March 16, 2016
NBAA’s 2016 Compensation Survey, which opens March 16, enables member companies to benchmark their flight department salaries against industry peers and, by providing their own data, gain free access to the results.
This year, NBAA is upgrading auditing practices for its annual survey to ensure the data continues to be valid and representative of the entire business aviation industry. As part of the enhanced audit, NBAA will contact a greater portion of the survey participants to verify the accuracy of the information provided, holding that data to a specified margin of error.
“The survey provides a comprehensive view of current aviation department personnel salaries and benefits to help member companies make important compensation decisions,” said Peter Korns, NBAA’s manager of operations. “It’s the leading and most reliable salary survey for Part 91 flight departments, and we want to further strengthen the value and integrity of the data to help companies remain efficient and competitive in the marketplace.”
The 2016 survey will remain open until April 8. Member representatives and designated alternates are invited to participate by logging into the NBAA website and completing the eight-page survey. Results will be compiled and released this summer.
This year’s survey will capture flight department salary information for 17 positions and job descriptions, ranging from aviation department manager to line service personnel. It also will gather data on benefits and retirement benefits, including insurance benefits, medical coverage, stock options and days worked. In addition, the survey will capture information on flight department policies and training, such as training budgets and how often recurrent training is provided.
To provide a reasonable approximation of the marketplace, the survey will include flight departments of all sizes, from across the country and which operate a variety of aircraft types. Last year’s survey amassed data from 755 aviation departments with more than 3,600 total employees.
The survey results remain free of charge to participants, and cost $250 for non-participants. Only NBAA members can participate in the survey or buy access to the results.
International Business Aviation Council Ltd.