Compensation Resources Inc. Releases Its 2007 College Graduate Salary Survey

Upper Saddle River, N.J. – July 16, 2007 - Compensation Resources, Inc. has released the results of its 2007 College Graduate Salary Survey.  The purpose of this study was to obtain compensation data and information on recruiting and hiring trends for recent and new college graduates.  Data was collected in June 2007, and was compiled from survey questions that were developed by CRI and distributed to companies in over 12 industrial classifications, representing publicly-traded, privately-held, and not-for-profit organizations.  The following table provides a summary of compensation results:
 
 
Results indicated that in 2007, companies in the less than $10 million, $10 - $49.9.million, and $100 - $499.9 million categories provide the largest base salaries to recent graduates among all other revenue categories.  Findings also show that the Eastern and Western Regions of the U.S. provide the highest base salaries and annual bonus/incentives among all other geographic regions.  Other survey highlights:
 
v       Publicly-traded and not-for-profit companies provide higher base salaries, annual bonus/incentives, and signing bonus/incentives compared to privately-held organizations.
 
v       Overall, 66.3% of companies reported that they expect to hire up to 15 recent college graduates this year.
 
v       Throughout 2006 and 2007, the most frequently stated functional areas in which companies expected to hire the most college graduates include the following: Accounting, Customer Service, Engineering, Finance, Information Technology, Marketing, Operations, and Sales.