Scottsdale, AZ (PRWEB) April 11, 2007
The salaries for management and professional jobs in the Indian Gaming industry grew by almost 7% last year, according to a 2006 Indian Gaming Compensation Survey by Scottsdale-based WageWatch, Inc., the leading online compensation and benefits survey company. By contrast, results of the survey reveal that in the last 12 months wages rose only 2.5% for hourly jobs.
"To some people it may be surprising to see a 7% jump in salaried compensation, but on the other hand, our clients are telling us that the labor shortage is here and they are finding that it takes more money for key personnel to be recruited and to ensure they stay," says Margaret Dyekman, President and COO of WageWatch. WageWatch's analysis of 48 hourly jobs and 38 salaried jobs compared median rates from 2005 survey data to 2006 survey data.
All is not bleak for hourly workers, however.
"Many casino jobs for which workers are paid hourly also include compensation in the form of gratuities, so flatter raises to hourly rates are not that unexpected," Dyekman continued. "If business is good, hourly workers receiving tips should still be seeing growth in their overall compensation."
Industry in general has experienced wage and salary increases of approximately 3.5% overall since 2002, but over the two years, the average has been inching up to almost 4.0% as the labor shortage becomes more of a reality.
The 2006 survey covers over 22,000 employees across the nation and is the leading on-line source of Indian Gaming compensation data. Jobs such as director of security, training manager, casino pit manager, special events coordinator and cage manager are paid by salary. Jobs such as slot technician, card room dealer, housekeeper, waiter/waitress, security guard and bingo paymaster are considered hourly.
The 2006 Indian Gaming Compensation Survey represents data for employees across 127 jobs in 27 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. Jobs 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 2006 survey is available for purchase by non-participants and available to Indian gaming organizations at reduced rates. and the 2007 on-survey is underway. For additional information, contact Jim Crews at 1-888-330-9243, extension 210, or by e-mail.
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.