BLR News

6/21/2006

BLR’s 2006 Exempt Salary Survey Featured in Podcast

Old Saybrook, CT – June 21, 2006 – BLR executive John Brady was recently interviewed on a podcast by Ken Rayment of the Betterprocess.com to discuss BLR’s latest salary survey for exempt personnel. Rayment, owner of this website for small to mid-size manufacturing firms, was intrigued by the results that showed that the biggest pay raises in 2006 will go to a group of heretofore unsung heroes, Purchasing Managers. They will earn the highest average 2006 raise (9.35%).

To listen to the podcast you can go to: http://www.podcasternews.com/programs/87/better-process-podcast/1919/

Compensation.BLR.com conducted BLR’s greatly expanded annual salary survey in early 2006. Pay rates for the average exempt worker (employees not eligible for overtime) will increase 4.0% in 2006 – just under the 4.1% cost of living index in 2005. Only one position, Wholesale and Retail Buyer, will show a salary decline in 2006 (down 0.19% to $43,192).

Unlikely Rock Stars
“This year’s top gainers are very different,” commented Catherine Moreton, BLR’s compensation editor. “We theorize that globalization pressures are forcing companies to focus on improving their cost structures, making purchasing managers the unlikely new corporate rock stars. Likewise, marketing and promotion managers will be amply rewarded to increase sales and market share.” Executive Summary
A free Executive Summary of BLR’s 2006 Survey of Exempt Compensation is available at http://www.blr.com/landingpr/?landingPRID=10&source=PRS&effort=112