"The 2007 Greater Richmond Compensation and Benefits Survey reports provide employers with market data to confidently price their employees," comments Christine Midwood, director of survey services at Salary.com. "This helps ensure employers set compensation at levels that attract the best talent and retain employees in a very competitive marketplace."

Human resources departments from 107 organizations participated in the 2007 surveys, including some of Richmond's largest and most well known companies. Nearly one-half of the survey participants are privately owned while one-third are not-for-profit or government entities and approximately 18 percent of participants are publicly-traded companies. Participants represent a broad range of industries and range in size from 5 to 76,000 employees, with a median size of 230 employees.

The 2007 Compensation Survey report displays base pay and variable pay data for 183 benchmark jobs. The jobs are in the following key categories:

In addition, the survey report displays data for jobs in the Not-for-Profit, Hospitality, Communications, Call Center, Construction, Retail, and Distribution job families.

The following chart includes a representative sampling of jobs from the survey:

"The primary reason we sponsor this survey is to provide local companies with good, local pay data that can be used to compare their salaries to those paid by competitors," explained A. Lee Weisiger, co-owner and managing principal of The Titan Group. "In a tightening labor market, it is important for employers to have access to current pay data so that they can develop programs and policies that will attract and retain the best talent."

"Annually, employers are making adjustments to their benefit programs in this time of escalating healthcare costs, and this survey gives employers a valuable tool to ensure their benefit programs are competitive in the local market," comments Tom Mackay, a partner with Keiter, Slabaugh, Penny & Holme, LLC. "The survey enables employers to review local data on a host of benefit plan elements, including medical contributions and plan design, consumer driven health plans, retirement plans and leave programs."

More information regarding the 2007 Greater Richmond Compensation Survey and 2007 Greater Richmond Benefits Survey report package, including the purchase price, can be found at http://richmond.salary.com. To purchase the survey report package, email The Titan Group (admin@titanhr.com) or call 804-754-8330.

About Salary.com, Inc.

Salary.com is a leading provider of on-demand compensation management solutions helping businesses and individuals manage pay and performance. Salary.com provides companies of all sizes with comprehensive on-demand software applications that are tightly integrated with its own proprietary compensation data sets, thereby automating the essential elements of the compensation management process and significantly improving the effectiveness of its clients' compensation spend. For more information, visit www.salary.com.

About The Titan Group, LLC

The Titan Group LLC is a Richmond-based strategic Human Resources Consulting firm that provides services to emerging and established organizations that want to optimize their investment in their human resources. They offer creative and comprehensive consulting services that are specifically positioned for each client and reflect the organization's culture, business strategy and competitive landscape. These services include:

• Compensation Studies
• Talent Strategy Services
• Management Training & Development
• Human Resources Advisory Services

The Titan Group is a partnership of Human Resources executives who together bring over 100 years of experience from several Fortune 500 organizations, including Capital One, SunTrust, First Union, Anthem, Pizza Hut, PriceWaterhouseCoopers, American Home Products, Tenneco and Standard MicroSystems. For more information, visit their website at www.titanhr.com.

About Keiter, Slabaugh, Penny & Holme, LLC

Keiter, Slabaugh, Penny & Holme, LLC is dedicated to creating affordable, professional solutions for managing our clients' employee benefits and human resource needs. Our firm wants to become an extension of our clients' human resource department helping them with designing, competitively bidding, and implementing benefits programs which help retain and attract quality employees for the company.

• Health & Welfare Benefits
• Retirement Plans
• Employees Communication
• HR Administrative Services

Keiter, Slabaugh, Penny & Holme, LLC can develop a single benefit design or the coordinated management of several programs and services. For more information on Keiter Slabaugh Penny & Holme LLC, please visit their website at www.KSPHLLC.com.

Contact:
Jared Jost
p: (781)464-7341
press@salary.com

• Events
• Awards
• Press Release Archive
• In The News Archive