The Monitoring Association reveals results of compensation study

MCLEAN, Va.—The Monitoring Association (TMA) announced the release of its latest Wage & Comp Survey, which provides monitoring and security services companies with salary and benefits information to guide hiring and compensation decisions.

The Survey was created in partnership with TRG Associates, Inc., a consulting firm that specializes in the security alarm industry.

Participation in the Survey was open to all security monitoring companies. Company specific information is not published to ensure confidentiality. The Survey collected wage and benefits information from the year 2018 for the following areas:
•       Demographic Data
•       Types of Monitoring and Installations
•       Monitoring Center
•       Executive & Operational Management
•       Dealer/Installer
•       Customer Support
•       Sales and Marketing
•       IT & Telecom Services
•       Benefits Packages

“This, our latest Wage & Comp Survey, demonstrates our commitment first and foremost to the success of our members, and secondarily to the industry in which we come together, collaborate, and yes, compete,” TMA President Don Young said in the announcement. “This survey is an excellent reference tool for any company in this space that seeks to better understand the current landscape for talent acquisition and compensation.”

The Wage & Comp Survey is now available for sale on TMA’s website (www.tma.us). The purchase price is $400 for TMA members and $500 for non-members. Discounts are available for companies that participated in the survey — they will be contacted individually.

If you have any questions, please contact Celia Besore, TMA Executive Director, at cbesore@tma.us or at 703-660-4914.