Compensation and Benefits Metrics Exclusive to ASOA Members
Coming in 2024!
Whether you need help recruiting top talent, retaining valued employees, or determining fair market value compensation, ASOA’s compensation survey will deliver meaningful comparisons to help guide strategic planning. Coming in 2024, ASOA is introducing a new tool to get timely and reliable compensation and benefits data to help guide your practice in order to stay competitive in today’s labor market. This customizable benchmarking survey is exclusively available to ASOA member practices, and free for Premier members. Note: To protect sensitive practice data, ASOA is only allowing one Premier member per practice access to enter and review survey results.
To see a demo and learn more about the survey, join one of the upcoming free webinars:
What’s in it for me?
- Ophthalmic specific data! This survey compiles information on salary and benefit metrics specific to 40 ophthalmic practice roles, providing valuable data that can help inform and refine your employee recruitment and retention plan.
- Avoid costly turnover! Conducting annual comparisons helps practices identify opportunities to competitively position themselves and retain valuable team members.
- Customizable filters! Through multiple categories, such as practice size, specialty, and location, ASOA survey participants will be able to analyze relevant data needed to make important salary and benefit decisions.
- Build a practice profile! Simply enter salary data for nearly 40 ophthalmic practice roles and answer questions about insurance offerings, paid time off, and other benefit information. Apply specific filters to drill down and find meaningful data comparisons.'
What metrics are available?
Participating practices will have access to track ophthalmic-specific compensation and benefit trends, and anonymously identify how their practice compares to similar practices and position themselves for future success.
Datapoints that are collected and reported include:
- Annual Salary Rates
- Bonus Structures and Amounts
- Information on bonus eligibility and payouts by position
- PTO Days Granted Per Year
- Details on vacation, sick, and personal days offered
- 401(k) & 403(b) Options
- Plan details including match percentages
- Data on any wellness benefits offered to employees
- And so much more!
With data-driven insights comparing your current pay rates and benefits packages with other practices employing the same roles, you can purposefully evaluate your compensation structure and overall benefits strategy.
Secure and Anonymous Data Collection
Only Premier ASOA members identified as the Practice Account Owner will be able to enter and view the deidentified data for the practice. Practices providing data will be kept confidential and anonymous and will not be able to be identified by other users. This ensures that sensitive compensation information remains protected while still allowing valuable benchmarking comparisons.
The data is pooled across respondents and structured so that only anonymous, aggregated statistics can be viewed. No practice's individual responses can be seen by any other participant.
Access for ASOA Members
The survey is only open to ASOA Premier members, beginning in 2024. Don't miss this opportunity to benchmark your practice against industry peers. ASOA Premier members will receive automatic access to the survey results at no additional cost as part of their membership benefits. The participation window will be announced in 2024 to collect 2023 practice data.
Participate in the Survey
Help build meaningful industry benchmarks and get access to the results by participating in this important survey. Here's how to take part:
- Enter Your Practice's Data: Submit your compensation and benefits data through the secure online portal. Provide salary and benefit information on nearly 40 ophthalmic roles, and download spreadsheets to share with others in your practice to help with data collection.
- Access Your Results: Once data collection is complete and all necessary fields are completed, you'll get access to anonymized results showing how your practice compares.
- Help Build Industry Benchmarks: By participating, you contribute to building a robust data set that provides valuable insights into compensation trends specific to ophthalmology. The more practices that take part, the more meaningful the benchmarks.
ASOA Compensation Survey: Drive Practice Success with Reliable Compensation and Benefits Data, coming in 2024.
Interested in learning more? Email salarysurvey@asoa.org.
