Scottsdale, AZ (PRWEB) March 22, 2006
Results of the 2005 Indian Gaming Compensation Survey by Scottsdale-based WageWatch, Inc. (http://www.wagewatch.com), the leading online compensation and benefits survey company, reveal that while Indian gaming operations may appear to pay competitively with the hotel industry as a whole, significant differences actually exist –especially in hourly wage jobs.
A sample of six jobs – Bus Person, Retail Sales Clerk, Security Officer/Guard, Administrative Receptionist, Payroll Clerk, and Maintenance Engineer – reveals that wages in Indian gaming organizations are 7% below average wages for the same group of hourly paid jobs for full service hotels. Average starting rates were even lower, at 10% below.
However, pay for management positions in Indian Gaming is significantly higher. For positions such as Housekeeping Director, Executive Chef, Controller, Director of Human Resources, and Director of Security, average salaries are 9% higher in Indian Gaming than in the hotel industry. Data from the hotel industry were taken from WageWatch’s 2005 Hotel Benchmark Compensation Survey.
“Organizations that recruit and train employees, only to lose them, should keep an eye not only on wages in their own industry, but also across industries”, says Margaret Dyekman, President and COO of WageWatch. “Turnover in entry level jobs is costly. In competitive markets, when wages lag by even $.50 per hour, employees are tempted to jump ship.”
The Indian Gaming Compensation Survey represents data for over 17,000 employees across 105 positions in 26 different casinos and associated hotels/resorts. The Survey captures average base wage rates, starting and maximum rates, bonus and commission data, and pay structure type. Positions in the survey are from casino-specific departments such as Bingo, Card Room, Blackjack, Slots, Security and Surveillance, as well as general sales and support departments such as Marketing, Administration, Finance, Information Technology, and Human Resources.
WageWatch, Inc., a Web-based, compensation and benefits survey company, has been gathering wage data for Indian gaming since 2003, when it entered into an exclusive strategic alliance with the University of Nevada, Las Vegas (UNLV) International Gaming Institute (IGI) to become its technology partner and assume the survey process from UNLV. The 2005 survey is available for purchase by non-participants and available to Indian gaming organizations at reduced rates. For additional information, contact Travis Pullen, 480-657-6517, or tpullen @ wagewatch.com.
ABOUT WAGE WATCH
Wagewatch (http://www.wagewatch.com),the leading Web-based source for compensation and benefits data, provides instantly accessible industry wage, salary and benefits data, delivered to any Internet-enabled device. Using a patent-pending technology, WageWatch surveys industries and provides companies with the data they need to make their compensation and benefits decisions. As a pure information provider, WageWatch gives its customers the ability to see what their competitors are paying and position themselves in their markets.