Insights, measures industry compensation and benefit data for more than 30 full-time positions, according to the release, and included three new positions this year: regional sales manager, marketing manager and manager of food safety/quality assurance. The report also includes an expanded section on employee benefit practices, according to the release.

The compensation report allows produce companies to compare salaries and benefits for full-time positions across several business sectors, in addition to distinctions for ownership type, produce sales volume, geography and number of full time employees, according to the release.

“This year’s expanded report gives a detailed look at compensation and benefits trends across multiple segments of the industry,” Victoria Backer, United Fresh senior vice president of member services, said in the release. “The information in this report will not only help our industry members understand the broad industry landscape, but it also provides a comparative analysis of similar companies to help members ensure their competitiveness in the marketplace.”

The release said 31% of the responses to the survey came from companies with fewer than 50 full-time employees and 26% from companies with 100-249 full-time employees, according to the release. About a quarter of the responses came from companies with sales from $100 million to $300 million in annual volume, according to the release.

The 130-page report is available for purchase online for $495 for United Fresh members and $695 for non-members, according to a news release from United Fresh. Produce companies that provided data for the report can receive a customized report for the discounted rate of $195, according to the release. For more information, call Backer at 202-303-3408.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left

Feedback Form
Leads to Insight