IOMA’s Report on Salary Surveys has been one of IOMA’s best-renewing publications from its inception in early 1993. The Report analyzes data from major salary surveys released during the year by the biggest compensation survey companies, WorldatWork, SHRM, state HR societies, and the Big Four accounting firms, to give readers an overview of those expensive, hard-to-manage services. RSS’ goal is to provide data HR managers, VPs of Benefits, Compensation Directors, Treasurers or Controllers can use to determine competitive compensation packages and control payroll costs. IOMA’s Report on Salary Surveys is a must-read for any manager in HR, Compensation/Benefits who does the research and groundwork that helps to create a company’s salary scale. RSS includes a Calendar of compensation-related events, a quarterly survey source index, and exclusive data from IOMA’s in- house survey dept.
Web designers are responsible for the creation and look of a Web site. Since it’s now de rigueur for organizations to have their own site, they will come in contact with this job title at some point. While some companies will simply contract this project out, others will hire a Web designer to handle this critical commerce tool. A recent study examines pay for this position—the 2007 Design Salary Survey from Coroflot, and data from Payscale detail salary and bonus by industry and size of company.
It is a paradox that despite unemployment being on the rise, organizations are struggling with turnover and retention. The important point is that although the economy is slowing and companies need to tighten their belts, organizations are looking to retain talented employees who add value while jettisoning middling and low-performing workers. An exclusive IOMA survey found that of the organizations struggling with retention, many have plans in place to counter the problem. The full results of this survey can be found in the newly released 2008 Guide to HR Benchmarks.
The economy may be struggling but the outlook for customer service professionals is bright. Customer service and contact centers are growing in importance as a revenue-generating department. As a result, customer service managers are gaining new career opportunities and salaries, according to three surveys.
The average salary for manufacturing management is $105,581, according to the 2008 Salary Survey from IndustryWeek, a trade publication. This means that the annual salary of manufacturing managers in the United States actually declined slightly, by 0.9 percent, from $106,588 in 2007. Despite this fact, the same survey found that the percentage of managers who are "very satisfied" or "satisfied" with manufacturing as a career path actually increased from 79 percent to 83 percent. Perhaps they are happy to simply be holding their job, since despite the number of people employed in manufacturing continuing to decline, output and overall productivity are improving every year.
Survey Overview
Although the majority of professionals in the printing and graphics industry received a raise in the past year, nearly three-quarters reported it was between 1 percent and 3 percent. This is below the national average of 3.8 percent. Relatively low levels of pay are partly why companies in the printing industry are finding it difficult to attract workers, according to the Annual Salary Survey from Graphic Arts Monthly, an industry publication.
Fundamentals of Compensation, New York City, May 1-2. Contact: Cornell University ILR School, 212-340-2802; www.ilr.cornell.edu/mgmtprog/HR.
Jobs That Are in Demand
The economic scene may be shaky, but there is still a demand for certain positions. The "Top 25 Most Wanted U.S. Professions" from Jobfox ranks the jobs that are in greatest demand by recruiters and other employer agents who use Jobfox to seek workers.
Executives Feel No Pain; Pay Continues to Rise
Report on Salary Surveys is part of...
Human Resources