Sept. 25, 2019
For the first time, NBAA partnered with BDO USA, LLP to administer the annual Compensation Survey, which saw more than 625 member company participants. Compensation and benefit data for 5,100 employees and 18 job types were measured.
“NBAA was thrilled to partner with BDO for this year’s compensation survey,” said Jo Damato, vice president of educational strategy and workforce development. “The NBAA Compensation Survey is an invaluable tool to help members retain and attract exceptional talent by focusing on the characteristics of employment that NBAA’s workforce studies show are critical.”
As in previous years, the survey covers annual cash compensation, salary ranges and merit increases and some new perspectives are presented in this year’s survey. For example, the responses are shown by the respondent’s position, so readers can easily identify which responses are self-reported by employees and which are reported by those in leadership positions. BDO also analyzed results for geographic salary differences by region.
The goal of the survey has increasingly focused on helping aviation organizations make compensation decisions to attract and retain qualified aviation professionals, so the 2019 survey also includes data related to long-term employment incentives, duty/flight hours and days off.
Christopher M. Broyhill, CAM, an industry recognized expert on aviation personnel retention, worked with BDO on the development of the 2019 NBAA Compensation Survey. He will touch on the survey during a session at the NBAA Business Aviation Convention & Exhibition (NBAA-BACE) at 10:30 a.m. on Tuesday, Oct. 22.
“This year’s NBAA Compensation Survey takes the instrument to a much higher level,” said Broyhill. “BDO’s considerable expertise has brought professional statisticians to the process and has generated a tool that is comprehensive, consistent, reliable and much easier to use, particularly in the Excel format.”
The results are available free of charge to member companies that participated in the survey. Other members may purchase survey results. New this year, the survey results are presented in Excel format for easy sorting and research.
NBAA’s Business Aviation Management Committee has conducted a number of workforce development and retention studies to assist member companies.
International Business Aviation Council Ltd.