Magazine article Personnel Journal

HR Salaries on the Rebound -- Barely

Magazine article Personnel Journal

HR Salaries on the Rebound -- Barely

Article excerpt

No, 1995 WASN'T A BANNER year for HR executive pay raises. They dropped slightly from 1994's 4.4% to 4.2% this year. However, a study by William M. Mercer and the Society for Human Resources Management indicates that raises will receive a little boost next year-to an average of 4.3%.

Here are the average total salaries for various positions in HR management:

[Sidebar]

New Executives Find the Honeymoon Ends Too Quickly

Not much of a track record. According to Philadelphia-based Manchester Partners International, within a mere 18 months after being promoted, approximately 40% of managers and executives fail--they're terminated, they resign from their posts or receive poor performance reviews.

According to Edward Betof, senior vice president, who interviewed and polled more than 1,000 executives, managers and their bosses, there are six main reasons the new promotees fail at a record rate:

* They're unclear about what's expected from them

* They're unable/unwilling to make tough decisions

* They take too long to learn their jobs

* They fail to build partnerships and teamwork with subordinates and peers

* They don't have the required internal political savvy

* They lack balance between their work and personal lives. …

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