While risk managers on average enjoyed healthy raises last year, it's important to keep in mind that not all jobs in risk management are created equal, with particular industries and areas of the country paying more than their counterparts, the “2007 Risk Management Compensation Survey” confirmed.

Indeed, Bill Perry, president of New York-based Logic Associates–who for the sixth-consecutive year conducted his annual survey based on National Underwriter's risk manager subscribers–points out that while his report provides valuable national benchmarks, risk managers need to delve deeper into the survey results to see how they truly stack up.

Mr. Perry noted that many risk managers are earning salaries, raises and bonuses much higher than the national averages–while some fall below those general benchmarks.

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