2012 Survey Timeline:
November: Survey Launch and Universities/Foundations fill out compensation spreadsheet and return to McConnell & Company via email by December 7, 2012.
Late December: Survey Summary Report released to all respondents, participants who purchase the full survey report will also receive those reports at this time.
Survey Summary Report – All survey participants will receive this one page summary report that shows the median reported pay by position. This summary is free to all institutions that complete the compensation spreadsheet and thus submit their data to the survey.
Full Survey Report – All participants who complete the survey are eligible to buy the Full Survey Report for $250 (about half of the non-participant price of $450). This report will contain an analysis for each position showing the full range of pay percentiles (10th, 25th, median, 75th, 90th ) with data tabulated by standard peer clusters (e.g. small, medium & large). This report is identical to the participant report that has been provided in the past.
Participant Price, $250:
Customized Peer Group Report – This report, similar in format to the Full Survey Report, will allow you to customize the peer data to your needs. You can pick up to 12 institutions (minimum of 5 for confidentiality) from the survey participant list and we’ll produce a custom report for your peer benchmarking needs. This survey option includes a copy of the Full Survey Report and is offered to participants at a total cost of $500 (or $750 for non-survey participants).
Participant Price, $500:
Consulting Services – McConnell & Company has worked with a number of institutions to help their Boards make informed decisions on compensation, benefits, and incentive bonuses. If your compensation needs stretch beyond the scope of the survey, perhaps a custom analysis would benefit your organization. Additionally, we annually prepare reports for some Foundation Boards that provide them safe-harbor compliance with intermediate sanctions regulations.