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Charlottesville, VA Business News

“How Much Should I Pay You?” Chamber Releases 3rd Annual Area Compensation Report

Posted by lbanner on August 2, 2007

The Charlottesville Regional Chamber of Commerce in July released its 2007 Charlottesville Region Compensation Survey Report. The report is produced in cooperation with local HR Diversified Solutions and Salary.com, a Massachusetts based compensation data technology company.

Local compensation data has been hard to come by, notes the Chamber. In making compensation decisions, businesses have had to rely on (and adjust) data that came from the Richmond, Virginia, and Washington, D.C., labor markets. So this is the third year running that the Chamber has produced this report for the benefit of local businesses. But the data is proprietary and only available to survey participants and purchasers.

Displaying data for more than 100 “benchmark jobs,” this year’s survey had 48 participant employers. That’s approximately 4% of the 1,200 enterprises represented by the Chamber, but the survey data is noted to include some of the area’s largest employers.

Curious about the data? A released sampling reports that a “graphic design specialist” in the Charlottesville regional market pulls down a median salary of $38,000 annually; a “nurse practitioner,” a median annual salary of $75,200; a “shipping & receiving clerk,” $27,600; and an “information technology director,” $95,000.

So if you want to know what to pay that new employee of yours, the Chamber says contact HR Diversified Solutions to purchase the 2007 report.

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