2010 Salary Survey: Readers Respond -- How has compensation changed?

Salaries have decreased from previous years. Will they trend upward?

For the first time since the survey was established in 2005, the average salaries reported by respondents declined — from $107,804 in 2009 to $97,554 this year. Until now, average salaries have steadily increased. In 2005, the average salary was $85,234; in 2006, $89,690; in 2007, $90,038; and in 2008, $95,231. (Table 1). Small percentage declines in those reporting annual incomes within the $115,000 to $125,000 pay ranges and increases in those earning $80,000 to $95,000 account for the decrease in the average salaries reported.

How the Data Were Gathered
A total of 1,827 respondents participated in this year's survey. That's second only to 2007 when 1,830 people answered our questions.

Since mid-January, respondents accessed the survey questionnaire via a link listed in the print edition of Chemical Processing, on the www.ChemicalProcessing.com Web site, and in e-newsletters and e-mail blasts sent to readers. Additionally, those who follow Chemical Processing on Twitter at Chem_Processing and Facebook at Chemical Processing Magazine were also encouraged to participate.

Read the full story: Clouds of Concern Begin to Clear -- CP's 2010 Salary and Job Satisfaction Survey